83 comments on Rita Old Comment Thread 1 (Rita graphic now moved up closer to the top)
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83 comments on Rita Old Comment Thread 1 (Rita graphic now moved up closer to the top)
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(not to be too genral but) knowing the republicans they will probably use the huricanes as justification to drill in alaska and import more oil.
Keep in mind that oil is money and money is power and the USA wants all the power so the USA wants to use the middle east oil (before is uses its own coal or alaskan oil) to continue geopoplitical dominace
I can't wait for the day we find out that the military has been keeping its own SPR
(I know someone will ask what I think expensive gasoline is, so here's my answer: A sustained price above $6/gallon.)
How exactly are we going to subsidize oil prices? We have huge budget deficits, the mess in Iraq, and now the cleanup in New Orleans. Next we will have a cleanup in Texas.
Of course we've seen short term gas tax repeals already. What kills me is that a tax cut in response to a short term supply deficit is not at all likely to actually cut prices. Prices still must rise high enough to curtail consumption; if the state doesn't collect taxes then the refiners and distributors will pocket more of the markup. The best way to get short term prices to drop is to curtail demand - federal and state governments could ban non-emergency employee travel, or could issue employees free bus passes and require them to use the passes at least once a week.
Heck, I'm a patriotic guy. When gas goes over $3/gal I'll happily do my part to reduce demand and ride my bike to work.
So does anyone think we'll see panic buying before Rita hits the coast?
Don't forget things like the Iraq war.. That's an indirect oil subsidy, and if you don't believe it, ask yourself it this war would have happened in a country that had no oil.
getting into the war, who were the most vehement agitators of longest standing? certainly not the inhabitants of israeli american think tanks like PNAC, AEI, JINSA and AIPAC.
i know you are trying to keep focussed, all of you, but this thing is way too big to stick in one box.
and if you start factoring in sea level rise from global warming, overshoot of the natural warming cycle, and a potential sea level rise of 240 feet, you begin to see reasons why israel needs to get started on the greater israel project, now, before peak oil cripples american support for israel.
and nobody in a million years is allowed to ask himself: who benefited from 9/11, who was in position to pull it off, who was in position to promulgate the official conspiracy theory. who was in position to turn the investigations into whitewashes and coverups, and, finally, who called for "a new pearl harbor" in september of 2000 to kick off the program we now see being implemented?
So much for that thought.
Whether on not Hussein posed a real threat I agree that Iraq's oil revenues gave him the capability to follow through and without those revenues he would have been ignored.
At least our troubles in Iraq clearly demonstrate the difficulty of imposing the government of out choice on another nation. Hopefully even if neocon ideology continues to hold sway after the next election the next administration will use or not use our military might with more wisdom. I also hope the American public is wary enough of overseas military adventures that even when our oil supply problem really becomes desperate they will seek solutions within our borders. Better to sacrifice our freedom to drive around the block at will and avoid taking the bus to work than any more of our soldiers' blood. As scary as rationing is to a politician I don't see many of them favoring the blood for oil trade. But perhaps I'm too much of an idealist.