Thursday, April 12, 2012

Our Intentional Energy Crisis



With America’s military fighting terrorists in politically unstable and faraway regions of the world and rogue states like Iran and North Korea building their nuclear arsenals, you would think having a safe, secure and reliable source of oil close to home would be a blessing and a relief, and an easy sell to a public that worries about the price of oil...” 
The Capital Research Center, January, 2011



     A great deal of the economic suffering America is enduring is the direct result of extreme mismanagement of our resources by the Obama Administration. 

     A recent report by the Institute for Energy Research reveals that the United States has 3.745 trillion barrels of oil, 14 quadrillion cubic feet of natural gas, and 10.3 trillion short tons of coal.  That means we have more oil than Saudi Arabia, and more natural gas than Russia.  If the EPA would get out of the way, the exploitation of this natural wealth could  relieve the economic burden Americans have endured from high energy prices, and provide vast wealth that could be used to lower taxes, reduce the deficit, and fund truly vital national needs. Instead of sending untold billions to unfriendly governments, we could be making a profit.

     Indeed, we are directly fulfilling the mandate  Obama set forth in January, 2008 when he proclaimed: 

Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.”

The National Environmental Policy Act of 1969 has been used not to protect our health, but as a tool to impose full federal control over a vital sector of the economy. As gas prices soar,high unemployment continues its grip, and the "Great Recession" goes on, it's time to break free of the restraints that an overused law and its radical proponents have imposed upon us.   

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