China and India have been in an economic boom for awhile now and their economic activity has put pressure on the oil supply market. That accounts for some of the price of a barrel of oil, along with Wall Street speculators. The Iraq war and a hostile Iran puts even more pressure on oil prices. But the major reason that oil prices are exploding upward today is the American consumption of oil products, we’re the largest consumer of oil.

Now let’s investigate the major, major cause of oil prices and especially the cost of a gallon of gas at the pumps. American consumption is at the top of the list. Our desire for large gas consuming vehicles and our desire to live in suburbia and drive longer distances to work and vacation plays a major roll. However, taking all of that into account, doesn’t negate the fact that America also has even a larger oil reserve than Saudi Arabia underneath our land and coastal authority. Fact is, 80% of that known reserve has been placed off limits by government that has been lobbied by the left to preserve coastal beauty, spotted owls, caribou, polar bears, trees, birds, national parks and any number of other mammals, animals, vegetation and whatever.

The left also has lobbied and succeeded in getting government prohibitions on any and all new nuclear power plant construction, any new clean coal burning plants and even any new oil refining facilities in the United states, causing oil to be our major, major resource for energy supply and guaranteeing that oil exporting nations such as Saudi Arabia, other middle eastern countries and others have the ability to hold America hostage over our energy supply and demand outrageous prices for same.

If there’s any single collective mostly responsible for the price of a gallon of gas at the pumps today in America, it’s America’s political left. And just think, through out stupidity, we just returned them to the control of Congress and most likely are about to extend that control in even larger numbers and most likely even the White House. I don’t know about other folks, but when somebody breaks something that belongs to me, I never, ever hire him/her to “fix” it.

I wouldn't completely blame the left. It's both sides. They're totally out of touch with the citizens, and refuse to stop raping the #1 world commodity for tax money.

Furthermore, they do an excellent job in misdirecting Americans into how the oil market works. They prop inflated numbers up, and then don't explain them, so Joe Ignorant can jump to his own conclusions, which are usually wrong.

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Member action dictates Moderator REaction.

No, it's the left and purely, wholly and thoroughly... THE LEFT.

The problem is and you'll notice that the majority of support for the left is found in the children; this setting aside the fact that leftist on the whole are children, intellectually speaking; but the kids do not have the benefit of perspective to know that leftism fails and given the infiltration of the GOP by the independent, moderate, secular progressives... they simply don't have the tools necessary to make a sound decision.

So, as a result, history is doomed to repeat itself, simply because the lessons learned by one generation must be learned by the next and the next.

Exactly.

Exactly.

Bull. Saudi Arabia has over 12 times the proven oil reserves that the U.S. has.

...price of gas at the pumps?

...price of gas at the pumps?

"American consumption is at the top of the list."
-Jack

ROFLMNAO...

So this is supposed to be doing what, Jack? Blaming the US economic engine on the price of fuel?

You seem to be forgetting the other half of the equation and that is supply and there is no force on earth that has done more to reduce the supply of available crude and facilities to process it as well as facilities to provide electirical energy, than the ideologiclal left; and they've done it through the environmental farce, which has always been nothing except anti-Capitalism...


BTW the report you site doesn't take most of US crude fields into account. But ya did the best ya could.

Jack seems to be blaming the price of gasoline on liberals but "American consumption is at the top of" his list. And after all, without demand, supply would be irrelevant.

I haven't forgotten supply (I imagine Jack hasn't either) however, you are and will continue to completely dismiss demand; without which supply would be completely irrelevant.

BP's table of proved oil reserves (2007) takes into account oil quantities that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operating conditions.

Are there others that aren't included in that table? List them.

It is all the Right's fault!

We can always go back to the horse & buggy days and riding bikes to work and vacations and the grocery store. Consumption is based on the “standard of living.” The higher the standard of living, the higher the consumption of every product and service, ENERGY is not exempt from that equation, as a matter of fact it’s the first and most important example in the equation. To argue that America uses too much oil, is to argue that America is too successful economically. Then you need to explain how that’s even a possibility or needs to be a consideration. We consume too much oil because we’re too successful? No! We consume too much FOREIGN oil because “THE LEFT” has lobbied the prohibition of “OUR” oil and other technologies such as nuclear and coal.

When the “LEFT” condemned America to a major reliance on oil as it’s MAJOR source of energy, by lobbying the prohibition on nuclear and coal fired electric power plants and manufacturing facilities, they in effect handed the foreign oil industry the goose that laid the golden egg. To add insult to injury they, (the left), managed to lobby prohibition of 80% of America’s known off-shore and on-shore oil reserves, in effect guaranteeing that oil exporting nations other than the United States would have the advantage of holding America hostage to major price increases for their oil and in effect guarantee today’s prices for gasoline at the pumps.

Thirty and forty or more years ago the left argued in Congress that we couldn’t “drill” our way out of our gas line crunch, and the left has argued that insanity ever since. If we’d have “drilled” then, and continued our nuclear construction and clean coal technology, I predict that the price of a gallon of gas at the pumps today would be around $1.50.

We have the oil reserves, every major oil corporation has testified to that as fact. We have “safe” nuclear technology and “clean” coal burning technology, but “THE LEFT” refuses to acknowledge any of that and continues to argue the insanity that we can’t drill our way out of our energy situation today. Of course we can’t do it “TODAY”, but we better get started soon or it’s gonna get a whole lot worse before it ever gets any better, and the “LEFT” is the road block.

Ethanol, wind, solar? Yes! But as only PART of the equation until those technologies and others can be perfected and “cost effective.” The solution is there for us if the LEFT ever gets out of the way.

Jack please supply evidence about the 80% number its very interesting. Also about the no more nuclear power facilities.

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Left sucks! so visit our new group! Obama is a Joke!

The 80% figure was brought up at the Congressional hearing with the oil executives and never reputed by any congress person. I have also seen that same claim made several times on C-Span by oil industry connected guest and again, never disputed by anybody in government that I’ve ever seen. It was also claimed there by the oil kings that they are reasonably sure that within America’s coastal authority and land mass there may well be and most likely is more oil than Saudi Arabia has, that claim has no way of being proven since most of America’s off shore and on shore locations are even restricted from testing for oil, by the LEFTIST politicians and the environmental LEFT I might add.

The no new nuclear facilities situation is self evident, we haven’t built a new nuclear power plant in over 30 years. Who lobbied for that prohibition? It surely was the environmental LEFT, was it not?