Solving the Oil Dilemma

Beside blaming speculators I reccomend the envoromentlist too share some of the burden.Why? they don't care if the man or woman on mainstreet suffer due to thier fail policies. They should realize the public tide and sentiment has turned on them. The high price of oil is effecting the economy in so many ways. Now the truth be told that the govermetn lease land which some leftie Democrats proclaim didn't have any oil. Does Senator Harry Reid or Speaker of the House Pelosi care about how much their constuitents pay at the pump? I doubt it. President Bush is right on the mony on the drilling issue. Senator Obama has't presented in any short term solutions for the problem. Taxing in this unpredicatble economy isn't the answer. Now how many struggling businesses are going to close due to high gas prices or becouse that business that can't pay the high bill that puts its debt and in the red. How many small struggling businesses with it take generate a real wakeup call. Pelosi and Reid should look in thier own backyards and see how thier own constutients are hurting.

WE NEED TO TAP IN ON OUR OWN OIL SUPPLY!! we as AMERICANS are depending on other people to give us our own basic supplies. WE ARE IN A WAR right now..our wonderful Congress is "protecting us" and is "allowing" us to have what WE NEED. Our Wonderful Congress will throw the "blame blanket" on everybody possible oil company in the world. If they are keeping an eye on our money..who is keeping an eye on their money? RIGHT TO YOUR CONGRESS.. we need to Tell them to leave the companies alone!! tell congress to make laws for lawbreakers..not making laws to fill their pockets. Corn is to EAT..NOT RUN A CAR!!

This way off in the future drilling will have NO effect on OPEC prices, the only way to unilaterally reduce prices is to ignore the real world, European consumption, India & Chinese growth. It is like discovering a gold mine and putting it into production, does one value it at cost of production (like regulated utilities) or the market price in the real world. The US can NOT influence real prices in the short term. It can remove tariffs on efficient Brazilain ethanol, demand payment for security services from Saudi and Iraq (hundreds of billions per year), impose windfall taxes on american oil companies that do not re-invest in more efficient transportation, or invest in third and second world energy efficiency.

Anyone who does not realize that increasing supply of any commodity will decrease price of that commodity does not have the credibility to speak to any economic issue. Obama shows a second layer of ignorance by saying drilling more will not "immediately" solve the problem. Speculation is part of what determines the immediate price of oil. Speculation is a game that rewards those who guess whether the price oil will rise or fall. If speculators know that the US is aggressively going after more supply of currently available oil deposits, and developing the know how to retrieve supplies we can't currently extract, like oil shale, we would see "immediate" price relief due to fewer speculators betting on price increases. It is not just drilling democrats are wrong about. Our power grids could safely, with very little pollution (no carbon footprint), and completely from domestic know how and materials be run on Nuclear Power. The energy/oil/gas price issue is what will keep Democrats out of power when they should have easily won the White House and more control of the Legislature. Hurt American's pocketbook through political correctness and pay the price.

From my perspective any form of new energy will happen. Every year now Vanity Fair magazine puts out a Green Issue and thier reporters examine those involved in finding new forms of energy to abuses to the envoriment. I disagree with most of the left but when it comes to those inventers I commend them for thinking green and looking ahead. Though drilling upsets the left from an envorimental picture,take a look at a much larger picture. What will when the oil runs our? And this scenerio has been played out on the History Channel too. Even nuclear energy can solve a problem too. But look ahead what will when the oil really runs out? Will be barbaric like in Mad Max,the Road Warrior and Beyond Thunderdome? think about the future.

Hi Alexis I am counting on you, Fox Business, and Fox generally but especially you to keep the momentum going which is very helpful to getting the US to produce more oil. Especially I am in favor of President Bush's Wednesday address concerning oil and I like John McCain's speech on Tuesday relative to Oil. I like drilling on the outer continental shelf, I like producing more oil from shale, and I like the legalization favoring new refineries. I do not like, except in very rare exceptions the positions taken by the democrats on how to solve the high gas problems. I wish you would get John McCain back on your program and let him know that you and your viewers like the oil industry as I believe you are a very persuasive person. I especially like reading your "Letter to a Legend" and those parts concerning your background, your family and those paragraphs 2 and 4 about your family and your experiences growing up. You a real winner Alexis and business is in very dire needs of person/spokeswoman like.