Skip to comments.Is It Time To Update Our Energy Policies
Posted on 01/10/2014 3:00:37 PM PST by shove_it
Pickens Plan Army,
Forty years ago, the Arab Oil Embargo changed the way America thinks about energy. After finding ourselves at the mercy of a bunch of oil states, we panicked. The government put price controls in place, the Strategic Petroleum Reserve was launched, and all oil exports were banned.
Thanks to recent breakthroughs in technology, however, our country's energy picture has taken a dramatic turn for the better. The U.S. now imports about half the oil it consumes - some 8 to 9 million barrels a day - and we export more than 3 million barrels of oil products, such as gasoline and diesel, every day.
Does it make sense for us to ban oil exports at the same time we're shipping millions of barrels of oil products overseas? It might be time to revisit that policy. Watch this video for my thoughts.
(video at link)
Every time that boy speaks I reflexively clamp my hand over the pocket that contains my wallet.
It was time when Carter was Pres.
And we thought things couldn’t get worse.
It certainly is.
Shutting down DOE a d shipping Obummer and Jarrett to Siberia to do permanent energy exploration would be a start.
Yup...Pickens has one and only one objective...
T. Boone Pickens...
T-Bone has outlived his usefulness.
He’s like all the other crony capitalists who use their clout and a cloud of BS to enrich themselves at our expense. The old crook.