$67.40 a bbl - Will THIS finally destroy Bush?

[MadisonProgressive]

Poll question: $67.40 a bbl - Will THIS finally destroy Bush?

[FormerRepublican]

1. Nah...

If things get too ugly, we'll just start seeing mysterious terrorist attacks on Bush protesters. BushBots will point to them as proof the protesters hate America.

After all, if protesters would shut up, terrorists would go away. :sarcasm:

[Chef]

2. No

Here's the thing. When oil gets to $100, it will make it profitable to drill in the US and open up ANWAR. The oil companies are making money anyway. When US drilling starts, our dependence on foreign oil will be lessened and even failures from the oil patch like * could make money to say nothing of the business for Halliburton. As for its impact on *. Who knows?

[MadisonProgressive]

3. I think your smokin something - don't bogart that joint!

[BillZBubb]

5. You can't be serious, right?

Dependence on foreign oil can't be lessened in the short term, no matter how much drilling occurs inside the US. There just isn't that much available.

In the meantime, inflation shock will hit hard.

[robertpaulsen]

8. ANWR is no solution in any way, shape or form.

You should read up on this more. Here's a start:

While some folks desperately cling to the belief that oil is a renewable resource, others hold on to the equally delusional idea that tapping the Arctic National Wildlife Reserve will solve, or at least delay, this crisis. While drilling for oil in ANWR will certainly make a lot of money for the companies doing the drilling, it won't do much to help the overall situation for three reasons:

1. According of the Department of Energy, drilling inANWR
will only lower oil prices by less than fifty cents;

2. ANWR contains 10 billion barrels of oil - or about the
amount the US consumes in a little more than a year.

3. As with all oil projects, ANWR will take about 10 years to
come online. Once it does, its production will peak at
875,000 barrels per day - but not till the year 2025. By
then the US is projected to need a whopping 35 million
barrels per day while the world is projected to need 120
million barrels per day.

http://www.msnbc.msn.com/id/4542853/

http://www.lifeaftertheoilcrash.net/SecondPage.html

So yes, the BFEE will continue to roll in the dough. But we'll be no closer to reducing our dependence on foreign oil. Read the rest of the intro on lifeaftertheoilcrash to see what we're up against.

[libhill]

4. The third Pearl Harbor

is probably in the planning stages right now. Things are looking bad for Bush and the Repukes, so something has to be done to distract the sheeple. And the neocons and PNAC boys have been salivating for a war on Iran for months now, at any rate.

[Tierra_y_Libertad]

6. Not until the cost really triggers inflation - which it will.

Once the transport costs of nearly everything starts to raise the prices to consumers and they really start feeling the pinch - heads will roll.
It ain't gonna be pretty for the folks who work for a living in this country.

[BillZBubb]

7. I don't think oil prices will destroy Bush.

There are still to many sheeple. Get ready for the Repug propaganda campaign where all we'll hear is how oil is still a bargain compared to 1970-1980. And how the President isn't responsible for oil prices. Etc. Etc.

The sheeple will buy it. They won't be happy, but they won't blame their demigod.