Gas and Oil Woes

Gas topping 3.00 a gallon. No slowdown in sight. This wikizine explores alternatives to the madness that is Petroleum based products. We welcome alternative energy type thinkers as well as Big Oil Fatcats. Environmentally friendly and the fiscally responsible need to sit down and figure this stuff out sooner rather than later. Why not start here?

Write an Article

Join

RSS

The Clock Is Ticking…

Written by sbraccia on

From: blogs.wncn.info

Congress has just under two weeks of work left— before it goes on recess till September.

While our elected representatives get ready to go play—the average American continues to struggle with the high price of gasoline and its effects through-out the economy.

Still to come out of the halls of Congress—any sort of relief from the gas price burden facing Americans.

Lawmakers are looking at measures that could reign in speculation—which some experts say could drop the cost of gasoline by two bucks a gallon.

As you can read here—the haggling over allowing drilling may doom the speculation bill as could intense lobbying pressure from Wall Street.

If congress adjourns without doing anything about gas prices, we are pretty much right up against the election by the time they return.

Some believe there is no real will in the Democratically controlled Congress to do anything BEFORE the election to insure a Democratic sweep in the fall.

Is the speculation bill the solution to all our problems?

No.

It’s only a small part of a vastly complex energy situation.

But, it will help many in the short term—and right now—those who are hurting need all the help they can get.

—Steve

Link to the video and the story Steve covered today on NBC-17

Click on this map to see details on where readers are located

KudoSurf Me!

Blog Information Profile for instanteye

Recent Readers to Between The Lines via KEOTAG

View Entire Community
Provided by MyBlogLog

This entry was posted on Tuesday, July 22nd, 2008 at 2:27 am and is filed under congress and gas prices, oil speculation, ANWR drilling, high oil prices, oil prices, High Gas Prices, oil company profits, Steve Sbraccia. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

	Yamaha Tesseract causes some stir at the Tokyo Motor Show Imagine driving one of these to work everyday!
	Ferrari Enzo, Is the second most expensive car worth it? With these doors (and this car) you're sure to get noticed.
	One millionth Toyota Prius sold! If it's good enough for Leonardo DiCaprio, it's good enough for me.