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Posts Tagged ‘oil’

Sarah Palin Hammers Obama Over His Continued Lack Of Coherent Energy Policy

Posted by Gary P Jackson on January 25, 2010

After slamming Barack Obama last year, in a Facebook note that was favorably quoted around the world, Sarah Palin is once again asking Barack Obama just what is he thinking.

While Obama has wasted an entire year pushing an unconstitutional government take over of health care, and globe trotting… chasing Olympic glory, Nobel Peace Prizes, all the while bowing to the world’s leaders and apologizing for America’s very existence, he is neglecting his job..

Obama also took time to try and garner support for the climate change crowd, further trying to promote the global warming fairy tale, the greatest lie ever told.

As we have written over and over, Obama and his cronies stand to make billions off of the global warming scam with a carbon credit trading scheme. And of course, Obama had also hoped to line the pockets of all of his corrupt Chicago buddies, by bringing the Olympics home.

Of course, while the most corrupt President in our nation’s history was trying to enrich his cronies, he was totally and completely ignoring his real job. First and foremost, Obama has totally failed on national security issues.

We’ve had no less than three major terrorist attacks on American soil since Obama took the reigns of Government. In a sane nation this man would have already been removed from office and replaced with someone who was competent.

The other important thing Obama has neglected while he has been more interested in enriching his buddies and feeding his massive ego, is the economy. To say we have a problem with the economy would be an understatement, for sure.

The biggest neglect though has been energy. Obama and his band of communists have no coherent energy policy whatsoever. Oh, they talk about mythical green jobs, but that’s all they are a myth. Pie in the sky.

Energy is the lifeblood of any economy. We can’t run without it. In our world, energy = oil. It’s a fact of life, and no amount of wishing that away is going to change things.

With that said, Sarah Palin again asks Obama just where his head is at:

Where’s the Oil in Our National Energy Policy?

America’s energy challenges are getting more and more serious every day, and yet the Obama administration just doesn’t get it. Please see this informative article that sheds light on one aspect of the president’s problem. It starts by explaining our energy demand will increase, and oil will be part of that demand.

Well, what do you know? The Obama administration, whose entire energy posture going back into the presidential campaign has been both ideologically and practically stridently anti-oil, both as an industry and as a form of energy, has suddenly become “concerned” about China’s oil grab.

This is, to say the least, disingenuous.

The U.S. government under Barack Obama has yet to acknowledge once, in spite of widely held estimates, that oil will continue to account for 40% of world energy demand 25 years from now — this while total world energy demand will increase by 50%, at least.

Read the rest here. I look forward to hopefully hearing President Obama acknowledge America’s need to ramp up domestic energy production, including oil and natural gas developments, during Wednesday’s State of the Union address. Let’s hope his advisers advise him accordingly.

– Sarah Palin

The report Sarah is talking about is from Investor’s Business Daily and is included below:

White House Needs New Look At Energy

By MICHAEL J. ECONOMIDES

It was a rubbing-the-eyes-in-disbelief headline even from an administration whose energy secretary, Steven Chu, suggested that America’s energy dilemma could be solved by painting roofs white, and whose interior secretary, Ken Salazar, talked of garnering 3,000 megawatts of wind-power capacity off the East Coast. (The current total electricity capacity from all U.S. energy sources is about 1,000 megawatts.)

Under the title “U.S. raises concern over China oil policy,” David Shear, deputy assistant secretary of state for East Asian and Pacific Affairs, told the House Armed Services Committee on Jan. 13:

We are pursuing intensive dialogue with the Chinese on the subject of energy security, in which we have raised our concerns about Chinese efforts to lock up oil reserves with long-term contracts.”

Shear was responding to Republican Rep. Roscoe Bartlett of Maryland, who said he was “worried that the Chinese were aggressively buying up oil all over the world and might not share it with other countries in the future.”

Well, what do you know? The Obama administration, whose entire energy posture going back into the presidential campaign has been both ideologically and practically stridently anti-oil, both as an industry and as a form of energy, has suddenly become “concerned” about China’s oil grab.

This is, to say the least, disingenuous.

The U.S. government under Barack Obama has yet to acknowledge once, in spite of widely held estimates, that oil will continue to account for 40% of world energy demand 25 years from now — this while total world energy demand will increase by 50%, at least.

