I don't disagree with any of this what I have a problem with is that this is an energy policy not an economic policy. As Zero expected all his “shovel ready” spending to pull the country out of the slide we are in Perry is playing energy the same way.
Drilling rigs, refineries, skilled work force, pipelines etc it's not in place and will take years. The idea oil and Gas gushing out of every corner of the country is something I want to see.
What happens if we could pump 20 or 22 million bbl a day and fill all our needs. What happens to the price of oil when the millions of bbl’s from Canada and Mexico are no longer needed, they're going someplace.
It seems a little more complicated then “Drill baby drill.
That second part is true that it will take years to build up. But I think you need to acknowledge those many years of building up is a lot of jobs and an important part of the economic policy of moving forward.
In the oil/gas/refining industries, there are a lot more jobs in construction of a facility than operating it in the following years.
If you stop and think about it, the cost of energy directly effects the cost of everything. Whether it is a business' overhead, an employee's commute, or a person at home.
You can look at the cost of energy as an unseen tax. It drives or hinders our economy. In addition, energy independence makes our country more secure.
It is a little more complicated, as you say. However, reducing energy costs and making this country independent of market manipulation--should get the ball rolling.