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Senate Majority Leader Harry Reid (D-NV) made the following statement today after the U.S. Senate passed a provision by a 97-1 bipartisan vote to suspend filling the 97-percent-full Strategic Petroleum Reserve (SPR). This move will add 77,000 barrels of additional oil to the market daily:
“Democrats today led the charge against one of the root causes of skyrocketing oil and gas prices. Instead of hiding barrels of oil in the nearly full Strategic Petroleum Reserve, we want to put them on the market to increase supply and lower prices. It is a good first step, but with oil and gas prices continuing to break record highs every day, much more needs to be done. Republicans must abandon their shortsighted strategy of ‘drill, drill, drill’ and join us to pass the rest of the Democratic energy bill that puts consumers first, forces Big Oil to pay its fair share and invests in renewable energy.”
This schizophrenic statement by Harry Reid both acknowledges the laws of supply/demand and ignores them. First Reid congratulates himself and Democrats for adding oil to the market to "increase supply and lower prices" (while ignoring the fact that Republicans unanimously agreed), but then he turns around and excoriates Republicans for what he call their "shortsighted strategy of drill, drill, drill".
I'm not sure where Harry Reid thinks the world oil supply comes from, but I'm almost certain that it comes from that "strategy of drill, drill, drill". Perhaps Reid thinks it comes from the Oil Fairy, I can't be sure, but whatever he's thinking, he's out to lunch.
And now for the rest of the story.
Also today, Republican Senators Mitch McConnell (R-KY) and Pete Domenici (R-NM) put forth another provision for a vote, one that would have opened up a small part of the Arctic National Wildlife Refuge (ANWR) for drilling and expanded offshore oil drilling as well. ANWR alone is estimated to produce 1,000,000 barrels of oil per day (for Democrats reading this, 1,000,000 barrels per day is a LOT MORE than the 77,000 that Harry Reid was patting himself on the back for). The Democrats in the Senate shot the McConnell/Domenici proposal down in flames. The vote was 56-42 against, with 41 of the 42 agreeing to the proposal being Republicans. Democrats were almost unanimously opposed, including Harry Reid and that new kind of politician, the post-partisan uniter (LOL), Barack Obama.
Is there any logical reason for Democrats to think adding 77,000 barrels of oil daily to our supply is great and will lower gas prices, but adding millions of barrels daily is no good ?........Anyone ?.......Anyone ?......Bueller ?
Harry Reid and friends are flat out insane, and they are no friend at all to the american consumer.
Or maybe they aren't insane, but they are putting partisan politics light years ahead of the american people. That is the more likely scenario, because that is how Harry Reid operates every single day of his miserable lying life.
One of the Democrats (I think it was Dorgan) said today on the Senate floor that getting oil from ANWR was 10 years away even if it was approved, so it wasn't really any help. I kept waiting for a bolt of lightning to come down and strike the man dead on the spot for having the nerve to make that statement, since the Democrats have been shooting down ANWR drilling since about 1988 (if memory serves). We could be getting that million barrels of oil per day (actually much more) RIGHT NOW if not for the obstruction of the Dems. That would be a million barrels of oil we didn't have to import from Iran or Venezuela every day. That would be a lot of money that would be staying right here in the USA instead of going to support regimes who hate us.
Democrats, friends to the little guy (retch). Maybe they mean the little guy who runs Iran, Ahmadinejad.
And just for the record, the USA consumes over 20 million barrels of oil per day, with about 12 million of that imported. Harry Reid and his Dem buddies are trying to tell you that another 77,000 barrels is going to drop the gas price. Are any of you naive enough to believe that ? Harry sure thinks you are.
Why do we keep letting these clowns get away with this stuff ? The Dems in Congress today made a show of doing something rather than ACTUALLY doing something about oil, and then they patted themselves on the back for lying to the american public about the whole thing. THAT is politics as usual. I'd like to tell you what I was feeling when I saw Barack Obama on the Senate floor smiling and shaking hands with his friends right after he voted with the Dems to shoot down expanded domestic oil production, but I have a no-profanity rule on this blog, so I'll just stop now.
We are in deep you-kinow-what.