Buckeye State Blog - Oil Prices Drop $22 In a Week, GOP Screams "But We Haven't Started Drilling Yet!!!" - Comments

at the WMD blog

walter66 — Sat, 26 Jul 2008 04:57:54 -0700

I suggested that a more accurate name for the republican sponsered American Energy Act would be Pennies for Americans, Billion$ for the Oil Companies. Matt banned me from the comments.

You got that right

Pelikan — Wed, 23 Jul 2008 21:02:40 -0700

Over the past three weeks, U.S. fuel consumption is down 2.1%. In fact, right now we are at our lowest consumption, nationwide, since Jan. 2007. Posted on this earlier at:

Bloomberg Headline Says it All

Pelikan

www.clipsandcomment.com

Oil Prices Drop $22 In a Week, GOP Screams "But We Haven't Started Drilling Yet!!!"

Nick D — Wed, 23 Jul 2008 18:39:05 -0700

So today, a barrel of light, sweet crude oil settled at $124.44 on the New York Mercantile Exchange, below $125 for the first time since early June and down more than $22 from its peak.

Has there been some mass of drilling in the last two months that has suddenly kicked in and lowered prices? Of course not. What happened was people conserved.

Use Less. Waste Less. Pay Less.

Conservation Works. Now all someone needs to do is convince the GOP, and we can being writing a real energy policy: Conservation Now, Alternative Fuels for the Future.