An Editorial Written By People Who Choose To Ignore Basic Facts

On September 11, The Washington Post posted an editorial about Hurricane Florence. The editorial noted that President Trump was complicit in the damage the hurricane was going to do. Wow. Was he also complicit in Hurricane Andrew in 1992, Hurricane Katrina in 2005, Hurricane Hazel 1954, Hurricane Bob 1991, Hurricane Camille in 1969, and Hurricane Hugo in 1989, etc.? Many of those hurricanes were larger and stronger than Florence. Those of us who live on the east coast or the Gulf coast understand that hurricanes happen. Blaming the current President for those hurricanes or their severity is ridiculous.

The editorial states:

Yet when it comes to extreme weather, Mr. Trump is complicit. He plays down humans’ role in increasing the risks, and he continues to dismantle efforts to address those risks. It is hard to attribute any single weather event to climate change. But there is no reasonable doubt that humans are priming the Earth’s systems to produce disasters.

Actually, there is a reasonable doubt that humans are causing climate change. It is also unfair to say that President Trump is aiding and abetting climate change.

On August 21, I reported:

Yet the latest world climate report from the BP Statistical Review of World Energy finds that in 2017, America reduced its carbon emissions by 0.5 percent, the most of all major countries. That’s especially impressive given that our economy grew by nearly 3 percent — so we had more growth and less pollution — the best of all worlds. The major reason for the reduced pollution levels is the shale oil and gas revolution that is transitioning the world to cheap and clean natural gas for electric power generation.

Meanwhile, as our emissions fell, the pollution levels rose internationally and by a larger amount than in previous years. So much for the rest of the world going green.

Yes, President Trump has reduced the regulations, but he has not done anything to increase pollution. He has encouraged energy independence, which includes natural gas, which burns cleaner than most other fuels.

A website called wattsupwiththat reminds us of the following:

Back in the late 1600s, the Salem Witch Trials accused defendants of using black magic to cause bad weather, during a prolonged period of bad weather.

Have we reached the point where we are returning to the Salem Witch Trials in order to make political points?

 

The Law Of Unintended Consequences At Work

Hot Air posted an article today about the environmental impact of ethanol. Remember that using ethanol (and even increasing the percentage of ethanol in gasoline) was supposed to have a positive impact on the environment. Well, not so fast.

The article reports:

One of the chief claims of the corn lobby is that ethanol is a more “green” type of energy because it’s renewable. From there, the argument is extended to claim that it’s better for the environment all the way around. But the conclusions of a study underlying the latest EPA report on the environmental impact of ethanol (seven years in the making, dating back well into the Obama administration) concludes that the opposite is true. Ethanol produces significant negative impacts on the environment, in some cases worse than the gasoline it’s supposed to be replacing. (Public News Service)

The article explains:

A long-delayed report from the Environmental Protection Agency finds that requiring ethanol made from corn and soybeans to be part of the nation’s gas supply is causing serious environmental harm.

Federal law requires the EPA to assess the environmental impact of the fuel standard every three years, but the new report, issued in July, was four years overdue. According to David DeGennaro with the National Wildlife Federation, the report documents millions of acres of wildlife habitat lost to ethanol crop production, increased nutrient pollution in waterways and air emissions and side effects worse than the gasoline the ethanol is replacing.

“In finding that the Renewable Fuel Standard is having negative consequences to a whole suite of environmental indicators,” DeGennaro said, “the report is a red flag warning us that we need to reconsider the mandate’s scope and its focus on first-generation fuels made from food crops.”

…The bigger surprise is the fact that ethanol production and combustion significantly increases the production of nitrous oxides (Nox). This combines with oxygen in the atmosphere when exposed to sunlight, producing ozone.

The article concludes:

The Renewable Fuel Standard needs to be scaled back (preferably eliminated), not expanded. And if basic considerations of the damage it does to marine equipment and small engines, on top of burning too hot and producing less energy by volume than gas isn’t a good enough reason, perhaps the damage to the environment will convince you.

