Barack Obama repeating Jimmy Carter's mistakes
You need to watch only a few minutes of cable news analysis to realize just how ludicrous our national energy policies have become. As escalating tensions and chaos unfold in Egypt, Libya and other Middle Eastern nations, one energy analyst suggested that if Libyan oil supplies were to fail, the United States would rely on Saudi Arabia for its oil needs. If that statement alone doesn’t put U.S. leaders on red alert, the looming national energy crisis may soon become reality.
The Obama administration is repeating the mistakes of President Jimmy Carter’s failed energy policies, which marred his term and stigmatized the 1970s. They are leading us straight into another national energy disaster.
the Obama administration believe this friction abroad underscores the need to move away from oil and gas entirely and shift to boutique forms of alternative energy. Their lack of political will to drill for oil and gas compromises our national security and jeopardizes economic recovery.It skirts the colossal elephant in the room: Oil and natural gas produced here in the United States are likely to still account for at least 57 percent of domestic energy consumption by 2035. Not to mention that energy production here can relieve the U.S. from the dangerous grip of foreign petro dictators.
Unfortunately, this administration’s Department of the Interior, with the most anti-oil-and-gas record in U.S. history, is sabotaging any real chance of avoiding the pending energy crisis because of its continued hold on deepwater drilling permits in the Gulf of Mexico.
When Interior Secretary Ken Salazar heads before the Senate Energy and Natural Resources Committee on Wednesday, Americans — particularly the 9.2 million directly or indirectly working in the oil and gas industry — would be ill served if the question isn’t asked: Are the thousands, and counting, of out-of-work Americans in the Gulf region and beyond a worthwhile consequence of your department’s freeze?
The Interior Department’s six-month moratorium on offshore oil production has cost 8,169 jobs, according to a study by one Louisiana State University professor, along with more than $487 million in wages and nearly $98 million in forfeited state tax revenues in the Gulf states alone.
This doesn’t include the impact felt nationwide by truckers who transport goods, farmers who use oil to raise and harvest crops and working families paying more at the pump.
After the moratorium was nominally lifted last fall, the blow dealt by Interior’s subsequent permit freeze has been devastating. Not a single deepwater drilling permit has been issued since last year’s tragic oil spill. Unfortunately, there’s no relief in sight, given Salazar’s recent admission that he has no intention of issuing any drilling leases this year.
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