McCain on $4 gallon gas – Drill !!!
Posted by rightwinger on June 18, 2008
Go, go, go!!!! We need oil and gas now. I’m all for renewable sources of energy, but we need oil now. Even if we find the next best oil replacement, it will takes decades to get it to the consumer.
Whoever controls oil controls much more than oil. And in our time, much of the world’s oil supply is controlled by states, regimes, and a cartel for which America’s well being is not exactly a priority. Many occupy a violent part of the world — a region all the more violent for the influence of oil wealth. Their opinion of America runs the full spectrum from indifference to hatred. And yet these regimes are today the masters of the oil market.
Somehow the United States — in so many ways the most self-reliant of nations — has allowed and at times even encouraged this state of affairs. This was a troubling situation 35 years ago. It was an alarming situation twenty years ago. It is a dangerous situation today. And starting in the term of the next president, we must take control over our own energy future, and become once again the master of our fate.
Energy policy has enormous implications for America’s economic security, our environmental security, and, above all, our national security. Each one of these challenges demands our concentrated consideration. And each one requires that we look beyond the special interests that too often dominate energy policy. We need to draw on the best ideas of both parties, and work together for the common good.
As in other challenges that confront our nation, we must shape events, and not simply manage crises. We must steer far clear of the errors and false assumptions that have marked the energy policies of nearly twenty Congresses and seven presidents. There are dangers in the long term and dangers in the short term. Some tasks will be the work of decades, and some the work of years. And they all will begin in the term of the next president.
But to make the great turn away from carbon-emitting fuels, we will need all the inventive genius of which America is capable. We will need as well an economy strong enough to support our nation’s great shift toward clean energy. And this gives us only further incentive to protect ourselves from the sudden shocks and ever-rising prices that come with our dependence on foreign oil.
Up to a point, these sudden rises in the price of oil are explainable in the terms of basic economics. When demand exceeds supply, prices always rise, and this has happened very dramatically in the demand for oil. Two powerful forces in the oil market today are China and India, nations in which a third of humanity is suddenly entering the industrial era — with all the cars, construction, and consumption of oil that involves.
It takes a very short leap in logic to wonder why we produce less and less crude oil, while we use more and more of it, or why politicians talk so much about promoting alternative energy sources, but often do so little to promote these alternatives. A reasonable observer, presented only with these numbers of consumption and production, might draw the conclusion that America has accepted this fate because we have no choice in the matter, or because we have no resources of our own. But just the opposite is true: We do have resources, and we do have a choice.
In oil, gas, and coal deposits, we have enormous energy reserves of our own. And we are gaining the means to use these resources in cleaner, more responsible ways. As for offshore drilling, it’s safe enough these days that not even Hurricanes Katrina and Rita could cause significant spillage from the battered rigs off the coasts of New Orleans and Houston. Yet for reasons that become less convincing with every rise in the price of foreign oil, the federal government discourages offshore production.
At the very least, one might assume, America had surely been building new refineries to achieve a more efficient delivery of gasoline to market, and thereby to lower the prices paid by the American people — especially in the summer season. But the policymakers in Washington haven’t got around to that, either. There’s so much regulation of the industry that the last American refinery was built when Jerry Ford was president.