Domestic Fuel

[...] House Passes Energy Bill with Renewable Fuels Provisions [...]

The House bill is a thinly veiled attempt to deceive the public. The drilling moratorium was set to expire, allowing access to most of the areas in question. This bill simply continues the moratorium in the most productive waters, and those waters easiest to access. The United States Congress bears quite a bit of the blame for high oil and gas prices. The Democratic leadership has worked to block new gasoline refineries. New refineries lead to increased competition and lower prices. Especially the Democratic leadership of Pelosi, Reid, and Obama. High gasoline prices over the past months have contributed to the higher than average bankruptcy rate among both homeowners and businesses. Those loss of jobs has further contributed to higher bankruptcies among homeowners. ITS THE ECONOMY STUPID! and the Democratic leadership shares the blame for the bad economy. We currently ship over $700 Billion overseas to foreign government each year. If we had the freedom to drill, much of that money would remain at home and fund jobs in our own economy. Jobs for oil exploration. Jobs to build oil drilling rigs and pipelines and gasoline refineries. Jobs to operate those refineries. Jobs to operate those new pipelines. But Pelosi, Reid and Obama are hell bent to “Save the planet” while ignoring the working class Americans out there who have trouble buying groceries and meeting their mortgage payments each month. And now that mortgages have risen, and our financial markets are in melt down, those same Democrats try to blame anyone except themselves. And they try to deceive the American public with cheap tricks like this bill which will do little to cure our economic problems.
The reason we need to focus on fossil fuels at least in the short term is to gain enough time to create a bridge to the time when new energy technologies such as wind, solar and CNG, actually become economically viable. Hydrogen currently is NOT an economically viable alternative. Neither is CNG, BUT, CNG as a non renewable, yet readily available alternative to oil, is much closer to being economically feasible than is hydrogen which is a renewable resource. Hydrogen is at least 10 years away. CNG can be here in as little as 6 months.

But to get at that CNG, you must drill!

To imply that a comprehensive drilling program will have only marginal impact upon the oil futures market is simply not correct. A comprehensive drilling program will have a significant impact. The impact upon the jobs that will be produced from a comprehensive drilling, transport, pipeline, and refinery program will also be significant. And the fact that the money we currently send overseas to foreign oil suppliers if left here at home in our own economy will have a significant impact as well. I am not saying that we shouldn’t pursue renewable energy sources; quite the contrary I support them all, especially solar, wind. But the fact of the matter is that solar and wind will take 10 years or more to develop. Our economy simply can’t afford to shell out $90 to $150 per barrel oil to overseas suppliers for 10 years. As Boone Pickens so clearly points out this is going to be the largest transfer of wealth in the history of mankind. And we simply can’t afford it. It will continue to have serious and negative impacts upon our economy including the stock market, and the creation of jobs. The Democrats are up to their necks in responsibility for high oil prices and high gas prices. The American people clearly recognize that responsibility. The American people support drilling by a margin in excess of 70%. Let Obama be the one to tell that 70%+ block of voters that he doesn’t agree with them. He has never had the courage to stand up before and I seriously doubt Obama will break that streak given those stats. The Democrats who control Congress bear a large part of the responsibility for high oil & gas prices. Those prices are having a very negative impact upon our economy. Therefore the Democrats bear at the very least a part of the responsibility for the lackluster economy. Those Democrats include Pelosi, Reid and Obama!

Our goverment needs to quit blaming and start doing. During WW2, the auto industry changed from making cars to making tanks and jeeps in 9 months. If the big 3 need a bailout, then WE THE PEOPLE should demand that the cars they produce will be electrical/bio/compressed air/fuelcell or all ot the above, and do it NOW. This contry is running out of time and mony. We need to Drill where the oil companys think there is still oil left in the US. We need to spend as much on Solar, Wind, Biofuels (Algae oil), Nukes, Coal plants that can be cleaned using CO2 capture, as we are now spending in the bail out of these finacial ferms. At least it would put the joblest to work as it did building dams in the 1930s.