Barb’s Blog

“You should be happy your gas is $4.00 a gallon, some of Europe pays twice that.”

It is often said and yet there is an error in this logic. Much of Europe has an amazing connection of transport that makes cars unnecessary. Many can roam about comfortably and never own a car. In many cases, a car is pure luxury. This is not so where I live, and without the convenience of a metro or a bus route, I don’t have options other countries have.

Yesterday, President Bush lifted an executive ban on offshore drilling. This doesn’t solve our problem however, as it is now put in the hands of our lazy, do nothing, democractic Congress. (Let’s not forget their leader Pelosi’s promise that the democrats had a plan to bring down the skyrocketing price of gas). To quote something my 14 year old daughter would say, “What a loser.”  Don’t you love how blunt youth can be?

 Bush says offshore drilling could yield up to 18 billion barrels of oil over time, although it would take years for production to start. Bush also says offshore drilling would take pressure off prices over time.

Well, what do you know, no sooner had Bush made the Rose Garden speech, crude-oil futures for August delivery plunged $9.26, or 6.3 percent, almost immediately as Bush was speaking, bringing the barrel price down to $136.

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