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Upcoming Events

May Meeting

May Meeting w/ Agriculture Commissioner James Comer! Mark your calendars! The Louisville Young Republicans welcome Agriculture Commissioner James Comer to "Shack in the Back" Restaurant in South Louisville on May 24th, 2012. Commissioner Comer is the only Republican Constitutional Officer in the Commonwealth & has pledged to spend an entire evening with the YR's in May. If this wasn't enough, "Shack in the Back" is a Kentucky Proud restaurant, meaning... their menu is filled with meat & vegetables grown right here in "my old Kentucky home." The Commissioner will be introduced by State Senate Majority Caucus Chair Dan Seum & will be addressing the city of Louisville on the latest from the Agriculture industry in Kentucky. After the speech, Commissioner Comer will be answering questions from members of the community, the media, and of course, the Young Republicans. Let's turnout for the highest ranking Republican in Frankfort, Agriculture Commissioner James Comer!

Thursday, May 24th, 2012 - 6:30pm
"Shack in the Back" Restaurant
406 Mount Holly Road
Fairdale, KY


Special Thanks to Rep. Mike Nemes, Councilman Jerry T. Miller, & Councilman Ken Fleming

Wow, what a crowd! Thanks to everyone who attended our April meeting downtown at Bearno's by the Bridge. We had a phenomenal turnout, tasty food, and informative speeches delivered by Rep. Mike Nemes, Councilman Jerry Miller, & Councilman Ken Fleming. In the words of Councilman Fleming, "the Louisville Metro Council is eager to work with the Young Republicans." Be on the lookout for updates from the Metro Council Republican Caucus on our Facebook, Twitter, & Website.



Republican Brooks Wicker nails Yarmuth on Gas Prices

MARCH 20 — In a press conference on Monday, John Yarmuth once again demonstrated that he does not understand the problems we are facing as a nation nor how to adequately deal with them.

His proposal to shift federal dollars being distributed from one group – “oil companies” — to another – “automobile owners” — completely ignores that the problem we collectively face is not who receives government payouts but rather is in fact the government’s rabid addiction to spending. Then again, this is the party whose idea of “fair deal” is nearly always to spread largesse to a few well-honed voting blocs.

Rep. Yarmuth also demonstrates that he does not understand how the energy business works, odd given Kentucky’s importance in the energy sector.

“It’s American families who struggle when the price of gas rises, not oil companies whose record profits only increase when we pay more at the pump,” Yarmuth said.

Actually, consumer reports show that oil corporations actually make more money when the price of oil goes up not when the price of gas goes up. Refining companies pay the spot price for oil and their costs go up when the price of oil does. This is why the cost of gas at the pump rises as the price of oil goes up. It does not mean that these companies are necessary reaping higher profits when the price at the pump goes up, contrary to what Mr. Yarmuth states. Because the U.S. imports about 58% of our petroleum products, companies are paying a spot price for at least that 58% of the oil they refine. The way oil companies make more money is to produce more oil.

The real issue here is the price of oil overall. The single best way to reduce the price of gas at the pump is to supply more oil to the world market. Projects like the Keystone Pipeline, which will bring more oil to the world market, will lower gas prices. As a matter of fact, if President Obama would announce that he was approving the pipeline and opening up more leases to production, almost assuredly the price of oil would drop overnight. Despite what the media would have you believe, Mr. Yarmuth and his buddies in this administration can impact oil prices. They just choose not to.

Oil futures are called futures for a reason. Oil is priced based upon future supply and demand. If we provide more future supply (i.e. new pipelines and more leases) the price of oil will decline in time.

And if we are going to halt subsidies to oil companies, then we should not just spend the money somewhere else. It definitely should not go to specific auto owners. In the old days, this was called vote buying. Of course, Yarmuth would never stoop to use his own money to buy votes, though he has no problem using your money to buy them.

What’s the matter, John, starting to feel the heat? I guess shifting taxpayer payouts to constituents is one way of finding votes. Telling them the truth is another.




                   


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