Just Blame Big Oil? Hell-No!

Yesterday, the Senate Republicans voted down a bill that would have taxed the Oil companies on a Windfall profit tax. Well, it appears that at least some of the Reds in the Senate still have a pair.

What is the fasination with blaming Big Oil? I constantly hear the liberal left leaning media banging the Bush Administrations association with Big Oil drum. OH NO!

Let me ask you this? Has B. Huessein Obama stated that he will help the Oil companies? How about his stance on the Arabs and OPEC? The answer to these questions is NO and his current stance on OPEC is that he wants to sue them.

Really? I mean really???

What does that to produce more oil? Answer: nothing.

People this is a supply and demand thing. More people are using more oil everyday. Countries like China and India are no longer going to settle for rickshaws and magic carpets to get around. Their economies have grown exponentially. Therefore, in countries whose combined populations amount to over 2 billion people, you could expect demand to increase. Right?

Has production increased? Answer: NO.

In fact, it has remained stable at the same amount for the last couple of years. Why?

Answer: In different areas of the world, the governments are regulating or entirely taking over the oil production. In the last few years this has happened in Russia, Iran, and most recently Venezuela. With that said, let me propose this query, " If these govt.'s took over oil production, then who did all the work before they took it over"? Answer: the good ole' US of A.

Will those countries produce more now that we have been kicked out of the country? No. It is in their benefit not to produce as much. Right?

So. Let's get focused and put our energy into the right thing. Production.

Lets drill for more. It is my belief that when we are paying over $5 a gallon, ( probably next week ) then even the greenest of the greenies will have to change their tune.

Because as of right now. The environmentalist are the only happy ones right now.