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Posts Tagged ‘OPEC’

Who Needs Domestic Oil Production? We Can Get All We Need From OPEC!

Posted by Gary P Jackson on December 11, 2010

By Gary P Jackson

Alternate headline: Why We Need President Sarah Palin STAT!

Actually the article below was tweeted by Sarah, so she’s already all over it.

Seems as the geniuses in the Obama regime aren’t concerned that they have all but stopped domestic oil production. It’s all good, because we can just send ALL of our oil purchasing dollars to OPEC, including nations that curse our very existence. I mean how else will these nations fund terror against us and our allies?

When speaking of his tax “compromise” Barack Obama had the gall to refer to Republicans as “hostage takers” and included all of the images to go along with his crass statement. I wonder if he can comprehend the irony here? Barack Obama is willfully, even gleefully, making the United States hostage to OPEC. You couldn’t make up a story this fantastic up if you tried.

From the Institute for Energy Research:

One of the sad truths about the Obama administration is the indifference they have for producing energy domestically.

The administration has given us another piece of evidence of their hostility toward energy production. On page 69 of a new proposed drilling rule, the administration argues that we don’t need to worry that their permitorium will reduce oil production in the Gulf (and destroy good paying jobs) because we can always get more oil from the oil dictators at OPEC:

Here IER refers us to Page 69 of the Interim-Final Drilling Safety Rules. One should read the entire report. These people understand it will harm American companies, many small businesses, and consumers. Evidently they do not care.

b. Will not cause a major increase in costs or prices for consumers, individual industries, Federal, State, or local government agencies, or geographic regions. The impact on domestic deepwater hydrocarbon production as a result of these regulations is expected to be negative, but the size of the impact is not expected to materially impact the world oil markets.

The deepwater GOM is an oil province and the domestic crude oil prices are set by the world oil markets. Currently there is sufficient spare capacity in OPEC to offset a decrease in GOM deepwater production that could occur as a result of this rule. Therefore, the increase in the price of hydrocarbon products to consumers from the increased cost to drill and operate on the OCS is expected to be minimal.

Sadly, our Lords and Masters in the Obama regime fail to define “minimal” as in the increased cost of gasoline and other petroleum products is “expected to be minimal”!

The IER finishes with a statement we wholeheartedly agree with.

It’s a sad state of affairs when our government halts domestic oil production and tells us to just buy oil from OPEC. Will the Obama administration ever get serious about creating jobs in America?

If you are not outrageously outraged at this point, you may want to see a doctor to make sure you are, indeed, still alive!

It doesn’t take an Ivy League education to understand what the Obama regime is doing is insane. It’s national suicide. We already send somewhere between $700 billion and $1 trillion out of the country every single year to purchase much needed oil. This will, of course, increase dramatically.

Despite what the radical leftists will tell you, oil is the lifeblood of our economy. The lifeblood of our Freedom, and the lifeblood of democracy. It’s an essential commodity. We don’t have to be held hostage by foreign nations, many of them who hate us to their very core, nor do we have to be held hostage to radical environmentalists, whose rhetoric is being proven wrong on a daily basis.

We have the ability to safely extract oil and natural gas, with minimal environmental impact.

One of the first things that excited us about Governor Sarah Palin, years ago, was her proactive approach to energy production and environmental safety. She went so far as to create an integrity commission to hold Big Oil’s feet to the fire on safety, and production. She also understands that energy is not just an economic situation, but one of national security. No one seems to understand this better than Sarah.

I ran across an interesting piece a while back in the American Thinker, written by Chad Stafko, and entitled The President’s Oil Reserves Lie. In this article, which is essential reading, Stafko quotes from an article written in Kiplinger Magazine that states:

… untapped reserves are estimated at about 2.3 trillion barrels, nearly three times more than the reserves held by Organization of Petroleum Exporting Counties (OPEC) and sufficient to meet 300 years of demand-at today’s levels-for auto, aircraft, heating and industrial fuel, without importing a single barrel of oil.

This is an attention getter, to say the least!

So here is the United States sitting on reserves three times the size of all of the OPEC countries combined. And yet, we’re going to send our trillions of dollars to OPEC, and other producers, rather than use our own?

This does even count coal, which reports say we have over 200 years worth of, and doesn’t mention nuclear. With nuclear our resources would be almost unlimited. Nuclear power is the one thing that disappoints me as much or more than anything that is part of America’s insane and suicidal energy policy, a policy that has been in place for decades.

France gets over 70% of it’s electricity from nuclear powered facilities. FRANCE. Are you telling me the United States, the nation that basically created the concept of nuclear power, can’t do better than France?

Our Navy has a great fleet of nuclear powered submarines and surface ships. These ships are battle hardened and proven safe. Why Americans can’t wrap themselves around this efficient source of energy is a real mystery and tragedy.

As I look forward, past the Obama fiasco, and on to 2013, I envision an effort similar to JFK’s vision of sending a man to the moon in a decade. It will take that sort of herculean effort, to do what needs to be done, to get us to real energy independence.

Thankfully America is well positioned to do this. When Kennedy had his wonderful vision of exploration and knowledge, we barely had a rocket that could get off the ground safely. They were more likely to blow up in spectacular fashion than actually get off the ground. NASA scientists had to create everything from scratch and at a breakneck pace. It was an effort like no other.

With energy, we have well proven science and production methods. We know HOW to do this and have everything we NEED to do it. We don’t have to invent systems and experiment with them. It’s all proven and time tested.

We have everything we need to become totally and completely energy independent by the end of this decade.

Well, almost everything.

The one thing we are lacking as a nation is the collective will to do it.

That’s it.

We need strong leaders to help America understand that we simply must summon up the will to get this done. Becoming energy independent will create jobs, well paying, durable jobs. Since trillions of dollars won’t be leaving our shores it will supercharge our economy and help lower our budget deficits, even eliminate them.

As a bonus, we’ll no longer find ourselves beholden to anyone for one of the most essential elements of our economy, our Liberty, and our Freedom. We will indeed be in charge of our own destiny. We’ll also no longer fund terrorist nations who then use our own dollars to attack us and our allies.

In short this would be a world wide game changer.

We know of only one leader in this country who can make this vision for America come true. One leader who has the guts and the backbone to get it done, and that’s Sarah Palin.

We need her and we need her STAT!

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