Nor has the administration, mired in Kyoto and Copenhagen global climate rhetoric, acknowledged that fossil fuels, oil, gas and coal will still account by then for over 85% of world energy demand, a largely unchanged contribution from what it is today.

Instead there is constant rhetoric about solar (the president’s favorite during the campaign), wind and “advanced biofuels” which, when combined, are not likely to account for more than 1% or 2% of the world energy demand over the next several decades.

In a Newsweek editorial last April 4, Chu expressed the administration’s energy philosophy and policy: “We must move beyond oil because the science on global warming is clear and compelling: Greenhouse-gas emissions, primarily from fossil fuels, have started to change our climate. We have a responsibility to future generations to reduce those emissions to spare our planet the worst of the possible effects.”

The Americans should not be surprised by the Chinese moves. A far more pragmatic nation, China is acutely aware that energy, in short domestic supply, will be the “choke point” in its future development unless resources are secured throughout the world.

That’s why the very capable Chinese oil companies — CNPC, Sinopec and CNOOC — have fanned out in dozens of countries, making hundreds of billions of dollars of oil and gas investments, including in America’s backyard, Argentina, Venezuela and Canada and a country America presumably dominates, Iraq. Their quest does not preclude unsavory countries such as Sudan or Iran.

The major Chinese oil companies have the full support of the Chinese government and, very importantly, they are admired and praised by the vast majority of Chinese people.

In discussions with Chinese intellectuals, government officials and company executives, the Chinese are often incredulous, all asking essentially the same question: Why is America letting us have a free and uncontested ride in all these energy ventures?

In contrast, American “Big Oil,” (ExxonMobil, ConocoPhillips and Chevron — the only companies really able to play along and compete with the Chinese) not only are not supported or encouraged by the U.S. government, they’ve been routinely vilified by politicians. To the sizeable portion of the American public that’s unaware of the role energy plays in the modern world, they are the devil incarnate.

What the world is witnessing is the largest peaceful transfer of power in history. Energy means power, and while the U.S. is consumed by environmental ideologies and climate rhetoric, it is committing economic hara-kiri in the process. China, riding on energy acquisitions with little competition, will propel itself into the economic stratosphere.

The U.S. should be concerned, but doing something about it will require an unlikely sea of cultural change in the Obama administration.

• Economides is a professor at the University of Houston and the author of “Energy: China’s Choke Point.”

This is quite outrageous, to say the least! This is a direct threat to America’s national security. A threat just as sure as the one we face from al Qaeda or any other terror group. In fact, it’s a quite larger threat, as this threat is being carried out, and there is absolutely nothing that can be done to stop it from happening.

Look, this is pretty simple. Anyone with a pulse understands that no matter what, we are going to need oil and natural gas into the foreseeable future. In fact, natural gas can be a true alternative to burning so much gasoline in automobiles and trucks. It’s a real clean and green fuel.

Energy independence is a national security issue. That should go without saying. Securing our energy supply, developing our own God given natural resources should be job one for any administration. Economic prosperity and national security go hand in hand when we talk energy.

We have more than enough oil and natural gas to be totally energy independent. In fact, we are the Saudi Arabia of natural gas. We have an estimated 200 plus years worth of coal reserves, and we haven’t even started talking about nuclear energy.

What say you Mr Obama? Are going to finally quit pushing your radical Marxist agenda on a nation that has soundly rejected it and start doing your job, and put together a coherent energy policy? Or…are you going to continue to send this nation over a cliff and toward certain destruction?

It’s time to choose buddy…time to choose!

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Drill, Baby, Drill! Yes We Can!

Posted by Ron Devito on October 16, 2009

by Upinak

The Palination

Oh Yes We Can! Drill, Baby, Drill!

Isn’t it great when something can be used for a different purpose?

On Sarah Palin’s new article with the National Review, she lays it down in a way that I have been telling people for years.