The corn lobby is not going to like this report. This is what happens when you jump on the environmental bandwagon before you completely understand the consequences of what you are doing.

 

Blocking American Prosperity

There is a strong entrepreneurial spirit in America. Sometimes that spirit gets a little overzealous, as in the tech boom of the nineties, but generally speaking, that is the spirit that drives the American economy. One reason for the slow recovery from the financial crisis of 2008 is that the entrepreneurial spirit is being blocked by the government.

On May 7, The Heritage Foundation posted an article on the development of American oil resources.

The article reports:

Production of crude oil in the United States is up to 8.36 million barrels per day—the highest since January 1988. The increased supply of oil has widespread economic benefits, but a new Congressional Research Service report shows that when the numbers are broken down by ownership it becomes clear that the situation could be even better. Although oil production overall has almost doubled in less than six years, production continues to fall on federally owned land areas.

The article included the following chart:

At the present moment, the federal government is subsidizing ‘green’ energy before the technology is workable and blocking the development of America’s own fossil fuel resources. The development of America’s oil resources is a national security issue as well as an economic issue. How would American diplomacy change if we were not dependent of Venezuela and the Middle East for our energy needs?

Enhanced by Zemanta

If You Can’t Beat It, Charge For It

The quest for individual energy independence has increased as utility rates have risen due to the environmental policies of the Obama Administration. If the Obama Administration continues its war on coal, we can expect electricity rates to go even higher. As that happen, people are looking for ways to generate their own electricity and cut their utility bills. Well, not so fast.

Think Progress, a progressive organization, posted an article yesterday reporting that Oklahoma will be charging consumers who provide their own energy through solar panels or windmills an additional fee (read “tax”).

The article reports:

On Monday, S.B. 1456 passed the state House 83-5 after no debate. The measure creates a new class of customers: those who install distributed power generation systems like solar panels or small wind turbines on their property and sell the excess energy back to the grid. While those with systems already installed won’t be affected, the new class of customers will now be charged a monthly fee — a shift that happened quickly and caught many in the state off guard.

“We knew nothing about it and all of a sudden it’s attached to some other bill,” Ctaci Gary, owner of Sun City Oklahoma, told ThinkProgress. “It just appeared out of nowhere.”

The article further reported:

The bill was staunchly opposed by renewable energy advocates, environmental groups and the conservative group TUSK, but had the support of Oklahoma’s major utilities. “Representatives of Oklahoma Gas and Electric Co. and Public Service Co. of Oklahoma said the surcharge is needed to recover some of the infrastructure costs to send excess electricity safely from distributed generation back to the grid,” the Oklahoman reported.

Adding the surcharge is not smart. The advantage of people adding individual solar panels or windmills to their homes is that the panels can generate electricity during peak use times and prevent utility companies from having problems meeting the demand at those times. Obviously, the surcharge will discourage people from adding either panels or windmills. I suspect that a single small windmill does not create some of the problems that a large wind farm causes.

Allowing people who choose to add alternative power to their homes should not be a political issue. If the addition conforms to community standards, the use of alternative energy should be welcomed. If the utility companies have become so powerful that they can prevent the individual from becoming energy independent, it is time to elect people to government that will stand up against those companies. I don’t want to deny anyone a profit, but I also don’t want to see people denied the opportunity to become energy independent.

Sometimes conservation measures are not welcomed by bureaucrats. In the small town we used to live in, residents were asked to conserve water. After we had done our best to do that, the residents were told that because we were using less water, the Water Department was forced to raise the water rate to cover expenses. Simply speaking, that is not fair.

 

Enhanced by Zemanta

A Perspective On American Energy That Isn’t Being Heard

Scott Noble is the President of Noble Royalties, Inc. (NRI). NRI is a company that specializes in acquiring valuable mineral, royalty and overriding royalty properties. The company was founded in 1997. Mr. Noble is also chairman of the New American Energy Opportunity Foundation, which supports energy independence for America.

