Short for "GeologicalScienceBlog", subjects will include Geology, Climatology, Environmental Science, NASCAR, Beer, Property Rights, Politics from a Christian Conservative/Libertarian viewpoint, and random thoughts. My background is two degrees in Geology (BS, MS), 8 years of geology/environmental employment and almost 8 years of teaching Geology and Environmental Science on a Junior College level. <68>

Wednesday, July 09, 2008

Earth to Nancy Pelosi...

drawing oil from the Strategic Petroleum Reserve IS NOT PRODUCING ANY NEW SUPPLY.

As uncomfortable as things are now, regarding gasoline prices, it can only get worse if Barack Obama is elected, along with a further-Leftist Congress. We are not in an emergency situation, yet. It is not a crisis, yet. Punishing the producers and refiners, with more taxes and regulations, is not an answer. We want to encourage more supply, not less.

If Iran nuked the Saudi oilfields or blocked the Straights of Hormuz, that would be an emergency. Months ago I read that of the oil that passes through the Straights of Hormuz each day, only 12% is bound for the United States, but such an event would shock world oil markets and make us wish for the "good old days" of right now.

Or if an Islamist terrorist group nuked a cluster of American refineries on the Gulf Coast. That is another possible scenario, wherein we would have a true crisis.

Considering the constant Democrat talking-point that new drilling will take 7 - 10 years to produce anything, the adults in the room should understand that means "we damn better get to work then." Democrats love to invoke "the children" when they want more government programs and more taxes. If we want our children to have liveable energy prices, 10 - 20 - 30 years from now, we need to start on that YESTERDAY.

Accessing American resources means more American jobs, more tax revenues, and less leverage for those Middle Eastern countries Libs have been telling us to disengage from for years. We can also tell Hugo Chavez to take a hike, as well. But we should have been starting that process years ago.

As stated before, I am all for alternatives, e.g., solar, wind, etc., but those are mainly good for local production of energy and for small, rural projects. The adults know the reality, the world industries will run on coal and petroleum for the next few decades as we transition to other things. That is just the way it is.

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Posted by: on-the-rocks / 7:43 AM
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