1. An environmentalist populace is a problem.

2. Oil, even now is used in everything, including “Electric Cars”.

3. Time to build new refineries.

4. Oil importation is not helping America.

5. Alternatives in energy are not the means to an all.

Yes she does talk about Alaska quite a bit. But with that said, there are other states that are in the same boat. Minnesota, Wisconsin, Michigan, Wyoming, Montana, North and South Dakota, Washington, Oregon, Idaho, Kansas, Ohio, Illinois, Iowa, Maine and the North Eastern States. Why? Because electric cars can’t push 2-3 foot of snow in there is a nice snow storm aka Nor-Easters… can they? I know the electric cars can not deal with the cold here in Anchorage at times. And since that is a fact, how are they doing in the northern states? Not good as they can be just as cold as Anchorage or our interior.

But North Dakota as well as South Dakota has been found to have a HUGE natural gas deposit. Colorado is another state with nice snow storms and good stores of natural gas as well as shale oil. As Kansas is now very much into the natural gas game with other states.

Yet, depending on the outcome, unless it is via your State… drilling on Federal Land is and can be harder then landing on the moon. So, Sarah Palin, is helping to push our own resource. Yes We Can drill on OUR own land, if the Federal Government can get the hell out of the way.

How could this work? Regulations? No, there are enough of them. How about Stipulations? Using ONLY American oil companies, drilling companies and use the oil ONLY in the United States? It could work, if we could get our refineries back up to par or new ones built where they can also use LESS energy then those now.

There are many ways to go on this. It is time to tell Congress and the Senate Yes We Can! Drill, Baby, Drill!

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Drill, Baby, Drill! My analysis on why Sarah is talking Energy on FaceBook.

Posted by Ron Devito on October 7, 2009

by Upinak
The Palination — http://www.thepalination.com/

You gotta love when Sarah does a slam dunk on FaceBook. Especially concerning energy!

But let’s be frank and get down to the punch real quick. A few years ago, some Middle Eastern nations said that they did not want to use the American dollar vs. the cost of a bbl of oil and were only going to use the British sterling which has been done before. And this from the Independent was in interesting find and something I had but recently forgotten.  Please click on link, but the emphasis is mine on this paragraph.

Per The Independent:

Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars. Bankers remember, of course, what happened to the last Middle East oil producer to sell its oil in euros rather than dollars. A few months after Saddam Hussein trumpeted his decision, the Americans and British invaded Iraq.

Opps, do these countries forget so quickly?  I think so.  By the way, this Independent article was published Oct. 6th, 2009.  People ARE paying attention!

You will also not hear that in the news at this moment in time as the MSM will not bring it up to light. I have a link on how the “devaluation” of the world oil industry rates matter with actual graphs of how different exchanges do. But I want you to keep in mind this last paragraph in the study. Emphasis mine.

Middle Eastern Economic Survey:

V. Conclusions

Dollar depreciation reduces activities in upstream through different channels including increased cost, higher inflation rates, lower purchasing power, and lower return on investment. Dollar devaluation increases oil demand in countries with appreciated currencies because of an increase in purchasing power. It also increases the demand for gasoline in the US as Americans spend their summer vacations driving in the US. Large dollar devaluation reduces the supply of oil and increases the demand for oil. Therefore, oil prices will stay high for a longer period than analysts expect.

Three more conclusions are relevant to future research. Studies that focus on the elasticity of demand for oil must use oil prices denominated in national currencies, not in US dollars. Studies that focus on the relationship between energy prices and economic growth must use oil prices denominated in national currencies, not in US dollars. Finally, exchange rates may explain several issues in international energy markets that researchers have been not able to determine or agree on.

Interesting how the MSM also doesn’t talk about this either, yet Sarah Palin in a little over 3 paragraphs is showing the problem of the economic impact of our American Dollar and the impact on Americans. But does Obama care? No. And right now, those Nations (France, Japan, and a few Middle Eastern Countries) are saying they did not have this little “talk”.

But how do we take care of this? Well Russia did some interesting things in 2003, which I don’t recommend any sane country do. What did they do you ask? Russia seized the oil companies across their Nation, and bankrupted them, and then used the oil revenue as well as the natural gas in which they sold to various nations and paid off ALL of their debt in about three years. I am not saying that we should do the same. But if we do more domestic oil production for our own use, it may help us, as in America, in the long run.

