
Just filled up my compact car tonight and for the first time the 14gal. tank cost over 50 bucks, $51.25 to be exact. Which brings to mind, it was twelve years ago that, then President Clinton vetoed the ANWAR bill which would have allowed oil increased oil production in Alaska, reasoning behind this was it would be 10 years before any gas could be brought to production. At the time the Dept. of Energy issued to following report:
EIA Reports
U.S. DEPARTMENT OF ENERGY
WASHINGTON DC 20585
August 5, 1997
Gasoline prices drew much public attention in the spring of 1996, as regular conventional gasoline climbed 19 cents, from $1.06 in mid-February to a peak of $1.25in mid-May. A year later, prices reversed during the same time frame, falling from $1.23 in early January to $1.17 in mid-May. EIA explored the reasons behind these contrasting price changes.
Crude oil prices responded to shifting world petroleum supply-demand balances between 1996 and 1997. During the first quarter 1996, world petroleum supply growth was lower than expected, in part because Iraq's re-entry into the market was delayed. World demand for petroleum was high due to an unusually cold winter in the Northern hemisphere.Now, twelve years later, gas is predicted to go over $4.00 per gallon, a price point promoted by Al Gore in his "its good for the environment" speeches and book. Since the Democrat majority entered the Congress, gas prices have gone up faster
than a previously mentioned former president's member in the Oval Office than ever. Both Democratic presidential candidates, Obama and Clinton, and wanna be Dem, McCain, still don't see the need for more oil production in Alaska,the Gulf of Mexico (even though Cuba is drilling there now), or the Western US. Food prices and other goods continue to climb due to rising oil prices, Congress has the gall to call "Big Oil" on the carpet - not understanding basic economics 101 "Supply and Demand" while the traditional Democrat, the "working class and poor" continue to get screwed by their very own saviors. Makes me wonder, when will the "people" realize the same party that tried their best to keep slavery a part of America, is trying their best to create a whole new economic slave class with failed and failing "energy policies"
It makes me wish for those "high" May 1996 gas prices of S1.25. Want to predict what they will be in 2018 if the govt. continues to do nothing...
Just makes me want to
holler~!Cry Like A Baby...

and I could become "
A Lad Insane"

SO, if you could
loan me a dime...

It would be
a nice day for somebody!

Responses are welcome in the comments section...