All Oil All The Time

So I'm hammered. Y'know, back when I started blogging and was still working for IBM, a lot of my posts were written when I was under the influence of adult beverages. My rants were a lot better then. So, here I am on dialup discussing oil. Jesus H. Christ, there are some really fucking stupid people in this country. And these dipshits vote.

Exhibit 1 is from The Vent.

Bush and the Republicans controlled Congress for six years, and they couldn't pass legislation to drill in Alaska, Gulf Coast or build more refineries. Pelosi and Reid have had a majority in Congress for only 1 1/2 years, and you blame them for these high gas prices. Typical right-wing conservative Republican.

You asinine idiot! Go back to watching American Idol and Do You Know How to Dance. You obviously haven't been paying any attention. For those six years Bush and the Republicans were trying to drill in ANWR. Y'see they have this thing in the Senate (for a booger eatin' moh-ron like you, that's one of the houses of gummint. The other being the House of Representatives.) called a filibuster. The Dimocrats filibustered drilling in ANWR. It requires 60 votes to stop a filibuster. Unfortunately, the Republicans could not muster 60 votes.

The Dimocrats have been against all new drilling. Since they took over Congress gas prices have gone up from $2.13 per gallon to $4 a gallon. Here's a clue for you: Colonel Mustard, in the library with the lead pipe. Now go back to watching Survivor.

What else was in the Atlanta Urinal and Constipation? Yeah. Another cease fire between Israel and Hamas. Yeah. Hamas will honor that for maybe a day at the most.

More flooding in the Midwest. Lots of looting. People shooting at helicopters. Oh wait! That was Nawlins. In the Midwest, people are following evacuation orders. They're helping out sandbagging the levees. They're not waiting for the gummint. Prolly none of them will be lving in FEMA trailers. Didja know that there are still refugees from Nawlins living in hotels? Yep! Some of them might even one day go out and look for a job. That is when they get around to it. I meant to blog on that earlier this week but I didn't get around to it. I was waiting for the gummint to help me out.

But this post is about oil. McRINO and Chimpy McHaliburton Bushitler have finally come to their senses and are calling for offshore drilling.

President Bush plans to make a renewed push today to get Congress to end a long-standing ban on offshore oil and gas drilling, echoing a call by GOP presidential candidate John McCain.

I am so fucked! This is an AP story and I expect their lawyers to come after me and charge me $1 million a word for citing their article.

With oil prices soaring and motorists paying $4 a gallon for gasoline, political pressures have been growing for more domestic oil and gas production.

Just remember, Nancy Pelosi said that if we turned Congress over to the Dimocrats they would fix the high gas prices. Turns out their definition of "fixing gas prices" meant doubling them. Great job Nancy.

Sen. Barack Obama, the Democratic candidate for president, opposes lifting the ban on offshore drilling and says that allowing exploration now wouldn't affect gasoline prices for at least five years.

WTF? Does this idiot realize how stupid this sounds? Let's do nothing. In five years when gas is $6 a gallon he can say that if we allow exploration it won't affect gas prices for five years when they will be $8 a gallon. This is gonna be our next president. Think about this as you are spending $50 to fill up your tank. This dipstick will make Jimmah Carter look like a good president.

Man I could go on forever. Robert Samuelson has an op-ed about what is ahead.

We all know that gasoline is at $4 a gallon and oil is around $135 a barrel. But if you think that's the end of the story, don't talk to economist Jeffrey Rubin of CIBC World Markets. By Rubin's reckoning, we've barely passed the halfway point on a steady march upward that will take gasoline to $7 a gallon and oil to $225 by 2012. Despite fluctuations, the underlying rise, he says, will have pervasive and surprising side effects. Among them:

Thank Chuck "the schmuck" Schumer, Nancy Pelosi, Dick "Turban" Durban", Harry Reid, Jug Hussein Ears, Thunder Rodent Thighs, and the rest of the Dimocrat Party and the RINOs.

U.S. manufacturers benefit, because rising ocean-freight costs —- reflecting fuel prices —- make imports more expensive. Some production returns to the United States, and some shifts from Asia to closer exporters (Mexico over China). Since 2000, estimates Rubin, the cost of shipping a 40-foot container from East Asia has gone from $3,000 to $8,000. With oil at $200 a barrel, the shipping cost would be $15,000.

That's the good news.

Inflation becomes more stubborn. For years, the Federal Reserve has focused on so-called core inflation —- prices minus energy and food. The justification is that large food and energy-price changes usually reverse themselves. But if they move steadily higher, that logic collapses. "While core inflation may be barely over 2 percent, that's only of solace if you don't eat or drive," Rubin says. Overall inflation is twice that, about 4 percent

Which means Bernanke will have to raise interest rates as we're going into a recession. Hello stagflation. Hello Jimmah Carter's second term, but hey, we will have elected our first black president (as long as we don't count BJ) so we will have proved that we have overvcome racism.

Free at last! Free at last! Thank God! Free at last! If it only didn't cost so much fucking money to be free at last.

Two distressed industries —- home building and autos —- suffer further. "In two years, there will be fewer Americans driving," he says. Higher gasoline prices push people to mass transit and car pools. Home prices take another hit, especially in distant suburbs with long commutes. "People won't be able to afford what they used to afford," he says.

The libs will finally do sumpin' about sprawl. Fuck the American dream. Think about that as you vote for Dimocrats.

Finally, the holy crap moment. The AJC actually had an editorial about not blaming big oil. No. This can't be true. I must be hallucinating. All I had was a couple of Stoly's on the rocks and a half bottle of wine. How did this editorial get past Cynthia Tucker?

Guess I better go have a glass of grappa. Or two.

Admit it! Don't I write better when I'm drinking?

And I get to deal with AT&T tech support tomorrow when I'm hungover.

Whoopie!

Posted by denny at June 18, 2008 09:20 PM