With the little bit of history that I have given you, the best defense is to be our own propietor and business.  Pay back our debt to those countries we owe and become quiet and watch the others hawkishly.  I am not talking Ron Paul shut the world out scenario.  What I mean is watch and only talk when asked and not give opinion.  The best defense against speaking out is to not speak at all.

So what do we do?  That is the question that you need to answer yourself.  I have given you some information that the normal American doesn’t pay attention too or simply over looked.  Now what you do with it or research on your own is all up to you. 

What I recommend.  Drill, Baby, Drill!

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Sarah Palin: Further Proof of the Need for Energy Independence

Posted by Ron Devito on October 6, 2009

Following is the complete transcript of Governor Palin’s Facebook posting on energy independence, debt and the declining value of the dollar:

The British newspaper The Independent reported today that Gulf oil producers were negotiating with Russia, China, Japan and France to replace the dollar in pricing oil with a basket of currencies.[1] According to the Wall Street Journal, Arab oil officials have denied the story, but even the possibility of such a talk weakens the dollar and renews fears about its continued viability as an international reserve currency.[2] In fact, today a United Nations official called for a new global reserve currency to replace the dollar and end our “privilege” to run up huge deficits.[3] We can see the effect of this in the price of gold, which hit a record high today in response to fears about the weakened dollar[4] (Palin, 2009, ¶1).

All of this is a result of our out-of-control debt. This is why we need to rein in spending, and this is also why we need energy independence. A weakened dollar means higher commodity prices. This will make it more difficult to pay our bills – including the bill to import oil (Palin, 2009, ¶2).

In his book Architects of Ruin, Peter Schweizer points out that the Obama administration is focusing primarily on “green energy,” while ignoring our need to develop our domestic conventional energy resources.[5] We’re ignoring the looming crisis caused by our dependence on foreign oil. Because we’re dependent on foreign nations for our oil, we’re also at their mercy if they decide to dump the dollar as their trade currency. We can’t allow ourselves to be so vulnerable to the whims of foreign nations. That’s why we must develop our own domestic supplies of oil and gas (Palin, 2009, ¶3).

Though the chant of “Drill, baby, drill” was much derided, it expressed the need to confront this issue head-on before it reaches a crisis point (Palin, 2009, ¶4).

Bottom line: let’s stop digging ourselves into debt and start drilling for energy independence (Palin, 2009, ¶5).

– Sarah Palin

[1] See http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html

[2] See http://online.wsj.com/article/SB125484066563367821.html

[3] See http://www.breitbart.com/article.php?id=CNG.e272eaa74dccc30f21c6ff7638b0f37b.461&show_article=1

[4] See http://news.yahoo.com/s/afp/20091006/ts_afp/commoditiesgoldmetalsprice_20091006144514

[5] See http://www.peterschweizer.com/

*Note: Schweizer’s book is a real eye-opener. The sections on ACORN are quite informative (Palin, 2009, ¶6).

Commentary

In five paragraphs, Governor Palin cuts to the core issues underpinning the need for energy independence. She supports her thesis with evidence and provides references to same. Out-of-control debt, weak dollar, high gold prices, high commodity and energy prices, global instability, scarce and rationed resources are all consequences of our addiction to foreign oil.

We must develop and use the resources we have here and that does not mean checking tire pressure (an Obama-ism), burning ethanol which requires more BTUs to produce than it outputs, or focusing on boutique alternatives. It means drilling in ANWR, and the Outer Continental Shelf. It means building refineries. It means having a single standard for gasoline — not a different additive for each state in the union with summer and winter blends for three or four grades of automotive gas. All these things can be done while preserving the environment. Today’s drilling is not the drilling of 30 years ago.

Obama is continuing three or four decades of failed energy policy. He promised “hope and change.” Energy independence is change we must embrace for our nation’s sake.

References

Palin, S.L.H. (2009, October 6). “Further Proof of the Need for Energy Independence.” Facebook, Sarah Palin. Retrieved October 6, 2009 from: http://www.facebook.com/note.php?note_id=148659543434

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Sarah Palin: Your Tax Dollars Hard at Work…

Posted by Ron Devito on August 19, 2009

Today’s Wall Street Journal contains some puzzling news for all Americans who are impacted by high energy prices and who share the goal of moving us toward energy independence (Palin, 2009, ¶1).

