Posts Tagged ‘gas prices’

Donnelly (again) capitulates on ANWR

June 26, 2008

(from WNDU.com)

Thirteen days ago, an all time high at the pump for Hoosiers meant an all time low when emotions got in the way. Gas prices reached $4.19 a gallon.

Wednesday, prices like $3.79 in the morning, going back up to $3.91 in the evening shows the rollercoaster keeps going.

Ryan Deeter says, “I think it’s discouraging. It’s very difficult.”

That’s why the 21 year-old says he decided to take a seat and listen for some possible solutions from Republican Congressional candidate Luke Puckett.

Deeter says, “I think sometimes the issues can be oversimplified in political rhetoric.”

Puckett says that’s not true.

He says, “We can bring the price of gas down. We can do it.”

Puckett’s plan is to drill and refine American oil. That’s why he’s taking a trip to ANWR to see if drilling there is a good idea.

Puckett says, “It’s either to say we’re going to drill or not drill. We’re going to debunk the theory if need be or we’re going to put an x on the ground and say x marks the spot.”

That’s an idea his rival, Congressman Joe Donnelly, also supports.

Donnelly says, “I’ve said a number of times we need to be drilling in ANWR and we need to be drilling in our continental shelf.”

Again, that’s another area they agree on.

Puckett says, “We have 45 billion barrels of oil off the Gulf Coast of Mexico. It doesn’t matter, we have China drilling in our backyard off the coast.”

Puckett says Donnelly hasn’t always lived up to his claim.

Puckett says, “He’s gone back and forth and voted against it and he’s voted for it, but at key leadership times he has voted against drilling and refining American oil.”

The incumbent Representative says more drilling is just one part of his plan.

Donnelly says, “We also need to be doing wind and solar hydrogen and we have to be better at conserving.”

He says Congress is working on getting a bill passed that starts to put crude oil back on the market from the country’s reserves.

He’s also working on a plan to drive speculators out of the market by tightening regulations and demanding more “up front” money from people who buy oil contracts.

The price of oil has doubled in a year and a senior oil analyst from Oppenheimer investments testified before Congress this week and said the majority of that increase was because of speculation.

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WNDU: Donnelly and Congress hope to lower gas prices

May 16, 2008

(from WNDU.com)

Gas prices may soon be dropping by as much as 25 cents a gallon within the month.

At least, that is the hope of Congressman Joe Donnelly after the house passed legislation he co-sponsored last night.

NewsCenter 16’s Maureen McFadden talked to Donnelly via satellite Wednesday afternoon.

He says he sent a letter to President Bush in April, asking him to suspend oil shipments to the strategic petroleum reserve.

The president did not, so Donnelly says a bipartisan Congress did.

“So in effect it will prevent the government from competing with families back home for that gallon of gas,” said Donnelly. “So this is a big win for the consumer.”

Donnelly says this is a first step and he would like the extra millions of gallons of gas put on the market to drive prices down and end speculation.

He also says there are enough votes to override a presidential veto.

Hoosier Access: On Gas Prices, Donnelly Stuck in the 70s

May 1, 2008

(the following comes from Hoosier Access blog; DW is not endorsing these views but reprinting this piece to help inform readers of what conservatives are saying about Rep. Donnelly)

In the heart of Indiana’s 2nd Congressional district, the price for a gallon of regular unleaded gasoline yesterday was $3.75 a gallon. For premium, motorists had to shell out $3.95 a gallon. The price of gasoline has risen over 55% since the Democrats took control of Congress in 2007 declaring that they had a solution for the high cost of fuel.

So far, Rep. Joe Donnelly (D-IN02) has responded to the high price of gas by holding a press conference at a gas station just outside of South Bend saying he has sent a letter to President Bush requesting that 20 million barrels of oil from the strategic petroleum reserve be sent onto the market and that the SPR stop taking any more deliveries until prices go back down.

According to Donnelly, if the SPR followed through on his plan by releasing 20 million barrels of oil onto the market, prices would drop by about $0.25. That’s a pretty optimistic number considering that our nation uses a little over 20 million barrels of oil a day. There are 365 days in a year, Joe Donnelly wants to give us one day of relief from high gas prices, that’s not a genuine and meaningful solution, Joe.

Donnelly has yet to embrace the idea of a federal gas tax holiday over the summer driving season and he has voted time and again to raise taxes on oil companies and block our use of domestic oil and gas reserves that are just waiting to be tapped into. Like his liberal San Francisco Speaker, Joe Donnelly prefers to talk about the problem of high energy costs and blame “big oil” instead of providing solutions.

Another bit of energy relief policy that Donnelly is a proponent of is the “Federal Price Gouging and Prevention Act.” This bill imposes significant civil and criminal penalties on those who charge “unconscionable excessive” prices for fuel. According to the Heritage Foundation, the effects of this bill would be the same as an all out price control on fuel sales. By vaguely defining what counts as price gouging, Congress creates an environment in which gas retailers must constantly assess whether or not their market driven prices could fall under the vague definition of price gouging that could land them on the wrong side of a federal court case.

Taken all together, Rep. Donnelly’s proposals to lower the cost of gasoline represent the very worst of the energy policies of the 1970s. After four years of absolutely terrible economic and energy policies, Americans selected Ronald Reagan over Jimmy Carter. Let’s hope that after two years of inept Congressional leadership, Americans will once again select common sense over political hot air and real solutions over political platitudes this November.

Puckett Gives Away Free Gas

April 29, 2008

4-28-08 Media Advisory: Puckett for Congress/St. Joe County Republican Gas Giveaway

–To ease the burden of the “Donnelly/Pelosi Gas Premium” for St. Joe County Residents, as well as to lay out Puckett’s Common Sense Solutions Plan to lower the price at the pump TODAY—

WHO: Luke Puckett and the St. Joe County Republicans

WHAT: Luke Puckett/St. Joe County Republican Party Gas Give-away. The first 50 people to arrive will receive 5 free gallons of gas courtesy of the Puckett for Congress campaign and the St. Joe County Republican Party. Luke will also be revealing his common sense solutions plan for IMMDEDIATE & LONG TERM lowering prices at the pump. The Puckett for Congress campaign will be holding similar gas giveaways at various gas stations located throughout the 2nd district this week.

WHERE: Marathon Station, 111 East Ireland Road, South Bend.

WHEN: Tuesday, April 29th, 3:00 pm.

WHY: To ease the burden of the “Donnelly/Pelosi Premium” that St. Joe County Residents have been paying at the pump since Donnelly and the Democrats seized power, as well as to inform local residents of Luke’s plan to lower the prices at the pump TODAY.