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View Full Version : Nancy Pelosi.....going after Bush on Gas prices?


JustRalph
04-22-2008, 11:18 PM
Check out this letter Pelosi sent to Bush Today.
http://news.yahoo.com/s/usnw/20080422/pl_usnw/pelosi_to_bush_on_gas_prices__we_cannot_wait_to_ac t

April 22, 2008
The Honorable George W. Bush

The President of the United States
The White House
1600 Pennsylvania Avenue, N.W.
Washington, D.C. 20500

Dear Mr. President:
As we celebrate Earth Day, the price of a gallon of regular gasoline has reached a record $3.51 -- 23 percent more than this time last year and 138 percent more than January 2001. Historic gas prices now far exceed those during the 1981 energy crisis.

Americans are paying too high a price at the pump for energy policies that have placed subsidies for Big Oil ahead of sensible investments in clean, renewable energy resources that can heat and cool our homes, fuel our cars, and spark a green jobs revolution. In addition to energy costs, rising food prices, high health care costs, the growing housing crisis and rising unemployment are hurting American families and business, and weakening our economy.

Mr. President, we have worked together to enact the first increase in fuel economy standards for cars and trucks in 32 years, dramatically boosting efficiency standards for buildings, lighting, and appliances, and investing in homegrown biofuels. I respectfully ask you again to work with the Congress to allow the Justice Department to pursue oil cartel price-fixing, allow the Federal Trade Commission (FTC) the authority to investigate and punish price gougers, end taxpayer subsidies to Big Oil and invest those funds in renewable American energy. Lastly, your Administration must use the authority given to it by the Congress to end market manipulation. We cannot wait to act in the face of these prices increases.

I respectfully ask that you work with the Congress to get the following pieces of legislation, which have already passed the House, to your desk for your signature:

The No Oil Producing and Exporting Cartels (NOPEC) Act -- H.R. 2264
This legislation enables the Department of Justice to take legal action against foreign nations for participating in oil cartels that drive up oil prices globally and in the United States. It does so by exempting OPEC and other nations from the provisions of the Foreign Sovereign Immunities Act when acting in a commercial capacity; by making clear that the so-called Act of State doctrine does not prevent courts from ruling on antitrust charges brought against foreign governments; and by authorizing the Department of Justice to bring lawsuits in U.S. courts against cartel members. This bill passed the House 345-72. You have threatened to veto this legislation.

The Energy Price Gouging Act -- H.R. 1252

This legislation will reduce the burden of rising gas prices on American families, providing immediate relief to consumers by giving the FTC the authority to investigate and punish those who artificially inflate the price of energy. It ensures the federal government has the tools it needs to adequately respond to energy emergencies and prohibit price gouging -- with a priority on refineries and big oil companies. This bill passed the House by 284-141. You have threatened to veto this legislation.

Renewable Energy and Energy Conservation Tax Act of 2008 -- H.R. 5351

With Exxon Mobil posting a record-breaking $40 billion in profits last year, it is unnecessary for taxpayers to subsidize Big Oil. This bill will end unnecessary subsidies to Big Oil companies and invest in clean, renewable energy and energy efficiency. It will extend and expand tax incentives for renewable electricity, energy and fuel, as well as for plug-in hybrid cars, and energy efficient homes, buildings, and appliances. These provisions are critical to creating hundreds of thousands of jobs. And the preservation of existing jobs relies on them too: a recent study showed that allowing the renewable energy incentives to expire would lead to about 116,000 jobs being lost in the wind and solar industries through the end of 2009. This bill passed 236-182. You have threatened to veto this legislation.

Market Manipulation Provisions in the Energy Independence and Security Act of 2007

Lastly, the bill we worked on together, the Energy Independence and Security Act of 2007, made it unlawful for any person to take manipulative action or report false information on the wholesale price of gasoline or petroleum and required the Federal Trade Commission to enforce and punish those found guilty of such actions. It is imperative that the FTC act now to crack down on these abusive practices.

Your support for these efforts is all the more critical as your Administration has failed to persuade OPEC to increase their oil production to bring down prices, despite your considerable influence with OPEC nations.

