"A wise and frugal government which shall restrain men
from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government."
(Thomas Jefferson)


Saturday, June 19, 2010

Fill Up While You Can -- Harvard study says Obama seeks $7a gallon gas

No Congressman in their right mind would vote for the current version of Cap and Trade which was written with the help of BP -- same BP responsible for the catastrophe in the Gulf.

Anadarko Petroleum Corp who is a partner in the BP Deepwater Horizon well has brought to light the fact that BP used a cheaper and less safe drilling procedure on this well. It looks like it was a prescription for disaster which is exactly what happened. From Fox News:

Anadarko Petroleum Corp., which owns a quarter of BP PLC's blown-out oil well in the Gulf of Mexico, late Friday blasted BP "reckless decisions and actions" that led to the well's explosion.

In recent years, oil giant BP PLC used a well design that has been called "risky" by Congressional investigators in more than one out of three of its deepwater wells in the Gulf of Mexico, significantly more often than most peers, a Wall Street Journal analysis of federal data shows.

"The mounting evidence clearly demonstrates that this tragedy was preventable and the direct result of BP's reckless decisions and actions," said Hackett in the statement. "We recognize that ultimately we have obligations under federal law related to the oil spill, but will look to BP to continue to pay all legitimate claims as they have repeatedly stated that they will do."

The design was used on the well that exploded in the Gulf of Mexico on April 20, killing 11 workers and causing America's worst offshore oil spill. The only other major well design, which is more expensive, includes more safeguards against a natural-gas blowout of the kind that destroyed the Deepwater Horizon.

A Wall Street Journal analysis of records provided by the U.S. Minerals Management Service shows that BP used the less costly design—called "long string"—on 35 percent of its deepwater wells since July 2003, the earliest date the well-design data were available. Anadarko used it on 42 percent of its deepwater Gulf wells, though it says it doesn't do so in wells of the type drilled by BP.

Excerpt: Read more at Fox News
With evidence mounting that BP was negligent in their design for drilling of this well, why would we want any part of the Obama Cap and Trade bill? It is obvious Obama has been close with BP until this disaster and only after weeks of oil spilling into the Gulf realized it was too getting 'too hot' to be a close ally of BP so Obama started trashing BP. Who would benefit at $7 a gallon? Certainly not the American consumer but BP would be sitting on billions of dollars.

This study from Harvard should send chills through the American consumers that this President doesn't have a clue about transportation outside the major metropolitan areas. Try and get public transportation where I live -- would have to walk blocks to get to a bus -- probably over a mile. How would we get to Tulsa from Oklahoma City?

Middle America is not Chicago or New York City or Hawaii -- we have little public transportation so any rise in gas prices hurts consumers a lot. That's the problem with this President as Obama has never lived anywhere but in in cities with mass transportation to get around. You can live in Chicago without a car but try living in Oklahoma, Texas, or any other state west of the East Coast outside a major city without a car and you find you have trouble getting to a grocery. That doesn't even take into account getting to work. That is one reason why this Administration is so out of touch with most Americans on cap and trade as most of the advisors surrounding Obama also come from Chicago which has public transportation unlike the rest of us in Middle America.

Doesn't seem to bother Obama to have us spend $7 a gallon. It will make his friends like BP rich while bankrupting the people of the country and changing our way of life. In the large Obama picture, Middle America doesn't exist.

Obama continues to fly around on Government transportation with his latest trip to Ohio for a 12-minute speech costing over $500,000. That is gross mismanagement of resources available to the President. Obama uses Air Force One like a taxi service taking him to his short speeches and back to DC. Cost means nothing to him as he is "entitled" to do what he wants since he was elected President. It is the rest of us who have to pay the price for his inexperience and incompetence.

The trip Columbus probably cost taxpayers between $500,000 and $1 million.

Air Force One alone bills out at $100,000 per hour, and the round trip is nearly two hours. Adding to the cost are military aircraft to carry limos and secret service vehicles, Marine One on standby, Secret Service, local police and other factors.

Source: CBS News
Cap and Trade in the Senate needs soundly defeated and those Senators voting for it who are up for election in 2010 need defeated and sent to the unemployment line. EPA regulations have been hurting the economy for years and last thing we need is their involvement in a Cap and Trade bill written with the help of BP that could lead to $7 a gallon gas.

Harvard study says Obama seeks $7 a gallon gas

By Mark Kleis

As the disaster in the Gulf of Mexico worsens daily, talk is increasing concerning the need to address “global warming,” despite the obvious disconnect between the required solutions for the two problems.

The Harvard Study, as discussed in the New York Post, points to White House Chief of Staff Rahm Emanual’s well known quote in which he suggests, “You never want a serious crisis to go to waste – and what I mean by that is it’s an opportunity to do things that you think you could not do before.”

The New York Post is referring to the resurgence of the cap-and-trade bill which was introduced last year, and found to be very unpopular with the American people who did not take kindly to the idea of drastically increased costs of fuel and electricity. When the original cap-and-trade bill failed to gain traction, the Obama administration then began to push the benefits from the bill by labeling it as a “green jobs” bill.

The green jobs push proved to be equally unpopular, as Americans took notice of the extreme failure of similar initiatives in Spain, which required an average of $774,000 in government subsidies for each green job position created. The bill would also target the clean coal, oil and natural gas production within the U.S. – further damaging the economy and reducing jobs.

Gulf spill reignites fire behind cap-and-tradeWith the massive negative publicity surrounding the current disaster taking place in the Gulf as a result of an oil rig explosion, the Obama administration is yet again hoping to re-open talks of passing a cap-and-trade bill. Obama believes that cap-and-trade would help to avoid future oil spills by pushing people away from using oil due to the dramatically increased costs through new taxes.

The Harvard Kennedy School’s Belfer Center for Science and International Affairs suggested that it “may require gas prices greater than $7 a gallon by 2020″ in order to meet Obama’s proposed goal of reducing emissions by 14 percent in the transportation sector.

Source: Left Lane News

No comments: