On the day that Exxon Mobil reported that they earned $8.4 Billion in just the first 90 days of this year, we find that the Republican majority in the United States has begun talking out of both sides so their mouth. Today Senate Majority leader Bill Frist proposed buying off the American Public with the monetary equivalent of only about two tanks of gas, which we wouldn’t even get until August — if then! Why? Because with repeated attempts being thwarted over the years, he figures that a $100 per voter bribe attached to a congressional bill like a prime piece of pork would keep us from noticing that it’d also let the Big Oil companies drill in the Alaska Arctic National Wildlife Refuge.
Out of the other side of their mouth, President Bush is pushing us to conserve oil by seeking alternative fuels, even going so far as to propose stopping the pumping of oil into the Strategic Oil Reserves (a tiny drop of oil, compared to our daily use). Why? The oil reserves in Alaska’s fields have dwindled 75 percent. Big Oil needs to renew it from somewhere, and with the eastern Gulf of Mexico off-limits, that means the Alaska refuge needs to be plundered — fast, and before anyone notices. It’s common knowledge that if the Refuge were to be opened up for drilling, that oil would be shipped to China and India instead of the United States, meaning it wouldn’t help us at all! In other words, what Bush is saying is to conserve oil so that more can be sold in the Far East to help the Big Oil companies bolster their pitifully sagging bottom lines!
This looks like a bad “Bait and Switch” con to me. If that money is sent to us, which is doubtful because they’ll probably strike it down later after drilling is authorized in Alaska, it should come out of the pockets of the oil companies, not our treasury.
But of course, that’s only my opinion.Powered by Sidelines