Let’s see Obama’s plans on issues such as ‘free health care’ for everyone

The Democrats have done a good job with high minded sounding goals such as “free or universal health care for all Americans.” Question: who do these politicians think are Americans? Are illegal immigrants Americans? Do we have mainstream reporters who will ask Sen. Obama? Where is the money going to come from to pay for 30 million illegals’ health care?

What percentage of illegal immigrants carry auto insurance, let alone health insurance?

Obama has said, proudly and often, “I am going to give health insurance to 47 million Americans who are now without coverage.” But are they “Americans?”That 47 million statistic includes illegal immigrants – who virtually all lack insurance. In fact, about one in four of those lacking insurance is here illegally. And they are, by far, the group most in need of health insurance. — Reported by Dick Morris.

“We can’t drill our way out of the energy crisis.” We can’t? Why not try? Most of the U.S. coastline has not been explored. Wouldn’t it be better for every U.S. citizen if there was more enegry coming to market? What are Americans going to do with their 100 million cars sell them to third world countries as we convert overnight to minielectric carts at $30,000 per auto? Where are the factories putting out millions of batteries? What kind of footprint will those tons of batteries have on the evnironment? What is the realistic timeline?


The land of the freebies.

Covering millions of poor illegal families with free healthcare will bust our system. And would encourage more poor to enter America illegally. Within a few more years of this mass migration to the land of the freebies, and the U.S. will become a failed state.

Oil at $8 per gallon will shut down the system. People won’t be able to afford to go to work.

I can’t help but think many Democrats are looking forward to that.

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Norway is the world’s third largest oil exporter and second ranked environmentally friendly country

Did you ever read about Norway’s offshore oil production in your daily newspaper or see a report on the major networks? You have to wonder why?

Norway’s massive oil reserves are all offshore on the Norwegian continental shelf. Their’s is a prime example of how fast the oil can go into production in just three years.

Follow the Norway way to see that a beautiful coastline remains preserved while large-scale oil production goes on off shore. In fact, Norway is ranked second only to Switzerland in environmental stewardship. Another fact on statistics, Norway is one of the richest countries per capita in the world, out ranking many oil-rich nations.

Up until the 1960s very few people believed that the Norwegian continental shelf had oil and gas deposits. With the Ekofisk discovery in 1969, the Norwegian oil boom began. Deep-water production from the field began in June, 1971. During the next few years, a number of major oil discoveries were made. Today, there are 52 major fields in production. In 2006, these fields produced 2.8 million barrels of oil per day and 88 billion cubic meters of gas. Norway ranks as the world’s third largest oil exporter and the tenth largest oil producer, in 2006 figures. Some reports but them second only to Russia.

Ironically, it was the U.S. that first developed offshore oil exploration in the Gulf of Mexico. Companies such as Shell, Chevron, ExxonMobil with the expertise of oil services companies including Halliburton and Schlumberger.

Most of the U.S. continental shelf has been left untouched for 20 years by a series laws enacted by the “green” political movement, bought hook, line and sinker by the Democratic party and in some cases Republicans to keep pace with the propaganda movement of man made global warming.

Former VP Albert Gore made an amazing speech yesterday claiming we had just 10 years to save the world by transforming to wind and solar energy. Had Gore been working in the real world and made such an un-researched claim at a corporation, he would be sent to a detox center for psychological testing.

This week, President Bush lifted the executive ban on offshore continental shelf drilling. But the Democrat controlled U.S. Congress refuses to do so. Think about that when you pay more that $4 a gallon at the pump today. The Republicans wanted to start drilling in ANWR Alsaska in 1993, but Bill Clinton vetoed the bill. That field could have been producing 1 million barrels per day in 1998.

The world price for oil is already dropping. Investors do their homework and have a good idea that the American people are starting to figure out the facts. There could be a landslide sweep of victoroies for Republicans in November.

Mick Gregory

Newspaper journalists go the way of railroad engineers

With thousands of newspaper reporters and editors getting pink slips this summer, it’s time to think of the future for the once honorable profession. I predict that the practice of newspaper journalism will become a hobby for old timers.

They will form “guilds” and get together to discuss the days when they had a hand in bringing down presidents and most members of the Republican party. The fun they had trashing the military, mocking MBAs and smearing corporate CEOs — good times! Meanwhile, they helped rewrite history, making heroes of Jimmy Carter, Al Gore, Hillary Clinton, Nancy Pelosi, Hugo Chavez and Fidel Castro.

