I was reading a news story on myway.com this morning, and I've got to unleash my thoughts on the entire debacle of Congress whining about the oil companies high profits.
"On April Fool's Day, the biggest joke of all is being played on American families by Big Oil," Rep. Edward Markey, D-Mass.
No, Mr. Markey, the biggest joke of all being played on American Families is the insanity of us not drilling for our own oil and building new refineries.
What would bring lower prices? asked Rep. James Sensenbrenner of Wisconsin, the committee's ranking Republican, "We need access to all kinds of energy supply," replied Robert Malone, chairman of BP America, adding that 85 percent of the country's coastal waters are off limits to drilling.
I've been saying this for how long now? The demand is higher than the supply. Where are the new refineries to keep up with (1) the ever rising demand, and (2) the 20(?) formulations of gasoline mandated by the government? Oh wait, the environmentalists don't want us to drill for oil and construct new refineries. We're all just supposed to sit around and watch ourselves basically bleed to death as a nation instead.
Isn't China drilling off Florida's coast? By the way, where are the environmentalists on that? Don't hand me the "international waters" crap either, it never stopped organizations like Greenpeace in the past.
But Markey wanted to know why the companies aren't investing more in energy projects other than oil and gas - or giving up some tax breaks so the money could be directed to promote renewable fuels and conservation and take pressure off oil and gas supplies.
Hey Mr, Markey, how about the insane amount of taxes the federal and state governments tack onto the price of a gallon of gasoline? We don't hear a whimper emanating from you about that do we? And what member of your political party wants to impose a 50 cent tax on each gallon of gasoline, Mr. Markey? What do you have to say about that? *crickets chirping*
"These companies are defending billions of federal subsidies ... while reaping over a hundred billion dollars in profits in just the last year alone," he said. The companies are reaping "a windfall of revenue" while poor people have to choose between heating and eating because of high energy prices.
Mr. Markey, you sir, are a moonbat. Don't blame the oil companies for the high prices at the pump. It's the fault of those who cater to the demands of the environmentalists. We need to drill for our own oil - what part of that can you not understand? Not drilling for our own oil is absolute madness. While the alternative sources look promising, they won't be ready for prime time for years to come; right now, we need oil. Mr. Markey and the environmentalists need to get over the fact that oil is where it's at. We *need* to start drilling for oil. We *need* to construct new refineries. We *need* an infrastructure which is capable of keeping up with the demands of not only today, but tomorrow. How in the hell do you call not drilling for our own oil "progress?" How in the hell do you call not building new refineries to keep up with the ever growing demand "progress?"
By the way, the environmentalists are now seeking to put the polar bear on the endangered species list. Why? They want to use the polar bear as an excuse to keep us from drilling for our own oil because of global warming climate change, it's that simple. The hell with this global warming climate change bullshit already; I am sick of it.
And finally, I'd like to know if Rep. Edward Markey and the environmentalists would be whining about oil company profits if they held stock in Exxon (I am using Exxon as an example). I'm sure there wouldn't be a peep spewing from any of them if they knew those dividend checks were arriving in the mail. See, the term oil "company" is just that...a "company." A company with share holders. Get it?
Damn that evil capitalism again!