For years, states rich with an abundance of oil and natural gas have been begging Washington, DC politicians for the right to develop their own natural resources on federal lands and off shore. Such development would mean good paying jobs here in the United States (with health benefits) and the resulting royalties and taxes would provide money for federal coffers that would potentially off-set the need for higher income taxes, reduce the federal debt and deficits, or even help fund a trillion dollar health care plan if one were so inclined to support such a plan (Palin, 2009, ¶2).

So why is it that during these tough times, when we have great needs at home, the Obama White House is prepared to send more than two billion of your hard-earned tax dollars to Brazil so that the nation’s state-owned oil company, Petrobras, can drill off shore and create jobs developing its own resources? That’s all Americans want; but such rational energy development has been continually thwarted by rabid environmentalists, faceless bureaucrats and a seemingly endless parade of lawsuits aimed at shutting down new energy projects (Palin, 2009, ¶3).

I’ll speak for the talent I have personally witnessed on the oil fields in Alaska when I say no other country in the world has a stronger workforce than America, no other country in the world has better safety standards than America, and no other country in the world has stricter environmental standards than America. Come to Alaska to witness how oil and gas can be developed simultaneously with the preservation of our eco-system. America has the resources. We deserve the opportunity to develop our resources no less than the Brazilians. Millions of Americans know it is true: “Drill, baby, drill.” Alaska is proof you can drill and develop, and preserve nature, with its magnificent caribou herds passing by the Trans Alaska Pipeline System (TAPS), completely unaffected. One has to wonder if Obama is playing politics and perhaps refusing a “win” for some states just to play to the left with our money (Palin, 2009, ¶4).

The new Gulf of Mexico lease sales tomorrow sound promising and perhaps will move some states in the right direction, but we all know that the extreme environmentalists who serve to block progress elsewhere, including in Alaska, continue to block opportunities. These environmentalists are putting our nation in peril and forcing us to rely on unstable and hostile foreign countries. Mr. Obama can stop the extreme tactics and exert proper government authority to encourage resource development and create jobs and health benefits in the U.S.; instead, he chooses to use American dollars in Brazil that will help to pay the salaries and benefits for Brazilians to drill for resources when the need and desire is great in America (Palin, 2009, ¶5).

Buy American is a wonderful slogan, but you can’t say in one breath that you want to strengthen our economy and stimulate it, and then in another ship our much-needed dollars to a nation desperate to drill while depriving us of the same opportunity (Palin, 2009, ¶6).

– Sarah Palin

Commentary

Unlike most politicians today, Governor Palin practices the politics of progress. Her statement really should be painfully obvious. It is simple common sense and does not require a rocket scientist to analyze.

Very simply put, the Obama administration should be investing taxpayer dollars in domestic energy production, which means drilling in our waters and on our lands. We have the technology to do this in an environmentally responsible manner. We need to dispel the myth that oil drilling in the United States is synonymous with environmental destruction. It is not.

We import over 60% of our oil. A significant amount of that originates from nations which do not have our best interests at heart. This is not just an economic issue; it is a national security issue. Domestic energy production will bring greater peace, because it will extricate us from being involved with enemy nations.

The Obama administration very clearly has its priorities in the wrong place. The United States’ priority for energy production should be the United States, not Brazil — or anywhere else.

In addition to the uses Governor Palin suggested, $2 billion is money that can be spent on building refineries on land which held closed military bases. We have not built a refinery in 30 years.

Governor Palin is spot dead on with this. Just as she was with health care — despite protestations to the contrary from some. She is thinking about what is in this country’s best interests and delineated her thought process very succinctly and cogently.

Obama and his entire administration are bent on leading us down the road to being a dependent, mediocre socialist state. His “thought processes” — for lack of a better term — are the problem and mirror nearly 40 years of the same miserably failed ideologies pertaining to energy that got us into this predicament in the first instance. He promised “hope and change,” but what he is giving instead is really more of the same.

Governor Palin absolutely is the one who offers true hope and change.

References

Palin, S.L.H. (2009, August 19). “Your tax dollars hard at work: First cars, now foreign oil.” FaceBook, Sarah Palin. Retrieved August 19, 2009 from: http://www.facebook.com/sarahpalin#/sarahpalin?v=app_2347471856&viewas=1574531555

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