Mr. Noble was interviewed on the Bill Bennett show during the last presidential campaign. This is the audio from that interview:

Some highlights from the website of the NAEOF:

The United States has more energy resources than any other country in the world.  Because of recent advances in technology, American

has the potential to become the number one energy producer in the world by the end of the decade. The main obstacle to achieving this goal is over-regulation by the federal government. Because of those regulations, there are fewer jobs, higher prices at the gas pump, and our national security is at risk.
Under the Obama Administration, new leases on federal land have dropped to under 2 million a year from 12 million in 1988. According to a study conducted by Noble Royalties, returning to 1980’s leasing levels would generate

750 billion dollars in lease and royalty fees for the federal government and add

5 trillion dollars to America’s economy. That is how you fight unemployment.
The Obama Administration has blocked the development of oil sources in Alaska and offshore, and it has blocked the building of new oil refineries.
The article at NAEOF concludes:

Beyond outright bans on development and the failure to issue new leases, numerous new laws have been passed in the past 30 years increasing administrative requirements on energy producers.  A 2004 report from the U.S. Department of Energy determined that there are more than 140 different laws which impact natural gas production in the United States.  Most of these laws apply equally to oil development as well.  The result of this new mound of bureaucracy and red tape has been increased permitting delays, lawsuits and compliance costs that are additionally stymieing development.

Of course, it is reasonable to expect the US government take steps to make sure energy companies are developing oil and gas responsibly.  But environmental regulations long ago passed from the necessary to the ridiculous.  For instance, the Bureau of Land Management recently put a moratorium on drilling in 380,000 acres of land during the mating season of prairie chickens. But when pressed, BLM admitted that the ban was not based on any scientific analysis.

Instead of doing the things that will build our country’s future, we are borrowing from children who aren’t even born yet. America needs to wake up and elect people who will move forward on American energy independence.

Enhanced by Zemanta

If Congress Lets This Slide, We May Face Serious Consequences

Today’s Washington Examiner reported that two weeks ago a massive solar flare narrowly missed hitting the earth. The “electromagnetic pulse”  (EMP) that was associated with the solar flare could have knocked out power, cars and iPhones throughout the United States.

The article reports:

Pry (Peter Vincent Pry, who served on the Congressional EMP Threat Commission from 2001-2008), Cooper, and former CIA Director James Woolsey have been recently demanding that Washington prepare the nation’s electric grid for an EMP, either from the sun or an enemy’s nuclear bomb. They want the 2,000-3,000 transformers in the grid protected with a high-tech metal box and spares ready to rebuild the system. Woolsey said knocking out just 20 would shut down electricity to parts of the nation “for a long time.”

But Washington is giving them the cold shoulder, especially the administration. Woolsey told Secrets that some in Congress are interested in the issue, but the administration is just in the “beginnings” of paying attention.

Thomas.gov (there is no specific link, as their links expire–just type in “electromagnetic pulse” in the Bill Summary blank) reports that H.R.2417, Secure High-voltage Infrastructure for Electricity from Lethal Damage Act, was referred to the Subcommittee on Energy and Power on June 21. It lists no further action.

We are playing Russian roulette here. Protecting our power infrastructure from an EMP is not very expensive and in the long run will prevent a log of human suffering. Not immediately acting on H.R.2417 is irresponsible. This should be an issue both political parties can agree on.

 

Enhanced by Zemanta

The War On Coal Goes Global

Yesterday Steven Hayward at Power Line posted an article reporting that the World Bank voted yesterday to cease funding coal-fired power plants in developing nations.

The World Bank not only ruled that it would not fund coal-fired power to developing nations, but also not fund energy projects in any nation that uses other funds to finance coal power. Coal is a cheap form of energy that in the past has helped countries progress from third-world nations into participating and contributing members of the world economy.

The article reports:

The bank’s sweeping “Directions for the World Bank Group’s Energy Sector” emphasizes bringing energy access to the estimated 1.2 billion people living without electricity and 2.8 billion without modern cooking facilities. It promises financial solutions for the most feasible energy options in poor, fragile and conflict-ridden states. It embraces renewable energy, energy efficiency and off-grid technology while also vowing to increase assistance for natural gas and large hydropower development.

