Oldtimer said:
aplusmnt said:
Backhoe all good ideas, but what I was wondering what OT thinks can be done to get gas prices lower? He did not mention it in the above post, but as all his message are motivated with blaming and hating Bush.
So I am interested in exactly what OT would do if he was President to stop oil prices from rising and especially gas prices?
Well A+ I'm not sure there is much that can be done right now...We're about 7 years too late...
7 years of a secretly negotiated energy policy that oilman Cheney did with assistance of the oil company executives, which centered almost entirely around the oil industry and their tax subsidies and profiteering- instead of looking at and focusing on alternative sources have helped put the costs at where they are- as well as leading the way for the downfall of our current economy....
I do know one thing I would do....Instead of the US taxpayers paying all the bill of rebuiding Iraq's oil infrastructure- and then charging us full whores price for it- I would make them use the 100's of Billions of dollars in oil money they have stuffed away in world banks ($200 Billion in the US alone) to do the rebuilding and then require the sale of the oil to the US at greatly reduced prices- until they have repaid the US taxpayer for the total $520 Billion we have spent there (which increases at a rate of $2.3 Billion a week- while the entire Iraqi budget last year was only $12 Billion- much of which they didn't spend, because GW just kept giving them US taxpayer dollars instead :shock:

)
What does tax breaks or subsidies have to do with the price of oil on the open market? How would cutting these things to the Oil companies help lower the price of crude oil?
And if you are talking about alternative sources should not that have started say 15 years ago, or maybe 30 years ago? Why all of a sudden is it GW's fault that the American people have abused the oil source with our Hummers, SUV's and over sized cars. And now when other countries are becoming industrialized like China and India now we complain that prices have went up.
I do not agree that ethanol is the answer to the oil problem, but under Bush's presidency there has been more done to develop alternative fuel than under any other presidency.
How does Bush control the free market of Crude oil? Is it Bush fault that China and India are buying oil more, is it Bush fault that the population of the world is growing and so would the demand for its natural resources?
Go back 7 years in time and play President and give some specific answers that you would have done to keep crude oil from reaching record prices of today??????? If you are going to criticize you must have the answers!