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The High Price of Gasoline

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Close to Home 7-20-2008.JPG

The message is VERY CLEAR and not that FUNNY.

We need OUR representatives to take action now to LOWER the price of gasoline and not just point fingers in blame. We ALL know that this is a supply and demand issue and we need to increase supply.
The House and Senate Leadership keep saying that it is the Speculators that keep driving the price for oil up. Well last week when President Bush revoked the Executive Order that banned drilling in the Outer Continental Shelf the price per barrel of oil dropped dramatically because the speculators saw the increase in supply coming, which will reduce the price that can be charged. If OUR representatives would follow through and revoke the congressional ban on this drilling the SPECULATORS would lower the price even more. That is IMMEDIATE RELIEF to US!!!
Not to mention that the supply will increase and keep prices lower for a long time. At least until alternative forms of energy can be affordably marketed.

Here is a video that explains this message and what the American Solutions campaign Drill Here, Drill Now, Pay Less has achieved thus far.

I received a notice from Tom Cole that informs us that the Democrat leadership in Congress is planning on recessing and taking their month long vacation during August. The President has signed an Executive Order allowing American Companies to start drilling for oil in the Continental Shelf to relieve the prices for US in the short term. Of course there is a Congressional Ban on this drilling so in order to comply with the Presidents order our representatives need to take action to allow it to happen.

The facts are in and the Video below outlines what can be done…

NOW!

 Three Ways to Lower Gas Prices.

Watch the video as Newt explains this

As gas prices continue to increase, Congress continues to blame others while ignoring practical steps to stop the pain Americans are feeling at the pump. To lower gasoline prices and reduce our dependence on foreign oil, we need real solutions to our energy challenges. … 

The American Solutions campaign “Drill Here, Drill Now, Pay Less” has delivered over 350,000 signatures on their petition to Congress today.

Watch the video below and hear more about this.

Of course this is important to many Americans because with current plans we either have to live with the higher prices while we wait for ethanol to become “cheaper” or we can work towards producing more of our own energy supply and lower the prices much quicker while a better alternative fuel is produced.

In fact an article in Human Events.com, titled “A Conservative Energy Policy” by Dan Kish says:

When Ronald Reagan accepted his party’s nomination in 1980, he said… “Large amounts of oil and natural gas lay beneath our land and off our shores, untouched because the present administration seems to believe the American people would rather see more regulation, taxes and controls than more energy, he said.  “It must not be thwarted by a tiny minority opposed to economic growth which often finds friendly ears in regulatory agencies for its obstructionist campaigns.”

In fact, according to our own government there 19 BILLION barrels of oil available on-shore and 18.92 BILLION barrels of oil off-shore in areas that we can get easily get to and drill in the new and improved environmentally friendly ways. Included with these numbers is an estimated 180 TRILLION Cubic Feet of undeveloped natural gas resources.

This doesn’t take into account the Oil Shale resources of over ONE-TRILLION BARRELS of oil. We now have the environmentally friendly technology and capacity to convert into this resource into over 800 BILLION BARRELS of recoverable oil, which is over THREE TIMES the amount of oil in SAUDI ARABIA. (see the source info here

When Ronald Reagan spoke these words he was describing President Jimmy Carter’s disastrous policies that ransacked family budgets, cost jobs and robbed Americans of hope.  They could just as easily be spoken today about the Bush Administration, the Congress, and the candidates vying to become president this election year.  On the energy front, it seems, the classically successful principles of less government and more self-initiative been replaced by a myth of resource scarcity and helplessness. Government now, as then, has created a massive energy problem.  And now, as then, it wants people to believe it also has the solution.  Well, as Reagan put it, “government is not the solution to the problem; government is the problem.”  

According to the Rocky Mountain New article titled “Senate panel retains oil-shale moratorium” from May 15, 2008 (just a few weeks ago while we are experiencing the high fuel prices) the Senate Appropriations Committee:

“… today narrowly defeated Sen. Wayne Allard's attempt to end a moratorium related to oil shale development in Colorado. and Allard, a member of the committee, attempted to insert an amendment that would reverse the moratorium that lawmakers approved late last year.

