Quote:
Originally Posted by BlueHeronFan
Easy enough.
http://moratorium.offshoremarine.org/omsa/
Just the plan to ban causes the prices to go up.
http://voices.washingtonpost.com/pos..._will_ban.html
Sixty percent also believe that gas and oil prices will drop if the government allows offshore drilling, opening up an estimate 14 billion barrels of oil and 55 trillion cubic feet of natural gas
http://washingtonexaminer.com/blogs/...le-he-s-office
and for a final point for a "little analytical support for my allegations".
This is, after all, a White House that has put at the center of its domestic agenda its goal of a "green economy," which hinges on making fossil fuels too expensive for Americans to purchase. In January 2008, candidate Obama told the San Francisco Chronicle that under his cap-and-trade plan, "electricity rates would necessarily skyrocket." Steven Chu, now Secretary of Energy, told this newspaper in the same year: "Somehow, we have to figure out how to boost the price of gasoline to the levels in Europe." That would be, oh, $10 a gallon.
http://online.wsj.com/article/SB1000...820953870.html
Hope this helps your appreciation and expectations. |
I really admire your research on the subject of what is the real cause of the spike in gas prices. I appreciate your research. But I must differ with the your suggestion that these articles in any way explain the relationship of recent bans on offshore drilling to the price of gas...
- Your first citation was from the Offshore Marine Service Association, an offshore drilling lobby group. In it they don't really analyze the eeconomics of the oil-gas pricing formula, but rather exhort their readers to "...join us in the fight to save domestic offshore drilling in the Gulf."
- Your second citation was a news article from The Washington Post wherein some details of the drilling ban are discussed. Pro and con opinions are also presented in the article, pro-ban by environmental groups and anti-ban by the U.S. Chamber of Commerce and conservative members of Congress. Again, no real attempt at analysis of why gas prices have spiked upwards.
- Your third citation is from on online blogger called The Washington Examiner. In it the author says that two thirds of the public thinks that offshore drilling should be resumed and that 60% of them think that gas prices will decline as the result. Not exactly a thorough economic analysis, do you think?
- Your last citation, an article from The Wall Street Journal, describes the efforts of the Obama administration to encourage alternate sources of energy and thier efforts to limit offshore drilling. It's an excellent news piece, but again makes no effort whatsoever to relate the government's activities to the recent increase in the price of gas.
So, Heron, while you provided us all with some citations to read, none of them make any attempt to explain (as I did in my original post) the relationship between reduced offshore drilling and the recent spike in gas prices. Just posting several articles that are related to the question at hand really isn't analytical support for your allegation that it's been the ban on offshore drilling that has caused the price of gas to increase.