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Democrat Deceptions about Oil By Alan Caruba
By Dr. Richard Swier | 09/12/08 | 08:19 AM EDT | 0 Comments
Lost amidst the many speeches delivered at the Democrat Convention was one by Sen. Harry Reid of The reason this nation is held hostage to other oil producing nations is that the Democrats, going back to President Jimmy Carter, have waged war on the American oil industry. This is especially important insofar as nations ruled by monarchies, corrupt, and communist governments, control 75% of the world's oil.
Seldon
B. Graham, Jr., the author of "Why Your Gasoline Prices Are High", a
petroleum engineer and attorney, recently noted that "It is no secret
that Democrats are for renewable energy and are against
"Thirty years ago, Democrats selected ethanol as their renewable energy of choice. Their ethanol agenda has proven to be a total disaster. But, it is a well hidden disaster. Democrats
continue to push ethanol as the renewable biofuel which will eliminate
our dependence on foreign oil and our necessity to drill for
Not
only has the Democrat Party left us vulnerable to other oil producing
nations, but its ethanol agenda has created vast imbalances in the
world's food supplies as corn is diverted from domestic use and as a
factor in our agricultural exports.
If
you had heard Sen. Reid, a man who has said, "Oil makes us sick. Coal
makes us sick. Global warming makes us sick," you would have heard him
attack oil as the reason for all the woes of the world. "President
Carter warned us about it in the 1970s when he proposed real
solutions--conservation, fuel efficiency, and alternative fuels--to what
he correctly named the 'moral equivalent of war.'" President Carter,
whose weak response to the taking of
So-called
"clean energy", wind and solar, provides barely one percent of the
nation's need for electrical power. It does so only because of the
massive subsidies, like those for ethanol, the federal government
provides, but Harry Reid could not resist characterizing the Bush
administration as rife with "oil industry cronies."
He made no reference, however, to the Democrat's agriculture cronies. As Graham points out, "Democrats gave ethanol a 40¢ per gallon government subsidy in 1978. In 1980, Democrats gave insured loans to build ethanol plants."
"Currently, the government subsidy is 51¢ per gallon through 2010. Last year, the government subsidy payout for ethanol was $3.3 Billion. The government subsidy will increase to $18.4 Billion in 2022. Ethanol is causing severe economic harm to the American economy, not even considering the increase in the cost of all food products made from corn."
This
is occurring as Americans struggle to find the money to fill their gas
tanks and many worry about the price of oil to heat their homes this
winter.
Sen.
Reid praised the Democrat candidate for President, Barack Obama,
saying, "He articulates a vision of energy independence that is
comprehensive and based on sound science and sound policies..." This is a
lie. No nation on Earth can be or is energy independent. Even
The
Democrats and their choice for the next President have resisted
permitting our own oil companies to drill for millions of barrels of
known oil reserves in
Instead Sen. Reid called for more wind power, geothermal, and solar power generation. He called for "smarter vehicles, more efficient and accessible mass transit, energy-efficient building codes..." These are the illusions the Democrats offer in contrast to realistic, pragmatic and vitally needed responses to our need for increased oil and natural gas production.
The Democrats offer the lie that such production would not impact the current price of oil or our needs for "ten years." The mere mention of off-shore production caused the price of oil to drop when offered by Sen. McCain. The end of the ethanol debacle would lower the price of gas at the pump. Drill now. Drill here. That's the answer.
Alan Caruba writes a weekly column posted on the Internet site of The National Anxiety Center, www.anxietycenter.com. He blogs daily at http://factsnotfantasy.blogspot.com.
© Alan Caruba, September 2008
TAGS: bio-mass, solar, oil, nuclear power, natural gas, fossel fuels, ethanol, energy independence, clean coal, wind
0 Comments | Related Topics »Sarasota County (FL) | Energy Independence
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