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	<title>Comments on: Oil Profits</title>
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		<title>By: atthecrux</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-216</link>
		<dc:creator>atthecrux</dc:creator>
		<pubDate>Sat, 12 Nov 2005 23:31:15 +0000</pubDate>
		<guid isPermaLink="false">#comment-216</guid>
		<description>Stikkbomber, you have a good point regarding absence of panaceas.  Even within your post, the juxtaposition of corn biodiesel production as part of an energy solution with the problem of water consumption provides an illustration: &quot;solving&quot; one problem may exacerbate another, but that should never stop us from exploring creative solutions to the problems du jour. :-)</description>
		<content:encoded><![CDATA[<p>Stikkbomber, you have a good point regarding absence of panaceas.  Even within your post, the juxtaposition of corn biodiesel production as part of an energy solution with the problem of water consumption provides an illustration: &#8220;solving&#8221; one problem may exacerbate another, but that should never stop us from exploring creative solutions to the problems du jour. <img src='http://hansmast.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
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		<title>By: atthecrux</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-217</link>
		<dc:creator>atthecrux</dc:creator>
		<pubDate>Sat, 12 Nov 2005 23:21:06 +0000</pubDate>
		<guid isPermaLink="false">#comment-217</guid>
		<description>BTW, that &quot;to our long-term detriment&quot; above does go w/ what Hans said about sustainability--the pragmatic, self-interested side of environmental responsibility.</description>
		<content:encoded><![CDATA[<p>BTW, that &#8220;to our long-term detriment&#8221; above does go w/ what Hans said about sustainability&#8211;the pragmatic, self-interested side of environmental responsibility.</p>
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		<title>By: atthecrux</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-218</link>
		<dc:creator>atthecrux</dc:creator>
		<pubDate>Sat, 12 Nov 2005 23:06:20 +0000</pubDate>
		<guid isPermaLink="false">#comment-218</guid>
		<description>To elaborate on Hans&#039;s clarification, I do consider myself an encironmentalist, but he&#039;s probably right in saying that I&#039;m not an &quot;envirowacko.&quot;  Specifically, I believe that nature does have intrinsic value, but that human &lt;em&gt;need&lt;/em&gt; for natural resources does outweigh nature&#039;s &quot;right&quot; to exist undisturbed.  In this balance, we have the right to consume, and the obligation to do so responsibly.  Many times, I believe that we ignore this second fact to our long-term  detriment.&lt;br /&gt;
&lt;br /&gt;
FWIW, I derive this environmental philosophy partly from the creation story of Genesis.  In that story, God went six days before creating people, but looked at what he&#039;d made each day, and said &quot;it&#039;s good!&quot;  Later, humans&#039; duties and privileges in the Garden of Eden were to &quot;to work it and take care of it,&quot; and to eat from any tree (except the one, of course) in the garden.  I&#039;m not bringing this up to debate the literal veracity of the Genesis creation account, but simply to provide background.</description>
		<content:encoded><![CDATA[<p>To elaborate on Hans&#8217;s clarification, I do consider myself an encironmentalist, but he&#8217;s probably right in saying that I&#8217;m not an &#8220;envirowacko.&#8221;  Specifically, I believe that nature does have intrinsic value, but that human <em>need</em> for natural resources does outweigh nature&#8217;s &#8220;right&#8221; to exist undisturbed.  In this balance, we have the right to consume, and the obligation to do so responsibly.  Many times, I believe that we ignore this second fact to our long-term  detriment.</p>
