
06-02-2008, 07:32 AM
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Administrator
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Join Date: Feb 2007
Posts: 16,848
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Re: What If Gas Cost $10 a Gallon ?
Quote:
Originally Posted by TRFrance
Very insightful article:
America's Energy Crisis, A Self Imposed Dilemma.
Part 1 of 2
America originated nuclear power; and yet, we produce only 20% of our domestic electrical energy from the nuclear option while countries such as France produce 78%, and have programmed significantly more, dramatically reducing their dependence on fossil fuels. The safety issue on nuclear power is a non-sequitur given the hundreds of thousands of operating hours on U.S. Naval nuclear propulsion systems without incident. But yet, LEFT-WING FRINGE ELEMENTS in our society THAT COMPRISE A SIGNIFICANT PORTION OF THE BASE OF THE DEMOCRAT PARTY have for 30yrs. managed to bring America's nuclear industry to a standstill.
Our Nation possesses an abundance of untapped petroleum reserves off our coastlines; in the Alaskan wilderness; and, in the form of hi-quality shale oil in the Rocky Mountain region where we have the equivalent of ten(10) Saudi Arabia's in recoverable reserves. And yet, we have permitted LEFT-WING FRINGE ELEMENTS to inhibit our access to such deposits. The incredible irony is that the CHICOM are exploring for oil 45miles South of Key West, while we have prohibited ourselves from exploiting the same resources. Had Bill Clinton, in '95, not vetoed the Republican controlled Senate approval of drilling in ANWAR, exploration which has been previously proven to be beneficial to the Alaskan Caribou herds, we would have had an additional one million barrels of domestic oil production on-line TODAY; and, a concurrent reduction in the at-pump price of gasoline of $1/gallon. Further, there is an inherent synergy to be exploited between Nuclear Power and Shale Oil Extraction. Concurrently, Hillary Clinton and Barrack Obama, ensconced in their own vision of scuttling fossil fuels, have both pledged to confiscate the profits of America's Energy Companies. A move that would cripple our capacity to explore/develop additional petroleum reserves; greatly exacerbate our dependence on foreign sources; and, dramatically further increase the price of fuel at the pump.
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http://www.nashvillecitypaper.com/mo....php?postid=30
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I clearly remember eight years ago when President Bush was trying to get Congress to authorize drilling in ANWAR and the critics said we didn't need to because "it would be about ten years before any oil would pump".
If we had done that back then about one million barrells a day of additional oil would be coming on line in the supply chain about now.
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