Politics of Energy Message Board

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Politics : Politics of Energy

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To: Brumar89 who wrote (1761)	8/18/2008 11:08:44 AM
From: Archie Meeties	Read Replies (3) of 86356

Is this what passes for a reasoned discussion about energy these days? Henpecking 42 USC 15912, section 357 and calling it "Obama's bill"? How about getting back to: The US has the highest per capita expenditure on oil of any developed nation. We import over 2/3's of our oil, transferring a massive amount of wealth. Energy is subsidized, for example, gasoline tax doesn't cover the cost of road maintenance, oil companies receive a "manufacturing tax deduction", even though other miners don't. The 2 other major developed economies in the world, Japan and German, have massively reduced their depence on petroleum through taxation and mass transit. High estimates for ANWR (geologic, not seismic)+ OCS will lead to displacing 3-4% of imports, max. The impact of OCS/ANWR on prices is expected to be in the low single digits/barrel.

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