Democrat's Mentally Retarded Energy Policy
posted by KenTX 04/25/2008 01:11:57 AM EST

If you like this story,
digg it!
What happens when oil goes to $120 per barrel? Energy companies have the incentive to find and produce more oil.
Brazil just discovered a huge new subsea oil field, one of the largest oil discoveries in history
.
Energy companies are developing a massive tract in North Dakota.
Chevron is producing the Jack Field, 270 miles out in the Gulf of Mexico.
George W. Bush is promoting a single solution for America’s energy needs:
START DRILLING NOW!!!!
He wants to drill in
ANWR.
What is the Democrat Party response? Obviously, they fight the Bush Administration every goddam time they try to open up drilling. In the words of Nancy Pelosi:
“We cannot drill our way to energy independence.”
Really? Well look how much independence we’re going to get out of that Bakken Field in North Dakota.
“The US imported about 14 million barrels of Oil per day in 2007, which means US consumers sent about $340 Billion Dollars over seas building palaces in Dubai and propping up unfriendly regimes around the World, if 200 billion barrels of oil at $90 a barrel are recovered in the high plains the added wealth to the US economy would be $18 Trillion Dollars which would go a long way in stabilizing the US trade deficit and could cut the cost of oil in half in the long run.”
Did you get that liberals? A single oil formation adds $18 trillion to the American economy.
If Democrats are too stupid to drill for oil in the Gulf of Mexico,
China is happy to come in and do the job.
If Democrats are too stupid to drill for oil in the Arctic,
Russia is happy to come in and do the job.
But I saved the best for last. We’ve already seen that Democrats don’t want to drill for oil in America. They are not interested in the least in domestic sources of oil. So what is their solution?
They want OPEC to increase production so we can become even more dependent upon Middle East oil!