Quote:
Originally Posted by billethkid
we ALL know it is not cut and dry...or as simple as some would allude....or it takes years to do...or any of the other impediments to get an initiative underway.
How about just acknowledging the potential to do better is right here in the USA and we are not pursuing it.
Even with our current dependency and lower than normal demand the US companies are exporting the oil and the gasoline made from oil being imported. Good business decision. Very bad/stupid strategy for the needs of we the people.
The thrust of the article is we are not pursuing any actions that will sever our dependency.
Forty years ago we imported 50% of the oil we used...today we are at over 70%.
Business as usual in Washington. And apathy as usual among Americans on the subject....for now. I guess we will just have to wait for a crisis to get off the dime on energy.
btk
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BTK...It is curious to me that when I was playing Mexican Train with my neighbors last Saturday night someone brought this very subject up. And now it shows up as an editorial. Seems like a Republican talking point in development.
Nonetheless, I will answer your question....We do need to develop alternatives to foreign oil? We can agree on that, yes we do. However, the premise of this editorial is false…”US oil resources are larger than Saudi Arabia. First no one knows how large Saudi Arabia’s oil reserves really are and then to portray the potential oil shale fields as equivalent is clearly untrue. I know that Sec. of the Interior Salazar is reviewing these oil shale leases and has revoked, what appeared to some, the sweetheart deals extended by the previous administration.
http://online.wsj.com/article/SB125606583982497043.html
Can we domestically drill our way out of this, I don’t agree on that. We need to look at and invest in many options now instead of later.