<p>FWIW, I derive this environmental philosophy partly from the creation story of Genesis.  In that story, God went six days before creating people, but looked at what he&#8217;d made each day, and said &#8220;it&#8217;s good!&#8221;  Later, humans&#8217; duties and privileges in the Garden of Eden were to &#8220;to work it and take care of it,&#8221; and to eat from any tree (except the one, of course) in the garden.  I&#8217;m not bringing this up to debate the literal veracity of the Genesis creation account, but simply to provide background.</p>
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		<title>By: Stikkbomber</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-212</link>
		<dc:creator>Stikkbomber</dc:creator>
		<pubDate>Sat, 12 Nov 2005 20:53:45 +0000</pubDate>
		<guid isPermaLink="false">#comment-212</guid>
		<description>&lt;p&gt;I&#039;m a bit torn on this whole energy thing myself. On the one hand, you have oil conglorporations (my homemade smush-together of conglomerations and corporations.) that are indeed profiteering during a time of crisis; they could easily &quot;do something&quot; to alleviate some of the pricing woes. They don&#039;t have to, and they shouldn&#039;t get all of the blame for the situation. U.S. citizens as consumers of energy deserve a non-trivial chunk of blame in this energy crisis; we use more energy to keep homes and businesses operating at current comfort levels; our votes planted in the last few crops of politicians getting fertilized by these same conglorporations.&lt;/p&gt;
&lt;p&gt;We as a nation tend to get fixated on one and only one solution. Those days should be considered done and over with. Drilling a new oilfield &lt;strong&gt;alone&lt;/strong&gt; isn&#039;t an answer. Relaxing regulations &lt;strong&gt;alone&lt;/strong&gt; isn&#039;t an answer. Solar energy &lt;strong&gt;alone&lt;/strong&gt; isn&#039;t an answer. Hybrid vehicles &lt;strong&gt;alone&lt;/strong&gt; aren&#039;t an answer. A mix of solutions is the best to go, to whit:&lt;/p&gt;
&lt;ul&gt;&lt;li&gt;bio-diesel from corn and soybeans for home heating oil. Heck, get the tobacco farmers to convert their fields over for that purpose&lt;/li&gt;
&lt;li&gt;&lt;strong&gt;Some&lt;/strong&gt;new exploration for oilfields. No one knows what&#039;s in ANWR; maybe we should try to get a better grip on what&#039;s there before we make a decision&lt;/li&gt;
&lt;li&gt;Solar panels on office buildings that dump electricity back into the grid. It&#039;s seems ridiculous to me that large office buildings don&#039;t do this, especially in Atlanta, L.A., Dallas, etc. Why not try it and give those that do some limited tax benefits for it. The amount of electricity generated may not seem like much, but every little bit helps.  &lt;a href=&quot;http://www.cnn.com/2005/TECH/science/10/26/solar.cooking.reut/&quot; rel=&quot;nofollow&quot;&gt;This competition&lt;/a&gt; in Washington D.C. proves it&#039;s viability.&lt;/li&gt;
&lt;li&gt;Adjust the taxes on gasoline to spur efficiencies and development at the conglorporations&lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;These are just some ideas I&#039;ve been thinking about. My point is that a silver bullet won&#039;t be found for this or any other serious problem, like water usage, in the near future. The era of searching for panaceas should be over and done with, and this is a perfect problem to show how creative and innovative we can really be.&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>I&#8217;m a bit torn on this whole energy thing myself. On the one hand, you have oil conglorporations (my homemade smush-together of conglomerations and corporations.) that are indeed profiteering during a time of crisis; they could easily &#8220;do something&#8221; to alleviate some of the pricing woes. They don&#8217;t have to, and they shouldn&#8217;t get all of the blame for the situation. U.S. citizens as consumers of energy deserve a non-trivial chunk of blame in this energy crisis; we use more energy to keep homes and businesses operating at current comfort levels; our votes planted in the last few crops of politicians getting fertilized by these same conglorporations.</p>