The moratorium prevents the Department of Interior from issuing regulations so that oil companies can move forward on oil-shale projects in Colorado and Utah. Allard said the moratorium has left uncertainties at a time when companies need to move forward and in the long term make the United States more energy independent.

"If we are really serious about reducing pain at the pump, this is a vote that would make a difference in people's lives," Allard argued.”

Our elected representatives who are supposed to be looking out for us voted 14 – 15 (directly along party lines) to defeat the amendment. 

If we can gain enough support and signatures on this petition then maybe we will be taken seriously in our demands that Congress Acts Immediately to Relieve The Bleeding at the Pump!!!

See this post on my Campaign Website.

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Heritage Foundation - Web Memo.JPG

www.heritage.org

Effect of the Lieberman-Warner Global Climate Change Legislation on States

by William W. Beach, Ben Lieberman, David Kreutzer, Ph.D. and Nick Loris
May 22, 2008
WebMemo #1930

The Senate's leading climate-change bill, while aiming to combat global warming by reducing carbon dioxide in the air, actually poses "extraordinary perils" for Americans and the economy, according to a new study from The Heritage Foundation.

The study, produced by Heritage's Center for Data Analysis (CDA), forecasts severe consequences—including crushing energy costs, millions of jobs lost and falling household income—if Congress enacts the so-called Lieberman-Warner bill.

What follows are 50 state-by-state breakouts of the impact the bill would have on jobs and the economy.

Alabama
Alaska
Arizona
Arkansas 
California
Colorado
Connecticut
Delaware 
Florida
Georgia
Hawaii
Idaho 
Illinois
Indiana
Iowa
Kansas 
Kentucky

Louisiana
Maine
Maryland 
Massachusetts
Michigan
Minnesota
Mississippi
Missouri

Montana
Nebraska
Nevada 
New Hampshire
New Jersey
New Mexico
New York 
North Carolina
North Dakota

Ohio
Oklahoma 
Oregon
Pennsylvania
Rhode Island
South Carolina 
South Dakota
Tennessee
Texas
Utah 
Vermont
Virginia
Washington
West Virginia 
Wisconsin
Wyoming

Heritage Foundation - Web Memo.JPG
www.heritage.org

How New Hampshire Will Be Affected by the Lieberman-Warner Global Climate Change Legislation

by William W. Beach, Ben Lieberman, David Kreutzer, Ph.D. and Nick Loris
May 20, 2008
WebMemo #1930

Workers and families in the state of New Hampshire may be wondering how climate change legislation before Congress will affect their income, their jobs, and the cost of energy. Members of Congress are considering a number of bills designed to address climate change. Chief among them is S. 2191, America's Climate Security Act of 2007, introduced by Senators Joseph Lieberman (I-CT) and John Warner (R-VA). 1

The Lieberman–Warner legislation promises extraordinary perils for the American economy, should it become law, all for very little change in global temperature…perhaps even smaller than the .07 of a degree Celsius drop in temperature that many scientists expected from worldwide compliance with the Kyoto climate change accords. S. 2191 imposes strict upper limits on the emission of six greenhouse gases (GHG) with the primary emphasis on carbon dioxide (CO2). The mechanism for capping these emissions requires emitters to acquire federally created permits (called allowances) for each ton emitted.

Arbitrary restrictions predicated on multiple untested and undeveloped technologies will lead to severe restrictions on energy use and large increases in energy costs. In addition to the direct impact on consumers' budgets, these higher energy costs will spread through the economy, injecting unnecessary inefficiencies at virtually every stage of production and consumption.

Implementing S. 2191 will be very costly in New Hampshire, even given the most generous assumptions. Notable costs are listed below in Table 1:

Table 1: Estimated Economic Impact of S. 2191 in New Hampshire

Year

Gross State Product Loss (Millions)

Non-Farm Employment Loss

Manufacturing Jobs Lost

Personal Income Lost (Millions)

2012

148.51

-732

-77

-97.02

2020

-302.16

-304

-2,851

-190.12

2025

-475.49

-1.939

-11,567

-595.09

2030

-475.49

-1,939

-11,567

-595.09

Consumers will be hard hit. Table 2 shows the expected increases in retail energy prices (adjusted to 2006 dollars to eliminate the impact of inflation) in 2025 for New Hampshire. Between 2012, when the restrictions first apply, and 2025, the prices of electricity, natural gas, and gasoline could rise by nearly 20 percent nationally when compared to prices in a world without S. 2191.

