Greenies gone wild...

Welcome:

Today is the NJ primary. I was wrong. I said that Neither Obama nor Huckabee would win their respective nominations after Iowa. After listening to the talking heads on TV (CNBC, MSN, Etc.) they are all in love with Obama, left and right alike with the exception of Ben Stein. Anyway, less than a year out and it looks like Obama has the best chance to win the Dem. primary and the GOP is up in the air.

Now to the topic: Oil! In 50 years, we may not have a petro-based transportaion economy. But for now, we do. While we continue to encourage alternative energy, we need to extract the petroleum resources we currently have.

We have heard politicians for decades talk about our dependence on foreign oil on one hand, while they limit development at home on the other. There are many outstanding reasons to explore/produce/develope our petroleum resources in the United States:

1. Oil is the largest component in the trade deficit. Import less oil, reduce the trade deficit.
2. Stop sending money to countries that don't like America and our way of life.
3. High paying jobs in the oil patch!
4. Keep more oil profits at home which in turn provides more taxes and royalties. The tax revenue could be used to subsidize alternative energy development

We can accomplish many things just by allowing companies to explore here in the US. It is almost to the point of being rediculous. In Alaska we have a large tract of land that was designated by the Federal Gov't the National Petroleum Reserve Unit A or NRPA and greenie organizations are sueing the feds to stop exploration in these areas. Crazy. Greenies gone wild. They are willing to sacrifice jobs, quality of life, and national oil independence to make sure a caribou herd numbering in the hundreds of thousands won't lose any numbers.

I am not pro-oil, just pro-common sense. Anyway, that is it for today.