The World Bank has just decided that it doesn’t want any more countries to develop. This ruling is not practical for countries that need cheap energy now.

Enhanced by Zemanta

The Use Of Coal Has A Positive Impact On The Environment???

Steven Hayward posted an article at Power Line today about the increase in the use of coal to generate electricity. The article includes the following chart:

It seems that the environmentalists are caught between a rock and a hard place–they don’t approve of coal and they don’t approve of fracking, which results in cheap natural gas that generates electricity in a more environmentally friendly way than coal.

The article points out that India regards the use of coal to generate electricity as its path to prosperity. Even worse, coal-generated electricity has cut pollution in India because it reduces the use of small wood-fueled cookstoves.  According to a recent global health study, small wood-fueled cookstoves are the largest environmental health threat in developing nations.

So where are we? Environmentalists are doing their best to shut down coal plants in America, despite the fact that the global warming scare is pretty much over. Developing countries are using coal because it creates less of an environmental problem than small wood-fueled cookstoves. Natural gas, the clean alternative to coal in electricity production is out of favor with environmentalists because it is obtained by fracking. So what are we supposed to do?

Enhanced by Zemanta

More Questions Than Answers

 

I am posting this article because I honestly do not know what the truth of the matter is. I saw some people interviewed on television today regarding this, and I honestly don’t know if their objections are valid or not, so here is the story.

On February 6, Cape News reported on the possible impact of the Falmouth Board of Selectmen’s decision last week to remove the two town-owned wind turbines at the wastewater treatment facility. The article stated that the removal of the turbines might have an impact on other planned projects throughout the nation.

The article reports:

The Falmouth Wind Turbine Options Process reported that removing the turbines would cost the town $9 to $9.4 million. Last week, Assistant Town Manager Heather B. Harper told selectmen that number could be as high as $11.9 million. Town Manager Julian M. Suso said yesterday that there are many unknowns about the process of removing turbines. “Some work lies ahead to be certain what costs are appropriately in that figure,” he said.

Falmouth is seeking help from the state to relieve some of the financial burden of removing the turbines. Last week, Mr. Suso sent a letter to Massachusetts Clean Energy Center Chief Executive Officer Alicia Barton McDevitt, asking for relief from some of the money owed on the town-owned turbines. He asked the Massachusetts Clean Energy Center to consider relieving the town of any obligation to repay the $1 million in renewable energy credits that will not be produced if the turbines are removed.

At the same time Falmouth is reaching out to state representatives for help paying the debt associated with the turbines. “The board has directed that we contact other appropriate state officials regarding further assistance to the Town in regard to the very significant financial obligation related to this removal and dismantling,” Mr. Suso wrote in a letter to the Clean Energy Center.

The article explains why the turbines are being removed:

If Falmouth voters agree to remove the turbines, it could be the first case anywhere in the country of commercial-sized turbines coming down within three years of being installed because of noise and health complaints of residents.

Massachusetts did a Wind Turbine Health Impact Study in January 2012. I am not a scientific type, but after reading some of the study, it seems as if there is a strong possibility that wind turbines can negatively impact the sleep of the residents who live near them. The couple I saw interviewed on television specifically stated that their sleep had been disrupted.

The report states on Page 13:

2.  There is limited evidence from epidemiologic studies suggesting an association between noise from wind turbines and sleep disruption. In
other words, it is possible that noise from some wind turbines can cause sleep disruption.
3.  A very loud wind turbine could cause disrupted sleep, particularly in vulnerable populations, at a certain distance, while a very quiet wind turbine would not likely disrupt even the lightest of sleepers at that same distance. But there is not enough evidence to provide particular sound-pressure thresholds at which wind turbines cause sleep disruption. Further study would provide these levels.
4.  Whether annoyance from wind turbines leads to sleep issues or stress has not been sufficiently quantified. While not based on evidence of wind turbines, there is evidence that sleep disruption can adversely affect mood, cognitive functioning, and overall sense of health and well-being.

