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Tchocky · 07-09-08, 09:46 AM

Well, I know the Energy Independence Act raised fuel economy standards, which is a roundabout way of reducing real prices. As is improving efficiency in energy usage, means there's more to go around.
Then again, the press release is more a piece of politics than a plan, contradictory in the extreme. Also, the idea that a single government can reduce gas prices is ridicuous.
EDIT - As I look at it, a few of the things in the statement were parts of the ACt not enacted - Link

August, Skybird is correct. The idea of lots of oil just sitting off the coast, waiting to be sucked up, is misleading. Example. Remember that's 50 cents per barrel, not per gallon.

EDIT - Expanding the idea of offshore drilling, Dean Baker has run some numbers. 8 cents per gallon

Either party tells you they'll lower gas prices, they're lying.

07-09-08, 09:46 AM	#5
Tchocky Navy Seal Join Date: Jul 2004 Posts: 5,874 Downloads: 6 Uploads: 0	Well, I know the Energy Independence Act raised fuel economy standards, which is a roundabout way of reducing real prices. As is improving efficiency in energy usage, means there's more to go around. Then again, the press release is more a piece of politics than a plan, contradictory in the extreme. Also, the idea that a single government can reduce gas prices is ridicuous. EDIT - As I look at it, a few of the things in the statement were parts of the ACt not enacted - Link August, Skybird is correct. The idea of lots of oil just sitting off the coast, waiting to be sucked up, is misleading. Example. Remember that's 50 cents per barrel, not per gallon. EDIT - Expanding the idea of offshore drilling, Dean Baker has run some numbers. 8 cents per gallon Either party tells you they'll lower gas prices, they're lying. __________________ [SIGPIC][/SIGPIC] Last edited by Tchocky; 07-09-08 at 10:08 AM.