Showing posts with label energy. Show all posts
Showing posts with label energy. Show all posts

Tuesday, March 16, 2010

Don't Give Up


Via the LOTUS:
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It may be tempting to feel worn down as we take one step after another towards the “fundamental transformation of America” that Barack Obama promised. But we mustn’t let our energy be sapped, even in the face of the mind-boggling leap the Obama Administration just took that fundamentally shifts us towards more reliance on foreign energy sources. Hang on to your hat and take a look at this.

Months ago I discussed Washington’s decision to allow U.S. dollars to flow to Brazil for that nation’s off-shore oil drilling projects, while D.C.’s attitude towards America’s own offshore developments appeared less-than-enthusiastic. We gained hope though when our President promised in his State of the Union address that he’d be “making tough decisions about opening new offshore areas for oil and gas development.”

Most of us optimistically assumed that “making tough decisions” meant allowing at least some offshore drilling. In fact, on national television that night I said that the President deserved kudos for acknowledging our need for domestic energy development in his speech.

Turns out that was just more drilling doublespeak: America has been snookered again.

While everyone has been focused on Obamacare, the Obama administration took advantage of America’s distraction and quietly said that it’s planning to place a hold on offshore drilling on the outer continental shelf until at least 2012.

At a time when our country is desperate for job growth, deficit reduction, and energy independence, it’s simply astonishing that the administration refuses to allow additional offshore drilling, even while supporting energy development in foreign countries.

According to a study by the American Energy Alliance, opening the OCS to drilling could create as many as 1.2 million new jobs and add hundreds of billions of dollars annually to the US economy. Those are real American jobs – and great American opportunities – that can’t be outsourced.

Offshore drilling would provide billions in revenue for our states, allowing them to reduce their budget deficits without raising taxes.

It would help reduce our trade deficit, which spikes with each rise in the price of oil because we’re so reliant on foreign sources of energy. And because we have some of the best environmental standards in the world, we should be drilling for our own oil instead of buying it from countries with less stringent standards.

When the Obama Administration first delayed offshore leasing on the OCS to allow for “an extended public comment period,” the comments it received reflected what all the polling tells us – that Americans overwhelmingly support offshore drilling. (Curiously, those pro-drilling findings weren’t heavily publicized by the Administration and the press.)

Americans understand that a true “all-of-the-above” approach to energy independence must include responsible development of our conventional resources. Even as we develop alternative energy sources, we’ll still rely on oil and gas for decades to come. If we don’t drill for it here, then we’ll just have to keep buying it from others.

Using executive power to lock up energy resources ignores the will of the American people who want to develop those resources and know that we can do so in an environmentally responsible manner.

Ignoring the American people is never good politics, but whether it’s energy independence or health care, our leadership in Washington is tone deaf to the commonsense solutions that Americans want.

Watching this potentially earth-shattering energy policy decision made quietly while health care transformation distracts us, it makes one wonder what else our politicians are up to.

An old trick is to intentionally consume attention with a “crisis” so as to sap the public’s energy, and then to conveniently push through rash measures that would receive great scrutiny at any another time. Remember Rahm Emanuel’s Saul Alinsky-style of political operation: “You never want a serious crisis to go to waste.”

America, we must resolve to stay engaged in what our politicians are doing. Don’t get tired and give up. All political power is inherent in the people.

America can only be transformed into something unrecognizable if we get so tired that we give up our political power and close our eyes to what is going on. Find the energy to stand for what you know is right, including supporting leaders who don’t engage in energy policy doublespeak.

- Sarah Palin

Tuesday, January 5, 2010

IBD Interview Back Up

I went searching for Palin's IBD Interview that she gave in July of 2008 on You Tube and it had been taken down. I just reposted it.

Part 1

Part 2

Part 3

Thursday, December 31, 2009

Tuesday, October 6, 2009

LOTUS - Oil, Debt, and the Falling Dollar

The Laptop of the United States

The 'Cuda's on a roll today. A second Facebook post:

The British newspaper The Independent reported today that Gulf oil producers were negotiating with Russia, China, Japan and France to replace the dollar in pricing oil with a basket of currencies.[1]

According to the Wall Street Journal, Arab oil officials have denied the story, but even the possibility of such a talk weakens the dollar and renews fears about its continued viability as an international reserve currency.[2] In fact, today a United Nations official called for a new global reserve currency to replace the dollar and end our “privilege” to run up huge deficits.[3] We can see the effect of this in the price of gold, which hit a record high today in response to fears about the weakened dollar.[4]

All of this is a result of our out-of-control debt. This is why we need to rein in spending, and this is also why we need energy independence. A weakened dollar means higher commodity prices. This will make it more difficult to pay our bills – including the bill to import oil.