I am not opposed to alternative energy. I am opposed to pushing a form of alternative energy before we get the bugs worked out of it. This will be a rather expensive boondoggle for Falmouth and probably for the Commonwealth of Massachusetts.

 

Enhanced by Zemanta

Leading The Way In Spite Of Washington

It doesn’t take a genius to predict that the Obama Administration will shut down fracking (hydraulic fracturing) on government land and attempt to shut down fracking on private land sometime in the next few months. However, in the meantime the increase in fracking in the United States has had unexpected consequences around the world.

Yesterday the Washington Times reported that other countries are attempting to copy the process of fracking to produce shale gas.

The article reports:

…More than 100 exploration concessions to more than two dozen companies have been awarded, and the Polish State Geological Institute estimates that the country’s shale gas deposits may secure domestic production for at least 25 years. Britain has lifted a moratorium on fracking that was imposed after a previous operation was blamed for sparking an earth tremor.

Argentina, the largest producer of natural gas in South America, is eyeing the practice on a significant scale to better exploit its supply.

Needless to say, the environmentalists do not approve. Think about that for a minute. Fracking provides a path to energy independence for a number of nations around the world. It reduces worldwide dependence on Arab oil and the funding of terrorism. There is no proof that fracking harms the environment; in fact, studies so far have shown that it does not. Cheaper energy provides prosperity for more people and freedom for more people. Why would the environmentalists object to that? Maybe it’s time to examine the agenda behind their agenda.

The article concludes:

Some already are warning that Europe may miss out on a global energy revolution if the green forces on the Continent prevail.

“Some European countries already made the decision not to go into shale gas, so naturally when they do that there will not be development,” Mohamed al-Mady, chief executive of Saudi petrochemical giant Sabic, told the Financial Times newspaper. “I think the trend you will see [is] more investors going to North America, China and the Middle East.”

As in the U.S., Mr. Medlock said, it comes down to “political geography” more than anything else. A ban on fracking in Vermont was relatively easy to achieve because the state is thought to have little in the way of recoverable natural gas.

The same holds true in a country such as France, Mr. Medlock said. For Poland and others, where fracking likely will lead to tangible energy benefits, critics will continue to have a tougher time mounting serious opposition.

This is going to be an interesting fight between those who want freedom and prosperity wherever possible and those who want only control of the population.

Enhanced by Zemanta

Following The Money On America’s Domestic Energy Front

John Hinderaker at Power Line posted an article today about the Matt Damon movie, “Promised Land.” The movie is essentially an anti-fracking movie that plays fast and loose with the actual truth. The movie was funded by the United Arab Emirates. We are supposed to believe that they are neutral parties in America‘s quest for energy independence. Yeah, right.

The article reports:

But the movie is actually worse than a garden-variety, ill-informed environmentalist fantasy, in which companies–especially energy companies–are villains, and whoever opposes development of resources–especially energy resources–is a hero. The original script for Promised Land portrayed anti-fracking activists as disinterested, admirable whistle-blowers. But while the film was in production, it came to light that several of the main real-world anti-fracking activists were peddling frauds:

The article then goes on to list some of the cases that have proved that the complaints against fracking are not valid.

The article explains how the movie dealt with the anti-fracking fraud:

News stories about these frauds were widely enough circulated that the filmmakers were concerned that moviegoers may be aware of them, and it could make the premise of their movie laughable. So, did they respond by telling the truth about the anti-fracking movement? Of course not. Did they cancel the film and eat their losses? Don’t be silly! No, they changed the script. In the finished version of Promised Land, “the fraudulent environmentalists are secretly working for the gas company to smear the environmental movement.”

I have a few questions about this whole fracking thing. “Why is the environmental movement so against America becoming energy independent?” Wouldn’t the environment be cleaner if every country used its own energy sources? Isn’t the use of local resources a better idea than taking a chance on oil spills by transporting oil all around the world? Are the environmentalists themselves using less energy to show that they practice what they preach?