<p>We as a nation tend to get fixated on one and only one solution. Those days should be considered done and over with. Drilling a new oilfield <strong>alone</strong> isn&#8217;t an answer. Relaxing regulations <strong>alone</strong> isn&#8217;t an answer. Solar energy <strong>alone</strong> isn&#8217;t an answer. Hybrid vehicles <strong>alone</strong> aren&#8217;t an answer. A mix of solutions is the best to go, to whit:</p>
<ul>
<li>bio-diesel from corn and soybeans for home heating oil. Heck, get the tobacco farmers to convert their fields over for that purpose</li>
<li><strong>Some</strong>new exploration for oilfields. No one knows what&#8217;s in ANWR; maybe we should try to get a better grip on what&#8217;s there before we make a decision</li>
<li>Solar panels on office buildings that dump electricity back into the grid. It&#8217;s seems ridiculous to me that large office buildings don&#8217;t do this, especially in Atlanta, L.A., Dallas, etc. Why not try it and give those that do some limited tax benefits for it. The amount of electricity generated may not seem like much, but every little bit helps.  <a href="http://www.cnn.com/2005/TECH/science/10/26/solar.cooking.reut/" rel="nofollow">This competition</a> in Washington D.C. proves it&#8217;s viability.</li>
<li>Adjust the taxes on gasoline to spur efficiencies and development at the conglorporations</li>
</ul>
<p>These are just some ideas I&#8217;ve been thinking about. My point is that a silver bullet won&#8217;t be found for this or any other serious problem, like water usage, in the near future. The era of searching for panaceas should be over and done with, and this is a perfect problem to show how creative and innovative we can really be.</p>
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		<title>By: Hans Mast</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-213</link>
		<dc:creator>Hans Mast</dc:creator>
		<pubDate>Sat, 12 Nov 2005 20:23:11 +0000</pubDate>
		<guid isPermaLink="false">#comment-213</guid>
		<description>While I agree with you, Jerminator, that we should drill ANWR, please realize that atthecrux is not an envirowacko. His motivations are not so much environmental as sustainability.&lt;br /&gt;
&lt;br /&gt;
He has put his money where his mouth is and has invested (successfully) in renewable energy companies.</description>
		<content:encoded><![CDATA[<p>While I agree with you, Jerminator, that we should drill ANWR, please realize that atthecrux is not an envirowacko. His motivations are not so much environmental as sustainability.</p>
<p>He has put his money where his mouth is and has invested (successfully) in renewable energy companies.</p>
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		<title>By: atthecrux</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-214</link>
		<dc:creator>atthecrux</dc:creator>
		<pubDate>Fri, 11 Nov 2005 23:15:38 +0000</pubDate>
		<guid isPermaLink="false">#comment-214</guid>
		<description>It looks as though the &quot;expected&quot;* recoverable amount (per the USGS) is &lt;a href=&quot;http://en.wikipedia.org/wiki/Arctic_Refuge_drilling_controversy#Estimates_of_oil_reserves&quot; rel=&quot;nofollow&quot;&gt;10.4 billion barrels&lt;/a&gt;, or under a year and a half&#039;s supply at &lt;a href=&quot;http://en.wikipedia.org/wiki/List_of_oil-consuming_states&quot; rel=&quot;nofollow&quot;&gt;20 million barrels/day&lt;/a&gt;.   Technically recoverable oil is 4.3 billion barrels, or about 7 months&#039; worth.  Sure, we could temporarily reduce our imports of Mideast/Venezuelan/etc. oil if we drilled in the ANWR.  In the long run, though, this is as likely to solve our dependence on foreign oil as is a &lt;a href=&quot;http://www.snopes.com/politics/gasoline/nogas.asp&quot; rel=&quot;nofollow&quot;&gt;1-day gasoline boycott&lt;/a&gt;.  This reminds me of the cliched proverb of giving a man a fish vs. teaching him to fish.  The only way that we can regain energy independence &lt;em&gt;in the long term&lt;/em&gt; is to develop technologies that aren&#039;t as quickly exhausted* as oil.  We do have clear paths of technology and policy available: pebble-bed nukes, solar (PV or thermal, centralized or decentralized), wind, and a host of other possibilities.  