Posted by
Katherine Harms on Saturday, June 14, 2008 9:14:48 AM
As oil prices spike beyond anyone’s wildest imagination a year ago, there is an outcry for increased production. The president of the United States asked Saudi Arabia to pump more, but he was rebuffed. The current G8 countries are asking the oil producers to pump more. Increased demand needs to be met by increased supply, or the prices will continue to rise.
The impact of skyrocketing crude oil prices is hitting American consumers at the gas pump. A year ago, nobody envisioned that today gasoline would cost $4 per gallon. And rising. Our Congress has suggested that we sue OPEC, a proposition that would be laughable except for the fact that it so dramatically points out the ignorance of our elected representatives. Congress has also slapped the oil companies around, accusing them of price gouging and demanding that they come up with alternatives to oil by tomorrow morning. This exercise is also ridiculous and another example of ignorance.
What will help? What could possibly help reduce the price of gasoline for US consumers? One part of a good solution would guarantee an increase in supply for at least sixty years, and the increase in supply would reduce prices, unless Congress in the meantime institutes price controls. That solution is to drill in the proven reserves that the United States possesses. Drill in ANWR. Drill offshore of Florida. Start work to recover shale oil. Do all these things right here right now.
The other part of the solution is to build more refineries and increase the capacity of existing ones. The oil companies have been trying to do that for a long time, but the process for approval of a request to build a refinery is usually derailed by some environmental concern. I completely believe that humans must live in harmony with nature. However, I do not believe that humans must always give way to snails and fish. There is a middle ground, and we must use our common sense.
Will this solution permanently solve our petroleum problems? Absolutely not. Even though we can confidently predict good supply for many years, the supply is finite. We will still need to develop alternative energy solutions for automobiles, homes and businesses. Furthermore, drilling in US reserves starting today, won’t put gas in anybody’s car for several years. It takes years to build new gasoline refineries, too. Politicians who choose to reject both of these options say that it will take ten years to see the results, even if we move immediately. I say, that it will take ten years to see the results, which means we must move immediately. No matter how long we delay drilling and the construction of refineries, it will still take years between decision and result.
Our nation has a wealth of oil easily in reach, and another treasure of oil which new technology can extract. Advancements in both oil well technology and refinery technology make it possible to do both kinds of activities with minimal environmental impact to wildlife and human beings. If the Kennedy Space Center can be a wildlife refuge, I don’t know any reason that a productive oil field or a new refinery shouldn’t also exist in harmony with living things.
The USA has been the most free and the most prosperous nation in the history of the world. Today, our freedom to develop our own resources is highly restricted, and the consequence is that our prosperity is at risk. We can be free of dependence on foreign oil by drilling in our own reserves. We can reduce high gasoline prices by increasing the availability of domestic crude oil and by building new refineries to increase gasoline production. If we fail to take care of ourselves, we can be sure that no country in OPEC is going to care what happens to us. Our freedom and our prosperity are ours to lose. That is what will happen if we fail to address this threat.
Drill here. Drill now.
Preserve and protect the freedom and prosperity of the USA.
DRILL HERE! DRILL NOW!