The New Direction Congress is providing forward-looking leadership that will fuel Americas energy future, save Americans money, create good jobs, improve our national security, and preserve our planet for our children. This critical issue needs Presidential leadership and I urge you to please join us to address the skyrocketing price at the pump.

Best regards,

NANCY PELOSI

Speaker of the House

SOURCE Office of the Speaker of the House

Now, Check out this statement/press release she made in 2006
http://www.house.gov/pelosi/press/releases/April06/Rubberstamp.html

Pelosi: ‘With Skyrocketing Gas Prices, Americans Can No Longer Afford Rubber Stamp Congress’
Monday, April 24, 2006

Contact: Brendan Daly/Jennifer Crider, 202-226-7616

Washington, D.C. – House Democratic Leader Nancy Pelosi released the following statement today on President Bush’s, Speaker Hastert’s, and the Republican Congress’ empty rhetoric on gas prices. Key facts on the Majority's failure to address gas prices follows Pelosi’s statement.

With skyrocketing gas prices, it is clear that the American people can no longer afford the Republican Rubber Stamp Congress and its failure to stand up to Republican big oil and gas company cronies. Americans this week are paying $2.91 a gallon on average for regular gasoline – 33 cents higher than last month, and double the price than when President Bush first came to office.

“With record gas prices, record CEO pay packages, and record oil company profits, Speaker Hastert and the Majority Congress continue to give the American people empty rhetoric rather than join Democrats who are working to lower gas prices now.

“Democrats have a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies, and increasing production of alternative fuels.”
* * *
Key Facts on the Majority’s Failure to Address Gas Prices:
President Bush, Speaker Hastert and the Majority Congress wrote and passed a Republican energy bill that President Bush’s own Energy Department said would raise gas prices on American consumers. Big oil and gas companies wrote the Republican energy bill, and the American people paid the price.

The Majority rejected imposing tough penalties on price gouging companies three times in the past year, since that time, gas prices increased by another 11 cents a gallon.

Speaker Hastert and the Majority have been blocking action on Congressman Stupak’s Federal Response to Energy Emergencies Act (H.R. 3936) since last September, which would protect American consumers from high gas prices by empowering the FTC and the DOJ to investigate and prosecute oil companies engaged in price gouging at each stage of the energy production and distribution chain and outlaws market manipulation.

!~snip~~ end press release

Come on Nancy, you have had 18 months to enact that plan???? You told us the Dems were going to save us? Now you are begging at the foot of the Lame Duck President for Support!!! You told us when you took over Congress that you were working with a mandate that would involve change. You can't get a damn thing done. You squawk and squawk..........but nobody listens anymore.

Yet you blame your failings on the man you call "out of touch" and without the ability to lead the country. Yet he holds your sorry ass down in the aisle and waterboards your agenda. Dems love to sit back and talk about how dumb Bush is. But they can't defeat him on any level. Amazing!!!!

More Duplicity from the Dems!!!!

Empty Rhetoric is the norm!!!!

Tom
04-22-2008, 11:26 PM
I don't like high gas prices, but I'd rather suffer them than Nacy Bin Losi....loser.

PaceAdvantage
04-23-2008, 01:22 AM
Come on Nancy, you have had 18 months to enact that plan???? You told us the Dems were going to save us? Now you are begging at the foot of the Lame Duck President for Support!!! You told us when you took over Congress that you were working with a mandate that would involve change. You can't get a damn thing done. You squawk and squawk..........but nobody listens anymore.

Yet you blame your failings on the man you call "out of touch" and without the ability to lead the country. Yet he holds your sorry ass down in the aisle and waterboards your agenda. Dems love to sit back and talk about how dumb Bush is. But they can't defeat him on any level. Amazing!!!! That's enough to give ANYONE a complex....no wonder Democrats are so touchy....especially when you happen to use the "B" word....

russowen77
04-23-2008, 02:47 AM
I used to have a pretty good buisness finding return loads for independant truckers. It is flat out gone. They can't take a one way run now with the diesel prices like they are.

