obama stated that he would do all he can to bankrupt and ruin our sources of domestic energy and 'switch' our country to the energy sources that are nothing more than Utopian dreams smoked out of the pipe of the liberal, progressive, new world order. He has made it no secret that he has no problem with us paying European prices for gasoline and our energy. The tragedy of this entire plan is that it speed up the bankrupting our entire country as prices keep on climbing for everything, and I mean everything. All you have to do is look over to Europe and there is ample proof that similar policies have failed, and failed miserably. Some countries in Europe has began to dump their push for massive green energy policies and going back to oil, natural gas and other trusted and readily available sources of energy. One of the best examples is Spain and that country is in a total nose dive. Can you say Greece?
The only other real alternative that is feasible and viable(to a point) is solar energy. All the other sources, wind, wave generators and the like are years and years off. Even when they become easier to adapt and use they will be cost prohibitive for the average, soon to be poor American citizen. obama could care less. We are supposed to rush out and trade in our cars, suv's for small, higher MPG suicide boxes on wheels. No thanks. I will suffer with a bit worse mileage and keep my old Buick, which is also paid for.
Alan Caruba has a great opinion on this topic and it is the next feed below. Read it and weep. Then get extremely angry. Then make sure you take action to remove all those in power who are responsible for pushing this twisted and perverse agenda to make us slaves and dependent on the government. Just like Europe.
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Obama's War on Oil, Coal, and America
Alan Caruba
If there is a single reason for defeating Barack Obama’s bid for reelection, it would be his energy policies, all of which have been aimed at denying Americans access to their domestic oil as well as our huge reserves of coal.
Both energy sources would generate thousands of jobs at a time when unemployment figures rival those of the Great Depression. At the same time, domestic oil production would reduce our obscene dependency on foreign oil while coal production would ensure that we can all enjoy the most affordable electricity insofar as coal is responsible for just over half of all electricity generated.
Fortunately for Americans, Exxon has not abandoned the search for new sources of domestic oil, despite the hundreds of millions of dollars this requires. In early June it announced large discoveries in the Gulf of Mexico, the first in decades. As reported in The Wall Street Journal, the company “unveiled three discoveries that are likely to turn it into one of the biggest producers of oil and gas in the region.”
On the same day, Seldon B. Graham, Jr., an oil engineer and attorney, had a letter in The Wall Street Journal in which he noted that “the actual price of U.S. oil is cheaper than the actual price of foreign oil” advising readers that the “the oil price” cited in the media is actually a reflection of Wall Street speculators making bets on the future, not the market price.
“U.S. consumers,” said Graham “could save some $17.7 billion annually at the current price difference if U.S. oil replaced foreign oil.”
At the same time Exxon was announcing its discoveries, the Organization of Petroleum Exporting Countries was holding a particularly acrimonious meeting involving the members of the cartel. The meeting reportedly “broke up in disarray with no decision on raising production—despite widespread fears that higher crude prices were endangering the world economy.”
The so-called Arab Spring involving turmoil in nations from Tunisia to Yemen, along with the fighting going on in Libya, an oil-producing nation, has sharpened the divisions within OPEC, but the greatest of these is between Iran and Saudi Arabia. Iran has played a role in the turmoil, backing the Syrian regime and warning Saudi Arabia against further support of Bahrain. Apocalyptic fears are being generated as Iran closes in on having its own nuclear weapons.
What, then, has been the Obama administration’s response to this? While slowly beginning to provide new permits for drilling in the Gulf of Mexico, having declared a moratorium after the BP accident (and thus destroying countless jobs in the Gulf States region), it is now threatening a new way to shut down oil exploration and production in one of the most oil-rich areas of the nation, the Permian Basin of West Texas and Southeast New Mexico.
The U.S. Fish and Wildlife Service has announced it intends to declare the dunes sagebrush lizard an “endangered species” because it believes that oil production is destroying parts of the lizard’s home. Ignoring the nation’s financial crisis, its high rate of unemployment, and the rising cost of gasoline at the pump, the USFWS thinks that it is more important to protect “a unique sand dune ecosystem” for a LIZARD.
“This is the most prolific oil-production region in onshore America,” said Ben Sheppard, president of the Permian Basic Petroleum Association. That, of course, is why the Obama administration wants to attack it in the same way it has been attacking any off-shore production off the coast of Alaska and, of course, in ANWR, the site of billions of untapped barrels of oil.
At the same time Investors Business Daily took note of the Environmental Protection Agency’s drive to impose new regulations on utilities that use coal. “The rules make sense only if you want less energy, higher prices, and fewer jobs.”
IBD, “and our economy is suffering. Just don’t ask the White House to help.” It estimated that the new EPA rules would cost electric utilities $184 billion by 2030 and kill 1.4 million jobs. They would, of course, increase the cost of electricity to everyone.
Like everything else the EPA proposes, it is based on totally bogus estimates of air pollution in addition to the scientifically-debased assertion that carbon dioxide emissions must be reduced to save the Earth from global warming. Meanwhile, the UN Kyoto Protocol intended to reduce CO2 emissions is soon to end as most of the original nations signing onto it have abandoned it.
America has arrived at a moment in time when the enemy is now the administration in control of its ability to provide the power it needs to dig out of the current financial crisis. If a foreign government was imposing these restrictions we would go to war against it.
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