Table 2: Changes in Household Energy Prices in New Hampshire Due to S. 2191

 

Current Cost

2025 with current law in place

2025 with Leiberman-Warner in place

Dollar difference

Electricity

$1,009.05

$1,564

$1,936

$371

Natural Gas

$1,163.22

$1,638

$1,816

$177

Gasolone

$2,033

$1,005

$2,410

$405

Note: The current annual cost of natural gas is based on consumption and prices as of 2006, the most recent data available. The annual cost of gasoline is based on the average price of regular unleaded in each state on May 20, 2008.

In addition to taking a bite out of consumers' pocketbooks, the high energy prices throw a monkey wrench into the production side of the economy. Contrary to the claims of an economic boost from "green" investment and "green-collar" job creation, S. 2191 reduces economic growth, gross domestic product (GDP), and employment.

[1]To learn more about the economic effects of the Lieberman-Warner legislation, see "The Economic Costs of the Lieberman-Warner Climate Change Legislation", CDA Report published on May 12, 2008. This Report is available at www.heritage.org. The authors gratefully acknowledge the work of Dr. Shanea Watkins in preparing the maps used in this briefing memo.

Heritage Foundation - How Lieberman-Warner would Affect NH.JPG

"What about Gas Prices"

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This video was posted on YouTube.com yesterday by American Solutions.

Watch this and ask yourself

1. What do I think about these PRICES?

2. What is the effect on my FAMILY, my JOB and my NEIGHBORS?

3. Should OUR Government do something NOW?

As gas prices continue to increase, Congress continues to blame others while ignoring practical steps to stop the pain Americans are feeling at the pump. To lower gasoline prices and reduce our dependence on foreign oil, we need real solutions to our energy challenges.

Newt Gingrich and American Solutions have a very simple idea to fix the problem

Watch the video as Newt explains this

Research from the Platform of the American People

73% of the American people agree that with appropriate safeguards to protect the environment, we should drill for oil off America's coasts to reduce our dependence on foreign oil.

Please read this petition and click the link below to sign it

---We, therefore, the undersigned citizens of the United States, petition the U.S. Congress to act immediately to lower gasoline prices by authorizing the exploration of proven energy reserves to reduce our dependence on foreign energy sources from unstable countries.

As of this posting there are 57,175 signatures.

Background

Read more tri-partisan solutions in the Platform of the American People:

Energy and the Environment

Oil and National Security

Overview of the research data

I know that when I was much younger there was talk about putting the Polar Bear on the Endangered Species List as a Threatened Species. I also remember that by the time I graduated High School that the population decline has reversed itself and that the Polar Bear population was beginning to thrive. 

I remember that this was part of the environmentalists plan to stop Prudhoe Bay and the Alaskan Pipeline, but the facts have shown that all wildlife has been thriving in the Alaskan Tundra. 

Last night I heard that the Bush Administration has now placed the Polar Bear on the Endangered Species List as a Threatened Species. I immediately thought to myself “when did this thriving population start declining?” and my second thought was “are the environmentalists and global warming crowd up to their old tricks?”, which seems very likely.

Today I came across this Press Release from the Heritage Foundation:

heritagebell.gif

www.heritage.org

Heritage Foundation Condemns Bush Administration's Polar Bear Decision

WASHINGTON, May 14, 2008Heritage Foundation President Edwin Feulner today issued the following statement on the Interior Department's decision to place polar bears on the endangered species list:

"Once Americans learn that a species is in danger, we pull out all the stops to protect it. Consider our national symbol, the bald eagle. It was once on the verge of extinction, but conservation has helped these magnificent birds make a strong comeback."