Not unlike model railroad enthusiasts, retirees who waste away hours building mini cities with lichen evergreen trees and molded plastic mountains, old journos will have artifacts displayed around their rent-protected apartments, posters of Che, old typewriters, Green T-shirts, famous front pages of newspapers like “BUSH WINS!” printed before the Florida recount, they still don’t realize the headline was right, Bush did win and the Democrat party in Dade and Palm Beach counties tried to count bumps and chads as votes, while they discounted votes from resident military.

Former journalists will be semi-retired, working as greeters at Wal-Mart or sales associates at Borders Books. Those will be the better day jobs. Some will have blogs with readership in the dozens rather than tens of thousands they had in their hay days.

They can pretend to put out daily editions with DVDs playing classics like “The Front Page,” “All the President’s Men,” and episodes of “Lou Grant.”

Some will retain their journalist title by writing freelance for the local alternative press or if they are really good, the surviving monopoly big city newspaper that puts out a free tabloid addition once a week to augment its online daily edtions ‘Updated by the Minute’ will be one of their promotions.

“Pass me some prunes with sea grass, Debbie! Let’s write some sidebars on tips to avoid global warming.” “Wasn’t it grand that we saved Anwar from the gluttonous oil companies?” “Gas is $8 a gallon now as it is in Europe.” “America has finally matured.”

“I walk to the corner co-op for groceries anyway; that’s the way it should be.”

“I’m sure thankful Obama saved our Social Security…”

— Mick Gregory

China and Cuba drilling for oil off Florida’s coast. The Democrats say the U.S. can’t.

Mick Gregory

The Republicans have hit a political gusher. The Democrat/socialists hiding under the friendly Green flag of environmentalism are being exposed today. I predict the Democrats will vote against the issue of drilling off U.S. coasts.

This while Cuba and China begin drilling off the Florida/Cuba shore. They will have their straw in our oil reserve milkshake.

Next, I predict, President Bush will issue an Executive Order opening up drilling.

The coastal reserves are estimated to be 18 billion barrels from 20-year-old studies. That is the short estimate equal to the amount of oil the U.S. would produce in almost 10 years (that’s 3,600 days producing 5 million barrels per day). The coastal reserves are also nearly equal to what some experts believe can be recovered at Anwar Reserve in Alaska. The reserve that the Democrats and Jimmy Carter put under lock and key over 20 years ago as well.

Tonight, look for the new reality show called “Black Gold” syndicated on cable channels across the country on TruTV. It’s a show that drills down into the ongoing oil explorations going on in West Texas today.

The U.S. still has oil! In fact, almost 70 percent of the oil in mature wells, some over 100 years old, is attainable with today’s technology.

The timing is right for U.S. oil industry stocks to rise. Meanwhile, the world market of crude will soon fall to below $100 in my guestimation.

Four major league oil companies are in negotiations for contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein socialized the oil companies and grabbed power.

Exxon Mobil, Shell, Total, BP and Chevron — and a number of oil-service companies, are in talks with Iraq’s Oil Ministry for contracts to service Iraq’s largest fields, according to press releases.

The deals, expected to be announced on June 30, will begin the first commercial work for the major companies in Iraq since Hussein ordered the burning of his country’s oil fields and the start of the Iraq war.

UPDATE: Time to ask why the Democrat Congress doesn’t do anything about the oil crisis.

The percentage of voters who give Congress good or excellent ratings has fallen to single digits for the first time in Rasmussen Reports tracking history. This month, just 9% say Congress is doing a good or excellent job. Most voters (52%) say Congress is doing a poor job, which ties the record high in that dubious category.

McCain makes strong case for drilling for oil

John McCain came out swinging for the fence today (Monday). He said the federal moratorium on offshore oil and gas drilling put in place by the Democratic party, should be lifted, and individual states given the right to pursue energy exploration in waters near their own coasts.

With gasoline prices rising and the United States chronically dependent on foreign oil, the Republican presidential candidate said his proposal would “be very helpful in the short term resolving our energy crisis.”

McCain also suggested giving the states incentives, including a greater share of royalties paid by companies that drill for oil, as an incentive to permit exploration.

Asked how far offshore states should be given control of drilling rights, he said that was a matter for negotiation.

He offered no other details for his proposal, which he is expected to describe more fully on Tuesday in an energy speech.

The current drilling moratorium is a socialist/Democrat, Big Brother rule, pitting those who favor additional exploration on the one hand against Marxists on the other.

