Don’t fall for it.

Lower gas prices is such a lovely thing to imagine.  It’s not going to happen by drilling in the ocean.  This is just a scam to get the American people, by playing off their anger and woes due to high gas prices, to urge congress to lift the ban that Bush has lifted on offshore drilling.  The ONLY people this helps is the oil companies.

The scam is to convince us that as soon as the ban is lifted all of a sudden we’re going to see gas prices start plumeting down, down, down, maybe even faster than it went up.  What they DON’T tell you is that the companies that get the permits and land leases to drill in the ocean are the ones who own the oil. Not the US.  In other words, these internation gas and oil companies who we all know are only interested in making obscene amounts of money want us to give them the ability to make EVEN more money.  These companies aren’t obligated to sell the oil they extract to ONLY the US.  They are international companies who will sell i to the highest bidder.  The oil will also go to places like China, France, and Russia.

Besides all that, assuming they give all the oil to us (which they won’t) we won’t even really see a drop of oil come from those places for almost 10 YEARS!  Even then the change in gas prices will not be drastically changed.  We will only see a relief of pennies of the price per gallon.

This is just one last desperate attempt by Bush and his republican cronies who are in the oil lobbyists pocket to try and give the oil companies one last hoo-rah before Bush leaves office.

For example, the number of oil and gas permits on federal land has doubled over the last 5 years and there has been absolutely no impact on the price of oil .  In fact, as everyone is fully aware of the prices just keep going up and up.  This shows that finding new sources of oil doesn’t really mean squat.

What we need to do instead of focusing on how to get MORE oil is finding ways to get AWAY from oil.  We really don’t need it anymore.  The reality is that oil is a thing of the past and we have PLENTY of sources of alternative energy that we can utilize but companies that rely on profits from oil dont’ want it to happen.  People are also afraid of taking that big step that we need to take in order to make this happen.  It’s understandable though. It’s a new concept that will change our country and the world.

We can run cars off electricity, biodiesel (much different from ethanol), and natural gas.  We can get electricity from wind power, solar power, hydro power.  It may be a very long time before we start to not need oil at all but we need to start to make the change now.

If you think about it, we can’t even get oil out of these places that we are being deceived into believing is the ONLY solution to high gas prices for about 10 years.  By then the little baby steps we’ve been taking towards alternative energies bay be huge steps and oil may start becoming obsolete by then.  We will have felt pretty dumb for letting these companies tear up the land and destroy the ecosystems of the areas they will own permits to.

Here are some articles to read:
Drilling Won’t Dent Gas Prices
The Oil Man Cometh

Here’s some pictures to remind you what’s at stake:

The spots they want to open up to offshore drilling are the same spots where the coral reefs that are already in jeaopardy from climate change and pollution.  Not only does the oil damage the very fragile ecosystem of these areas but even the detergent that is used to clean up the spill is also toxic to the animals and wildlife in the area.


I will try not to get my hopes up, but it would be a miracle!

You always hear that the reason gas is so high is because of supply and demand. But most don’t know that much of it has only to do with traders speculating at possible future events that MAY happen. If the president mentions the POSSIBILITY of going to war traders freak out and start selling their stocks in oil like crazy pushing the cost per barrell through the roof.

But now, congress is considering passing a bill that “limits speculation in the futures market”. It’s about time they got their asses in gear!

Market Watch

WASHINGTON (MarketWatch) — The price of retail gasoline could fall by half, to around $2 a gallon, within 30 days of passage of a law to limit speculation in energy-futures markets, four energy analysts told Congress on Monday.
Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135.
Fadel Gheit of Oppenheimer & Co., Edward Krapels of Energy Security Analysis and Roger Diwan of PFC Energy Consultants agreed with Masters’ assessment at a hearing on proposed legislation to limit speculation in futures markets.
Krapels said that it wouldn’t even take 30 days to drive prices lower, as fund managers quickly liquidated their positions in futures markets.
“Record oil prices are inflated by speculation and not justified by market fundamentals,” according to Gheit. “Based on supply and demand fundamentals, crude-oil prices should not be above $60 per barrel.”