gimini210's Blog

Now I know congress, at least the democrats, keep telling us about the billions the oil companies make on oil, what they did not tell you is what they spent finding it.  According to Ernst & Young, from 1992 to 2006 the U.S. oil industry spent $1.25 trillion on long-term investment vs. profits of $900 billion. Is it any wonder they want to stop drilling in dry holes and start drilling where they can at least find something?

Democrats say use our reserves, then if we go to war without those very reserves and suddenly need them do we wait the 7 to 12 years the same democrats want us to beleive it will take to drill for more to replinish our supplies? It isn't called strategic oil supplies for nothing. What are they thinking?

We have a congress that is letting us down on all fronts. They want us to beleive the oil industry is getting rich off our backs but in reality they are losing money and will not drill any longer where there is little or no oil and they have made it clear they do not want the leases they have and here is congress saying drill where you have the leases or we will take them back. Hey congress, don't you get it? The oil industry doesn't care if you take them. I got it and I am not a college grad.

Then you have Obama saying a gas tax is a gimic to get elected, Hmmmmmm, well guess what, here is Obama's original thought on that:

Obama took a different view on the issue when he was an Illinois legislator, voting at least three times in favor of temporarily lifting the state's 5% sales tax on gasoline. The tax holiday was finally approved during a special session in June 2000, when Illinois motorists were furious that gas prices had just topped $2 a gallon in Chicago. Seems he was for a gas-tax moratorium before he was against it.

Not only was he for it then he wanted his name on the pumps saying he was responsible for it.

So we all sit back and suffer while he and the idiots in congress get tax free gas and we keep paying and our oil sources dry up. Yes we need to use alternatives and we need to explore  and create new means of energy but we also need to save the billions we spend importing oil, and the oil spills from the tankers, and get busy here drilling for our own. Why is it that it is alright for Cuba to explore for oil 45 miles off the FL coast but we can not drill off our own coasts?

We had better wake up and smell the coffee before we are in real trouble.