WAKE UP AMERICA BEFORE IT IS TOO LATE!
We have seen a generation go by without an U.S. Energy Policy. We should have had one back in the 1970's. Why has Congress and each succeeding Administration not implemented an energy policy? Who benefits by the U.S. not having an energy policy? We know who suffers, i.e., the U.S. Citizen. Is this a conspiracy to benefit a group of people? Is it a Congressional paralysis? Is it possible that each and every Administration since the 1970's has suffered a paralysis of analysis? Is Congress getting orders from the International bankers not to pass an Energy Policy? Who or what is preventing the Congress from generating something as important as an Energy Policy without which the welfare of the U.S. is being adversely affected? What is really going on? It seems to me that it is not Rocket Science to generate an Energy policy. It has been 40 years in the non-making. Congress should have been able to generate at least 20 Energy policies during that time. What is keeping them from doing their job?
In listening to the Democrats drill the oil executives (not drilling for oil but drilling the oil executives) on CSPAN one of them made the comment that we should spread the suffering wherein one of oil executives replied that we should increase the prosperity instead. Bravo for him!
With no Energy policy we do not know who benefits but we surely know who is suffering with high gas prices at the pump.
Raising the taxes on oil companies will ultimately prevent them for competing on the world market with foreign oil companies who pay less taxes. This ultimately will result in higher gas prices and increased U.S. unemployment. But I get the distinct impression that the Democrats and possibly some of the Republicans don't really care if we pay higher prices at the pump.
Who gets the lions share of the oil revenue? Would you believe the Federal and State governments get 50% of the revenue.
In this drilling of the oil executives there was no reference made to cutting spending. Just give us more money so we can spend more seemed to be the underlying theme of the Democrats.
The oil executives have indicated that the numbers show that if they were allowed to drill more here in the U.S (lifting the current restrictions on retreving oil) the revenue that Congress is seeking would be forthcoming, in fact, upwards to One Trillion dollars. So the question is why are they tying the hands of the oil companies from retreving oil here in the USA? Again, who benefits by not allowing drilling? So the democrats are basicly of the opinion that it is ok for the people to pay higher prices at the pump as long as the government gets the lion share of the revenue and the oil companies can survive on a limited profit basis. It is my understanding that the oil companies make approximately 6 cents on a gallon of gas and the combined Federal and States revenue intake is approximately 50 percent of a gallon of gas. Correct me if I am wrong! That would be current approximately $2.00 per gallon at the current $4.00 per gallon of gas. They don't want the oil companies to go out of business...no ...no....they just want more for their spending sprees.
Again the question arises WHO BENEFITS BY THE U.S. NOT HAVING AN ENERGY POLICY?
WAKE UP AMERICA BEFORE IT IS TOO LATE!
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