RosieC's Blog

Obviously Rosie, you'be been drinking too much kool-aid from the DNC's talking points and it gives you fuzzy-headed logic.

The reason the oilcos are not drilling on blocks already leased is due to reprocessing of seismic data and receiving an indication that the prospect is not as good as it was once thought to be. Or, having leased six or so contiguous blocks (a formation) and having drilled a couple of dry holes they've decided not to waste more money drilling dry holes on the rest of the blocks.

I don't know where you've been hiding, but we do get some oil from Venezuela, however the pizza-faced dictator that runs the show has withdrawn his oil from the US market.

And yes, it does change hands several times between the well and the pump because the oilcos are not a self-contained supply chain.

CHICKenkiller lol you a real "" "" the big oil companies are not going to spend a dime on anything ! big business has ruled this country for the last 50 yrs =not the pres or the congress which by the way are like my hubby says pupets an it don't matter who is pres he wuill do what they want when they want The big oil companies have just about killed the economy thats why the prices droped l==Look as my hubby says beat the heck out of the golden goose if you must but don't kill it kill it you go broke !! try looking for the real reasons niot the one posted in papers etc.. on the websites or don't the ol adaage stand belive nothing you read an only 1/2 what you hear!!!! thanks mrsdad513 while i still have the net coonetion

HELLO!! People wake up! It is the political year. This happens all the time! I put up a blog a while ago about political manipulation.

Our economy suffers every time we have to vote in a new president. Demo's want to make Repubs look bad and vice versa!

Things will fall back into place soon. While the American Citizen panics about the economy, the politicians continue to play their game and laugh all the way to the bank....

Sit back and relax, things are already starting to push forward. Just remember to have a hefty savings account four years from now! LOL

Rosie, you go girl!

DNC talking points, indeed. Bush and his ultra-right-wing Republican friends could say the Earth is flat and chickenkiller would believe it. Those on the far right are so out-of-touch as to be impossible to reason with, so why bother?

But most of us here get it. It's as obvious as the sky is blue. Most of the comments are right on - mrsdad has it right - the oil companies almost destroyed our economy, and learned that's as high as they can take gas prices. They now know the upper limit of what we'll pay in the summer.

And they must rape us for more profits now before they may face an unfriendly Administration and Congress who may make them actually pay their fair share of taxes again on their profits, and may not cave in to their every demand. So they must rape us while their close friend and business associate Bush is in there.

Remember, we still have Labor Day to go. They say world oil prices cause our high prices. Well, yeah, somewhat - but how will that explain the coming price spike for Labor Day? We all know it will go up, "coincidentally" of course, just before the holiday, regardless of world oil prices.

Here's another logic buster for the pro-oil conservatives. If we are so dependent on foreign oil, and need so badly to drill for more here, then why does every storm and hurricane approaching the Gulf mean more rising prices because of the "disruption" in supplies? Disruption of what supplies? They say with one breath we don't make enough of our own oil, then in the next breath say we make enough that shutting it down h

Rosie, Puerto Rico is not part of the United States. It is a United States possession, but, it has an independent government. They only depend on the United States for their welfare money.

Jim. Sorry! I didn't mean that it was a state.I know it is a possession.

ALL
Price of local gas here is $3.40 per gallon. Diesel is still over $4.00. Dropped some 30 cents in a matter of 2 weeks. Oil on the market is dropping also.
Reason?
Probably due to our refusal to buy the d... stuff at inflated prices. Drive less, car pool, and the demand at the pump goes down. Supply and Demand. Add to that the influence of the jawboning on the MSM about oil specululation, CEO wages, ad nauseum and oil prices are impacted.
Solution?
Drill ye terriors Drill, as the song goes. Note Mr T. Bone Pickets ad. Strong on solution, probably weak on premise. At least, one individual is putting his money where his mouth is. We could all take a note from a successful entreprenuer. Conservation, simple things like shutting down unused room AC, lights, and weather proofing doors will help. We all can do a little and this adds up.
My Opine.
The Oil Crisis, small ones and large ones, will be the driver for our economy for years to come. We have Oil and the By Products so ingrained in our system, that a minor fluctuation causes seriour nerve pain across the board. It is time we take a serious look at the way we use the oil, not just the automobile side, but all uses.
end