Here you go fletch. One of your leaders just set the record straight. This should put an end to the discussion.
Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today on the rising gas prices across the country:
“Independent reports confirm that speculators are driving up the cost of oil, hurting consumers and potentially damaging the economic recovery. Wall Street profiteering, not oil shortages, is the cause of the price spike. In fact, U.S. oil production is at its highest level since 2003, and millions of acres have been cleared for additional development.
“We need to take strong action to protect consumers from this speculation. Unfortunately, Republicans have chosen to protect the interests of Wall Street speculators and oil companies instead of the interests of working Americans by obstructing the agencies with the responsibility of enforcing consumer protection laws. They have also repeatedly opposed our efforts to end billions of dollars in outdated taxpayer subsidies for oil companies enjoying record profits.
“We support efforts by the Obama Administration to expand domestic energy resources, including natural gas and renewable sources like wind and solar that create jobs in America and will end our dangerous dependence on foreign energy supplies. This can be achieved because today, the United States currently has more oil and gas rigs at work than the rest of the world combined, and imports of foreign oil have decreased.
“We call on the Republican leadership to act on behalf of American consumers and join our efforts to crack down on speculators who care more about their profits than the price at the pump even if these spikes harm the American consumer and our economy.”
Blah, blah, blah. OOH RAH!
Pat said he is lying because thats what the liberals did when his boy was in office. You remember your mother telling you two wrongs dont make a right? I do. As far as Pelosi, yhea, what can you say... typical elected official who has no real skill other then appeasing to people to gain political office. Truly, that is the scum of the earth and a scourge on our whole system. We do agree on some things Dave, not all hope is lost.
Whats this bitch fails to realize is that the supply for oil is basically humming at full capacity. There is no major discoveries to be had that will change the landscape globally anymore. Any more demand then we already have, will only drive up prices.... its not a hard concept really. And those evil "speculators" are people buying stock in oil companies, anyone can do so. And future traders, without them, would we even have a crude market? They are projecting prices based on actual conditions. Total lunacy and just basically a moron this slut is.
