As many of you know, I'm a proponent of the "Drill Now" coalition that believes that the laws of supply and demand still govern modern day economics, and that increasing domestic supplies of oil will not only reduce the price of oil and reduce our dependency on foreign oil, it will increase revenues for the state & local jurisdictions without raising taxes on hard-working families.
Today, this was in the Long Beach Press Telegram & the Daily Breeze:
"By John Canalis, Staff Writer
Article Launched: 08/27/2008 11:31:22 PM PDT
LONG BEACH - A bill by Assemblywoman Betty Karnette, D-Long Beach, could lead to the discovery and extraction of additional oil from the Wilmington Oil Field beneath the harbor and pour hundreds of millions of dollars into city, port and state coffers, officials said Wednesday.
Assembly Bill 2165 would allow the State Lands Commission to negotiate a contract with the city and Occidental Petroleum Corp. to search for reserves and open new wells in the western end of the nation's third-largest oil field.
The agreement could mean an estimated $130 million to the city, $150 million to the port and $200 million to the state over 10 years, according to a bill summary.
'As we face difficult budget times at both state and local levels of government, this bill has the potential to help protect us from cuts to important city services, such as public safety,' Karnette said in a prepared statement.
'And as a Long Beach resident, I'm all for that.'"
Has the issue of higher gas prices reached a boiling point for voters, including Democratic voters throughout Long Beach? As many of you have correctly advised me as early as June, the answer appears to be "YES". With Senator McCain edging past Senator Obama in the Gallup Daily Tracking Poll within days AFTER both the Democratic VP selection and the start of their convention, Democratic pollsters appear worried. Both of these events usually trigger a measurable increase in polling for the party candidate, and the state Democrats need voters to be excited about their presidential candidate in order to hide all of their failings here in California. Because this is not the case, and with 20%-30% of former Hillary voters stating their support for McCain (plus another roughly 20%+ of former Hillary voters still undecided), State Democrats are going to start feeling the pinch.
Assembly member Karnette's legacy will mean little if she cannot successfully hand off her termed-out seat to her mirror-image candidate, Bonnie Lowenthal. With California, and especially Long Beach, being a big source of Hillary supporters, the Democrats need to try to win those voters back. Because Senator Obama's campaign has not yet been successful in securing much more than 50% of them, this leaves open opportunities not only for Senator McCain to compete in California, but for Republican Assembly nominee Gabriella Holt to entertain Democrats & Independents that formerly supported Karnette, and are now taking serious looks at Senator McCain.
I believe this is an attempt by Assembly member Karnette and fellow Democrats to try and take the oil issue off of the table, and I hope our Republican nominees and leadership call them out for what this is...blatant pandering. I understand that Democrats will like this bill because it will provide more funds for them to waste; do you really think that public safety has such a low priority in the state budget that their services would be the first to go? And if so, why aren't Republicans calling for an open, public look at how all state services are funded, and where they are on the Democrat's list of priorities? If Public Safety and Education are so high on their lists, why are they the two subjects always threatened to be cut if another bond isn't passed?
We'll have to see how serious Assembly member Karnette is in ensuring this bill actually gets passed, or if this is merely a political stunt to say "See, Democrats want to solve the oil crisis! We introduced a bill!". I suspect that the worst thing that the Legislature could do, as far as Karnette and the Democrats are concerned, is actually pass this bill. I hope the Republicans call her bluff and pass it!
Then Bonnie can go back to the PV Land Conservancy & the Sierra Club and explain whether she supports Karnette's bill to drill in the district. I think you all know my position...
Thursday, August 28, 2008
NEWS FLASH - Local Assemblywoman says "Drill now"...sort of
Labels:
Budget,
California,
Drill Now,
Gabriella Holt,
Karnette,
Lowenthal,
McCain,
Obama,
Oil,
Press Telegram,
Wilmington field
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