Tuesday, October 7, 2014

# 1021 (10/7) "5 Policies That Would Make Gas Cheaper"

The Bulletin Board:(Please SCROLL DOWN this page to find the article titled on this post in LARGE CAPITAL LETTERS. Thank you.)
PRAY FOR AMERICATHANK GOD for His many blessings on America throughout it's history. May we then ask that AMERICA once again be a blessing TO GOD, by once again submitting to HIS will in our affairs - both personal and national - that He may truly "heal our land." (2 Chron. 7:14)

U.S. Supreme Court to Reconvene THIS week: Let's be praying WHENEVER the Court is in session as their decisions can have impact on GENERATIONS TO COME. The fact that they may have an opportunity this session to actually vote on same-sex "marriage" where it has the same impact on this country that Roe v. Wade did should be motivating enough!

ELECTION DAY, NOV. 4th.  Let's begin praying that the American people will have wisdom in voting into office those who will lead our communities and nation with integrity and wisdom from God and DO NO HARM!.

WORLD-WDE PRAYER REQUESTS:

Pastor Saeed Abedini (Photo: CitizenGo via Twitter)
Friday, Sept. 26th - Two Year Anniversary of  Pastor Saeed Abedini's Imprisonment in Iran! - [NOTE TODAY'S POST!]
We need to continue to pray for Pastor Saeed - that his health will improve and that he will be re-united with his wife and two young children who live in the United States. We also remain hopeful that in addition to getting the medical care he so desperately needs, that Iranian officials display the kind of humanitarian treatment that often accompanies the start of the Iranian New Year which began on March 21st. This is the time of year when the Iranian government frequently offers clemency to prisoners of conscience. [If you have not yet, please sign the petition for his clemency- http://beheardproject.com/saeed#sign]
PRAY ALSO : - For comfort and peace for Saeed’s wife and children here in the U.S.\
- For a strong witness and testimony from Pastor Abedini in the prison where God has placed him
- For Christians around the world who are being persecuted for their faith in Christ
- For leadership from the White House and State Department in defending the freedoms of Abedini and other Americans
- GO TO SaveSaeed.org to sign a petition over 600,000 others asking for his immediate release

"Not Everyone Happy with Religious Ambassador Pick," Caitlin Burke,July 29, 2014;
http://www.cbn.com/cbnnews/world/2014/July/Obama-Taps-Rabbi-for-Religious-Freedom-Ambassador/  "..An estimated 76 percent of the world's population live in countries where religious freedom is restricted. Secretary of State John Kerry said the United States must take a strong stand against those violations. "Around the world repressive governments and extremists groups have been crystal clear about what they stand against, so we have to be equally clear about what we must stand for," Kerry said. "We stand for greater freedom, for greater tolerance, greater respect, for rights of freedom of expression and freedom of conscience," he said A key development in the 2013 report is the large number of displaced members of religious communities, including entire Christian communities in Syria and Iraq that have been forced to flee their homes because of persecution."
SIGN A PETITION TO THE UN FOR THE PROTECTION OF CHRISTIANS :" The church in Syria has shone brightly for 2,000 years. But today violence and persecution threatens its survival. Thanks to an incredible response, Open Doors is helping 8,000 families in Syria survive each month. We believe the signatures and prayers of 500,000 people will encourage the UN to act and protect the rights and lives of all Syrians, especially the vulnerable Christian community." Go to: http://lp.opendoorsusa.org/emails/nov-13-action/save-syria.html?utm_source=action&utm_medium=email&utm_content=button&utm_campaign=november

UPDATE: "Second US Doctor Sick with Ebola; Crisis 'Out of Control'- CBNNews.com, Sept. 02, 2014;
http://www.cbn.com/cbnnews/healthscience/2014/September/A-Losing-Battle-Ebola-Going-to-Get-Worse-CDC-Says/ "Another American doctor in Liberia has tested positive for the Ebola virus, according to the international Christian mission organization, SIM. SIM leaders report the American doctor was treating obstetrics patients at the organization's ELWA Hospital in Monrovia and not treating Ebola patients..."The epidemic is going faster than we are," he warned. 'We need to scale up our response. We can hope for new tools and maybe they'll come, but we can't count on them.' So far, the West African outbreak has killed more than 1,500 people in Guinea, Liberia, Sierra Leone and Nigeria."
Of course, let's CONTINUE PRAYING FOR AN END TO THE EBOLA CRISIS IN WEST AFRICA AND THE HEALING OF ALL THOSE WHO HAVE BEEN INFECTED.

PRAY FOR THE CRISIS HAPPENING NOW IN IRAQ (see post #907) Pray that allied forces will be able to drive the group ISIS back (see post #964)

LATEST:"Christians in the Middle East Arm Themselves As Genocide Comes to Their Front Door" - Katie Pavlich | Sep 05, 2014;
http://townhall.com/tipsheet/katiepavlich/2014/09/05/christians-in-the-middle-east-arm-themselves-as-violence-rages-around-them-n1887849" Earlier this week the BBC and Al Jazeera both reported on armed Iraqi citizen volunteers who helped government forces fight off ISIS in Amerli. Today, the AP is out with a story about Christians in the Middle East who are arming themselves, carrying weapons with them during daily tasks and heading to the hills at night to defend their communities as violence continues to rage around them. Genocide is at their front door and they're doing everything they can to stop it from coming in... So far, the terror army ISIS has slaughtered and tortured thousands of Christians in Iraq and Syria."

