So Republican Rep. Murkowski and other leading Republicans are pushing to lift the ban on the Koch Brothers exporting sweet oil crude to China. Which of course would lead to higher prices on gasoline in the US. But hey, if it makes the Koch Bros. richer at our expense, why not?
And along with this, new natural gas exports to other nations has been delayed because new terminals haven't been approved. This action keeps natural gas prices below market value. On one side, this is good for Americans, but on the negative side, Europe & Japan are unable to get enough of this low pollution fuel to power their economies and have had to go to coal after shutting down nuclear power.
So Dog, you support hoarding US oil? Instead of helping China decrease their reliance on dirty, native coal that has been poisoning their cities?
Thomas Sowell: There are no solutions, just trade-offs.
It would improve national security if we do continue to develop domestic energy sources. Strategic reserves can help weather periodic supply disruptions, example, when Libya erupted in civil war.
Thomas Sowell: There are no solutions, just trade-offs.
Something the Dog Said wrote: So Republican Rep. Murkowski and other leading Republicans are pushing to lift the ban on the Koch Brothers exporting sweet oil crude to China. Which of course would lead to higher prices on gasoline in the US. But hey, if it makes the Koch Bros. richer at our expense, why not?
That article is pretty short and doesn't give much info on the vast Republican push for thiis change nor does it mention that it's all to help the Koch bros. Do you have a more detailed article you could share?
Sen. Murkoswski has published an white paper that promotes the Republican point of view. She however fails to describe how decreasing the domestic supply would increase prices at the pump in the US. This is a high profile issue for 2014 that the Republicans are promoting so no doubt you can easily research the Republican point of view. However they fail to disclose how this would increase domestic prices at the pump. They also fail to disclose the effect on the domestic economy and jobs from this increased price.
As to the Koch Bros., their extensive holdings and profits from the domestic oil production is also well documented. Their holdings include koch pipeline that profits from distribution of crude oil from central distribution in Cushing OK to export facilities, and Koch Supply and Trading which trades crude oil internationally. They also own extensive crude production and drilling operations as well.
Their profits would increase significantly at the expense of increased pump prices in the US.
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown
Something the Dog Said wrote: Sen. Murkoswski has published an white paper that promotes the Republican point of view. She however fails to describe how decreasing the domestic supply would increase prices at the pump in the US. This is a high profile issue for 2014 that the Republicans are promoting so no doubt you can easily research the Republican point of view. However they fail to disclose how this would increase domestic prices at the pump. They also fail to disclose the effect on the domestic economy and jobs from this increased price.
As to the Koch Bros., their extensive holdings and profits from the domestic oil production is also well documented. Their holdings include koch pipeline that profits from distribution of crude oil from central distribution in Cushing OK to export facilities, and Koch Supply and Trading which trades crude oil internationally. They also own extensive crude production and drilling operations as well.
Their profits would increase significantly at the expense of increased pump prices in the US.
I realize I can spend all kinds of time researching the point you are trying to make. However, I'm not interested enough to waste that much time and would hope that since you brought this subject up, that you would also provide the sources for us to discuss. And just because someone you don't like benefits from a policy, that doesn't necessarily mean the policy is bad. But without more facts and details, I can't make that determination nor do I have the desire to spend that time looking.