{"id":29294,"date":"2008-05-13T01:01:01","date_gmt":"2011-05-19T03:50:27","guid":{"rendered":""},"modified":"2011-05-19T03:50:27","modified_gmt":"2011-05-19T03:50:27","slug":"we_ask_the_saudis_to_pump_more_oil_when_we_won_t_do_it_here2","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2008\/05\/13\/we_ask_the_saudis_to_pump_more_oil_when_we_won_t_do_it_here2\/","title":{"rendered":"We Ask the Saudis to Pump More Oil, When We Won\u2019t Do It Here"},"content":{"rendered":"
\n

RUSH: Let me ask you the question again. You think about it for a while. President Bush this week will be in Saudi Arabia. He is going to meet with the head of the royal family there, King Abdullah. He\u2019s going to ask King Abdullah to raise the oil output, to increase oil production. What is wrong with this? What is wrong with this? Greetings, my friends, Rush Limbaugh and the Excellence in Broadcasting Network. 800-282-2882 if you want to be on the program today. Can\u2019t believe the first hour\u2019s already over and we\u2019re into the second one. The address is ElRushbo@eibnet.com. This ought to be very simple answer. We\u2019re going to go to Saudi Arabia and we\u2019re going to ask them to do what we won\u2019t do. We\u2019re going to ask them to increase their oil production to try to get a handle on some of the prices by flooding the market with additional supply, and yet we won\u2019t do it ourselves. <\/p>\n

Cal Thomas, great column today: ‘In Defense of ‘Big Oil.” He went out, he talked to Peter Robertson who\u2019s the vice chairman of Chevron, and Peter Robertson told Cal Thomas that ‘it\u2019s a myth that oil companies are not investing in new energy sources. He says last year alone, Chevron spent $20 billion exploring new sources of energy.\u2019 Snerdley, what was the statistic you gave me late last week, Big Oil has been investigating and spending money in alternative sources of energy for how many years? For 20 years, and they\u2019ve spent about a hundred billion dollars on it, one company has, forget which, for 20 years, and they\u2019ve spent a hundred billion dollars on it, and what do they have to show for it? Nothing that\u2019s anywhere near close to replacing oil. Now, the vice chairman of Chevron, again, Peter Robertson, told Cal Thomas, ‘President Bush\u2019s trip this week to Saudi Arabia is ‘highly embarrassing\u2019 because he is ‘calling on the Saudis to produce more oil when we are not doing it ourselves.\u2019 The last refinery built in America was in 1976. Tighter government regulations are the main reason. <\/p>\n

‘That\u2019s how unserious we are about our energy ‘crisis.\u2019 Robertson said there would be plenty of oil available to the United States if the oil companies were allowed to get it: ‘Eighty-five percent of offshore oil is off-limits.\u2019 Responding to objections to offshore drilling by environmentalists and their allies in Congress, Robertson noted that some of the strongest pro-environment nations in Europe — he mentions Denmark, Norway, the United Kingdom — lease offshore locations for oil exploration. The technology has become so good, he said, that during Hurricanes Katrina and Rita, ‘one thousand offshore wells were destroyed (in the Gulf of Mexico), but not one leaked.\u2019 Australia, he said, has allowed offshore drilling for 40 years without any environmental damage.\u2019 I don\u2019t believe, as far as the environmentalists are concerned, it has anything to do with environmental damage. That\u2019s just their cover. This has everything to do with cutting the United States down in size. This has everything to do with attacking capitalism and the world\u2019s lone remaining superpower. And I have to tell you, it offends me to no end to see the Republican Party going along with this. It offends me to no end. <\/p>\n

This is the kind of stuff that we expect to come out of the Democrat Party and the liberal Democrats. We expect it, and we expect to battle it. We expect to fight \u2019em on it. We expect to defeat them on it. But I guess that has gone by the wayside now. It\u2019s just frustrating as it can be. The idea that we now have ways to do all this without any environmental damage at all, and we still can\u2019t do it. And yet we run around the world asking other oil producers to produce more. I\u2019m biting my tongue here. I\u2019ve read some e-mails here, ‘But, Rush, but, Rush, you don\u2019t understand, McCain is simply seeking Democrat votes. It\u2019s about winning the election.\u2019 Look, winning the election, seeking Democrat votes. ‘He doesn\u2019t really mean this, Rush, he doesn\u2019t.\u2019 I can\u2019t take that chance. I\u2019ve never heard him so enthused. He was more passionate in this speech than I\u2019ve heard him in years, about anything, other than maybe amnesty for illegal aliens and campaign finance reform. I don\u2019t care if it\u2019s about getting Democrat votes. I don\u2019t want Democrat votes this way. <\/p>\n

