Pelosi’s bitter words on energy are catching up with her

[megimoo]

 Sure, San Fran Nan’s floundering around begging President Bush to release oil from the strategic oil reserve–anything but drilling any new wells, anywhere, I guess–but back in April 2006 she was blaming that darn Republican congress for these high prices:

With skyrocketing gas prices, it is clear that the American people can no longer afford the Republican Rubber Stamp Congress and its failure to stand up to Republican big oil and gas company cronies. Americans this week are paying $2.91 a gallon on average for regular gasoline – 33 cents higher than last month, and double the price than when President Bush first came to office.

“With record gas prices, record CEO pay packages, and record oil company profits, Speaker Hastert and the Majority Congress continue to give the American people empty rhetoric rather than join Democrats who are working to lower gas prices now.
So coming up on eighteen months of a Democratic majority in both houses, how are we doing? Let’s take a look at those gas prices, using a little chart-making tool at Gasbuddy:

http://michellemalkin.com/2008/07/09/pelosis-bitter-words-on-energy-are-catching-up-with-her/

Nancy Pelosi’s latest gaseous emission

Pelosi is demanding that President Bush release oil from the Strategic Petroleum Reserve. Gotta do something about those bottom-of-the-barrel congressional approval numbers. Via The Hill:

House Speaker Nancy Pelosi is calling on President Bush to release oil from the Strategic Petroleum Reserve in order to bring down prices.

Pelosi (D-Calif.) announced to Democratic leaders Tuesday night that she has written a letter to President Bush, urging him to release a “small” amount of oil from the government stockpile to increase supply and decrease prices, a leadership aide said.

In the letter, Pelosi said the price of a barrel of oil has risen nearly five-fold during Bush’s tenure and called the effects “devastating.”

“These are the kind of circumstances, in addition to national security, in which utilization of the Strategic Petroleum Reserve is more than justified,” Pelosi wrote in the letter, dated Tuesday.

The reserve comprises a series of Gulf Coast salt caverns that house the largest emergency oil stockpile in the world. It currently holds 706 million barrels, about 97 percent of the reserve’s 727 million barrel capacity. That’s the most the reserve has ever held and would replace foreign supplies for about 58 days.

snip
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Wonder if she knows the price of gas yet.

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The GOP response from John Boehner’s office:

WASHINGTON, D.C. – House Republican Leader John Boehner (R-OH) today released the following statement on House Speaker Nancy Pelosi’s (D-CA) call for President Bush to release supplies from the Strategic Petroleum Reserve:

“With her call for President Bush to release supplies from the Strategic Petroleum Reserve, the Speaker is admitting yet again that increasing the supply of oil will help reduce the price of gasoline. I agree that more supply is necessary, and so do my House Republican colleagues who have been arguing for decades in favor of more American energy production. The fact is, the American people expect and deserve far more than what Speaker Pelosi is proposing. House Republicans stand ready to work across the aisle on a real solution to our energy crisis: an ‘all of the above’ plan that increases production of American energy, encourages conservation, and promotes alternative fuels.

“Until the Speaker and her colleagues in the liberal Democratic leadership of Congress unlock our nation’s vast natural energy resources, consumers will continue to see skyrocketing prices at the pump. Gas prices have soared 75 percent on the Democrats’ watch, and the American people are fed up with their endless excuses. Families and small businesses are paying historic prices thanks to more than three decades of Democratic opposition to American energy production – all to protect the interests of their environmental extremist allies. In poll after poll, Americans are saying ‘enough is enough’ and demanding more production of American energy. Today’s proposal by Speaker Pelosi is another acknowledgment that we must do more to increase our energy supply, and House Republicans will continue pushing Democratic leaders to act on real reforms on behalf of the American people.”
Posted in: Enviro-nitwits, Nancy Pelosi

http://michellemalkin.com/2008/07/08/nancy-pelosis-latest-gaseous-emission/

[Peter3_1]

Let me see, ANWAR Oen, 1,000,000 bbls a day, price goes down in 10 years a few cents per galon, open the stratigic reserves for a few months an d 70,000 bbls a day makes all the difference? Either they are insane or they think we are.

Fact is sincere jawboning dropped the price of crude $6+ a bbl in TWO DAYS! Here's  a thought, let's follow through and develope this oil and see what actually happens!

[Tess Anderson]

This is just a matter of Nan wanted to show "leadership" on an issue, since she doesn't even want to think about drilling for oil anywhere in the United States or off-shore.

I doubt she does have a grasp on the "reality" of the high gasoline situation - she is a San Francisco limousine liberal, after all - all she ever cared about was getting a good private plane to fly around in. I do think the ppb on the futures market is very psychologically-based - if they think the supply of domestic oil will increase, that's enough to make it actually drop for right now.

The price at the pump has gone through the roof, especially after the Democrats took control of Congress - they have given the GOP a winning issue, finally. Populism (excplore, drill) v. elitism (global warming), the former wins.

