Reader Elmer sends today's Corning Leader coverage [pdf] (and jump [pdf]) of the Kuhl and Massa press conferences. Kuhl repeats his support of the Republican energy agenda and "what ifs" the decision not to drill in ANWR. If you read this blog regularly, you already know what Massa said.
This weeks' Massa press conference was all about the price of gas, and the relationship between gas prices and the Iraq War. Read on to hear about what will probably be this Fall's most important intertwined issue.
Massa began the press conference by noting that "if gas hits $4.50 a gallon, this country is going to have a hard time moving forward economically." He pointed out that, unlike a lot of other Western countries, we rely mainly on cars for passenger transport, especially in rural areas like most of the 29th.
Massa ties the cost of oil to the war in Iraq via our massive borrowing from China:
We borrowed $3 trillion from China to fund the War in Iraq. We devalued the dollar by 50% to repay at a lower valuation. This is a well-known and recognized economic fact. Combine that with the proportion of the price increase due to obscene profiteering and price gouging, and we have a perfect storm.
Massa repeated his solution to the problem: a gas price freeze combined with a stabilization of the dollar. He added a windfall profit tax for big oil companies.
He used the example of the disconnect between the price of gas and the price of oil to show that big oil companies are profiteering:
The price of oil went to $139/barrel one day, and we saw a corresponding jump at the pump. It went down to $131/barrel and we saw no change at the pump. Clearly, big oil is using [the price of oil] to gouge the consumer.
Massa also framed drilling in ANWR as a business decision: "Why drill a commodity that is worth $139/barrel today, when we know it will be worth many times that in the future?" He pointed to the DOE study that showed the impact of ANWR drilling as 75 cents/barrel in 10 years. He also noted the impact of using ANWR oil on our children:
I am tired of a government that steals from my children. ANWR is the last accessible strategic petroleum deposit in the United States. I will not support a policy of bleed and greed that will ultimately make the lives of my children much, much harder.
Bob Recotta of the Corning Leader, the other writer on the call this morning, asked whether the windfall profit tax would cause a price increase. Massa replied that the price freeze would prevent that.
I asked about the recently mentioned McClatchy article that identified more commodity regulation and releasing strategic reserves as two possible remedies for high gas prices.
Massa supports more oversight of the commodity markets, not only in oil, but in markets like those that led to the mortgage crisis and bailouts of Bear Stearns.
Massa opposes releasing petroleum from the strategic oil reserve, mainly for national security reasons, but also because it won't work:
Even if we drain every drop out of the Louisiana salt domes, it would have no effect on price at the pump. The overriding reason is that we borrowed $3 trilling from the Chinese without asking for mobilization or sacrifice in this country. Now we're having to pay for it. The Bush Administration plan was to get of the office and run before the chickens come home to roost, but they've arrived on a cool summer breeze.
Those, like my opponent, who said our troops would be home at Christmas last year, the year before, and the year before, are responsible for prices at the pump.
Bob Recotta asked if Massa had heard back from Kuhl's campaign staff on his proposal for joint town-hall meetings . Massa said no, and contrasted Kuhl's response to McCain's willingness to engage in that type of open forum. Massa said that he might have debates with a paper cutout of Kuhl if Kuhl refuses to debate.
I asked Massa for more specifics on how he thought we should prop up the dollar. He said it's "like a recipe" because it's a combination of a number of factors. These include a 25 basis point increase in interest rates, a buy-back of foreign bonds by the U.S. Treasury, and tightening of our monetary supply. He said he realizes that the latter is difficult because of the current liquidity crisis, but we need to move forward in that direction.
Finally, I asked about the Bush Administration's effort to push through agreements for bases in Iraq before the election. He noted that this was a "blatant effort to create huge, permanent military bases in a country we have no reason to be in." He noted that some of the bases are the "size of Connecticut", adding "How can anyone doubt that our problems are related to the huge spending in Baghdad?"
Evan Dawson has a post on the 13WHAM political blog about Kuhl's ANWR position. Evan mentions another point, which is that ANWR oil might end up going to other countries, since the oil market is an international one.
Exile at Rochesterturning also points out that ANWR reserves are 1/25 of the proved Saudi reserves, and 1/12 of Iraq's.