/PRAYER ALERT- UKRAINE: As the Lord leads, please pray: 
*For God to suppress President Putin’s ambitions to "restore" the Soviet empire.
*For the people of Ukrainen [esp. for the church 'to be THE church']  as they wait to see if the Russian troops will advance.
*About President Obama and  to use wisdom in crafting our  foreign policy, and wisdom for his advisers.
Continue to Pray for EGYPT Continue to pray for the tense situation in Egypt and especially for the Christian believers who are being targeted with violence by Muslim Brotherhood members.]

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"5 Policies That Would Make Gas Cheaper" - Nicolas Loris/ September 30, 2014 / http://dailysignal.com/2014/09/30/5-policies-make-gas-cheaper/?utm_source=heritagefoundation&utm_medium=email&utm_campaign=morningbell&mkt_tok=3RkMMJWWfF9wsRonsqrBZKXonjHpfsX56eguXa%2B3lMI%2F0ER3fOvrPUfGjI4DS8tnI%2BSLDwEYGJlv6SgFQrLBMa1ozrgOWxU%3D

Photo: Justin Sullivan/Getty Images

Sick of paying too much at the pump? If you are, there’s good news: There are policies Congress and the Obama administration could implement that likely would lead to lower prices.

If you’re looking to lower gas prices, first look at crude oil prices. Crude oil contributes the largest component to the price of gasoline. As of June 2014, crude prices made up 67 percent of the price of gas, with refining (14 percent), taxes (12 percent), and retailing and transportation (8 percent) accounting for the rest, according to the U.S. Energy Information Administration. The federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon on diesel fuel. States levy their own taxes, ranging from a low of 12.4 cents per gallon in Alaska to more than 52.6 cents per gallon in California.

heritagechart

Because oil is a globally traded commodity, different factors around the world affect supply and demand, which in turn affects the price Americans pay at the gas pump. Growing demand for oil in other parts of the world, especially in rapidly developing regions such as India and China, put upward pressure on prices. Bad weather or geopolitical risks can disrupt supply, increasing prices. For instance, severe weather can shut down a pipeline or refinery, choking supply and driving prices higher.Additional U.S. oil production can significantly increase global spare capacity.

The most effective response to variations in energy prices is simply to allow markets to work. Government restrictions, regulations and attempts to force technologies into the market impede the free market’s efficacy

To help American fuel consumers, Congress and the administration should:

1. Lift the ban on crude oil exports. Removing government restrictions on crude oil exports would decrease gas prices and grow the American economy by creating more opportunities to produce and sell oil and a more efficient system for refining it. A recent IHS study found that removing the ban would lower gasoline prices by 8 cents per gallon, saving motorists $265 billion over 15 years and adding nearly 1 million jobs by 2018.

2. Lift the drilling bans and approve the Keystone XL pipeline. Congress should lift the ban on exploration in the eastern Gulf of Mexico and the Atlantic and Pacific coasts and should conduct more lease sales off Alaska’s coasts. Alaska’s Arctic National Wildlife Refuge is another abundant source of oil, with an estimated 10.4 billion barrels of oil beneath a few thousand acres. Furthermore, if President Barack Obama had approved the permit for the Keystone XL pipeline when the State Department first concluded the pipeline was environmentally safe, the U.S. would have begun importing up to 830,000 barrels of oil per day from Canada to the Gulf Coast refineries as early as 2013. While predicting the exact impact of increased imports of Canadian oil on gasoline prices is difficult, increased domestic production would clearly have substantially benefited the U.S. economy. According to Citi Global Perspectives & Solutions, aggressive domestic production would yield significant economic benefits and put downward pressure on prices.

3. Repeal the Renewable Fuel Standard (RFS). More commonly known as the ethanol mandate, the RFS mandates that refineries blend increasing amounts of ethanol into gasoline each year, reaching 36 billion gallons in 2022. The Congressional Budget Office recently published a report showing the RFS will increase gas prices by 13 cents to 26 cents per gallon as soon as 2017. Multiple federal agency and government-backed studies demonstrate the RFS has harmed Americans, driving up fuel and food prices.

4. Prohibit greenhouse gas and Tier 3 regulations. The Department of the Interior has already suspended oil and gas leases because of their alleged impact on climate change, and refineries are a coming target of the Environmental Protection Agency. Its greenhouse gas regulations will block and increase the cost of energy production, and producers will pass those costs on to consumers.Yet the regulations will have no meaningful impact on the climate. The EPA also has finalized Tier 3 gas regulations to lower the amount of sulfur in gasoline, beginning in 2017. More stringent sulfur regulations could add 6 cents to 9 cents per gallon to the cost of manufacturing gasoline, and the EPA has acknowledged the more stringent regulation will produce no measurable improvement in air quality.

5. Repeal the Jones Act. Signed into law almost a century ago, the Jones Act mandates that any goods shipped by water between two points in the United States must be transported on a U.S.-built, U.S.-flagged vessel with a crew that is at least 75 percent American. By preventing foreign competition, the Jones Act significantly increases domestic maritime shipping prices, driving up costs for American businesses and consumers. A February 2014 International Energy Agency report estimates that repealing the Jones Act would reduce gasoline prices by 15 cents per gallon. The Jones Act creates an unnecessary and expensive hurdle for shipping crude oil from coast to coast, and Congress should repeal it.

High gas prices hurt consumers not only at the pump but also by raising the cost of all goods and services that depend on transportation. Higher prices mean families buy fewer goods and services, slowing economic growth and job creation. Congress should allow the market to determine prices by implementing free-market reforms to improve the market’s ability to respond.

[bold, italics, and colored emphasis mine]

Nicolas Loris, an economist, focuses on energy, environmental and regulatory issues as the Herbert and Joyce Morgan fellow at The Heritage Foundation

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