Senate Energy Kabuki paid by Taxpayers

As Senate Minority Leader Mitch McConnell (R-KY) put it, “Day after day after day, Democrats ask us all to come out here, not so we can make an actual difference in the lives of working Americans and families struggling to fill the gas tank, but so we can watch them stage votes for show.”

Senate Rejects Plan to Raise Taxes on Oil Companies.

Mike Brownfield

March 30, 2012 at 9:17 am

In case you missed it, there was quite a performance in the U.S. Senate yesterday. Liberals put on an election-year show, with the personal encouragement of President Barack Obama, in which they attempted to impose higher taxes on the oil industry as punishment for their profits while gas prices are at an all-time high.

The Senate rejected the bill 51-47. Despite certain defeat, liberals brought up the legislation in hopes of distracting the American people from the fact that President Obama is refusing to take steps that would help increase the supply of oil in the United States, and decrease regulation, thereby bringing down costs for consumers. As Senate Minority Leader Mitch McConnell (R-KY) put it, “Day after day after day, Democrats ask us all to come out here, not so we can make an actual difference in the lives of working Americans and families struggling to fill the gas tank, but so we can watch them stage votes for show.”

Heritage expert David Kreutzer points out, most of what the President and his allies call “subsidies” are merely manufacturing tax credits that already put the oil and gas industry at a disadvantage: Continue reading “Senate Energy Kabuki paid by Taxpayers” →

Pop Quiz: 10 Questions to Test Your Knowledge on Gas Prices

Peanut Gallery: Scored an embarrassing 50%… how about you?

Americans are upset over the rising cost of gasoline. As the national average for regular unleaded climbs to nearly $4 per gallon, President Obama’s approval rating is headed in the opposite direction. As drivers pay closer attention to the price at the pump, they’re also growing more displeased with the policies from the White House, according to new polls released this week.

With little relief in sight as the summer months approach, it’s time for Washington to act. Heritage’s Nick Loris has recommended five common-sense solutions that include approving the Keystone XL pipeline and removing regulatory barriers.

We’ve also put together a 10-question quiz to test your knowledge about gas prices and the oil industry. You might be surprised by some of the answers.

Please click on link –

Pop Quiz: 10 Questions to Test Your Knowledge on Gas Prices.

Seaweed in your gas tank – HUMAN EVENTS

Peanut Gallery: The American people are NOT stupid, Mr President. Drill here, drill now!

“The American people aren’t stupid,” said Obama (Feb. 23), mocking “Drill, baby, drill.” The “only solution,” he averred in yet another major energy speech last week, is that “we start using less, that lowers the demand, prices come down.” Yet five paragraphs later he claimed that regardless of “how much oil we produce at home … that’s not going to set the price of gas worldwide.”

So: Decreasing U.S. demand will lower oil prices, but increasing U.S. supply will not? This is ridiculous. Either both do or neither does. Does Obama read his own speeches?

Obama says of drilling: “That’s not a plan.” Of course it’s a plan. We import nearly half of our oil, thereby exporting enormous amounts of U.S. wealth. Almost 60 percent of our trade deficit — $332 billion out of $560 billion — is shipped overseas to buy crude.

Drill here and you stanch the hemorrhage. You keep those dollars within the U.S. economy, repatriating not just wealth but jobs, and denying them to foreign unfriendlies. Drilling is the single most important thing we can do to spur growth at home while strengthening our hand abroad.

Please click on picture/link for full story:

Seaweed in your gas tank – HUMAN EVENTS.

The Nuclear Option for Powering America

When you flip on a light switch, turn on your TV, start up your coffee maker, or charge your cell phone, there’s a good chance that the energy you’re using to get the job done has been generated by nuclear power. Yet this misunderstood power source is vastly underutilized in America.

Powering America Trailer from Heritage Foundation – Marketing on Vimeo.

The issue is particularly relevant today as the world remembers the Fukushima disaster in Japan and as America grapples with escalating energy costs, threats from the Iranian regime to cut off a quarter of the world’s oil supply, and an Obama Administration that appears bent on blocking the development of domestic sources of energy, such as his decision to block the Keystone XL pipeline. Amid these energy challenges, whether Americans know it or not, nuclear is already filling 20 percent of America’s energy needs with 104 reactors in 31 states, everywhere from California to Arizona, Texas to Michigan, Florida to New York.

Please click on link for full story –

The Nuclear Option for Powering America.

Rick Santelli | Third-World Status | Energy Policy | The Daily Caller

Peanut Gallery: Here’s a simple question – Who do you think knows more about economics and energy? Rick Santelli or Barack Obama?
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“Our society, our culture — the greatness of America — goes hand-in-hand with energy, and our leaders need to wake up,” Santelli said. “We need energy, OK? And if they want to turn into a third-world country where there is absolutely no pollution whatsoever. And I think we need to be good to the planet, but we need to be more honest — do we want to be a superpower that uses energy and tries to do it wisely, or do we want to put our head in the sand and think that these technologies that are noble, that I have been talking about since I was in grammar school debating solar and geothermal. They’re not ready, and I think it’s just a disservice to my kids that they’re going to make energy usage such a penalty-type scenario, where we all know if you want to put GDP up, energy usage is going to go right along with it.”

Please click on graphic/link for Santelli’s full comments…