Delaying research into replacements for oil as an energy source does nothing for our national security.  China, though they&#039;re aggressively making political and economic alliances to secure oil rights (in competition, of course, with the biggest oil consumer state--the U.S.), is already &lt;a href=&quot;http://www.wired.com/wired/archive/12.09/china.html?pg=1&amp;topic=china&amp;topic_set=&quot; rel=&quot;nofollow&quot;&gt;ahead of us&lt;/a&gt; in the pebble-bed game.  The longer we wait to begin aggressively pursuing technology to eliminate or drastically reduce our fossil-fuel dependence, the more rapidly our ability to compete internationally will decline.&lt;br /&gt;
&lt;br /&gt;
So...whatever one may believe about:&lt;br /&gt;
- environmental-damage arguments against drilling in the ANWR&lt;br /&gt;
- in general, the environmental effects of burning fossil fuel&lt;br /&gt;
&lt;br /&gt;
these arguments really aren&#039;t even necessary.  Approaching drilling in the ANWR solely from a national-security perspective, it looks as though it&#039;s somewhere around #13 on the top-10 list of ways to improve America&#039;s energy security.&lt;br /&gt;
&lt;br /&gt;
*expected amount = sum of possible quantities times the probabilities of each quantity being found.  I assume that the &quot;mean&quot; amount reported in the article is this number.&lt;br /&gt;
*exhaustion = the point where extraction of remaining quantities isn&#039;t economically viable</description>
		<content:encoded><![CDATA[<p>It looks as though the &#8220;expected&#8221;* recoverable amount (per the USGS) is <a href="http://en.wikipedia.org/wiki/Arctic_Refuge_drilling_controversy#Estimates_of_oil_reserves" rel="nofollow">10.4 billion barrels</a>, or under a year and a half&#8217;s supply at <a href="http://en.wikipedia.org/wiki/List_of_oil-consuming_states" rel="nofollow">20 million barrels/day</a>.   Technically recoverable oil is 4.3 billion barrels, or about 7 months&#8217; worth.  Sure, we could temporarily reduce our imports of Mideast/Venezuelan/etc. oil if we drilled in the ANWR.  In the long run, though, this is as likely to solve our dependence on foreign oil as is a <a href="http://www.snopes.com/politics/gasoline/nogas.asp" rel="nofollow">1-day gasoline boycott</a>.  This reminds me of the cliched proverb of giving a man a fish vs. teaching him to fish.  The only way that we can regain energy independence <em>in the long term</em> is to develop technologies that aren&#8217;t as quickly exhausted* as oil.  We do have clear paths of technology and policy available: pebble-bed nukes, solar (PV or thermal, centralized or decentralized), wind, and a host of other possibilities.  Delaying research into replacements for oil as an energy source does nothing for our national security.  China, though they&#8217;re aggressively making political and economic alliances to secure oil rights (in competition, of course, with the biggest oil consumer state&#8211;the U.S.), is already <a href="http://www.wired.com/wired/archive/12.09/china.html?pg=1&amp;topic=china&amp;topic_set=" rel="nofollow">ahead of us</a> in the pebble-bed game.  The longer we wait to begin aggressively pursuing technology to eliminate or drastically reduce our fossil-fuel dependence, the more rapidly our ability to compete internationally will decline.</p>
<p>So&#8230;whatever one may believe about:<br />
- environmental-damage arguments against drilling in the ANWR<br />
- in general, the environmental effects of burning fossil fuel</p>
<p>these arguments really aren&#8217;t even necessary.  Approaching drilling in the ANWR solely from a national-security perspective, it looks as though it&#8217;s somewhere around #13 on the top-10 list of ways to improve America&#8217;s energy security.</p>
<p>*expected amount = sum of possible quantities times the probabilities of each quantity being found.  I assume that the &#8220;mean&#8221; amount reported in the article is this number.<br />
