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US Senate Republicans Have A Better Idea (Than Dropping The Gas Tax)

by John Laumer, Philadelphia on 05. 6.08
Business & Politics

lakeviewgusherb.jpgJust in time for summer driving: real gusher of a US Senate Bill has come up. Why didn't anyone think of this sooner?

The American Energy Production Act, introduced today by Senator Domenici and Senate Republicans, will address America’s soaring gas prices by focusing on common sense measures that will increase production of oil and gas in America.
What sort of solutions are proposed? Drilling in "Atlantic and Pacific regions of the Outer Continental Shelf." Biggest innovation yet: "competitive oil and gas leasing program for the Arctic National Wildlife Refuge Coastal Plain." Free drilling permits all around. And, stop that site-specific environmental permitting thing that EPA does - because that's no doubt what's been preventing the oil majors from building new refineries. Oh, and, stop filling the strategic petroleum reserve (no more hurricanes allowed). There's also a mandate for coal to liquids production. But they save the best stuff for last...

Because our military needs fuel from Alberta Crude.

Repeals Section 526 of the Energy Independence and Security Act of 2007, which prohibits federal agencies from procuring alternative fuels with lifecycle greenhouse gas emissions greater than those associated with conventional fuels that they replace. This provision could threaten the ability of our military to reduce its reliance on foreign sources of oil.

Via::Summary of the American Energy Production Act S. 2958, US Senate Energy and Natural Resources Comittee Image credit:Bakersfield.com, Lakeview Gusher, 1910

Comments (14)

Gas - maybe it really is going out of style ... look how it's being used.

vsk

jump to top vsk says:

wow...so we americans feel it is our natural right to have cheap oil and gas?

jump to top glenn says:

When the Armerican public gets tired of the Goverment stuffing their personal funds and pockets, they will stand up and declare enough is enough.
We have allowed the BIG companies to take Americans freedom and monies. They are selling up out for greed and selfish gain.
Americans had better wake up are we will not be a free nation any longer. The goverment will tell us, as they already are doing, how to live, where to live, and how we are to spend our monies. WE are destroying this world with the polutions, politics and govrerment spending. The outside nations are just sitting back and waiting for this country to fold so they can buy us out. ARE THEY ALREADY DOING THAT? I THINK YES!!!!!

jump to top Brenda says:

"wow...so we americans feel it is our natural right to have cheap oil and gas?"

...duh, it's in the bill of rights.

jump to top Travg [TypeKey Profile Page] says:

I always enjoy the Simpson's television show where the town Mayor Quimby always influences the city voters with such an asinine scheme, and they willingly (overwhelmingly) go along with it, usually for some stupid reason... either way it's funny on TV

...and then there is the US govt, making a fictional cartoon Mayor seem intelligent.

...and the voters who, for whatever reason, vote the same inept members back year after year.

Art imitating life, or the other way around. Either way I'm not laughing.

Cheers,
tom-tom

jump to top tom-tom says:

More of the same. It's all a red herring. None of the measures specified will come to fruition on a time scale that will impact the retail market at all. This measure is is simply an attempt to protect the profit-quo of the industry for the next couple of decades. On top of being inadequate, it's a lazy man's bandaid. And they dare to couch the argument in terms of national security. In the long term, that is what this plan most surely sacrifices.

Let's hope the dems stay off this bandwagon.

"I gave up my dreams of conquest when I realized that all I would ever have to show for it was the world..."

jump to top John says:

What a solution ...

Now that oil is unsustainable, lets destroy the planet getting the last drops ... why worry about the next generation?

If the same investment needed to develop arctic wilderness oil were instead put into 'green' and renewable energy the payback would be slower, but many many times greater.

jump to top John Taylor [TypeKey Profile Page] says:

Simple mathematics shows that these "huge" oil deposits found in places like Alaska and elsewhere across the world wouldn't even last a year at our rates of consumption.

Clearly it's not the answer. I thought these guys (and gals) had degrees? Clearly not in math.

jump to top Tony says:

Here in Finland we pay $8.35 per gallon.

YOU HAVE NO RIGHT TO COMPLAIN.

jump to top R N says:

This has nothing to do with actual laws, now or in the future, and everything to do with the November elections. They want simple proposals that make good headlines, substance is not a factor because it won't be reported.

You have the party in the majority favored to win, but they are already perceived as incompetent. This forces Pelosi to block a vote on it and the story is 'Dems block cheaper US oil'. Republicans are going for a repeat of the 1948 Do-Nothing Congress, when they blew a huge lead in the polls. Remember Truman with the Dewey Wins newspaper.

Thousands of bills are submitted every year by congressmen and only a few dozen are passed. People need to calm down.

jump to top Matt says:

RN:
First, I saw no post before yours that brought up price per gallon at all, much less complained about it. Second, there in Finland your whole country is just over 700 miles long. Our east coast is more than twice that, and our breadth over 4 times. To try and have a tu quoque argument between any EU country and the US is kind of moot. Of course we use more, waste more, pollute more, et al.
Our contributions to the problem dwarf pretty much everybody else's, with a few notable exceptions, and our consumption habits are counterproductive. Part of that issue is that we've been THE bulk buyer in the world, and bulk breeds discount. If the EU conglomerated the oil markets of member countries and purchased centrally, they'd probably see a price drop. Then again, you do love that Russian crude, and once they saw you getting together they'd probably milk it.
In terms of Anwar, I think the consensus is that it's best not to tempt a fat kid with an ice cream cone when the goal is to slim down. Not only won't it help, but if it could we shouldn't want that kind of help.
I hope we're done with oil before it's gone. It would be great to leave some where it is.

jump to top John says:

Many other countries around the world already spend much more on fuel than we do. Our cheap gas priorities.. meant that we created a gas guzzling society. I think expensive gas will get us all thinking a little harder about how we lay out our cities, and use up our resources.

Isn't necessity the mother of invention?

Perhaps we ought to double the gas prices...use the extra money for research. (I know someone's going to hurt me for that one)

jump to top mkbier says:

Dear John! I appreciate Your interest in global issues, You made Your homework before replying. I was not replying to any of the comments, just merely pointing out the fact that people in US are making a huge íssue about gasoline price.. It kinda goes hand-in-hand with the comment "so we americans feel it is our natural right to have cheap oil and gas?"

I'd like to direct TH readers to take a peek at Finnish taxes on energy, I think we are on a right track here?

http://www.environment.fi/default.asp?contentid=147208&lan=en

I am not a member of Environmental or Tax administration.

jump to top R N says:

America will, as usual, solve the problem with technology in the long term and the world will be a better place.

In the short term, oil producing countries are simply not pumping oil near capacity (read 'they are holding back'). This is, alas, a game ... and those with the drilling capacity are in control.

China and India thirst for oil continues to climb exponentially.

Result: RIDICULOUSLY HIGH GAS PRICES

America could be off oil dependence in 10 years if we just had the guts to make it happen. We have the guts, but until gas rises further, the pace of solutions will also be slow.

jump to top Joe says:

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