How many times do we have to go through an oil crisis with skyrocketing gas prices and damage to the economy before we will get the monster out from under the bed?Posted on 03/16/2011 3:01:06 PM PDT by Kaslin
We can't afford to listen to the same old lame excuses.
How many times do we have to go through an oil crisis with skyrocketing gas prices and damage to the economy before we will get the monster out from under the bed?
There is no monster, of course. But as long as we think there is one, it’s no different than actually having one. So, it is time — has been for a long, long while — to change our thinking: exorcise the oil monster.
The problem with this particular monster is that it’s alive and well in the minds of reactionary, stubborn, dream-laden (or should I say nightmare-laden) environmentalists who perceive a problem that is non-existent. If an oil spill or chemical leak occurs, we have instant legislation that affects us negatively for years to come.
Here’s the problem and solution in a nutshell. It’s not that tough.
1. We use too much oil. Use less oil. Create alternative forms of energy.
2. We are dependent on foreign entities for large portions of our oil. Drill and refine considerably more of our own oil.
3. Our economy is dependent on energy — including lots of oil.
4. Many of our “enemies” are getting enriched because of oil.
5. We don’t have enough alternative energy.
As with many of the “blueprints” for the future thrust upon us by progressives and liberals, this whole push to limit oil production in the U.S. and encourage development of alternative energy sources is 90% fantasy and 10% legitimate. Even the 10% legitimate part is fraught with problems and gross inefficiency. Take, for instance, the “Cash for Clunkers” program:
1. According to Edmunds, only 125,000 of the 690,000 purchases would not have been made without the incentives, and with $3 billion spent, that works out to $24,000 per car.
2. With reference to carbon dioxide emitted in the process of making a new car, William Chameides of Duke University said that in order to offset the carbon footprint of the new car from a clunker, the average driver would need to drive the car about five and a half years; with trucks, the figure jumps to eight or nine years of typical driving.
3. The price of used cars increased significantly due to the drop in supply, thereby impacting anyone (especially poor people) who needed to buy a used car.
4. Resources were allocated to production of new cars that to some degree would have been steered to other products and services.
5. Perfectly good capital assets (cars) were destroyed, even though they had years of functional use left.
6. Charitable organizations that depend on donations of used vehicles saw such donations plummet.
All this so we can see an immediate spike in emissions (from production) and then gradual reductions, so that after 5-8 years we will break even on total emissions. It’s incredible when you consider we could achieve the same result by simply increasing the MPG requirements for new cars.
Similarly, anyone familiar with the financial aspects of solar programs and the ethanol industry knows that sorely needed taxpayer dollars have to date been poured down a large rat hole as well.
Unfortunately, the Democrats’ best intentions on environmental issues are usually misguided and poorly conceived, and have been fraught with unintended (but predictable) consequences, because they are formulated and put into action by wishful-thinking politicians with no common sense. Compliment these programs with incompetent administration by government agencies, and, well, you know what happens. A botch job. And one could argue this is the good 10%. This isn’t to say we should stop pursuing alternative energy solutions; just that we need to develop them in an economically sensible way.
Now, here’s what the 90% fantasy part costs us:
I got tired of my mother telling me to be careful when I wanted to go out at night. I got tired of my kids telling me to “butt out” of their personal lives when they were in high school. I get tired of missing three-foot putts. But I am really tired of the argument “Well, starting now won’t help for years,” so we don’t drill for oil and we don’t develop nuclear energy. Had we ignored this short-sighted reasoning over the last 40 years we would be in much better shape today. If we start ignoring that excuse now and formulate a realistic energy policy, we can avoid this conversation in the future.
And yes, changing course now will have an immediate, though small, effect on prices for oil. How much is uncertain, but most economists agree that expectation of increased oil production will have some beneficial effect on current prices.
Am I advocating giving up on alternative energy programs? Not in the slightest. Spending tax dollars in conjunction with private enterprise to develop sustainable energy that is viable is a worthy venture. But we should not force economic dependence on new programs until we know how to implement them and know they will work — not just hope.
Easing restrictions on nuclear power and dams can go a long way in meeting our electrical needs over a longer term. We know they work. The coal industry — also under constant attack — is grossly underutilized. We need to start promoting these industries instead of vilifying them. We need to treat these industries as our salvation instead of our nemesis. And we need to drill, baby, drill.
A farmer doesn’t quit growing his best crop hoping that some new crop will work. Similarly, stopping U.S. production of oil before we had adequate alternatives in place was pure idiocy. It still is.
If the main issue for elections is always the economy as the oft-quoted statement says, then a main sub-issue in the next election should be energy. And that means oil.
Of course, we might become great friends with oil exporters in the Middle East, and Mexico may stabilize. Then our oil problems will be trivial. And, of course, other emerging industrial countries like India and China are going to use restraint in polluting the air, and will agree to send our manufacturing jobs back to us in a sign of good will. And, of course, the environmentalists will put away their pipe dreams for the benefit of the American public.
Fat chance — of course.
Meanwhile, will someone please get the monster out from under my bed? I can’t sleep.
What bold?
The powers that be, elitists on both sides of the aisle, wanted to transfer wealth from the US to the Third World. At some point the Third World would wake up and start working eight to ten hours a day. They’d be our friends. Sadly, they didn’t factor in human nature, Islam, and tribalism. Not to mention the evils of socialism. That’s what this has always been about. The thinking was that we couldn’t simply hoist up the drawbridge and keep them all out of the US. Hence the abandonment of the Monroe Doctrine and hello, one happy hemisphere, open borders. And we all know what the road to hell is paved with.
The one between old and excuses below the date
Time to drill mother earth like a drunken 3 AM prom date.
You hit the nail square on the head
bttt
1. We use too much oil. Use less oil. Create alternative forms of energy.
That’s all well and good. We should try to create AFFORDABLE alternative forms of energy. The big problem is that the vast majority of our oil consumption is not energy. Stop confusing oil with gasoline
The problem with this particular monster is that it's alive and well in the minds of reactionary, stubborn, dream-laden (or should I say nightmare-laden) environmentalists who perceive a problem that is non-existent... This isn't to say we should stop pursuing alternative energy solutions; just that we need to develop them in an economically sensible way... [instead we have] Skyrocketing gasoline prices... Lost jobs to countries that aren't afraid of drilling... An enormous number of jobs lost to other countries in manufacturing and production... Filling the pockets of hostile countries with our money... Our economy and national defense are at risk... I am really tired of the argument "Well, starting now won't help for years," so we don't drill for oil and we don't develop nuclear energy. Had we ignored this short-sighted reasoning over the last 40 years we would be in much better shape.. The coal industry -- also under constant attack -- is grossly underutilized.
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