

And so it goes.
President Bush is renewing his call to open U.S. coastal waters to oil and gas development, arguing that it's high time to battle high prices with increased domestic production.Sounds logical until you consider:
New Mexico Gov. Bill Richardson, energy secretary during the Clinton administration, called it "another bad idea."That drilling, by the way, is just drilling into your wallet. It will solve nothing. And there's no guarantee the oil will ever reach domestic (i.e. U.S.) markets. It will be sold on the world market. For the highest price. To the highest bidder. If it goes to China, that's OK with the oil barons. Europe? That's OK, too. The U.S.? Don't make me laugh; that will NOT be the highest bidder.Finally, the GOP would like you to believe the blocking of drilling was all a Democratic plot. However,"It's going to take 10 years to fully get that oil out of the ocean. It's a fragile ecosystem," he said on CBS's "The Early Show."
"You know this president, all he wants to do is drill, drill, drill. There is very little on conservation, on fuel efficiency for vehicles. Just last week the Congress failed to pass a solar tax credit — give more incentives to renewable energy, solar and wind. A one track mind — drill drill drill — that's not going to work," Richardson said.
Congress imposed the drilling moratorium in 1981 and has extended it each year since, by prohibiting the Interior Department from spending money on offshore oil or gas leases in virtually all coastal waters outside the western Gulf of Mexico and in some areas off Alaska.Even the W-imbecile's daddy said it's wrong.But it's politics. Not the economy, stupid.President George H.W. Bush issued a parallel executive drilling ban in 1990, which was extended by President Clinton and then by the current president until 2012.
Senate Republicans blocked a proposal Tuesday to tax the windfall profits of the largest oil companies, despite pleas by Democratic leaders to use the measure to address America's anger over $4 a gallon gasoline.Funny, though, the GOP can't offer any other form of relief for the gas-paying public.The Democratic energy package would have imposed a tax on any "unreasonable" profits of the five largest U.S. oil companies and given the federal government more power to address oil market speculation that the bill's supporters argue has added to the crude oil price surge.
But Republicans argued the Democratic proposal focusing on new oil industry taxes is not the answer to the country's energy problems.OK, so what is the answer?
The GOP is surprisingly silent on that one.
Separately, Democrats also failed to get Republican support for a proposal to extend tax breaks for wind, solar and other alternative energy development, and for the promotion of energy efficiency and conservation. The tax breaks have either expired or are scheduled to end this year.Could it be any plainer?