The Conservative Cave
Current Events => Political Ammunition => Topic started by: DixieBelle on June 11, 2008, 03:38:57 PM
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http://www.powerlineblog.com/archives2/2008/06/020729.php
(http://img359.imageshack.us/img359/1734/gaschart51qy6.jpg) (http://imageshack.us)
(http://img359.imageshack.us/img359/1734/gaschart51qy6.eeca273d66.jpg) (http://g.imageshack.us/g.php?h=359&i=gaschart51qy6.jpg)
Methodology: Retail gasoline prices are the result of literally hundreds of factors including crude oil supply, global demand, refinery capacity, regulation, taxes, weather, the value of the dollar, etc. Therefore it is impossible to say with certainty what one individual action will do to the overall price. However, based on what we know about the impact of crude oil supply and prices it is possible to develop some potential ranges of impact on gasoline prices for certain policy changes. For example, using the methodology employed by Speaker Pelosi and House Democrats that suspending shipments into the Strategic Petroleum Reserve (between 40-77,000 barrels of oil a day) would reduce gas prices by at least 5 cents, bringing ANWR online (at least one million barrels of oil a day) could impact gasoline prices by between 70 cents and $1.60.
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That will now go along with my other favorite image:
(http://i2.photobucket.com/albums/y5/freedumb2003/mogaschartkp6.gif)
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http://www.powerlineblog.com/archives2/2008/06/020729.php
(http://img359.imageshack.us/img359/1734/gaschart51qy6.jpg) (http://imageshack.us)
(http://img359.imageshack.us/img359/1734/gaschart51qy6.eeca273d66.jpg) (http://g.imageshack.us/g.php?h=359&i=gaschart51qy6.jpg)
Methodology: Retail gasoline prices are the result of literally hundreds of factors including crude oil supply, global demand, refinery capacity, regulation, taxes, weather, the value of the dollar, etc. Therefore it is impossible to say with certainty what one individual action will do to the overall price. However, based on what we know about the impact of crude oil supply and prices it is possible to develop some potential ranges of impact on gasoline prices for certain policy changes. For example, using the methodology employed by Speaker Pelosi and House Democrats that suspending shipments into the Strategic Petroleum Reserve (between 40-77,000 barrels of oil a day) would reduce gas prices by at least 5 cents, bringing ANWR online (at least one million barrels of oil a day) could impact gasoline prices by between 70 cents and $1.60.
That would be an awesome campaign ad for every Republican running for office in the Nov. election