Bush Lifts Drilling Moratorium

[peejay 327]

peejay, just look at the OP of this thread - Bush lifts drilling moratorium....not Congress, not SCOTUS....Bush. And while he can't simply lift the ban himself, he's playing political hardball with Congress to make them out to look like the bad guys to the voters if they don't approve lifting the ban. Americans feel the pinch at the gas pumps and they want to see some kind of action taken. That's when real leadership has to take place. Real leadership would say to the American people, "You're going to need to tighten your belts, because the days of abundantly cheap oil are over. We can't simply drill our way out of these problems, but we can significantly reduced our consumption by taking some steps like tighter regulations on fuel efficiency."

how brilliant! and for every person that thinks that's a great idea, 10 more would condemn him for not doing something about it. overall it's political suicide.

let's see if your boy obama provides us with some "real leadership" and tells america to suck it up.

Who? The rock star that can do no wrong and promises everyone everything while giving no details how it will be done. Mr. Pander himself. Just vote for me and I'll cure the world.

The American people are in for a rude awakening if this guy gets elected along with a Democratic congress. That's when the "buyer's remorse" will hit the public like a ton of bricks. The American people really do not want what the far Left liberal wing of the Democratic party wants to impose on us. The only reason they have gotten this far is because Bush is such an incompetent #### up. Otherwise it would be another John Kerry / Jimmy Carter moment in history.

I'd much rather see the president and congress be of different party make-up. It limits the damage created by these fools.

BTW. I'm not exactly too hip on that idiot Juan McAmnesty either. At this point I'm not even sure if I can keep the vomit down to vote in this election at all.

[w¡n9Nµ7 §£@¥€r 123]

Bush ... called on the Democratic-run Congress to follow his example and lift a ban on offshore drilling to help increase domestic oil production.

"I readily concede it won't produce a barrel of oil tomorrow, but it will reverse the psychology," Bush told a White House news conference.

http://www.breitbart.com/article.php?id=D9...;show_article=1

Asked about his comment earlier this year that he hadn't heard of $4 gasoline, Bush said: "I've heard of it now."

http://www.breitbart.com/article.php?id=D9...;show_article=1

[w¡n9Nµ7 §£@¥€r 123]

Oil Sinks to Near $138 on US Economic Worries

Oil tumbled by about $7 to near $138 a barrel in volatile trading on Tuesday on profit-taking driven by technical factors and as fears receded that a strike by Brazilian oil workers would hit supplies.

"This is largely profit-taking run amuck. There is no real hard news that you can tie this to. We have seen fundamentals weakening progressively month after month and the fall in the stock market calls our attention to that," said Tim Evans of Citi Futures Perspective.

[Ban Hammer 13,352]

BTW. I'm not exactly too hip on that idiot Juan McAmnesty either. At this point I'm not even sure if I can keep the vomit down to vote in this election at all.

i feel your pain too.