RICHMOND
Democratic U.S. Senate candidate Mark Warner today called on the United States to step up pressure on OPEC nations to increase oil production.
In outlining his energy platform, Warner also urged a crackdown on commodity speculators who are driving up gas prices, and he called for federal investments in renewable energy sources and the development of fuel-efficient cars.
Warner said he favors gas and oil exploration off the Atlantic and Pacific shores. He opposes drilling for oil in the Alaskan National Wildlife Refuge.
His opponent, Republican Jim Gilmore, has called for aggressive drilling off the Atlantic and Pacific coasts as well as in Alaska.
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My first check against Warner
Why offshore drilling, but not ANWR. Has he explained his stance?
Not that any of this has relevance; the greenies will have this locked-up in the courts for 20 years all the while lobbying congress to stop...
Not speculators fault.
The main reasons for high oil is supply demands and the WEAKENED US Dollar folks!
Speculators look at future trends based on current available data.
Let's put blame where it should be. The 30 years of ignoring this problem from the U.S. Govt.
Drill here. Drill now! Let's stop giving all of our money to the middle east!
Warner will change his tune
When Barry tells him that he's supposed to be against domestic drilling anywhere.
aalto
Saudi Arabia stated that they will increase production, not OPEC as a whole.
More useless ideas
They've been towing that same party line nonsense for decades and it just plain doesn't work. We need someone with some courage to take the political risk to come out and say we need major nuclear power expansion, an interstate passenger train system, and more research on electrical storage devices like fuel cells. Throwing more research money away on the same politically correct ideas is just going to leave us in worse shape. Trying to manipulate the market with government pressure will put us back to ration cards and "no gas" signs.
Um, Hey Mark..They did
I guess Warner doesn't get the paper, or forgot to turn on the TV or something. OPEC has increased production. What needs to be done is put pressure on the futures speculators to stop the insane practice of over-bidding just because the wind blows. The problem is not OPEC or the gas companies, is the stock and futures buyers.