Comments on: I Am Against The Energy Bill

By: HispanicPundit

HispanicPundit — Wed, 10 Aug 2005 20:39:21 +0000

Oil consumption continues to increase, but at a slower pace than before, hence the reduction in consumption.

By: Michael

Michael — Wed, 10 Aug 2005 20:32:40 +0000

Your theory about oil prices reducing consumption is great in theory but in actuality oil consumption continues to increase.

I agree with more research for alternative and more efficient fuel sources. The supply curve needs to be raised, but the demand curve needs to be lowered also to lower prices.

Since the governement gave huge tax incentives to the energy companies for research and exploration, why not give tax incentives to individuals who conserve energy (e.g. tax breaks for purchase of hybrid and economy cars, or purchase of energy imrovements on your HVAC systems at home, tax breaks for users of mass transit. If the government is going to subsidize the sellers it is only fair to subsidize the buyer

By: HispanicPundit

HispanicPundit — Wed, 10 Aug 2005 18:40:34 +0000

Angelo,

Agreed! Great response!!!

By: Angelo

Angelo — Wed, 10 Aug 2005 18:31:18 +0000

I agree Bush is no Reagan. But it is funny to hear liberals complain about high gas prices. In the past liberal politicians advocated raising fuel taxes to artificially encourage conservation. A high gas price caused by natural economics doesn’t seem to please them. Some of the problem we face today is caused by self-imposed restrictive regulations on refineries, exploration and nuclear energy. I’m not for drilling off Miami Beach but if you can’t drill in Anwar then you can’t drill anywhere. The US should not burn a drop of oil to produce electricity. Alternative energy sources are great and should be pursed when the economics require it, unless it’s off Martha’s Vineyard.

By: HispanicPundit

HispanicPundit — Wed, 10 Aug 2005 18:00:43 +0000

Israel,

You are correct, the high price of oil does lead to more alternative uses of energy. But this is hardly Bush’s doing, this is more the result of external factors than anything Bush could directly control.

But yeah, one of the best incentives for altnerate sources of energy is higher oil prices.

By: Israel Rodriguez

Israel Rodriguez — Wed, 10 Aug 2005 17:44:59 +0000

I have a question. Doesn’t the high price of oil causes more investments in energy savings devices and new energy sources? Could it be said that President Bush intentionally allow the oil market to go so high so as to create the incentive for more alternative energy sources? Doesn’t the fundementals of the economy actually create the conditions for new ways of doing things?

I bring this up because the left has villified this president so much that it seems like he is not doing anything. I do fault him for his lack of using the veto to get spending under control and his communicating of goals to include a progress report to the American people. (I guess he really does hate the MSM. Can’t blame him though. They are bias.)

By: Michael

Michael — Wed, 10 Aug 2005 17:16:53 +0000

I agree with you here (suprise). an energy bill that does not attempt to address our overconsumption of fossil fuels, no incentives for fuel conservation, no attempts to lower our record high gas prices just trillions of dollars of tax incentives for the already profitable oil and gas companies who already abuse off-shore tax loopholes to avoid paying their fair share. I see why Chaney was so intent on keeping the minutes of these meetings so secret.

If we want to address a serious economic issue like the high price of gas, the best way to do this will be to address both the demand and the supply curve.

By: HispanicPundit

HispanicPundit — Wed, 10 Aug 2005 05:07:57 +0000

Thanks.

By: Rita J. King

Rita J. King — Wed, 10 Aug 2005 05:05:53 +0000

I am an investigative reporter on the nuclear industry and I wrote an article on the entire history of the energy bill which might interest you, it is currently posted on my blog: http://www.ruminationsonamerica.blogspot.com

By: myke

myke — Wed, 10 Aug 2005 01:49:19 +0000

See, we can agree on something. It’s FULL of pork. And a second thing .. whether it be a dem presidency and a repub congress or vice versa, it doesn’t really amount to gridlock. It actually, more often than not, boils down to compromise. Neither the far left or far right is able to shove thru so much partisan legislation.