Finally, the Messenger-Post mentions Randy Kuhl's new Mental Health Caucus in a story on Canandaigua VA Hospital's suicide hotline.
Update: Reader Elmer sends this item [pdf] from the Corning Leader, which contains Kuhl's call for Congressional action on gas prices.
Randy Kuhl's latest blog post makes the following claims about ANWR:
The mean estimate of technically recoverable oil in ANWR is 10.4 billion barrels – all of which is now economically recoverable.
- That’s more than twice the proven oil reserves in all of Texas.
- That’s almost half of the total U.S. proven reserve of 21 billion barrels.
- That represents a possible 50 percent increase in total U.S. proven reserves.
These facts would make one believe that ANWR could make a huge difference in our current oil supply. However, let's look at a couple of other facts from the Reuters' article I linked to earlier:
Whatever your position on drilling in ANWR, it isn't a magic bullet, especially when you put Kuhl's raw numbers in context.
Reader Elmer sends Randy Kuhl's op-ed [pdf] from today's Corning Leader. Kuhl's topic is the newly-formed bi-partisan Veterans' Mental Health Caucus. The goal of the caucus is to "increase awareness" of mental health issues around injuries like post-traumatic stress disorder (PTSD) and traumatic brain injury (TBI).
The Corning Leader has a story about gas prices that highlights the differences between Eric Massa and Randy Kuhl on drilling in ANWR. Kuhl thinks the US can be "totally independent" using our own oil supplies.
Today's D&C has an earmark round-up that includes information on Kuhl's process for picking earmarks. Though he uses information from lobbyists, he says isn't influenced by them. Instead, he has a "smell test".
The Massa campaign is having an a grand opening of their Victor campaign office at 5 p.m. today. The office is at 139 Turk Hill Rd, across from Eastview Mall, and food is being served.
Democrats can meet a whole bunch of other Democrats, includng State Senate candidates David Nachbar and Paloma Capanna, there. Republicans can go back for seconds on Massa's dime. In short, fun for everyone.
Reader Elmer sends today's Corning Leader (front [pdf], jump [pdf]), where Randy Kuhl reacts to Eric Massa's challenge to debates similar to those proposed by John McCain. Kuhl says he's open to those debates and then goes on to say how busy he will be, so it looks like we'll probably have a few debates late in the election, as we did last year.
I'm sure Randy Kuhl isn't going to take my advice, but I really don't see a major downside for him if the 29th were to have a good number of freestyle debates along the lines of McCain's proposal. When you have a few, highly structured debates, then much more is at stake in each event. And when those debates are so close to the election, a "gaffe" can be used by one's opponent, with little chance for the person who made a slip of the tongue to correct his statement. Debating early and often makes each individual debate a less stressful and more productive discussion.
The Leader also covers Kuhl's role in the creation of a bi-partisan Veterans' Mental Health caucus in the House.
The Cook Political Report's latest issue re-rated the 29th as a "toss up". It was "leans Republican". Cook just re-rated ten districts, and every district's rating got worse for the Republican.
Dr. Denny at Scholars and Rogues has an extended take-down of Randy Kuhl's latest mailer. I haven't seen the mailer, but it's apparently an attempt to publicize Kuhl's "Fix Washington" program. Money quote:
Representatives in Congress are paid $169,300 annually. Their retirement and pension benefits are substantial. They receive a Member’s Representational Allowance for office expenses that reached between $1.2 and $1.4 million in 2005. They may buy or lease virtually any vehicle (and the gasoline’s included) at taxpayer expense. They receive significant health benefits. They get to be addressed as “Congressman” or “Congresswoman” for the rest of their lives.
And people give them money. In his federal fundraising career, Rep. Kuhl has pocketed $3,082,985 (nearly 60 percent from PACs). If he leaves office with money in the fundraising bank, so to speak, he retains control over the balance, as did retiring Rep. Thomas M. Reynolds.
Despite all these privileges — and responsibilities — as a congressman, Rep. Kuhl has reduced the American system of government to a reality game show. And surely it’s possible that he has plenty of inept company among his remaining 434 peers.
Speaking of Randy Kuhl and blog posts, his new blog post tries to blame the lack of progress on the Iraq supplemental on "Democratic Infighting". Those of us with memories longer than a goldfish, or perhaps a Congressman, might remember that Kuhl voted present on that bill as part of a Republican protest last month.