Of course that all assumes we do something about taking advantage of the resources we have and actually putting ourselves in a position where we’re not at the mercy of foreign sources of the same sorts of products.
Obviously and hopefully, we’ll come up with affordable and available renewable energy products while we’re doing that.
However, we have no coherent energy plan from this administration. Instead it seems to have gone to war with the oil industry and is doing everything it can to slow its ability to find and exploit these resources. 19,000 jobs and 1.1 billion in earnings have been lost since the imposition of the administration’s moratorium. Both former Presidents Bush and Clinton have spoken out against the delays. And the administration remains in contempt of a court order which ordered them to speed up the permitting process. As a result the EIA has estimated a loss of 74,000 barrels a day of production due to the moratorium this year.
Meanwhile our President touts foreign oil, our investment in it and claims we’ll be its “best customer”.
The quality of the linked piece from Bruce McQuain leaves me near completely incapable of picking an excerpt for use here. From start to finish, it shows the feasibility of complete energy independence and highlights the roadblocks put forth by our own representatives. Click on it. Read it. Share it with friends.