Thursday, June 19, 2008

The Bush/Cheney Oil Flim-Flam




You have to hand it to Bush and Cheney. They do not quit.

Just as they seized upon the September 11 attacks to throw taxpayers' money to their shady buddies in the "defense" industry (read: Halliburton, Blackwater), they're trying to use the oil price shock as a way to set up their buddies in the oil business.

It's worrisome, because right now polls show that Americans are so upset about gas prices that they want more drilling. Once again it's a battle of emotion versus facts, and in the Bush Administration, emotion wins every time. My hope is that since they've screwed up everything else so badly, people will see them as crying "Wolf" once again, and they're going to get nowhere with this. That's my hope.

Meanwhile Senator McCain, the "man of principles", the "maverick", who opposed turning the Arctic National Wildlife Refuge over to the oil companies before he was for it, has signed on to the Bush/Cheney giveaway. What a leader! What strength of character!

Each day I log onto Sempringham.net, I look wistfully at the countdown clock. Today it's reading 214 days -- and excruciating days they will be.

Well, it's time to arm yourself for battle. I highly recommend today's NY Times editorial, The Big Pander to Big Oil. It suggests that the United States, "a country that consumes one-quarter of the world’s oil supply but owns only 3 percent of its reserves", might not be able drill its way to lower gas prices.

I've also found (thanks, Paul Krugman) a very interesting blog called The Oil Drum. If you're interested in the issue of peak oil, this is a good place to go. But even if you're not, I recommend you take a look at this graph they've prepared on world cement production. Amazing.


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