*exhaustion = the point where extraction of remaining quantities isn&#8217;t economically viable</p>
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		<title>By: Jerminator</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-215</link>
		<dc:creator>Jerminator</dc:creator>
		<pubDate>Fri, 11 Nov 2005 21:49:59 +0000</pubDate>
		<guid isPermaLink="false">#comment-215</guid>
		<description>ANWAR drilling, along with refinery expansion and increased offshore drilling are steps toward not being dependant on the middle east for oil. Basically the Middle East has us by the short hairs because our oil consumption is so high. However the environmentalists in this country have kept us from taking the steps listed above because they claim it would damage the environment. Claims that cannot be substantiated and the technology has outgrown the current laws. So this wouldn&#039;t fix high gas prices, but it would make it so we weren&#039;t so beholden foreign oil.</description>
		<content:encoded><![CDATA[<p>ANWAR drilling, along with refinery expansion and increased offshore drilling are steps toward not being dependant on the middle east for oil. Basically the Middle East has us by the short hairs because our oil consumption is so high. However the environmentalists in this country have kept us from taking the steps listed above because they claim it would damage the environment. Claims that cannot be substantiated and the technology has outgrown the current laws. So this wouldn&#8217;t fix high gas prices, but it would make it so we weren&#8217;t so beholden foreign oil.</p>
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		<title>By: atthecrux</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-220</link>
		<dc:creator>atthecrux</dc:creator>
		<pubDate>Fri, 11 Nov 2005 16:17:24 +0000</pubDate>
		<guid isPermaLink="false">#comment-220</guid>
		<description>I find myself partially agreeing, partially disagreeing w/ expressed sentiments.  Yes, the &quot;gouging&quot; hearings do seem to be mostly pointless grandstanding.  Regarding ANWR drilling, though, I was pleasantly surprised to see it shot down--partly from a wildlife/relatively-virgin-territory  standpoint (I&#039;ll admit up-front that I haven&#039;t researched the issue in depth), and partly because &lt;a href=&quot;http://hansmast.com/index.php?title=gas_shortage&amp;more=1&amp;c=1&amp;tb=1&amp;pb=1#c4188&quot; rel=&quot;nofollow&quot;&gt;I don&#039;t see high gas prices as a bad thing&lt;/a&gt;.  Drilling in the ANWR seems to be, at best, a way to prolong an obsolete energy paradigm when we should be investing in development of alternate sources.</description>
		<content:encoded><![CDATA[<p>I find myself partially agreeing, partially disagreeing w/ expressed sentiments.  Yes, the &#8220;gouging&#8221; hearings do seem to be mostly pointless grandstanding.  Regarding ANWR drilling, though, I was pleasantly surprised to see it shot down&#8211;partly from a wildlife/relatively-virgin-territory  standpoint (I&#8217;ll admit up-front that I haven&#8217;t researched the issue in depth), and partly because <a href="http://hansmast.com/index.php?title=gas_shortage&amp;more=1&amp;c=1&amp;tb=1&amp;pb=1#c4188" rel="nofollow">I don&#8217;t see high gas prices as a bad thing</a>.  Drilling in the ANWR seems to be, at best, a way to prolong an obsolete energy paradigm when we should be investing in development of alternate sources.</p>
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		<title>By: Hans Mast</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-221</link>
		<dc:creator>Hans Mast</dc:creator>
		<pubDate>Fri, 11 Nov 2005 14:03:38 +0000</pubDate>
		<guid isPermaLink="false">#comment-221</guid>
		<description>Yeah, I did. I was ticked!</description>
		<content:encoded><![CDATA[<p>Yeah, I did. I was ticked!</p>
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		<title>By: Jerminator</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-222</link>
		<dc:creator>Jerminator</dc:creator>
		<pubDate>Fri, 11 Nov 2005 14:02:37 +0000</pubDate>
		<guid isPermaLink="false">#comment-222</guid>
