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Henry Waxman: The Bush Administration's Energy Policy: A Five Year Review

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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-01-07 09:33 AM
Original message
Henry Waxman: The Bush Administration's Energy Policy: A Five Year Review
Edited on Thu Nov-01-07 09:36 AM by malaise
Why isn't this being discussed daily by progressives. Bush and Cheney lied. $96 and rising.



the report finds:

* Energy prices have risen rapidly. Over the last five years, crude oil prices have increased by 143%; gasoline prices have increased by 71%; natural gas prices have increased by 46%; and prices for other fuels have increased at a rate significantly higher than the inflation rate.

* American families are spending record amounts for energy. Five years ago, the average American family spent $3,300 on gasoline, home heating, and electricity. This year, the average American family will spend over $5,100 on gasoline, home heating, and electricity. This is an increase of nearly $2,000 per family. The indirect costs of higher energy prices in the form of higher prices for consumer goods and services are likely to cost families another $1,400 per year.

* The nation’s dependence on foreign oil has increased. During the 2000 presidential campaign, Texas Governor George Bush criticized the Clinton Administration for allowing U.S. imports on foreign oil to reach 56% of U.S. oil consumption. Five years after President Bush announced his energy plan, U.S. imports of foreign oil have risen to 65% of U.S. consumption.

While the last five years have seen sharp increases in energy prices and increased U.S. dependence on foreign oil, there is one group that has benefited considerably: the energy industry. Oil companies reported record profits of over $100 billion in 2005.

Full Report here
http://oversight.house.gov/documents/20060516113738-56093.pdf

HTML
http://www.google.com.jm/search?hl=en&client=firefox-a&channel=s&rls=org.mozilla%3Aen-US%3Aofficial&hs=fEG&q=Bush+Administration+energy+policy+five+year+review&btnG=Search
correct link
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-01-07 10:48 AM
Response to Original message
1. From $23 and change in 2003 to $96 and change today
Tweety and the rest of hacks should be discussing Bush and Cheney's great energy policies instead of an election one year away. Air America and KO should be bombarding the Rethug candidates about Bush and Cheney's great energy policies.

This planet has been served up a greasy, slick clusterfuck by these goons. I'd like tohear Rudy on his party's energy policies.

A shameless kick. This is important.
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