Democrats have no clue about energy policy.
posted by KenTX 04/06/2008 05:29:45 PM EST
As a matter of fact, TYT’s very own
juebawl is working this field.
“America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian and Venezuelan threats of disrupted supply irrelevant.
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.”
There is a
massive new oil field in the Black Hills of Dakota.
This Time essay explores the year 1848, and the coming of age of America. Take a look at this paragraph.
Back in the U.S., it took only a year after the discovery of gold to turn the sleepy little town of San Francisco into a boisterous city, the largest place west of Chicago. Modern California was born. More important, the Gold Rush was a ratification of the most fantastical version of the American Dream, the yearning for instant fortune and easy prosperity, for extreme liberty and land free for the taking from the natives. When they heard the news out of California, Marx and Engels understood that this bizarre phenomenon was another way in which the U.S. might not conform to their view of economic history inevitably unfolding. Engels wrote to Marx that the discovery of gold was a case "not provided for in the Manifesto: the creation of large new markets out of nothing."
Here is the Democrat Party path to $10 per gallon gas:
1.
Withdraw American forces from the Middle East, and allow al Qaeda to overrun the oil producing states.
2. Initiate a
huge carbon tax on gasoline consumption.
3.
Block all domestic drilling in ANWR, continental shelf, Pacific offshore tracts, deep Gulf tracts.
4.
Block expansion of gasoline refinery capacity.
Democrats have lost all right to discuss the price of gasoline for the rest of this century. In fact, if the McCain Campaign is smart, they will make this a priority issue. And don’t waste my time with bullshit discussion on
alternative fuels, because I’m more of an expert on the subject than anyone in this forum, and I’ve been explaining the concept of “negative energy balance process” long before it finally became popular science and conventional wisdom.
