Aug 02 2008

Doesn't He Get It?

Published by at 10:18 pm under Energy Policy,Thoughts

President Bush has used his weekly radio address today to, once again, slam Congressional Democrats and tout the need for opening up the coasts of America to offshore oil drilling.

To reduce pressure on prices, we need to increase the supply of oil, especially oil produced here at home

Bush, George, W., Weekly Radio Address, August 2, 2008 as quoted in “Bush pushes offshore drilling
“, MSNBC.

Interestingly, he acknowledged that it would be years before any of the oil found offshore could be pumped and made available to the market. So, in essence, he’s admitting that opening up offshore oil leases will do NOTHING to alleviate the situation today. But, and here’s the rub, he gives us a little insight into his reasoning for pushing this idea so vehemently:

lifting the ban would create new opportunities for American workers and businessmen

Bush, George, W., Weekly Radio Address, August 2, 2008 as quoted in “Bush pushes offshore drilling
“, MSNBC.

Now we have the truth — which we’ve really known all along. It’s not about oil prices at all…rather it’s about making his buddies in the oil business more money regardless of the environmental impact. Who cares if a little oil spills here and there and kills some fishes or coral reefs…at least his friends in Exxon-Mobile and Conoco-Phillips will make more money and their companies will make more obscense profits at the expense of the American economy and environment.

Fact is, President Bush is a one-trick pony. And just like he’s managed to put us into this mess, now he wants Congress to give him a shovel to dig even deeper. In fact, energy experts and the government’s own research agency at the Energy Dpartment have said that drilling in the Outer Continental Shelf would have no impact on current gasoline prices and probably would have none for years. (“Bush pushes offshore drilling“, MSNBC, August 2, 2008 ).

But, like the good partisan politician that he is, President Bush wastes no opportunity to blame the Democrats for the problem. Somewhere in Texas a village is missing it’s idiot.

One response so far

One Response to “Doesn't He Get It?”

  1. Rosalieon 28 Sep 2014 at 5:15 pm

    Gov Cuomo (= Gov. frackenstein?) has caelld for MORE study with respect to the wind resources offshore of Long Island, and (perhaps) more study on the ecological/sociological and economic ramifications of wind turbines near NYC/Long Island. This call for more study is just an excus not to do offshore wind in NY State, and especially for Long Island/NYC. The obvious beneficiary of this delay is the natural gas burner electricity generators in the NYC metro region, and those who supply the fracking sourced methane for these gas buners.The wind resources are already sufficiently defined for people to bid on projects. And we already know who the owner of these wind farms should be -NY State (via NYPA, LIPA)- because the borrowing costs of these NY State entities are SO much lower than any private developers can hope to obtain. But no worry, lots of money is available for those who build the turbines and foundations, and those who install these systems, and that’s where the bidding needs to take place.All of the NYC/ Long Island region’s average power requirements ( around 10 GW) can be supplied by offshore wind from the Offshore winds near Long Island. And the is also a huge tidal energy resorce in Long Island Sound worth about 2 GW. Electrical energy storage via compressed air (Hudson River Canyon) and pumped hydro (Catskills, Taconics) is also easily doable. The only problem is the will of the political/financial elites (Goldman Sachs and friends, the ones who call the tune for Gov. Cuomo), who right now think there is more profits for them in short term speculation around natural gas prices, gambling on electricity prices and financing natural gas burners and fracking in the Marcellus and then Utica shales. Not a pretty picture.The question is, will ignorance reign supreme, or will the job creation potntial of offshore wind and tidal merge with the job cation of upstate wind finally yield some positive results. So far, it does not look good for the good guys (wind power), but who knows, maybe the Dark Side (frfacking and friends ) does not always have to win .

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