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"Woe to those who call evil good and good evil, who put darkness for light and light for darkness, who put bitter for sweet and sweet for bitter." -Isaiah 5:20-



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Showing posts with label shale oil. Show all posts
Showing posts with label shale oil. Show all posts

Monday, March 15, 2010

Obama Administration: Hydrocarbon-Deniers

There's a new term for you: Hydrocarbon-Deniers. Those are people who think that we can magically walk away from fossil fuels and everything will be a-okay and all Americans will have good jobs as a result.

That is, until reality kicks in and we see what really happens. The truth is that oil and other fossil fuels are what we need to get our economy back on track. Why the Obama Administration and other leftists are stuck in some fantasy world, I can't even begin to guess.

Investor's Business Daily notes the following:

With an economy struggling to regain sound footing, Chu advocated a starvation diet devoid of additional fossil fuels that are to remain under the ground and seabed. Instead, he supports 53% more funding for wind research and a 22% jump for solar research.

Subsidizing alternative energy fits the classic definition of insanity. Despite huge subsidies, it has proved to be neither cost-effective nor a reliable, significant contributor to our national power grid. Yet we keep subsidizing it, expecting a different result.

"Oil is an ideal transportation fuel, so it will be with us for decades," Chu conceded, even as the administration forbids us from getting more of it here, creating energy jobs, lowering energy costs and cutting our trade deficit. Instead we'll rely increasingly on foreign and often unfriendly suppliers.


How much more money are we going to waste a) researching energy sources that won't fulfill our needs and b) buying oil from Islamic nations so those governments can turn around and give that money to terrorist groups to attack us?

If the left keeps getting its way, we will waste that money forever.

More:

Equally unimpressed with Chu's presentation was another speaker. "Gas is more than a bridge fuel," said James Mulva, CEO of Houston-based ConocoPhillips, noting that huge gas discoveries in recent years in North America in shale and other unconventional rock formations could provide more than a century of supply. "It is part of the long-term energy solution."

"We must overcome the opposition of the 'hydrocarbon deniers,'" Mulva said, playing off Al Gore's term for climate-change skeptics. Hydrocarbon deniers, he said, are those who "believe that renewable energy will quickly and easily replace hydrocarbons and cure all that ails us."

The headline above a story in the New York Times read, "Oil Execs Chortle as Obama Admin Promotes Renewables." Except that it's not funny; it's tragic. To leave vast stores of domestic energy untapped while Americans are looking for cheap energy and jobs is irresponsible. Unfortunately, this administration has no long-term energy solution, other than hoping for a lot of cloudless and windy days.


But the Obama Administration is set to put a 3 year ban in place for offshore drilling. Such bans will only serve to keep the cost of energy high and the prospect of economic recovery low.

You can access the complete article on-line here:

Chortling At Chu
IBD Editorial
March 15, 2010

Tuesday, July 15, 2008

Will To Drill Is Strong And A New Political Cliche

Two items today that go right to the heart of our energy crisis. The first is from Investor's Business Daily. Just the first paragraph alone sets a very telling tone:

Contrary to claims by Al Gore and others that global warming is the greatest challenge of our time, Americans by better than 3-to-1 say the price of gasoline is a bigger problem now, according to the latest IBD/TIPP Poll.

Moreover, they stand willing to do something about it, including and especially drilling for oil in the Outer Continental Shelf and in federal shale reserves in Colorado, Wyoming and Utah.

Even drilling in Alaska's Arctic National Wildlife Refuge is backed by a plurality of Americans.

...

Only 23% say climate change is more important.

The sentiment prevails across the board — among men and women, old and young, rich and poor, and Republicans, independents and Democrats, two-thirds of whom say gas prices are more important.


That really says it all. So, when is Congress going to do something about it? More importantly, when are we Americans going to get rid of the do-nothing members and vote in people who will get things done?

You can access the complete column on-line here:

Will To Drill Is Strong, Poll Finds; Climate Change Pales As Concern
Investor's Business Daily
July, 14, 2008




And why should we boot out the Congress we elected in 2006? Hugh Hewitt gives us the answer, once again right from the very first paragraph:

The economic mess the country confronts can be laid at the feet of Barack Obama, Nancy Pelosi and Harry Reid. The Don’t Drill Democrats are forcing deindustrialization through depression brought about by soaring energy costs. This is a man-made meltdown, and make no mistake: The Democrats could halt and reverse the skyrocketing cost of oil, but they are choosing not to.


The results of their inaction/choice not to act have been staggering and will only get worse:

The impact of the massive oil shock brought about by the rise of oil to more than $140 a barrel has just begun to be felt. The airline industry has gotten organized to alert everyone it can that it cannot continue to stagger along at this price. Eight airlines are completely gone that flew a year ago, and many others are on the brink. Layoffs and new charges to battle soaring costs are hardly worth noting they arrive so frequently.

Tremors continue to course through Wall Street as investors shunned mortgage giants Freddie Mac and Fannie Mae and yesterday worried Congressmen throw questions at the Fed Chairman and the secretary of the Treasury: How bad can it get?


Very bad. As I noted in another blog posting, oil is not our lifeblood; it is our energy. We need it like the human body needs food. To repeat the idiotic mantra that we need to "wean ourselves off of oil" is like saying that we humans need to "wean ourselves off of food." Only an idiot would believe such a claim.

More:

The environmental lobby owns Nancy Pelosi and Harry Reid, and Barack Obama –the brave new leader—doesn’t dare take it or them on. That lobby is applauding the deindustrialization underway, and their attitude is that a depression wouldn’t be such a bad thing as a lesson in learning how to live within our environmental means. Their jobs aren’t on the line, after all, and their disdain for the impacted industries is complete.

What they and the Triple D Democrats hasn’t counted on, though, was America making the connection between the deteriorating economy and their anti-energy agenda.

Energy is freedom. Energy is prosperity. Every Democrat on the fall ballot is part of the anti-energy party which is wrecking havoc on the economy and every family’s budget. A vote for any Democrat is a vote for shortages, rising gas prices, rising unemployment, and falling production.


I don't like political cliches, but the one for 2008 is "It's the oil, stupid!"

You can access the complete column on-line here:

It's The Oil, Stupid
Hugh Hewitt
TownHall.com
July 11, 2008