"Polar bears, however, are a different story. There are an estimated 20,000-25,000 wild polar bears today, up from an estimated 8,000-10,000 in the late 1960s. By any measure this species is thriving. It certainly doesn't need further protection from the United States government."

"Today's decision seems aimed at endangering another endeavor: New oil and natural gas production in Alaska and in its surrounding waters. By placing the polar bear on the endangered species list, the Bush Administration has made it extremely difficult – perhaps impossible - to open up even a small portion of the Arctic National Wildlife Refuge (ANWR), an area estimated to contain 10 billion barrels of oil, no matter what administrative window dressings were put in place. That's enough to replace what we'll import from Saudi Arabia over the next 15 years."

"Unfortunately, new energy exploration isn't the only activity that's at risk now that the polar bear is listed as endangered. Environmentalists want to use fears about global warming (supposedly caused by humans, although the globe hasn't warmed in almost 10 years) to limit our country's energy use, and that can apply in any of the 50 states – from Alaska to Florida. They will now attempt to do so under the guise of protecting the polar bear."

"The listing of the polar bear as threatened is nothing more than a backdoor attempt to limit our country's energy exploration and use. The Bush administration should immediately reconsider and overturn today's decision."

©2008 The Heritage Foundation

All Rights Reserved.

214 Massachusetts Ave NE

Washington, DC 20002-4999

phone - 202.546.4400 | fax - 202.546.8328

e-mail - staff@heritage.org


It Appears that I am not the ONLY one thinking this!


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Here’s a thought, Quit buying gasoline and use ethanol you make yourself to run your vehicle. Sounds like a sci-fi story but it is true. I came across a Reuters story called Kick the oil habit and make your own ethanol, dated May 8, 2008. (download a PDF copy of this article here) The company is E-Fuel Corporation in Los Gatos, CA .This story says:

A new company hopes drivers will kick the oil habit by brewing ethanol at home that won't spike food prices.

E-Fuel Corp unveiled... the world's first machine that allows homeowners to make their own ethanol and pump the brew directly into their cars.

I had to check this out to see what is behind this story and I came across a Scientific American article, titled “Are Backyard Ethanol Brewers an Answer to High-Priced Gas? “ dated May 9, 2008. (download a PDF copy of this article here) This story says:

…its EFuel100 MicroFueler can produce up to 35 gallons (132 liters) of ethanol a week that consumers can pump directly into their cars and trucks. There is no combustion inside the device, which runs on a standard household 110- to 220-volt AC power supply (consuming about 150 watts per day) and uses a membrane system to distill the sugar, yeast and water solution required to make ethanol rather than combustion heating elements, as commercial ethanol producers do.

The normal process for making ethanol is to turn the product (corn, cane, algae…) into sugar and then begin the distillation process to turn the sugar into alcohol and then into ethanol. This machine (pictured above) makes the ethanol from sugar and the estimated costs are $1.00 per gallon. At 6 feet high, 6 feet deep and 42 inches wide this machine isn’t very large.

It takes 14 pounds of feedstock (sugar) to make one gallon of ethanol. Regular sugar you buy at the store will work but the price is too high. Instead they have suppliers that can provide non-food sugar from Mexico which costs 15 to 30 cents per pound. This machine also qualifies for Carbon Credits that can be used towards the purchase of this feedstock, reducing the prices further.

Making ethanol this way does not affect the food chain and food prices. The company claims that this fuel is more environmentally friendly (though that might be debatable) and that a family with 2 cars getting 22 miles per gallon driven a total of 34,500 miles per year can save $4,200 per year (assuming gasoline prices at $3.60 per gallon). They also claim that greater savings can be achieved by adding water to the ethanol, providing the mixture contains at least 65% ethanol.

This all sounds pretty good and you are probably saying “Where do I get one and how much does it cost?” Well you can click the link above to visit their website to complete the “pre-order” form and provide a $3,000 down payment towards the purchase price. They will be distributed some time this fall and the total cost is $10,000. The company doesn’t think the price is too hefty since you could achieve that much or more in savings within the first 2 years. Still seems pricey to me.

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