[Peter3_1]

They now say "climate change", but then do not define what they mean by "climate".  If you mean the last three million years, the "climate" has swung between to states with exceptionally little variation between periods of glaciatiuon and interglacial.  If you mead between the Younger Dryas and now, well, the climate isa much warmer, if you measure over 1000 years ago, it is a little cooler, if you measure over 200 years, it is a little warmer.

But we have an economy based on fossil fuels, and there is only ONE power source that makes sense to substitute for fossil fuels, and that's nuclear.  We need oil-coal-methane-shale oil    to run cars and trucks during the conversion period. Despite what the nutbar gore says, solar /wind/ bio. just ain'tr gonna fire an electric blast furnace anytime soon. 

[Bluesuiter-Retired]

They could turn over the entire SPR to be refined and it wouldn't have an impact since there is no excess refining capacity.

The newest oil refinery is 30 years old.

What needs to happen is that no less than 12 brand new state of the art refineries with double the capacity of the largest refinery in operation should be built NOW.

[Peter3_1]

Indeed, that is a fact BSR, but nuclear (modular units could be on within the year, if we REALLY try) can REDUCE the necessity for power companies to used refined petroleum. Plus community fuel cells could derive their hydrogen working fluid from nuclear, the "Tesla" car could recharge from nuclear as could other electric vehicles lessening demand for refined products.

Lessening the demand for refined product will take a little strain off capacity AND possibly make it so we can tell little Hugo to sell his oil to his new Chinese friends.

[miskie]

Let me see, ANWAR Oen, 1,000,000 bbls a day, price goes down in 10 years a few cents per galon, open the stratigic reserves for a few months an d 70,000 bbls a day makes all the difference? Either they are insane or they think we are.

Fact is sincere jawboning dropped the price of crude $6+ a bbl in TWO DAYS! Here's  a thought, let's follow through and develope this oil and see what actually happens!

My position for some time is all it will take is the threat of American energy independence to make the oil-exporters do everything in their power from it ever becoming a reality. Including flooding the market.

The fact is, most of the oil nations have nothing to offer the world but oil. Once that market collapses, so do they.

 Its amazing how prices fell right after The President started pushing for drilling.. The longer this stays on top of the news, the further prices will fall, until the Dems think they have enough leverage to say "see, it wasn't needed at all ! " and deny any new drilling. Then prices will start to creep up again.

[NHSparky]

She speaks these words, then hops on her 1300 gallon per hour C32 (reconfigured 757) to fly back to her district which has the highest gas prices in the nation (currently at $4.58/gallon) and tells the "little people" there's nothing to be done.

What an elitest tool.

Here Nancy, I got something you and Barack can "cling to"...

[Peter3_1]

miskie, BINGO! We must follow up and complete what we say! We MUST get back our energy independence! We CAN DO this and we must do this even if it involves tax credits to the "hated and reviled " oil companies.

We are at war with terrorism and islamofascism choses war with us. OIL MONEY is how they fund themselves, and it is stupid to give them any.

[DixieBelle]

A must read -
http://www.cnn.com/2008/US/04/24/beck.oil.prices/index.html

[Peter3_1]

Yes, as I've written over and over for years, synthetic fuels are part of the solution. It can be made from any sourCe of methane (CH4) using zeolites

http://www.freshpatents.com/Process-for-methane-conversion-dt20071025ptan20070249879.php

a preocess first developed in Germany to change coal derived methane to gas and diesel.

As we have nearly limitless supplies of methane,

http://www.killerinourmidst.com/methane%20and%20MHs2.html

between 5000 and 20000 BILLION METRIC TONNES, we can make synthetic fuels for a v ery long time.

[BlueStateSaint]

They could turn over the entire SPR to be refined and it wouldn't have an impact since there is no excess refining capacity.

The newest oil refinery is 30 years old.

What needs to happen is that no less than 12 brand new state of the art refineries with double the capacity of the largest refinery in operation should be built NOW.

About three weeks ago, the voters of Union County in South Dakota approved the construction of a new refinery, to refine the equivalent of 400,000 barrels a day of oil, from the Canadian oil sands.  400,000 barrels a day . . . how many gallons in a barrel?  Is it 34, 55, or somewhere in between?

[Chris_]

They could turn over the entire SPR to be refined and it wouldn't have an impact since there is no excess refining capacity.

The newest oil refinery is 30 years old.

What needs to happen is that no less than 12 brand new state of the art refineries with double the capacity of the largest refinery in operation should be built NOW.

About three weeks ago, the voters of Union County in South Dakota approved the construction of a new refinery, to refine the equivalent of 400,000 barrels a day of oil, from the Canadian oil sands.  400,000 barrels a day . . . how many gallons in a barrel?  Is it 34, 55, or somewhere in between?

I think it's still 42.  Standard Oil manufactured their own barrels, and they were 42 gallons.  It seems to have stuck.

[Peter3_1]

42 gal per oil bbl, has to do with the early days when oil was shipped in bbls  in the ship's holds to England and Europe. Anyway, it worked out that small bbls were used 42 not 50 or 55, and been that way ever since.