In his book Architects of Ruin, Peter Schweizer points out that the Obama administration is focusing primarily on “green energy," while ignoring our need to develop our domestic conventional energy resources.[5] We’re ignoring the looming crisis caused by our dependence on foreign oil. Because we’re dependent on foreign nations for our oil, we’re also at their mercy if they decide to dump the dollar as their trade currency. We can’t allow ourselves to be so vulnerable to the whims of foreign nations. That’s why we must develop our own domestic supplies of oil and gas.

Though the chant of “Drill, baby, drill” was much derided, it expressed the need to confront this issue head-on before it reaches a crisis point.

Bottom line: let’s stop digging ourselves into debt and start drilling for energy independence.

- Sarah Palin

*Note: Schweizer’s book is a real eye-opener. The sections on ACORN are quite informative.

[1] See http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html

[2] See http://online.wsj.com/article/SB125484066563367821.html

[3] See http://www.breitbart.com/article.php?id=CNG.e272eaa74dccc30f21c6ff7638b0f37b.461&show_article=1

[4] See http://news.yahoo.com/s/afp/20091006/ts_afp/commoditiesgoldmetalsprice_20091006144514

[5] See http://www.peterschweizer.com/

Here's Peter Schweizer's book on Amazon.

Hmm. And here I thought Palin couldn't read a book, let alone write one. Whaddya know.

Thursday, July 16, 2009

The IBD Says "Drill, Baby, Drill!"

Investor's Business Daily has been a fan of Sarah Palin's energy policies for quite some time. They came out in defense of Palin's op-ed opposing Cap and Trade in an editorial yesterday. The article is here, along with an audio podcast version.

The whole editorial was great, so here it is in its entirety:


"John Kerry, replying to an op-ed Sarah Palin wrote on cap-and-trade, suggests the Alaska governor "check the view from her front porch." What she sees from there, senator, is energy wealth going to waste.

"The political death of Sarah Palin has been greatly exaggerated. In a devastating op-ed in the Washington Post, Alaska's governor exposes the cap-and-tax fraud that has nothing to do with earth's temperature and everything to do with government control of the economy.

"She also exposes the stealth socialism ambitions of the Democratic left and once again points out the availability of abundant "shovel-ready" resources under America's soil, off America's shores and even in America's rocks.

"Judging from the reaction from Sen. Kerry and the political arm of George Soros, one must ask: If Palin is spent as a political force, why is everyone on the left so worried and talking about her?

"Kerry took to the ultraliberal Web site Huffington Post to object to Palin's description of "the president's cap-and-trade energy tax" as "an enormous threat to our economy." In Alaska, she wrote, "we understand the inherent link between energy and prosperity, energy and opportunity, energy and security."

"Kerry, who opposed the Cape Wind project off breezy Cape Cod because a wind farm capturing energy from ocean breezes might spoil his view, went ballistic. In a thinly veiled reference to Tina Fey's "Saturday Night Live" skit, he repeated the warm-monger mantra that the "global climate change crisis threatens our economy and national security in profound ways" and that "Gov. Palin need look no further than the view from her front porch in Alaska to see how destructive this crisis can be."

"What Palin sees is a cap-and-tax plan that will result in a "dried-up energy sector" that even the sponsors of the Waxman-Markey bill anticipate, or they wouldn't have included a provision providing $4.2 billion over eight years for newly unemployed energy workers.

"It's not just the energy sector that will be devastated. Palin notes that "even more American jobs will be threatened by the rising cost of doing business under the cap-and-tax plan." We have cited an analysis of Waxman-Markey by the Heritage Foundation that found unemployment will increase by nearly 2 million in 2012, the first year of the program, and reach nearly 2.5 million in 2035. Total GDP loss by 2035 would be $9.4 trillion.

"Kerry responded that Palin failed to mention that "jobs in our emerging clean energy economy grew nearly 2 1/2 times faster than overall jobs since 1998." That's easy when you start from almost zero. Note that 1998 is also the year the earth started cooling, with not a warmer year since. There's even been snow in Malibu.

"From Palin's front porch, senator, she can see "the largest private-sector energy project in history" — her "3,000-mile natural gas pipeline (that) will transport hundreds of trillions of cubic feet of our clean natural gas to hungry markets across America."

"From Palin's front porch you can also see the 2,000-acre part of ANWR's frozen tundra that contains 10.4 billion barrels of recoverable oil (such estimates often underestimate actual yields) and that could supply all the oil needs of Kerry's Massachusetts for 75 years.

"And from her front porch, Palin can see the Chukchi Sea northwest of Alaska's landmass. Awaiting development there, according to the U.S. Geological Survey, are 1.6 trillion cubic feet of natural gas, or 30% of the world's supply, and 83 billion barrels of oil, 4% of global conventional resources.

"MoveOn.org began e-mailing members Tuesday, asking them to fund a rapid response ad blasting Palin's op-ed. Soros' group said Palin was positioning herself as the face of conservative opposition to Obama's energy policy, telling supporters her op-ed was "a marvel of misinformation and outright lies."

"What really hurts is Palin's truth. Kerry and MoveOn.org say Sarah Palin must be stopped. We say, drill, baby, drill."