How long till we tell... ( Gas Topic )

[mvtm]

I am quite in a hurry right now, so ill keep my post short and simple.
About Gas, well everything moves normal down here.

I pay :$1 to fill the Porsche with 95 octanes.$2 at most to fill large SUVs.

While we pay Gas cheaper than Water...We do have many issues.

1. Insecurity 24/7
2. A HELL of traffic. (NYC like)
3. Cars are 3 times more expensive than the US.Nevertheless most car inventory are sold out.1 year for a delivery spot.

[Toxicity]

Wow. For a country that is a major producer of international oil, I guess Venezuela does make some equally vital sacrifices.

Similarly, down in areas closer to the Gulf, the average price is notably cheaper than most inland locations due to what drilling states have been allowed to do; in Florida, we're also choked on traffic due to tourism, and then in the capital city I've dealt with people more environmentally crazed than one would expect for an area that was for so long under the influence of Bush's younger brother.

[Roy Karrde]

Well a varity of things have been happening on the oil drilling front. For one Florida has now come out in favor of offshore drilling, leaving the far left California the lone state against it. Also a petition of over 1.2 Million Signatures from Americans were presented to Congress today, saying that Congress needs to drill. Finally a "Gang of 14" style group is starting to form in support of Oil Drilling and to force Pelosi to finally allow a vote.

Now the only problem is that Pelosi is absolutely the worst person in power right now, she has blind support of the Oil Ban and has supported it since she got into office. Since she has the power to decide which bills get voted on, she is pretty much the only land block.

Although luckily this is a election year, and rank and file Democrats are getting scared that they could lose their seats to Republicans with 80% of this country supporting drilling and gas prices continue to rise. So hopefully that fear will help force a vote against the wishes of the nuts like Pelosi and Obama.

[mr_pikachu]

As much as I like that scenario, a better one is for the Democrats to not allow drilling and thus lose their seats, leaving the Republicans to fix everything and make people very happy with their new Congress.

I'd be perfectly happy with resistance from the Dems; it's not like there's that much time until elections, really. The incentives for waiting are greater than the aggravation of a few more months with high prices. We'll see how far Pelosi's radicalism goes... not making a move here would be political suicide for her party, but she's apt to do it. Bush's ban retraction has put the pressure squarely on her shoulders, so this should be fun to watch.

[firepokemon]

Still a relevant issue. Gas prices are well basically same as when this post was made.