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The Gas Buck Doesn't Stop Here

By Da King Published: April 26, 2008

gas prices

In a press release dated April 24, 2006, Speaker of the House Nancy Pelosi (D-CA) said:

“Democrats have a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies, and increasing production of alternative fuels.”

Fast forward to this week.

TUESDAY (4/22/08): Republican House members send a letter to Pelosi, reminding her of that Democratic "comonsense plan" to lower gas prices. The letter is signed by House minority leader John Boehner (R-OH) and others in the GOP. Republicans say maybe now would be a good time to roll out that Democratic plan, seeing as how gas prices are a bit on the high side:

“Two years ago this week, you stated that House Democrats had a ‘commonsense plan’ to ‘lower gas prices,’ ” the letter said. “In light of the skyrocketing gasoline prices affecting working families and every sector of our struggling economy, we are writing today to respectfully request that you reveal this ‘commonsense plan’ so we can begin work on responsible solutions to help ease this strain.”

The letter points out that gasoline prices have risen $1.18 since the Democrats took over Congress last january. Take that, Democrats.

WEDNESDAY (4/23/08): Pelosi sends a letter back to Boehner (don't these two work in the same building ? What's with the letters ?), which points out the Dems have already fulfilled the "commonsense plan", and against the resistance of Republicans to boot. The letter names the following pieces of legislation -- the No Oil Producing and Exporting Cartels (NOPEC) Act, the Energy Price Gouging Act, the Renewable Energy and Energy Conservation Tax Act of 2008, and the market manipulation section of the Energy Independence and Security Act of 2007. So take that, Republicans, and don't try to play politics on the gas price issue with the Democrats, or they'll play politics right back at you.

Thus, I judge...the Democrats win this little political game on points. They did implement the "commonsense plan".

Except for one minor detail -- The "commonsense plan" to bring down skyrocketing gas prices won't do anything to bring down skyrocketing gas prices. It didn't really even have much to do with bringing down gas prices. It was more about raising taxes (Dem raison d'etre) on energy companies and conducting investigations of energy companies (the appearance of doing something vs. actually doing something). The "commonsense plan" also subsidized ethanol, which hasn't brought gas prices down either, but sure has jacked up our food prices. Putting our food supply into our gas tanks is starting to look like a world class bad idea.

Thus, I also judge...the "commonsense plan" was pretty lacking in common sense. It was more of a 2006 election campaign tactic than anything else.

FRIDAY (4/25/08): Barack Obama makes a speech about gas prices while standing in front of a gas pump (WHAT A TIMELY COINCIDENCE, EH ? BHO doesn't miss a trick). Obama's "solution" is to institute a windfall profits tax (Dem raison d'etre) on the oil companies (uh, won't that INCREASE the price of gas ?), give middle class america a $1,000 tax cut (to pay for the higher priced gas and pander for votes in the fall), and spend money to pursue alternative energy sources (everybody agrees on this one). The one thing Obama said that is undoubtedly true is that politicians have had decades to address this problem, and they have failed miserably. I only wish Obama truly was the post-partisan politician he pretends to be. Then, he would have acknowledged all the ways his Democratic party has prevented America from obtaining more energy independence through the years and called for an immediate end to it. Sadly, he didn't do that. Instead, he peddled the same old Dem energy talking points, all the while pretending the same old, same old was some new and exciting breakthrough in leadership on his part. Nuts.

So we have another Democratic plan to reduce gas prices that doesn't do anything to reduce gas prices, at least not for another 20 years, if ever. At this time, all the alternative means to power our automobiles are MORE expensive than gasoline. In addition, Dems are always wanting to declare war on the big bad oil companies, which won't help anything either (other than maybe the Dems #1 special interest group, the lawyers). Double nuts.

YES WE CAN (ride bicycles).



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