Democrats continuously marginalize America’s potential for domestic energy production. Their law makers, with the help of Obama’s pen and rhetoric, have declared war on energy. They chose to tax “Big Oil”, limit oil production and exploration, revoke leases for inland production and rendering it financially backbreaking for businesses to drill on federally owned land. Democrats decry record profits made by the oil industries as evil and mislead the country to believe they are only leveling the playing field between consumer and producer. In actuality, the Earth-Democrats are engineering a sinister plan for blowback. A person who possesses even an elementary understanding of macroeconomics would know these added costs will simply be passed on to the consumer.Unfortunately the Democratic Party has aligned itself with environmentalists who oppose most energy production. What we get from Democrats are pie in the sky schemes and wasted money on unproven alternative energy sources. When it comes to the sources that actually produce our energy, we get crippling regulation, taxation, and bureaucratic hindrances that drive up the costs and restrict new construction and exploration. Energy policy is just one of the many reasons to vote Republican.
LIVE: President Trump Holds a Rally in Salem, VA - 11/2/24
13 minutes ago
Reasons the US needs to use less oil:
ReplyDelete1. It's weakening the economy by increasing foreign debt
2. it gives money to enemies of the US
3. global warming
4. peak oil (whether it's now or in 10 years, oil prices are only going in one direction)
Remember, some of oil's most important functions are _not_ energy production (plastics, fertilisers, medicines, etc).
1. Oil is also critical to the economy.
ReplyDelete2. That's why we need more domestic energy production.
3. Why we need more nuclear power and any other alternative energy source that doesn't contribute or contributes less to climate change. But we need oil now.
4. Peak oil is nonsense, at least in the near term. How long have people been talking about it? There are still undiscovered and unexploited sources of oil -- for example the massive shale oil deposits.
"Remember, some of oil's most important functions are _not_ energy production (plastics, fertilisers, medicines, etc)."
True, but that's another reason we need more oil, not less.
The problem is that even if we opened up more domestic oil fields, nothing would really change. Prices are set on the world market which is dominated by OPEC.
ReplyDeleteAs far as environmental concerns go, I seem to remember that most of the oil in the united states is shale oil, the recovery of which is devastating to the environment. I'd rather spend the next 20 years paying for high priced foreign oil and building nuclear power plants than ruin vast swaths of the country for a few hundred years.
On a final note, considering the horrible safety record most oil companies have, I don't think the democrats are wrong to call for better regulation.
"The problem is that even if we opened up more domestic oil fields, nothing would really change. Prices are set on the world market which is dominated by OPEC. "
ReplyDeletePrice are based on supply and demand and futures speculation. Any large new development of oil resources would act to drive down prices.
"As far as environmental concerns go, I seem to remember that most of the oil in the united states is shale oil,"
Most of the known, but untapped reserves, yes.
"the recovery of which is devastating to the environment"
The extent of that is debatable.
"I'd rather spend the next 20 years paying for high priced foreign oil"
It depends how high the price is. And I'm all for building more nuclear plants, but I don't see that happening.
"On a final note, considering the horrible safety record most oil companies have, I don't think the democrats are wrong to call for better regulation. "
Better regulation is different than just more regulation that cripples expansion of domestic energy production. Everyone is in favor of better regulation, the problem centers on what "better" means.