Posted on 06/25/2008 8:53:31 AM PDT by Fox_Mulder77
"There are no short-term answers. And I know that there's going to be long-term pain. I predict to you that gas prices will be as much as $5 before the end of this year and they will go to $6 at some point next year," he said during an interview with reporters and editorial writers at the South Florida Sun-Sentinel.
"When they go to $6 it will fluctuate between $5 and $6 and more for some time to come. That's the harsh reality no matter what law we pass," he said.
"I get tired of hearing people, politicians, friends of mine, Democrats, Republicans, liberal, conservative, all of them telling you they have the answer," said Hastings, serving his eighth term in Congress. "There ain't no answer, OK? ... All the talk is feel good talk."
(Excerpt) Read more at weblogs.sun-sentinel.com ...
A real voice of knowledge and wisdom.
Of course they see no fix, otherwise, they’d be fixing it.
I was just listening to a guy on the radio that said it it cost $7000 up to reopen capped oil wells and start pumping oil. He said that a million barrels could be added to the supply in months if they could get the money. SBA calls the wells speculative and will not loan the money. Congress could act and release money but they will not do that either.
Bush has been the architect of the weak dollar policy, so it is tough to blame the dems on that one. We need to start reversing the dollar trend, which Bush could do if he made it a priority. But drilling more and building nuclear power plants might not have an immediate effect on supply, but it would have an immediate effect on price as it would help deflate the bubble.
blah blah blah, no answer, blah blah blah
I disagree. There is a solution. Take away the gas cards and make Congress pay for their own gas to go back and forth to work like the rest of us have to do.
The Gov wouldn't be getting much tax money to buy votes with.
OR, they see the fix, but don't want to fix it, which I think is the much more likely scenario.
Drill Here, Drill Now.
Isn’t Hastings a crook?
:)I love humor in the morning. :)
they don’t want to fix the problem.
he’s just another moron spouting more greenhouse gases.
Alcee’s answer to high gasoline prices: Get a horse!
What a dork.
You’re absolutley right. Too bad the Republicans have been behind much of the dollar’s devaluation. The fact that Republicans have spent like crazy and not capitalized on this oil issue spells political suicide. It’s a golden opportunity that is more importantly the RIGHT thing to do and they stand back and occasionally offer lip service.
Yes, he’s as intelligent as a box of rocks.
You are right. Those Communists in Congress don’t want to fix the problem — they want this country to collapse so that THEY can pick up the pieces and rule like complete dictators. Before we can deal with the energy crisis, we need to deal with the Communist crisis.
Exactly. It’s so unfortunate that Republicans have sold us out on the dollar, spending, and oil (not to mention illegal immigration and a lot of other issues).
Now that is a good idea. A fuel usage credit. That would perk up their ears wouldn’t it?
Why would a whole group of people, people that have to pay bills and consume energy like everyone else, not want to fix it? That doesn’t make sense.
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