Are y'all in the oil buisness per chance?

delayjf
04-23-2008, 11:26 AM
Correct me if I'm wrong, but isn't price gouging and market manipulation already illegal. They have investigated the oil companies to death and have not found ANYTHING.

The No Oil Producing and Exporting Cartels (NOPEC) Act -- H.R. 2264
This legislation enables the Department of Justice to take legal action against foreign nations for participating in oil cartels that drive up oil prices globally and in the United States. It does so by exempting OPEC and other nations from the provisions of the Foreign Sovereign Immunities Act when acting in a commercial capacity; by making clear that the so-called Act of State doctrine does not prevent courts from ruling on antitrust charges brought against foreign governments; and by authorizing the Department of Justice to bring lawsuits in U.S. courts against cartel members. This bill passed the House 345-72. You have threatened to veto this legislation.

Now this is interesting, the US is going to take OPEC to court. What do you suppose their reaction will be?

Lefty
04-23-2008, 11:59 AM
I read the other day that the oil co.'s make approx 8cents a gal on gas. The govt however makes approx 50 cents a gal. Who is gouging? Nancy, drop the gas tax! Congress has to do it, the pres hasn't the power.

46zilzal
04-23-2008, 12:41 PM
Oh those POOR POOR oil companies!!
About that same time, oil company profits were on the rise. ExxonMobil was raking in $10.71 billion in profits during the last three months of the year while the rest of us were looking for gasoline selling for less than three bucks a gallon.

For all of 2005, the world's largest publicly traded oil company reported the most profitable year in U.S. corporate history, earning $36.13 billion.

That is a profit that is larger than the economies of 125 of the 184 countries ranked by the World Bank.

ExxonMobil's profit increased 42 per cent from 2004 largely because of soaring oil and gas prices.

Since 1977, federal and state governments have collected more than $1.34 trillion in gasoline tax revenues in inflation adjusted dollars. That's "more than twice the amount of domestic profits earned by major U.S. oil companies during the same period," the Tax Foundation says.

http://www.consumeraffairs.com/news04/2006/02/exxonmobil.html

delayjf
04-23-2008, 12:58 PM
Oh those POOR POOR oil companies!!
About that same time, oil company profits were on the rise. ExxonMobil was raking in $10.71 billion in profits during the last three months of the year while the rest of us were looking for gasoline selling for less than three bucks a gallon.
True, but to put things in perspective, what are their total yearly revenues.
There are plenty of Corporations that have higher profit margins than the oil companies.

Tom
04-23-2008, 01:34 PM
How much of those profits are being re-invested? I understand libs have problems understanding fractions and percentages, but 8% is not a great number, especially when it is not rising. How much more are oil companies contributing to investors - you and me - you know, the economy?
You can't look at a single number in isolation. That is not economics.


If 8% is obscene, then the government tax take is 6 times more obscene.
The gov could easily cut back on taxes and bring down the price. Instead, thier plan to increase taxes will only drive the price up. If we don't like it, the oil can ALL be sold to China...every drop of it.

Why is there no mass transit in all of these "blue states?" Don't you guys hold them accountable, too? Why no whining about that? I can see the evil monster repubs states not caring, but there are a lot of blue states and cities out there - totally unprepared.

Should the government ration gasoline? Do you feel you have a right to unlimited use of oil and gas? What about the environment, what about global warming? High gas prices should be celebrated by anyone really concrned about global warming....unless they are phonies! Uh huh.:lol:

King Ritchie
04-23-2008, 03:06 PM
Maybe because they can't even figure out how to nominate someone in their own party to run for president.

jognlope
04-23-2008, 03:26 PM
They should do something like create the "Mobile health care fund" for the poor or do something for global warming. Schmucks.

chickenhead
04-23-2008, 04:04 PM
I'm all for drilling for new oil in ANWAR, but I want it added to our National Reserve. We can always use it later, oil and gas are always going to be valuable resources. It might come in handy actually having some, at some point.