Cal Thomas\u2019 piece continues. ‘In addition to the sinking value of the dollar, here is the main problem: According to the Department of Energy, US oil production has fallen approximately 40 percent since 1985, while the consumption of oil has grown by more than 30 percent. According to government estimates, there is enough oil in areas accessible to America — 112 billion barrels — to power more than 60 million cars for 60 years.\u2019 I mentioned all of this last week. I\u2019m glad it\u2019s showing up in print here. ‘The Outer Continental Shelf alone contains an estimated 86 billion barrels of oil and 420 trillion cubic feet of natural gas. Had President Clinton not vetoed exploration in the Arctic National Wildlife Refuge (ANWR) in 1995, when oil was $19 a barrel, America would currently be receiving more than 1 million barrels a day domestically, all of it taken by better technology than existed more than 30 years ago. That was when the Alaskan pipeline was built despite protests from environmentalists who claimed it would destroy the caribou. It didn\u2019t, but the environmentalists are back with the same discredited arguments. Because most of the oil remains ‘off-limits,\u2019 we are becoming more dependent on foreign oil.\u2019<\/p>\n

I remember Clinton saying, ‘It will take ten years for this stuff to come online.\u2019 Well, ten years ago, we\u2019d have started, that was 14 years ago, when Clinton said it, we\u2019d have that million barrels a day being pumped right now. Bill Clinton, for his part, could probably go to the oil companies, \u2019cause he\u2019s going to need a job. He\u2019s going to need something. I wouldn\u2019t be surprised, folks, when this presidential campaign is over, I wouldn\u2019t be surprised if there is a movement, it will be a quiet movement, there\u2019s going to be a movement in the African-American community to get Clinton\u2019s office moved out of Harlem. After all this race card business that they\u2019ve been — well, they have been playing it. And Mrs. Clinton running around talking about the white people won\u2019t vote for Obama and so forth. It isn\u2019t going to be long before the black community tells Clinton, ‘We don\u2019t want you here in Harlem anymore. You\u2019re no longer the first black president.\u2019 In which case, Clinton is going to need a gig. <\/p>\n

So what Clinton ought to do, get on the phone to Big Oil. (doing Clinton impression) ‘Hey, guys, you understand how really valuable to you I am? Ha-ha-ha. You talk about foresight. I see so far down the road, farther than you see down the road. They wanted me to okay that drilling up there in ANWR back in 1994, right? And what was the price of oil back then? The price of oil, $19, right? Look at how much money you would have lost by drilling way back then. I have saved you until now, if you start drilling now, if we get permission I\u2019ll work with you on this, I still have a lot of influence with people, you\u2019re going to start pumping oil down there at $126 a barrel. I have saved you money; I have earned you money. We\u2019re going to get this done, guys. You are my buddies now, and I can get this done for you at a price that you never dreamed of being able to get. They kicked me out of Harlem. I gotta go somewhere. I may as well go with you guys. No place else in my party is going to have me. Hell, McCain\u2019s taken my place in my party. What am I going to do?\u2019<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: George in Gillette, Wyoming, we\u2019re going to start on the phones with you today, sir. Nice to have you here. Hello.<\/p>\n

CALLER: Thank you very much. It\u2019s an honor.<\/p>\n

RUSH: Appreciate that.<\/p>\n

<\/a>CALLER: Greetings from the great coal producing state of Wyoming. It\u2019s amazing to me. You\u2019re the only voice of reason on this global warming subject. I, in grade school, studied about dinosaurs 60 million years ago roaming the earth, and the very coal that we produce is a deposit from the plants and animals that couldn\u2019t possibly live in the environment that we have in Wyoming, North Dakota, Montana, Canada today. I mean, there is evidence of cypress trees, fish fossils, dinosaur fossils, all kinds of physical evidence that proves that this earth was a lot warmer then than it is now.<\/p>\n

RUSH: Of course. This is what gets so tiresome about this.<\/p>\n

CALLER: The very concept that John McCain could believe in dinosaurs and believe in the ice age that carved out the great Rocky Mountains and still have an energy policy that he\u2019s got sickens me as much as it does you.<\/p>\n

RUSH: Yeah, but let me tell you something. You say I\u2019m the only voice of reason. That\u2019s not true. There are a whole lot of people who hold this view, and they\u2019re more numerous than anybody knows, and they are going to be sorely felt on Election Day. Now, I will admit that I am the largest voice on this, and as such I carry a great responsibility with me on this. There\u2019s no question that I\u2019m the largest voice on this. This is what becomes so frustrating. Common sense, an undeniable past, as opposed to a wild-guess future. We know there is no doubt that it has been much colder in many parts of the world, including ours, in the past, and we know that it happened because of nothing ancient man could have done or did do. Natural climate variations — in fact, global warming scientists explaining why it\u2019s not going to get warm is an arrested movement here in global warming for the next 10 or 12 years because of natural variations, natural cooling variations. Now, this is very clever of them, because, you see the template, the action line on all of this is, there is global warming, and it is manmade. So when something\u2019s going to happen to delay the accuracy of their forecast, such as 10 to 12 years of cooling, then of course that could be a natural variation, a natural variation into what man is doing. <\/p>\n

