Thursday, July 17, 2008

I hope you're enjoying $4.00 Gasoline

I can't understand the talk about why we shouldn't permit drilling for new oil in Alaska and off the coasts because "it will take years to get to market." The very same folks making that argument are also arguing for massive government investments in alternative energy schemes (like wind and solar and tides and such) that will also take years and even decades to get to market.

It's not that I'm against wind and solar and tidal power, it's just that we know oil companies can find and develop oil fields, but we don't yet know how fast those alternative schemes can get off the ground and actually start producing significant energy. Solar power, for instance, still produces less than 1% of US energy needs, and the government has been "investing" in it since Jimmy Carter declared a crash program in 1970 or so.

Jimmy Carter also declared a crash government program to develop fusion power back in 1970 or so, but the believers in big government programs want to forget about that because the net result has been no energy at all.

There are a lot of dim bulbs in the Democratic Party who are addicted to pandering to the Al Gore wing of the so-called environmental movement which really wants us to freeze in the dark for our sins. Having prevented drilling in Alaska and offshore for the past 30 years they now want us to buy an argument that we shouldn't drill because it will take too long to get the oil to market.

Not that the guilt is all on one side here. Much to their shame the Republican Party has allowed this situation to continue to develop while it has held power over for the last 8 years. Republicans are now feeling good about President Bush who the other day lifted the executive order which prevents offshore drilling. But why didn't he do that on his first or his second or his six-hundredth day in office. It's true that the lifting of the executive order is not enough, Congress still has to act to lift the congressional ban on offshore drilling; but why didn't President Bush hold their feet to the fire sooner?

No comments: