Wednesday, May 03, 2006

Unnoticed irony from notable nitwit

Michael Reagan: "Why do you think that the Democrats and their enviro-crazy allies have prevented us from drilling in the ANWAR area of Alaska, one of the most desolate places on the face of the earth, which they picture as an unspoiled paradise, or looking for oil offshore in Florida and California? Why have they made it all but impossible to build the refineries needed to produce gasoline and heating oil? They don't want to lose an issue they can continue to exploit, and will until we are all riding bicycles. The current gas hikes are perfect fodder for demagoguery..." Gee, thanks, Times of Acadiana, for bringing us this wisdom. I will never get over how far that paper has fallen. Worthless.


Blogger Ian McGibboney said...

Did you see their finalists for best blog? Priceless.

And even though I was pretty sure that Gannett employees were ineligible for the competition, virtually every print journalist and columnist finalist work for them. Big shock.

And what is the deal with Michael Reagan anyway? Was Michelle Malkin too soft for them?

5/03/2006 04:53:00 PM  
Blogger Schroeder said...

There's not enough talk about the reasons for tight supplies -- because that's how oligopolies control the marketplace to make money -- exactly the opposite of what obtains under perfect competition where supplies would go up in response to increasing prices.

What's forgotten is not that "Democrats" won't let more refineries be built -- in fact they were built in response to higher prices in the 70s -- too many. What followed was a consolidation of refineries, and a consolidation of the entire petroleum industry. They -- the oil energy companies, have actually increased capacity on existing sites without building new refineries, but are they holding back? Are they artificially keeping down production by shutting down capacity when it's convenient? Are they controlling oil prices on the world market by holding back extraction? Sound a little like Enron? It should.

5/03/2006 08:26:00 PM  
Anonymous spinn said...

What the guy's saying is patently stupid, but where's the irony? I'm missing that angle.

5/04/2006 11:03:00 AM  
Blogger Suspect Device said...

Irony is OH FUCK LIBERALS WANT TO BURN ALL THE REFINERIES NO GAS BIKES COMMUNISTS PRAGUE SPRING KILL YOUR SONS LIBERALS CRAZY followed by "The current gas hikes are perfect fodder for demagoguery." No kidding?

5/04/2006 12:37:00 PM  

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