{"id":801,"date":"2001-11-13T18:29:58","date_gmt":"2001-11-13T23:29:58","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/wp\/?p=801"},"modified":"2001-11-13T18:29:58","modified_gmt":"2001-11-13T23:29:58","slug":"well_its_about","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2001\/11\/13\/well_its_about.html","title":{"rendered":"Well it’s about damned time"},"content":{"rendered":"

In the spring we had spiking petroleum prices. But since then, between world events have driven prices down. Indeed, OPEC is down at production levels not seen since 1990, striving to boost prices back up again.<\/p>\n

You’d think this would be a great time to beef up the Strategic Petroleum Reserve. And, at long last (and just as OPEC is finally getting closer to deciding<\/a> on how to get prices rising again), the Bush Administration has finally decided that … yeah, I guess this would<\/i> be a great time<\/a>.<\/p>\n

Not that the Bushies like the SPR — releasing from it is a “distortion” of the market, anathema to the President and his oil cronies. But I guess that, in war time, certain sacrifices must (or might need to) be made.<\/p>\n

Especially if there’s possibility of more conflict, closer to the oil sources.<\/p>\n

Of course, the Adminstration could not talk about energy policy without flogging their proposal to drill in ANWR, despite the relative pittance of the US overall petroleum needs such drilling would provide.<\/p>\n

(Via InstaPundit<\/a>)<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

In the spring we had spiking petroleum prices. But since then, between world events have driven prices down. Indeed, OPEC is down at production levels not seen since 1990, striving…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9],"tags":[],"class_list":["post-801","post","type-post","status-publish","format-standard","hentry","category-politics-law"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":5545,"url":"https:\/\/hill-kleerup.org\/blog\/2004\/02\/24\/pumped.html","url_meta":{"origin":801,"position":0},"title":"Pumped","author":"***Dave","date":"Tue 24-Feb-04 6:27am","format":false,"excerpt":"Production cuts by OPEC could case gasoline prices to spike this summer, reaching $2 or more in Colorado, $3 in places like LA and Chicago. My predictions: The Bush administration...","rel":"","context":"In "Politics & Law"","block_context":{"text":"Politics & Law","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27475,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/04\/20\/the-cost-of-oil-rains-on-the-just-and-unjust-alike.html","url_meta":{"origin":801,"position":1},"title":"The cost of oil rains on the just and unjust alike","author":"***Dave","date":"Fri 20-Apr-12 5:35am","format":false,"excerpt":"The cost of gasoline at American pumps is tied to the global price of oil. Pretty much end of story. Decreasing or increasing domestic production has little effect on domestic gas prices because American petroleum production is such a small fraction of world production (even if we drilled along every\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132954,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/03\/01\/tar-sands-are-being-written-off-by-major-producers.html","url_meta":{"origin":801,"position":2},"title":"Tar sands are being written off by major producers","author":"***Dave","date":"Wed 1-Mar-17 10:30am","format":false,"excerpt":"Long-term and pretty systemic drops in petroleum prices, plus high extraction costs, means that major oil companies are actually writing off their investments in Canadian oil sands. 'A glaring example of this problem came from ExxonMobil this week, which announced that it had removed 3.3 billion barrels of Canadian oil\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9762,"url":"https:\/\/hill-kleerup.org\/blog\/2006\/11\/06\/its_all_about_the_oil_aft.html","url_meta":{"origin":801,"position":3},"title":"It’s all about the oil, after all?","author":"***Dave","date":"Mon 6-Nov-06 1:43pm","format":false,"excerpt":"Well, no, not really. Though, rhetorically, it does look like a backtrack. During the run-up to the invasion of Iraq, President Bush and his aides sternly dismissed suggestions that the...","rel":"","context":"In "Elections 2006"","block_context":{"text":"Elections 2006","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law\/elections-2006"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22540,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/09\/08\/gop-lying-talking-points-for-the-2012-election-collect-the-whole-set.html","url_meta":{"origin":801,"position":4},"title":"GOP Lying Talking Points for the 2012 Election (Collect the Whole Set!)","author":"***Dave","date":"Thu 8-Sep-11 9:23pm","format":false,"excerpt":"This was originally titled \"Mitch McConnell is a Dolt (You Lie! Edition),\" but I thought this title would be more search-worthy. That Sen. Mitch McConnell -- GOP leader in the Senate -- is a partisan hack almost goes without saying. \u00a0But he's now chimed in on the Senate Floor with\u2026","rel":"","context":"In "Dolts"","block_context":{"text":"Dolts","link":"https:\/\/hill-kleerup.org\/blog\/category\/dolts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2011\/09\/pubprivtrend811.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2011\/09\/pubprivtrend811.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2011\/09\/pubprivtrend811.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128302,"url":"https:\/\/hill-kleerup.org\/blog\/2015\/10\/14\/to-cure-climate-change-one-must-create-climate-change.html","url_meta":{"origin":801,"position":5},"title":"To Cure Climate Change, One Must Create Climate Change","author":"***Dave","date":"Wed 14-Oct-15 1:51am","format":false,"excerpt":"That is apparently the Governor of Alaska's Koan-of-the-Day, as he tells a reporter that climate change is causing major expenses to the state (such as sea-side villages being washed away), so Alaska needs to drill more oil in order to pay for it.Which is a huge heaping of cognitive dissonance\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=801"}],"version-history":[{"count":0,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/801\/revisions"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}