Almost every country in the world has an energy source. The only country that I am aware of that uses almost 100% green energy is Iceland. They have harnessed the volcanoes the country sits on and used the superheated steam from the volcanoes to provide electricity. Obviously, every country does not sit on volcanoes and can’t do that, but America sits on large deposits of natural gas, a relatively clean source of energy that can be retrieved by fracking. We need to use our own resources. The United Arab Emirates needs to find new customers!

Enhanced by Zemanta

When Government Needs Money It Abandons Common Sense

On Friday Hot Air  reported that in 2011 the Environmental Protection Agency (EPA) fined auto fuel producers $6.8 million in penalties for not blending gasoline with cellulosic ethanol, an environment-friendly distillate of wood chips, corn cobs, and switch grass. Why are the oil companies not blending the gasoline with cellulosic ethanol–because it is not yet commercially available! The oil companies are being fined for not using a fuel that does not yet commercially exist. Obviously these fines add to their costs. The oil companies then pass those extra costs on to the consumer. Simply amazing! 

Please follow the link above to Hot Air and read the story. It is another examply of why we need less government and more common sense. The problem is not the oil companies–it’s the government.

Enhanced by Zemanta

About That “All Of The Above” Energy Policy

CNS News posted an article yesterday about President Obama’s claim that his administration has followed an “all of the above” energy policy in order to make America more energy independent.

There is a chart of U.S. Imports of Crude Oil and Petroleum Products from 1981 to March of this year posted by the U. S. Energy Information Administration. The chart shows that oil imports are lower now than when President Obama took office in 2008. What it doesn’t show us is that one of the major reasons for the lower oil imports is the slowdown in economic activity in America during that time period. If the true statistics were being reported, they would show that about 11% of Americans are unemployed. That means 11% of us are not driving to work every day. The percentage of Americans actually in the workforce is the lowest it has been since 1981. Many Americans have postponed vacations due to economic concerns. Lower oil imports generally do not occur when the economy is thriving.

The article at CNS News relates some inconvenient facts about domestic oil production under President Obama:

Kathleen Sgamma, vice-president for public and government affairs at the Western Energy Alliance, said oil and gas regulations prevent companies from using leases they have bought to drill on federal lands.

“Western Energy Alliance estimates conservatively that BLM’s [Bureau of Land Management] planned regulations will add about 100 days to permitting times,” she told the panel. “With federal permitting times of 298 days, while states can process their corresponding permits in about thirty days, it’s difficult to understand why the federal government is trying to usurp control from the states which have proved themselves more effective and efficient.”

Sgamma noted that the increase in federal production had occurred on private and state-owned lands, not in areas controlled by the federal government, belying claims that production is up because of Obama’s policies.

The article at CNS News also reminds us that the President’s energy plan has been to pick winners and losers, which has interfered with the free market. Because of this, innovation has been stifled, and products that were not economically feasible have been subsidized, only to go bankrupt and increase unemployment.

The article at CNS News further reports:

“Despite all the obstacles put in place by this administration, oil and gas companies, responding to market forces and the demands of a nation for energy, jobs, and economic growth, have dramatically increased production and reduced foreign imports.”

Sgamma added that “5.5 times more oil is produced on private and state lands than on federal lands.”

Frankly, the only impact the Obama Administration has directly had on American energy production is to slow it down and drown it in red tape. Unfortunately most of the major media has not bothered to report that or to fact check the President’s claims about his energy policy. 

Enhanced by Zemanta

The Politics Of American Energy Independence

English: Cropped portion of image from USGS re...

English: Cropped portion of image from USGS report showing extent of Marcellus Formation shale (in gray shading). (Photo credit: Wikipedia)

Yesterday’s Washington Times posted a story about a Marcellus Shale gas-drilling study released earlier this month by the State University of New York at Buffalo’s Shale Resources and Society Institute. 

The article reports:

Released earlier this month, the report concludes that Pennsylvania regulators have done an effective job cutting down on environmental incidents within the state’s burgeoning natural-gas industry, a sector driven almost entirelyby hydraulic fracturing, or fracking, the controversial practice of using water, sand and chemicals to crack deep underground rock and release huge quantities of natural gas.

