An Unacceptable Situation

Thank you to my friend and fellow blogger James for allowing us to feature his commentary here. This was originally posted at his own blog, Observations.

Our government still has not figured out what to do about the dependence on foreign oil that everybody agrees is an unacceptable situation.

The sensible thing to do, of course, is to produce more oil and natural gas from sources within the United States and off the coasts, and the sooner, the better. "Drill here, drill now" is not just a slogan; it's a prescription for energy independence.

The 30-year old ban on offshore drilling along the Atlantic and Pacific coasts expired a year ago, and yet the federal government has sat on its hands, allowing time to pass without moving to reduce the need to buy oil from countries that are unfriendly to us by opening up these areas for exploration.

Instead, our elected representatives have busied themselves with other things, including an unrealistic focus on immature "green" and alternative energy sources, while accessible oil and natural gas supplies lie undisturbed within our reach.

Both the House of Representatives and the Senate each have bills that would not just delay sensible development and progress, but punish the American people needlessly. The House put forth the Waxman-Markey bill last summer which passed by a thin seven votes, and just this week the Kerry-Boxer bill was brought forth. Both are cap-and-trade measures that will cause enormous problems.

American Petroleum Institute President Jack Gerard issued the following statement on the Kerry-Boxer climate bill: "Unfortunately, the Kerry-Boxer legislation is beginning to look a lot like the House's Waxman-Markey bill and a loser for American consumers. We can do better. If the Kerry-Boxer approach mimics the House bill, as early indications suggest, it will undermine our energy security by making American consumers more reliant on foreign sources of refined products, kill jobs and increase fuel costs."

While the leadership in Washington plays politics and ideological football with energy policy, the people they work for languish. Either of these bills will place significant pressure on the existing job levels in the oil and natural gas industry, which supports nearly 10 million jobs today, will also push the costs of fuel higher, and will increase, not reduce, our dependence on foreign oil.

Conversely, increasing domestic oil and natural gas production will create jobs and keep prices low, and has the added advantage of having no detectable effect on global climate change/global warming/global cooling.

Comments

Related

Blog Posts

Made in America: Common-Sense Energy Regulatory Structu...

We talked recently about increasing access to domestic oil and natural gas as key to a made-in-America energy plan. Here’s another...

Blog Posts

Still Waiting for Cellulosic Biofuels – EPA Continues...

To pretty much no one’s surprise, EPA announced Friday that it is denying a petition that it reconsider its 2011 advanced cellulosi...

Blog Posts

On Disclosure Rule, SEC Should Heed White House

Common sense should be applied to a federal transparency proposal – the U.S. Securities and Exchange Commission’s pending Section 1...

Blog Posts

Massachusetts, Jobs and the Shale Energy Revolution

Interesting report in the Boston Globe about how a ripple of economic benefits from shale natural gas development is reaching a non...

Blog Posts

Apples, Oranges, and the Oil Sands

The Congressional Research Service (CRS) added to the pile of conflicting well-to-wheels analyses with its report released this wee...

Blog Posts

Generation Next: Securing Tomorrow’s Energy Industry...

Recently, ExxonMobil Development Co.’s L.M. Tillman addressed a gathering at the Offshore Technology Conference on the subject of e...

Blog Posts

Keystone XL: Safety, Reliability and Jobs

TransCanada President and CEO Russ Girling has a letter to the editor in the New York Times after the newspaper’s recent editorial...

Blog Posts

Stop-Gap Energy vs. Stable Energy

Scroll down a bit in this wrap-up of last weekend’s G8 Summit from The Hill newspaper, and you’ll see that the president and other...

Blog Posts

Made in America: Increase Access for Secure Energy Futu...

American-made energy. With the Energy Information Administration projecting that the United States will need more than 16 percent a...

Blog Posts

In an Election Year, Time to Talk Energy

Just a thought, but how great would it be if one of this fall’s presidential debates focused solely on energy issues? Past presid...

Blog Posts

Unused Leases? You’ve Got to be Joking!

The warmed-over claim that oil and natural gas companies aren’t using large numbers of leases on public lands is like a Mark Twain...

Blog Posts

Watch Live: Energy in an Election Year

.blog #main .post-body .video-wrapper { width:500px; height:418px; padding:0; overflow:visible; margin:0 auto 18px; } ....

Blog Posts

Hansen’s Oil Sands Facts are Lost in Space

To hear it from environmental activist James Hansen, development of the oil sands in Canada will usher in the apocalypse, “game ove...

Blog Posts

Job Creation To-Do List? Here’s Ours

Here’s the president talking about job creation Tuesday in Albany, N.Y.: “Now, we know the true engine of job creation in this...

Stay Connected