Best damn thing Bush has done in a while....now give him his due

And watch Congress screw it up.

http://news.yahoo.com/s/ap/20080714/ap_on_go_pr_wh/bush

 

Yup. Nothing like short-term vision to fix a long-term problem.

 

Wow. I didn't realize giving a group more of what it isn't using most of already was a good thing.

I'm yawning at the statement.

 

So?

It'll be 5 to 7 years before one drop of oil gets to the pump. And while oil prices are so sky-high, why would oil interests do anything to drop prices by increasing supply?

 

Pete, I ask this question in all sincerity: What are the long-term fixes available right now?

 

Yep, the same old, same old from Dubya.

 

And in 5-7 years that will be bad how?

 

That's the absolute best-case scenario. Even then, the affect will be to lower gas prices by less than quarter, and that's living in near-fantasy land.

I'm constantly amazed at how easily people are misled.

 

Damn. I thought this would be about his resignation.

 

Yep. Most stories I've seen said more like eight to 10, realistically.

 

I agree. There are none now, but give the oil companies, or anyone else, the tax benefits, cash, whatever, toward research to find one, while we keep gas prices high and curb the use of oil.

 

Because it won't matter. None of this will help.

Let's say we increase our oil production by 5%, which would be massive. What's to stop OPEC from saying, "Oh hey, that's nice. By the way, we just dropped our production by 5% to offset your incresase." Nothing.

THERE IS NO ANSWER TO THE GAS SITUATION. PRICES WILL NEVER GO DOWN!

Accept it.