Its authors, including SUNY-Buffalo employee and institute Director John P. Martin, have come under increasing fire from critics who say they’ve spun figures from Pennsylvania’s Department of Environmental Protection in order to cast a favorable light on fracking and the companies that employ it.

Fracking is the technique that will give America access to its vast natural gas resources, which could easily lead to energy independence for America. It is opposed by radical environmentalists who want to turn to renewable sources of energy rather than carbon based sources. Unfortunately, our current economy is based on carbon sources and barring some miracle fuel invented in the private sector (where free market forces can allow the competition to determine the best product), an abrupt transition to green energy would be very cumbersome and painful for all Americans.

The article further reports:

Only 25 of the 845 environmental events in Pennsylvania from 2008 through August 2011 were considered “major” incidents. They included land spills, site-restoration failures and well blowouts.

Critics contend that the study glosses over the fact that the number of major events shot up from one in 2008 to 10 in 2011. As a percentage of wells drilled, that equates to 0.6 events per 1,000 wells in 2008, and 0.8 events per 1,000 wells drilled in 2011.

All forms of energy have risks and downsides–I reported on April 30 that a recent study showed that windmills cause global warming (rightwinggranny.com). We know that windmills are a danger to certain birds. Man has been looking for the perpetual motion machine for a long time. It doesn’t exist–either in machine form or in energy form. Energy independence is a national security issue as well as an environmental issue. It’s time to grow up, face the facts, and get on with making America energy independent.

Enhanced by Zemanta

Exposing The Lies In The President’s Energy Speech

Yesterday Investors.com posted its fact check on President Obama’s recent energy speech. They noted five lies and posted the relevant facts.

Here is the summary:

1. The President claimed that he was focused on production. Actually, the current increase in production is due to the actions of the Bush Administration before President Obama took office. President Obama has closed down exploration and slowed down the issuing of permits for offshore drilling.

2. The President stated that America has 2 percent of the world’s oil reserves, but consumes more that one fifth of the world’s oil. Actually, the U.S. has a mind-boggling 1.4 trillion barrels of oil, enough to “fuel the present needs in the U.S. for around 250 years,” according to the Institute for Energy Research. The problem is the government has put most of this supply off limits.

3. The President stated, “Because of the investments we’ve made, the use of clean, renewable energy in this country has nearly doubled.” According to the Federal Energy Information Administration (EIA), production of renewable energy increased 12% between 2008 and 2011.

4. The President stated, “We need to double-down on a clean energy industry that’s never been more promising.” According to the EIA, renewable energy will account for just 13% of U.S. energy production by 2035.

5. The President stated, “There are no short-term silver bullets when it comes to gas prices.”

The article reminds us:

Obama could drive down oil prices right now simply by announcing a more aggressive effort to boost domestic supplies. When President Bush lifted a moratorium in 2008, oil prices immediately fell $9 a barrel.

President Obama’s nose is growing.

 

Enhanced by Zemanta

Are Oil Companies Really The Greedy Ones ?

Below is a chart from the American Petroleum Institute showing gasoline taxes acoss the country.

Oil companies produce a product. They employ people in the production of that product. What oil product does the government produce? It would be interesting to compare what the oil companies make on a gallon of gasoline versus what the government makes on a gallon of gas.

Enhanced by Zemanta

Overlooking The Obvious In Dealing With High Unemployment

A coal mine in Wyoming, United States. The Uni...

Image via Wikipedia

John HInderaker at Power Line posted an article yesterday about a simple solution to the high unemployment numbers we currently have in America. Developing America’s domestic energy sources would not only employ people, it would have many other positive side effects on the economy. This is one of the charts from the article:

The increased employment that would result from developing America’s domestic energy resources would result in more taxpayers paying taxes. Developing domestic energy sources would also result in lower energy costs to Americans, allowing Americans to spend more money on other things, thus stimulating economic growth. Developing domestic oil resources would also help America become energy independent, rather than sending billions of dollars to people who hate us. It’s a winning situation for the country for many reasons.

Enhanced by Zemanta