		<description>Did you see that ANWAR drilling was dropped from the budget bill yesterday? &lt;br /&gt;
&lt;br /&gt;
So basically congress is saying to the oil companies: &quot;No you can&#039;t drill for oil. So anyway why are gas prices so high?&quot;&lt;br /&gt;
&lt;br /&gt;
On the bright side though gas prices, at least in Richmond have gone down significantly over the past couple of weeks.</description>
		<content:encoded><![CDATA[<p>Did you see that ANWAR drilling was dropped from the budget bill yesterday? </p>
<p>So basically congress is saying to the oil companies: &#8220;No you can&#8217;t drill for oil. So anyway why are gas prices so high?&#8221;</p>
<p>On the bright side though gas prices, at least in Richmond have gone down significantly over the past couple of weeks.</p>
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		<title>By: Hans Mast</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-223</link>
		<dc:creator>Hans Mast</dc:creator>
		<pubDate>Fri, 11 Nov 2005 13:52:49 +0000</pubDate>
		<guid isPermaLink="false">#comment-223</guid>
		<description>Lol... That&#039;s a funny story all around.</description>
		<content:encoded><![CDATA[<p>Lol&#8230; That&#8217;s a funny story all around.</p>
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		<title>By: StikkBomber</title>
		<link>http://hansmast.com/2005/11/oil_profits/comment-page-1/#comment-219</link>
		<dc:creator>StikkBomber</dc:creator>
		<pubDate>Fri, 11 Nov 2005 13:43:12 +0000</pubDate>
		<guid isPermaLink="false">#comment-219</guid>
		<description>&lt;p&gt;It still needs to be said that the oil companies line the pockets of politicians, much like unions, ecology watchdogs, telecommuncitaions, arilines and other lobby groups do. Indeed, according to the Washington Post, the veractiy of questioning the oil executives got was almost inverse to the amount they poured into a given Senator&#039;s pocket, uhm, campaign, e.g. these excerpts from a Dana Milbank article yesterday&lt;/p&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;blockquote&gt;The companies summoned to testify have given about $400,000 in PAC money this year alone -- and much of that has found its way to those who served as the executives&#039; interrogators.&lt;br /&gt;
...&lt;br /&gt;
&quot;First, let me begin by thanking each of you and the companies for what you all did to save lives, to save property, to restore the communities along the Gulf Coast,&quot; said Sen. Mary Landrieu (D-La.), who has taken $249,155 in oil and gas money over five years, according to the Center for Responsive Politics.&lt;br /&gt;
...&lt;br /&gt;
When Energy Committee Chairman Ted Stevens (R-Alaska, $102,190) announced that he would not require the executives to give their testimony under oath, Sen. Maria Cantwell (D-Wash., $9,400) asked for a vote on the issue. Stevens shot back: &quot;There will be no vote . . . It&#039;s the decision of the chairman, and I have made that decision.&quot;&lt;br /&gt;
&lt;br /&gt;
&quot;I move that we swear in witnesses,&quot; Cantwell persisted.&lt;br /&gt;
&lt;br /&gt;
&quot;I second the motion,&quot; said Sen. Barbara Boxer (D-Calif., $9,450).&lt;br /&gt;
&lt;br /&gt;
&quot;That&#039;s the last we&#039;re going to hear about that, because it&#039;s out of order,&quot; a piqued Stevens replied. When the two women continued their protest, the chairman informed them that &quot;I intend to be respectful of the position that these gentlemen hold.&quot;&lt;br /&gt;
&lt;blockquote&gt;&lt;br /&gt;
&lt;p&gt;I&#039;ll give the oil company execs some credit for at least being brave. Here&#039;s what they thought about their tax breaks, a tried and true Republican platform. Here&#039;s the Milbank article again:&lt;/p&gt;&lt;br /&gt;
&lt;blockquote&gt;&lt;br /&gt;
At times, the senators seemed to be bigger boosters of the industry than the executives themselves. Under questioning from Sen. Ron Wyden (D-Ore., $12,500), all five executives testified that they did not need the tax breaks in the recent energy bill.&lt;br /&gt;
&lt;br /&gt;