We're going to have to reduce consumption of oil. Might as well start now, we've put it off long enough. The price of gas, if left to the market, will cause us to do just that.

delayjf
04-23-2008, 05:00 PM
Indeed,

And why not drill in the Gulf and partner with Mexico to develop their reserves and thus weed ourselves off of OPEC. Why not go to a national standard for gas instead of 26 different varients. And why not increase our refining capasity.

Fuel Cell cars are coming which will reduce our oil consumption. But it will take time to revamp the Gas supply infrastructure to meet US demand.

46zilzal
04-23-2008, 05:49 PM
Fuel Cell cars are coming which will reduce our oil consumption. But it will take time to revamp the Gas supply infrastructure to meet US demand.
Dream on. One of the largest local companies (Ballard Fuel Cells) report major bugs that will keep it theoretical for some time ahead.

There are still some MAJOR obstacles to overcome.
http://en.wikipedia.org/wiki/Hydrogen_vehicle

ceejay
04-23-2008, 07:21 PM
Are y'all in the oil buisness per chance?Not all of us, but I am.........

Lefty
04-23-2008, 08:33 PM
They should do something like create the "Mobile health care fund" for the poor or do something for global warming. Schmucks.
Give me a brk. They don't have to do a damn thing but run their business.
The poor can't be helped(as a group)there will always be poor; even after us spending over 6trillion on them, we still have poor. Does that permeate your skull at all.
Global warming is just the newest scare tactic of the left. As zilly would say, THE BOOGEYMAN!

wonatthewire1
04-23-2008, 08:37 PM
Now this is interesting, the US is going to take OPEC to court. What do you suppose their reaction will be?

who cares what they will react with - our oil is under their sand and they can't defend it - so kill 'em all

My GMC Yukon is thirsty!

;)

wonatthewire1
04-23-2008, 08:44 PM
I read the other day that the oil co.'s make approx 8cents a gal on gas. The govt however makes approx 50 cents a gal. Who is gouging? Nancy, drop the gas tax! Congress has to do it, the pres hasn't the power.


forgot the 1 in front of the 8?

There margins aren't unbelievable but as we used to say as waiters in college - "how do we make it? volume! - the more people you get in, the more you make"

hey, it was low-end

linky for an article comparing Exxon/Mobil to some tech companies:

http://www.techvat.com/5-tech-companies-more-profitable-than-exxon-mobil.html

chickenhead
04-23-2008, 09:27 PM
I read the other day that the oil co.'s make approx 8cents a gal on gas.

forgot the 1 in front of the 8?

that's actually 0.18 cents on a dollar, not on a gallon. So for Lefty's question, it's more like 0.70 a gallon.

Fed tax is 0.18 cents per gallon. About 5%.

prospector
04-23-2008, 11:57 PM
didn't the gov pay billions many years ago to produce synthetic oil? costs under $60/barrel....i think i heard someplace the gov is using it for the military...how come the public can't use it? we paid to create it..i'd hate to be buying a new car in these times..could be outdated in mere years once "they" decide what our new standard will be..

46zilzal
04-24-2008, 12:00 AM
who cares what they will react with - our oil is under their sand and they can't defend it - so kill 'em all

My GMC Yukon is thirsty!



The exact stated status of the imperialist: APPROPRIATE BY FORCE.

riskman
04-24-2008, 12:31 AM
Oh those POOR POOR oil companies!!
About that same time, oil company profits were on the rise. ExxonMobil was raking in $10.71 billion in profits during the last three months of the year while the rest of us were looking for gasoline selling for less than three bucks a gallon.

For all of 2005, the world's largest publicly traded oil company reported the most profitable year in U.S. corporate history, earning $36.13 billion.


