Wednesday, December 30, 2009

What do you think of Pelosi asking Bush to temporarily stop stockpiling oil?

http://news.yahoo.com/s/nm/20080424/pl_nm/usa_congress_spr_dc


Will it help gas prices?What do you think of Pelosi asking Bush to temporarily stop stockpiling oil?
It's her response to Republicans calling her to task for her remarks in 2006 about reducing the price of gas should the Democrats get elected. For those of you keeping score, the Democrats did get elected, and the wars in Iraq and Aghanistan are still in full swing, gas is up by a dollar, and the economy is falling apart.





I think it's not a bad proposal, but not the most serious one to be considered. She also promised to remove subsidies for oil companies, I guess maybe now she realizes that these subsidies contribute to our prices being so low compared to other countries.What do you think of Pelosi asking Bush to temporarily stop stockpiling oil?
Great idea! Makes much more sense than suspending the gas tax.


Clinton did this in the late 90s to keep prices down. It worked then and will work now
Incredibly shortsighted and stupid. Those stockpiles are key to allowing the federal government leeway in operations such as the war, the economy etc. Even if all the oil we had was sent to the pump and none stockpiled, the drop in price would be only temporary.
It shows how short sighted she really is and proves that she is over her head in her position.





Having no oil reserves makes us totally vulnerable to spot changes in the world market and at the complete disposal of foreign entities should they decide to reduce output.

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