ImWithStupid Posted June 11, 2008 Share Posted June 11, 2008 And I agree. If anyone wants to look at what is the problem with our energy situation and high fuel prices need only to look toward Washington D.C. (specifically the Democratic energy policy since the mid 70's). It has done everything it can to put us in the situation we are in now along with the Federal Reserve's actions that has devalued the dollar... Last Thursday oil prices increased $5.50 per barrel in one day. Last Friday marked the biggest single-day surge in oil price history, rocketing $11 more to $138 on the New York Mercantile Exchange. In just two days, oil costs increased 13 percent. Average Americans are literally driving to the poor house on financial fumes. With gas at more than $4 per gallon, roughly two cars in every household, and the average annual gas usage at 700 gallons, you do the math. Americans are being forced to use their hard-earned money that once put food in their stomachs to now put petroleum into their tanks, but to drive the exact same distances they drove a decade ago for four-to-five times the price. As oil and gas prices skyrocket, Congress continues to play the blame game. In April 2006, with the Democrats poised to take over Congress with Nancy Pelosi at the helm, she released a statement saying, "With skyrocketing gas prices, it is clear that the American people can no longer afford the Republican Rubber Stamp Congress." She followed that with the commitment, "Democrats have a common sense plan to help bring down skyrocketing gas prices by cracking down on price gouging." So has the Democrat's commonsense plan worked? Average gas prices were about $2.50 a gallon at the time. Now they're $4 a gallon and rising. Some crack-down plan. Meanwhile, in the Senate, they are going to discuss this week a cap-and-trade system, something that Obama and MCain both support. The main problem is official estimates say that it will increase gas by another $1.50 a gallon. Or as Newt Gringrich said in an interview recently with Glenn Beck, "It should be called 'Raise prices and destroy jobs' because that's what it will do. It's going to raise the price of gasoline; it's going to raise the price of diesel fuel for truckers. It's going to raise the price of aviation fuel for an already ailing airline industry. It's going to raise the price of heating oil. It's going to raise the price of natural gas, and it's going to raise the price of coal." From the steady decline in the value of our dollar, to trade deficits and oil dependency, our sovereignty is being sold out from underneath us. Might I remind the federal government what one of their original and primary charges is: to protect the American public from the tyranny of foreign powers – which is exactly what is happening through others' financial rule over us. It is sucking the life out of our economy. And Congress is virtually standing by and watching it happen. Look at the energy chaos that our government has allowed. While we remain at the mercy of oil companies, cartels and OPEC, our government has tied the hands of states and citizens to tap even temporary energy relief from our own land. Here are a few key vistas on the oil and energy landscape at the moment: -Though we have more oil in the shale of Colorado, Utah and Wyoming than combined in the Middle East (800 billion barrels), liberals and environmentalists have made it illegal to touch it. -It's illegal to drill in northern Alaska (Arctic National Wildlife Refuge), or off the coasts of Florida or California. -Oil fields in Colorado are being shut down. -We won't develop shale oil fields in the Western states -It's illegal to explore in the Atlantic. -It's illegal to explore in the Pacific -It's illegal to explore in the Eastern Gulf of Mexico We're not receiving any more leases to drill in the Gulf of Mexico, while China, Venezuela and Cuba are. -We haven't built an oil refinery in 25 years and reduced in half those we have -There's enough natural gas beneath America (406 trillion cube feet) to heat every home in America for the next 150 years, but we can't tap it all. -We have the largest supply of coal in the world, but it's Germany who is planning to build 27 coal-fired electrical plants by 2020. -American airlines are in danger of going out of business. -American truckers are being stranded on the sides of the road. -American commuters are going bankrupt trying to travel back and forth to work, and are being forced to work locally for lower wages. Congress, get off your gas, and drill! It's amazing that a Hollywood action star can see it but Congress continues to turn a blind eye to the solution. The oil shale in the US is a large enough supply that it is more than the entire reserve of crude oil in Saudi Arabia and with todays technology could be extracted at $50 a barrel but since the Dems in Congress won't allow the extraction we are paying $130+ for foreign oil. Billions of dollars a day going over seas. This article didn't talk about how we can convert coal to oil, which the US is the worlds Saudia Arabia of coal, to oil in a technology that the Nazi's used in WWII, and the US military is now developing, but the tree hugger Dems in Congress are suppressing for the public. We need to soon choose between ultra pro envioronment or sustaining the American way of life, until alternate energy sources can be developed. They also must give incentives to corporations to develop those businesses. Taxing oil companies and the preposed, "cap and trade" bills will only deter this progress. Quote Link to comment Share on other sites More sharing options...
snafu Posted June 11, 2008 Share Posted June 11, 2008 Great post! And don't it just about piss you off to no end? Keep reading.... For 20 years, environmentalists, Democrats, and a few misguided Republicans have been busy keeping Big Oil out of ANWR and out of the oil fields on the Coastal Shelves, where there are an estimated 635 trillion cubic feet of natural gas, enough to heat 60 million American homes for a century, and 115 billion barrels of oil, enough to replace 100% of the oil we now buy from OPEC for 21 years. At $130 a barrel,that would cut out trade deficit by $5.4 trillion over 21 years. Yes, $5.4 trillion, which is enough to pay the entire federal budget for nearly two years. Family Security Matters ? Publications ? 10 Million Jobs: The High Cost of Saving ANWR Good lord! Quote "You can't stop insane people from doing insane things by passing insane laws. That's just insane!" Penn & Teller NEVER FORGOTTEN Link to comment Share on other sites More sharing options...
snafu Posted June 11, 2008 Share Posted June 11, 2008 Double post. Woops.. Quote "You can't stop insane people from doing insane things by passing insane laws. That's just insane!" Penn & Teller NEVER FORGOTTEN Link to comment Share on other sites More sharing options...
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