The current ban on offshore drilling covers an estimated 80 percent of U.S. coastal waters. Given Democratic opposition in Congress to ending it, the Bush administration and congressional Republicans have been seeking the type of state option that McCain endorsed.

The GOP presidential candidate said a recent run-up in the price of oil was having an adverse effect on consumers.

“We’ve seen the impact of it in the form of food prices, in the form of gasoline, in the form of threats of inflation and indeed indications of inflation, and we must we must embark on a national mission to eliminate our dependence on foreign oil,” he told reporters. McCain has sought to carve out something of a middle road on energy issues, parting company with many Republicans by opposing drilling in the Arctic National Wildlife Refuge in Alaska, for example and calling for measures to reduce greenhouse gases.

The Senate last month rejected a GOP energy plan, 56-42, that included a provision similar to McCain’s proposal. It would have allowed a state’s governor to petition to have the federal moratorium lifted for waters off its coast. Republican senators argued there are some 14 billion barrels of recoverable oil available in waters now off limits. Also, the House has twice approved giving states the right to opt out of the federal ban, both when the GOP held the majority, but the proposal has never made it through the Senate.

McCain is in Dallas tonight for a pair of pair fund raisers,

Obama will not be able to respond. He is out of touch with economic issues.

Meanwhile, Al Gore finally endorses Obama. Wow, that’s sticking your neck out!

Obama already had the nomination locked up for a month. Can you see what kind of spineless, witless puppet Gore is?

He was waiting for marching orders from the Clintons. What do you think?

Would you buy a Dell computer from that man?

 

The kings of oil increasing production to 10 million barrels a day

The Kingdom of Saudi Arabia, the world’s biggest oil exporter, is planning to increase its output next month by about a half-million barrels of oil a day of its light, sweet crude oil, according to analysts and oil traders who have been informed by Saudi officials. This announcement alone, plus the Republican party political movement called “Drill Here — Drill Now!” is making it into the media. 

The increase could bring Saudi output to a production level of 10 million barrels a day, which, if sustained, would be the kingdom’s highest performance level in history. The move was seen as a sign that the Saudis are becoming increasingly nervous about both the political and economic effect of high oil prices. In recent weeks, soaring fuel costs have incited demonstrations and protests from Italy to Indonesia.

Saudi Arabia is currently pumping 9.45 million barrels a day, which is an increase of about 300,000 barrels from last month.

The Saudis are concerned that today’s record prices might eventually damp economic growth and lead to lower oil demand, as is already happening in the United States and other developed countries. The current prices are also making alternative fuels more viable, threatening the long-term prospects of the oil-based economy. The high prices have also made it profitable to stimulate mature oil wells in Texas and California. 

President Bush visited Saudi Arabia twice this year, pleading with King Abdullah to step up production. While the Saudis resisted the calls then, arguing that the markets were well supplied, they seem to have since concluded that they needed to disrupt the momentum that has been building in commodity markets, sending prices higher. That creates panic. There seems to be no end in sight. 

The Saudi plans were disclosed in interviews with several oil traders and analysts who said that Saudi oil officials had privately conveyed their production plans recently to some traders and companies in the United States. The analysts declined to be identified so as not to be cut off from future information from the Saudis.

Last week, King Abdullah also took the unprecedented step of arranging on short notice a major gathering of oil producers and consumers to address the causes of the price rally. The meeting will be held on June 22 in the Red Sea town of Jeddah.

Oil prices have gained 40 percent this year, rising to nearly $140 a barrel in recent days and driving gasoline costs above $4 a gallon. Some analysts have predicted that prices could reach $200 a barrel this year as oil consumption continues to rise rapidly while supplies lag.

The growing volatility of the markets, including a record one-day gain of $10.75 a barrel last week, has persuaded the Saudis that they need to step in, analysts said. The Saudis and Republicans are the only groups trying to lower the price of crude. But you won’t read that in your mainstream newspaper on watch it on NBC. 

Did you know…

Until recently, only 35 percent of oil has been extracted from reservoirs. Oil resides in porous rock formations, it is not in the sate of underground pools as many consumers believe. Today, oil companies such as Chevron, Shell,  Halliburton and Schlumberger, have developed stimulation methods to revive mature wells. There are fracturing and perforating techniques, 3-D seismic methods to clearly see trapped reservers that have been missed by the original well. There are now, steerable drill bits that can capture those trapped oil reserves and pinpoint stimulation on targeted areas. 

–Mick Gregory