The earth, fortunately, has the ability to counteract what we\u2019re doing, but only for 10 or 12 years, and after that, it\u2019s going to be smokin\u2019 hot. It\u2019s just going to climb, the temperature is going to climb, and we\u2019re not going to be able to do anything about it, blah, blah, blah, blah, blah. If there are natural cooling cycles, which we know to be the case, then just stands to reason there have to be natural warming cycles. We have an indisputable past, examples such as those offered by George here, and there are countless other examples of ice ages and mini-ice ages. And, of course, it\u2019s a lot warmer now than it was during those ice ages, so we know there\u2019s a natural warming cycle as well. So we are going to ignore the known past and trade that in for a wild-guess future. This wild-guess future is only a wild guess. It\u2019s not a wild guess in one area. There\u2019s one part of the future that we can predict if either Senator McCain and his government or Barack Obama and his government get their way on this, what I can predict to you with full knowledge I will be exactly right in the future is that you\u2019re going to lose a little freedom, you\u2019re going to lose a little liberty, and it\u2019s going to cost a lot more to live, and we\u2019re going to destroy a lot of wealth trying to create new wealth with alternative energy by getting rid of oil, carbon emissions, and so forth and so on. We know that\u2019s going to happen, if these two guys get their way. What\u2019s going to happen as the result of that is that we\u2019re going to get poorer. There is an attack on capitalism taking place throughout the world, and it\u2019s just outrageous that we have American leaders willing to facilitate that attack on capitalism and then have the audacity to say that what we\u2019re going to be doing is somehow related to free markets. <\/p>\n

This is Rick in Chicago. Rick, you\u2019re next on the EIB Network, sir. Hello.<\/p>\n

CALLER: Hello, Rush, how are you?<\/p>\n

RUSH: Fine, sir. Thanks much.<\/p>\n

CALLER: Longtime listener, love the show. Sometimes I wish I could come down and give you a pat when you\u2019re feeling a little low.<\/p>\n

RUSH: Well, I\u2019m not feeling low. I\u2019m trying not to explode here.<\/p>\n

CALLER: Not today.<\/p>\n

RUSH: That\u2019s why you hear me pausing and sighing. I\u2019m trying not to literally blow up here. I\u2019m not sad.<\/p>\n

CALLER: I have this question of you. Whose oil would you rather be using right now, ours or someone else\u2019s? If in fact that there\u2019s a limited supply of oil on the earth, whose oil would you rather be using?<\/p>\n

RUSH: I\u2019d rather be using ours.<\/p>\n

CALLER: I disagree with that to some extent in that I think what we need is oil security, and not so much to use our own oil.<\/p>\n

RUSH: Well, wait a minute. You cannot be serious. Do you think being dependent on a bunch of people that have no love for us somehow increases our oil security?<\/p>\n

CALLER: I think that Bush, by moving the number of troops and support that we have in the Middle East, he perhaps thinks that we have the security we need.<\/p>\n

RUSH: I don\u2019t follow that whatsoever. Bush, by moving the number of troops and support that we have in the Middle East, thinks we have the security that we need?<\/p>\n

CALLER: Security for the delivery of oil to this country. When you take in all factors, you know, a lot of it comes from South America, some from Russia, a lot from the Middle East, by having a presence there —<\/p>\n

RUSH: What are you saying? If any one of these countries declines to sell us oil we\u2019re going to attack \u2019em?<\/p>\n

CALLER: Not necessarily, but, you know, we\u2019re certainly in a position to say, you know, what you\u2019re doing right now ain\u2019t so good and we\u2019ll do something about it. You know, if it\u2019s an economic threat, it\u2019s a threat.<\/p>\n

RUSH: Yeah. Well, there wouldn\u2019t be any economic threat if we had our own oil and if we were using our own oil, and it wouldn\u2019t be nearly as expensive as it is today, gasoline and all the derivative products of oil wouldn\u2019t be nearly as expensive because there wouldn\u2019t be the ability to have contrived shortages. The idea that we are more secure by using somebody else\u2019s oil — the thinking on this is let\u2019s use theirs, sort of like the idea of using other people\u2019s money when you want to finance your business or your home or whatever, go out and borrow it and so forth. I don\u2019t want that kind of debt when it comes to oil. I\u2019d just as soon have our own. Believe me, there is no grand strategy here to protect our oil, and only go get it when the rest of the world runs out. That\u2019s not what this is about. There\u2019s no grand thinking, nobody\u2019s forward thinking, saying, ‘Okay, let\u2019s use up all the Saudis\u2019 oil, and then they\u2019ll be nobodies, and let\u2019s have Hugo Chavez use up all of his oil, and then he\u2019ll be a nobody, and then let\u2019s have the Russians, let\u2019s have them use up all their oil, and then they\u2019ll be nobody, and then when they don\u2019t have their oil and they\u2019re nobody, that\u2019s when we\u2019ll start getting our own and we will once again own the world.\u2019 Ain\u2019t going to happen, is not part of the plan, primarily because that kind of thing would take so many years to play out. The amount of oil that is underneath the ground in all these countries that you have mentioned is decades and decades and decades. This is not the way to do it. We are not increasing our security at all by not having our own oil, pure and simple. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Let me ask you the question again. You think about it for a while. President Bush this week will be in Saudi Arabia. He is going to meet with the head of the royal family there, King Abdullah. He\u2019s going to ask King Abdullah to raise the oil output, to increase oil production. 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