Contact your Congress critters to let them know that you are tired of high gas prices.
Posted on 06/20/2008 8:21:24 PM PDT by 2ndDivisionVet
Gas is $4 a gallon. Oil is $135 a barrel and rising. We import two-thirds of our oil, sending hundreds of billions of dollars to the likes of Russia, Venezuela and Saudi Arabia. And yet we voluntarily prohibit ourselves from even exploring huge domestic reserves of petroleum and natural gas.
At a time when U.S. crude-oil production has fallen 40 percent in the last 25 years, 75 billion barrels of oil have been declared off-limits, according to the U.S. Energy Information Administration. That would be enough to replace every barrel of non-North American imports (oil trade with Canada and Mexico is a net economic and national-security plus) for 22 years.
That's nearly a quarter-century of energy independence. The situation is absurd. To which John McCain is responding with a partial fix: Lift the federal ban on Outer Continental Shelf drilling, where a fifth of the off-limits stuff lies.
This is a change for McCain, but circumstances have changed. When the moratorium was imposed in 1982, gasoline was $1.20 and oil was $30 a barrel. Since the moratorium was instituted, we've had two wars in the Middle East, and in between a decade of garrisoning troops in Saudi Arabia, Kuwait, Bahrain, Qatar and the UAE to preserve the peace and keep untold oil riches out of the hands of the most malevolent of our enemies.
Technological conditions have changed as well. We now are able to drill with far more precision and environmental care than a quarter-century ago. We have thousands of rigs in the Gulf of Mexico, yet not even hurricanes Katrina and Rita resulted in spills of any significance.
(Excerpt) Read more at startribune.com ...
“At what point did we begin to cut our own production in the seventies, and why? “
In my opinion, the cut in production, the attack on private property and the rise of Marxism disguised as so-called “environmentalism” began with passage of the Endangered Species Act and the creation of the EPA. Numerous congressmen warned that both would be used to destroy free enterprise by giving government de facto control of private property by unelected bureaucrats and their puppet masters in the fascist environmental movement.
The warning has been proved true.
Thank the simpleton and traitorous RINO Dick Nixon - much worse than the disaster Jimmy Carter - and his Marxist rat buddies in congress in 1973.
“Let me chum the conspiracy theorist waters with two words: Gull Island.
Google it.”
O.K. - I found it. Now, what about it?
“
“Sadly..IMHO..it is oil..not love that makes the world go round.”
You’re wrong on both accounts — it is greed that makes the world go around.”
Love made the world, greed stole it and love will take it back. (God is love).
Thank you. This makes a lot of sense. I wasn’t too politically “engaged” during that period, so I don’t recall a lot about the decisions that eventually came back to bite us all in the but—tocks.
First of all, the peak of domestic American petroleum production was seen coming about twenty years after WW II was concluded and somebody could look at something other than the war. $10 billion was freed up by Congress in 1948 to begin coal to liquid plants, but the massive availability of cheap foreign oil caused that project to be shelved. So here we are post peak in America and no coal to liquid plants.
“Peak Oil” isn’t here yet. We’re floating on an ocean of oil..all we have to do is drill for it.
This is Peak Oil now. This is what Peak Oil is like.
Contact your Congress critters to let them know that you are tired of high gas prices.
Excellent article!
I can only lead a horse to water, folks, not drink it for him, too.....LOL
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