{"id":1287,"date":"2009-10-21T13:44:48","date_gmt":"2009-10-21T13:44:48","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=1287"},"modified":"2009-10-21T13:44:48","modified_gmt":"2009-10-21T13:44:48","slug":"drill_baby_drill","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=1287","title":{"rendered":"Drill, Baby, Drill"},"content":{"rendered":"<p>Today&#8217;s <a href=\"http:\/\/www.tampabay.com\/opinion\/columns\/drilling-holds-big-benefits\/1045499\">St. Petersburg Times<\/a> posted an article by Dave Mica on the benefits offshore drilling would bring to the American economy.<\/p>\n<p>Mr. Mica points out:<\/p>\n<blockquote><p><i>&#8220;According to an ICF International study, commissioned by the American Petroleum Institute, development of America&#8217;s vast domestic oil and natural gas resources that had been kept off-limits by Congress for decades could generate $1.7 trillion in revenue for federal, state and local government. According to the same study, domestic development could also create thousands of well-paying jobs. Given the benefits, why does the administration continue to delay new and increased development?&#8221;<\/p>\n<p><\/i><\/p><\/blockquote>\n<p>While the American Congress prohibits American companies from offshore drilling, other countries (less careful about the environment) are drilling in these waters.&nbsp; It is economic foolishness to keep any restrictions on offshore drilling for American companies in place.&nbsp; <\/p>\n<p>There are a lot of complex issues involved in the energy debate.&nbsp; What would be the impact of American oil independence?&nbsp; There is a move right now to make the American dollar no longer the currency used to buy oil.&nbsp; If America were oil independent, would this matter?&nbsp; Our dollars would be going to American companies&#8211;balancing our trade and putting Americans to work.&nbsp; I also wonder how powerful OPEC would be if America were energy independent.&nbsp; <\/p>\n<p>There is also another issue here that may be below the radar.&nbsp; In the 1970&#8217;s an agreement was made with Saudi Arabia that we would support their government in exchange for their support of the dollar being used to trade oil.&nbsp; That explains a lot of the schizophrenic policies we have had toward Saudi Arabia over the years.&nbsp; Offshore drilling would make that a moot point and might result in saner policies in the Middle East.<\/p>\n<p>Why is our government unwilling to reach for energy independence?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today&#8217;s St. Petersburg Times posted an article by Dave Mica on the benefits offshore drilling would bring to the American economy. Mr. Mica points out: &#8220;According to an ICF International study, commissioned by the American Petroleum Institute, development of America&#8217;s &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=1287\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1287","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/1287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1287"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/1287\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}