So The Price Of Gas Is Starting To Hurt

I went out this morning, got gasoline for my car, and saw that overnight gas had gone to $3.05 per gallon. Later on in the day I heard on TV that President Bush's approval rating had fallen again. I wonder if the talking heads have seen the following graphic:


The red line represents Bush's approval rating; the blueline is the reciprocal of gasoline prices. In other words, when gas goes up, Bush goes down, and when gas goes down, Bush goes up.

If you recall, back in January I authored two pieces about Peak oil coming and the three things we must do: 1. fight to corner available sources, 2. switch to alternative fuels as fast as we can, 3. develop more domestic oil. The future is now.


The above graph starkly illustrates the situation the U.S. and all other developed and developing nations face; the peak is here and the competition to direct needed oil to one's own country is severe and will get much worse.

The above graph illustrates the extent of drilling activity in the U.S.A. Restrictions on drilling, largely put in place by Democratic politicians, far outweigh market factors in limiting our own drilling activity. The red line shows that activity, while the gray line shows market prices for oil. The next graph is even more telling. These restrictions (like in ANWR and in the Gulf of Mexico) have almost completely shut down exploring for new oil.



President Bush has attempted, over and over again, to push for more oil exploration and for development of nuclear power to reduce our dependence on foreign oil. The spin-masters of the Democratic Party, aided by their willing accomplices in the press and TV, have made him the fall guy instead of placing blame where it belongs - right in the laps of the Democratic politicians (especially Senator Nelson of Florida) who have been successful in stopping any new exploration and development. Their calls to get out of Iraq are also beyond comprehension.