The Dept of Defense have thus far had overruns exceeding $295 billion, but a congressional committee decides to focus its oversight inquiries into oil company profits. It figures. The fat cat bureacrats are shoveling billions (or even trillions) of dollars into the pockets of its favored "contractors." and everyone sits idly by in never never land.

hcap
04-24-2008, 06:21 AM
Rep. Peter DeFazio (D-OR04)

"Now, there’s a few things we could do. Now, the president’s a big free trader, right? He’s trying to push us into more free trade agreements. They say they work great. He wants “rules-based trade.” Well, we’re in the WTO, they have rules. The rules say you can not restrict the supply of a commodity simply to drive up the price. That’s what OPEC’s doing. Now five members of OPEC are in the WTO. Will this president – the oil man –- the friend of the Saudis and the others – will he file a complaint in the World Trade Organization against OPEC? No. I wrote to him three years ago, asking him to do that. The answer was no. If the Saudis and the OPEC countries want to get together and collude to drive up the price of the oil, that’s just fine with George Bush. He’s all for free trade, and rules-based trade, except when the rules might hurt some of his buddies. And then, the oil industry just piggy backs on top of that."

.................................................. .............................

Democrats Press Solutions for Rising Gas Prices
April 23rd, 2008 by Jesse Lee

The price for regular gasoline reached a record $3.53 per gallon today – 23 percent more than this time last year and 140 percent more than when President Bush took office. The Democratic-led Congress has passed a number of key bills to reduce the burden of rising gas prices on Americans and make America less dependent on foreign oil – but the President has threatened to veto each one. House Democrats call on President Bush to support House-passed legislation such as the No Oil Producing and Exporting Cartels (NOPEC) Act, The Energy Price Gouging Act, and the Renewable Energy and Energy Conservation Tax Act and bring real relief to America’s families and businesses now. The House discussed these bills today on the floor."

jonnielu
04-24-2008, 06:46 AM
Oh those POOR POOR oil companies!!

Since 1977, federal and state governments have collected more than $1.34 trillion in gasoline tax revenues in inflation adjusted dollars. That's "more than twice the amount of domestic profits earned by major U.S. oil companies during the same period," the Tax Foundation says.

http://www.consumeraffairs.com/news04/2006/02/exxonmobil.html

Maybe the democrats should tax them (us) a little more. Wouldn't it be something if the ignorant people that vote democrat ever figured out who pays the taxes?

jdl

JustRalph
04-24-2008, 08:42 AM
didn't the gov pay billions many years ago to produce synthetic oil? costs under $60/barrel....i think i heard someplace the gov is using it for the military...how come the public can't use it? we paid to create it..i'd hate to be buying a new car in these times..could be outdated in mere years once "they" decide what our new standard will be..


http://www.syntroleum.com/main.aspx


here you go. at a buck a share............. you could buy in.........pretty easy

Tom
04-24-2008, 09:11 AM
Gas here, up 3 cents sicne yesterday, then 2 more cents since this morning.
When it hits $4 a gallon, I register as a democrat and quit my job, sign up or welfare and food stamps. I think I come out ahead that way.:p

Marshall Bennett
04-24-2008, 10:45 AM
Gas here, up 3 cents sicne yesterday, then 2 more cents since this morning.
When it hits $4 a gallon, I register as a democrat and quit my job, sign up or welfare and food stamps. I think I come out ahead that way.:p
.... or move to Detroit , join a gang , and rob gas stations . :p

Lefty
04-24-2008, 11:22 AM
h'cap, the little article you posted about what dims want to do about gas prices sure sound like tax increase measures. Any tax increase is always passed on to us pipples, some solution. Congress needs to get together and agree on drilling everywhere in this country that's feasible.

jballscalls
04-24-2008, 11:33 AM
I heard they are trying to invent ways to get air to power cars now??

Lefty
04-24-2008, 11:41 AM
All kinds of things are being worked on, but until something practical and affordable comes along, we need oil, or nuclear power, but the same factions that cry the loudest about oil prices are the same ones against drilling domestically and nuclear power.

jballscalls
04-24-2008, 11:53 AM
All kinds of things are being worked on, but until something practical and affordable comes along, we need oil, or nuclear power, but the same factions that cry the loudest about oil prices are the same ones against drilling domestically and nuclear power.

Let me guess the left???

The problem with the air car is all the good air is in the middle east!

46zilzal
04-24-2008, 12:01 PM
Let me guess the left???


