The Democrats New Old Energy Polcy

Republican House Policy Committee ^ | 9/12/08 | Mikey_1962

[Mikey_1962]

Our Republican Party has a 21st Century policy to lower gas prices and achieve energy

security through increased American:

1. Production

2. Conservation

3. Free Market innovation

The Democratic Party has a 1970s scheme that will raise gas prices and create energy insecurity through increased Government:

1. Taxation

2. Regulation

3. Intervention

snip

Never one to quit when he was behind, on June 30, 1980, Jimmy Carter signed the Energy Security Act (ESA) into law.

snip

The SFC established ambitious production targets of 500,000 barrels of synthetic fuel per day by 1987; and 2 million barrels of synthetic fuel per day by 1992.

In fact, it was proffered that 25% of the nation’s energy would be derived from synthetics sometime in the 1990s.

What is the moral of this nightmarish nostalgia trip? Carter’s energy plan, including the SFC, were history by 1985, when the predicted market for synthetic fuels did not materialize due to the free market’s “oil glut” that “unexpectedly” lowered gas prices.

[Mikey_1962]

19 Billion dollars later... Nada.

Tax Tax, Spend Spend, Elect Elect

Democrats being Democrats

[CardCarryingMember.VastRightWC]

I think their Energy Policy now is to try to figure out how to get their base Energized.

The only segment of their base with any energy left is the MSM and blogosphere, but it's the wrong kind of energy. Incandescent Venomous Hatred is the type of energy that loses elections.