&quot;That energy legislation is zero in terms of how it affects Exxon Mobil,&quot; said the company&#039;s chairman, Lee Raymond.&lt;br /&gt;
&lt;br /&gt;
This did not sit well with Sen. Kay Bailey Hutchison (R-Tex., $306,820). &quot;But,&quot; she asked, don&#039;t the tax breaks &quot;make a difference&quot; in investment decisions?&lt;br /&gt;
&lt;br /&gt;
Raymond would not play along. &quot;They will not significantly alter the programs that we have,&quot; he said. Stevens scratched his head.&lt;/blockquote&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;p&gt;I guess it&#039;s difficult at best to tug on the thread that stitches a political career together. This then begs the question: who&#039;s running the show on Capitol Hill? Doesn&#039;t seem like the ones elected in are doing anything.&lt;/p&gt;&lt;/blockquote&gt;&lt;/blockquote&gt;</description>
		<content:encoded><![CDATA[<p>It still needs to be said that the oil companies line the pockets of politicians, much like unions, ecology watchdogs, telecommuncitaions, arilines and other lobby groups do. Indeed, according to the Washington Post, the veractiy of questioning the oil executives got was almost inverse to the amount they poured into a given Senator&#8217;s pocket, uhm, campaign, e.g. these excerpts from a Dana Milbank article yesterday</p>
<blockquote><p>The companies summoned to testify have given about $400,000 in PAC money this year alone &#8212; and much of that has found its way to those who served as the executives&#8217; interrogators.<br />
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&#8220;First, let me begin by thanking each of you and the companies for what you all did to save lives, to save property, to restore the communities along the Gulf Coast,&#8221; said Sen. Mary Landrieu (D-La.), who has taken $249,155 in oil and gas money over five years, according to the Center for Responsive Politics.<br />
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When Energy Committee Chairman Ted Stevens (R-Alaska, $102,190) announced that he would not require the executives to give their testimony under oath, Sen. Maria Cantwell (D-Wash., $9,400) asked for a vote on the issue. Stevens shot back: &#8220;There will be no vote . . . It&#8217;s the decision of the chairman, and I have made that decision.&#8221;</p>
<p>&#8220;I move that we swear in witnesses,&#8221; Cantwell persisted.</p>
<p>&#8220;I second the motion,&#8221; said Sen. Barbara Boxer (D-Calif., $9,450).</p>
<p>&#8220;That&#8217;s the last we&#8217;re going to hear about that, because it&#8217;s out of order,&#8221; a piqued Stevens replied. When the two women continued their protest, the chairman informed them that &#8220;I intend to be respectful of the position that these gentlemen hold.&#8221;</p>
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<p>I&#8217;ll give the oil company execs some credit for at least being brave. Here&#8217;s what they thought about their tax breaks, a tried and true Republican platform. Here&#8217;s the Milbank article again:</p>
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At times, the senators seemed to be bigger boosters of the industry than the executives themselves. Under questioning from Sen. Ron Wyden (D-Ore., $12,500), all five executives testified that they did not need the tax breaks in the recent energy bill.</p>
<p>&#8220;That energy legislation is zero in terms of how it affects Exxon Mobil,&#8221; said the company&#8217;s chairman, Lee Raymond.</p>
<p>This did not sit well with Sen. Kay Bailey Hutchison (R-Tex., $306,820). &#8220;But,&#8221; she asked, don&#8217;t the tax breaks &#8220;make a difference&#8221; in investment decisions?</p>
<p>Raymond would not play along. &#8220;They will not significantly alter the programs that we have,&#8221; he said. Stevens scratched his head.</p></blockquote>
<p>I guess it&#8217;s difficult at best to tug on the thread that stitches a political career together. This then begs the question: who&#8217;s running the show on Capitol Hill? Doesn&#8217;t seem like the ones elected in are doing anything.</p>
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