High gas prices?! And why do you think that is?

Senators Clinton and Obama, did you both sleep through Economics 101? The only way to reduce gas prices is to reduce demand? No, no, no! The best way to drive the price of gas down is to increase SUPPLY! Neither of your answers addressed our need to reduce our dependence on foreign oil.

Why is it that the last oil refinery in the United States was built in 1976? And why don't we find newer and better oil and gas resources here in our own country?

The United States consumes 20 million barrels of oil a day. The demand for oil will not be going down anytime soon. The Arctic National Wildlife Refuge (ANWR) is known to contain huge oil and gas deposits, but because of environmental lock-up restrictions on oil production on America's offshore Outer Continental Shelf (OCS), we have to import 65% of our oil from foreign sources.

More than 75% of Alaskans favor exploration and production in ANWR, so why not more support from the pinheads in Washington, D.C.?

Only 8% (1.5 million acres) of the northern coast of ANWR is being considered for research & development, and the remaining 92% (17.5 million acres) of ANWR will remain permanently closed to any kind of development. If oil is discovered, then less than 2000 acres of the over 1.5 million acres of the Coastal Plain would be affected. That's less than half of one percent of ANWR that would be affected by production activity. How much is 2000 acres? To put this in perspective, nearly 370,000 total acres were burned in San Diego wildfires last fall, and back in 2003, over 700,000 acres were burned in California alone.

Conservative estimates indicate that ANWR's 10-02 Area contains the equivalent of over 30 years worth of Saudi oil.

If the Washington beaurocrats are serious about ending our dependence on foreign oil, then they need to allow R&D to begin in ANWR. It's time to use the resources in our own country. Why buy something from other countries that we possess ourselves?

Reducing demand is not the answer.
Growing more corn for ethanol is not the answer.
Hybrid cars are not the answer.

The ANsWeR is ANWR.

Category:

News & Politics

Tags:

• economics
• oil
• foreign
• supply
• demand
• debate
• hillary
• clinton
• barrack
• barack
• obama
• gas
• refinery
• price
• reduce
• dependence

[dkbunting]

Man you are stupid! Bush Sr was the one that put the ban in place moron.

[trevb38]

Get your facts straight, bro! Next time before posting, you need to rub BOTH brain cells together! The National Energy Strategy proposed by President George H.W. Bush INCLUDED A PUSH TO OPEN ANWR for drilling! The Senate version of the bill couldn't even be debated, though, because of votes against cloture by six filibustering senators. It was your man Bill Clinton who closed off several areas of the U.S. to oil production and who supported the ban on drilling in ANWR. LOL....moron!!

[wrx831]

What a joke! Niether have any idea what to do! Sadley even Mcain is a pussy when it comes to ANRW.

[Scottit]

For those who don't want to drill in ANWR, do not complain at all about gas prices & other inflation because of oil. Also, go ahead & move there. Just get the hell out & stop being a drag on civilization.

[Srd1126]

@chung1chu Obama is a total joke. His Koran-thumping is out of hand and he does not have the intelligence to know we need to DRILL, BABY, DRILL to get more oil and lower prices. He needs to reas Sarah Palin's book and learn how to be a smart leader on energy and most everything else. I mean, somehting has high prices so you tax it more? What a dope.

[chung1chu]

People just like bashing Obama for no reason. If you do not like the look of him, kick him out; but do not pretend he is not doing a good job because he is the best president you've ever had. Be honest to yourselves.

[tommyboy486]

Was this on MSNBC?  Obama is a joke

[doctender77]

I just filled my tank for under forty bucks. Our economy is in the tank but it hasn't hurt me yet. I'm sure it will but in the mean time this is awesome!

[pithor]

It's the futures market on wall street that's out of control. Ready to open your wallet and pay out more in taxes? Only the ignorant vote democrat.

[choles44]

I've heard plenty of people calling their own relatives racist. It's true for a lot of people in this generation. We don't need the entire Clinton and Bush family running the presidency, that completely goes against our original standards of not giving power to just one person.

[Ackdacka]

yes this was quite the improv skit, good enough for saturday night live