This is the answer to all the world ills according to that source.

delayjf
04-24-2008, 02:03 PM
If the Saudis and the OPEC countries want to get together and collude to drive up the price of the oil, that’s just fine with George Bush.
The Saudis and half of OPEC are not members of the WTO. neither is the 2nd leading exporter of oil outside of OPEC - Russia.

toetoe
04-24-2008, 02:36 PM
chick, you must mean .18 DOLLAR, or 18 cents. Just clarifying. :)

chickenhead
04-24-2008, 02:58 PM
damn decimals.. :bang:

Lefty
04-24-2008, 08:21 PM
zilly, ok, where's the commmonsense gas plan that Pelosi said the dims had two yrs ago and all we had to do was elect them. They done been elected and we're waiting. The truth is the truth. If it hurts you socialist typs, well, i don't care. No I don't, no i don't, no i don't...

Tom
04-24-2008, 09:37 PM
Nancy and Harry said a lot of stuff BEFORE the election.

They have not delivered.

Lefty
04-24-2008, 10:37 PM
Gas has went up a 1.19 a gal and climbing since this dem congress has been elected.

46zilzal
04-24-2008, 11:03 PM
Gas has went up a 1.19 a gal and climbing since this dem congress has been elected.
and since the rutabaga started meddling in the Middle East with an unprovoked war.

Lefty
04-24-2008, 11:39 PM
zilly, no that's not right. The war's been going on for what, 5 yrs or more. BUT gas has only went up 1.19 SINCE the dims have been elected to congress. Besides that, you Bush hatin, capitalist hating slow study; the war was provoked. Don't know how many times i have to tell you that, but you won't get it cause you don't want to get it because it doesn't fit with your hate agenda. There ya go, BUDDY.

46zilzal
04-24-2008, 11:50 PM
Provoked? ALL evidence to the contrary.

How can I hate anyone as stupid as the rutabaga? He's so pitifully out of touch he is always good for a laugh.

Lefty
04-25-2008, 12:19 AM
zilly, i don't know how you can say that without your nose growing. He broke 18 sanctions over a 10 year period. He shot at our planes. He funded families of Homicide Bombers. I'd say that was provacation. But we've been through this many times and you keep on with the same mantra. Tiresome.

46zilzal
04-25-2008, 12:21 AM
Never once was the impotent little clown a danger thousands and thousands of miles away. NEVER worth 4000 dead and billions wasted.

Lefty
04-25-2008, 01:08 AM
That wasn't the worlwide intel, now was it? It's easy to sit in your little ivory tower and be a monday morning quarterback, now isn't it?

PaceAdvantage
04-25-2008, 02:32 AM
Damn it! The AMERICAN DEMOCRATS IN CONGRESS MANDATE OF 2006 has brought this country nothing but a huge increase in gas prices!

Hell, just in the past few months, it's been out of control, and I blame it fully on those in control of Congress (Democrats). Just tonight, a station in my neighborhood had Ultra at $4.22 a gallon!!!!!

Thanks a lot Democrats. How's that mandate working out now?

(No, I really don't blame the Democratically-controlled Congress for the huge increase in gas prices. I'm using the same tactics the left would be using if in fact Congress were still controlled by Republicans....)

Lefty
04-25-2008, 02:56 AM
Well, before they were elected they did say they had commonsense solutions. Where are they?

Tom
04-25-2008, 07:30 AM
Itwould almost be worth it to see Hillary elected, just to watch here smack Bin Losi out of her way! :D

Bin Losi was on Larry King last night and he asked her about that very thing....she danced and lied and blamed Bush.

jballscalls
04-25-2008, 11:34 AM
At Portland the Equibase guys are next door to me, and one of them is a HUGE Lib and the other a HUGE righty, and they sit and fight and argue all damn day. So the libby took a picture of her and locked it onto the righty's computer wallpaper LOL

JustRalph
04-30-2008, 01:21 AM
George Bush was accused of being out of touch on Gas prices and it hit the news everywhere. Why are we not seeing this one..........

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