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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (639210)12/13/2011 11:59:42 PM
From: i-node3 Recommendations  Read Replies (2) of 1578995
 
>> And aren't you tired of the imbalance in our imports/exports which benefit the ME oil countries and screws the US?

And why is that?

Because the US has to fight its own liberal base to produce the oil it has. We could very well be producing MORE OIL than Saudi Arabia within five or ten years. But we have an Obama administration throwing up roadblocks to it at every turn. Horizontal drilling and hydraulic fracturing combined threaten to dramatically reduce our dependency on imported oil over the coming decade. But the Obama administration is cranking out FALSE REPORTS of drinking water contamination in an effort to stop it.

We have a glut of natural gas so big that prices have dropped to a point that producers hardly see it as worthwhile; what were going to be import terminals for natural gas are now being scrapped in favor of building export terminals. Yet, we have no energy policy that would encourage, even by giving lip service, to the idea of using natural gas in lieu of oil. Natural gas producers are having to sell off their leaseholds because gas is so cheap.

The president is standing in the way of building a pipeline for the US to have access to Canadian resources, preferring, I suppose, to buy oil from the Saudis in the meantime. He does so stupidly -- I might add -- since it would create thousands of "shovel ready" jobs, it would pose a far lower risk of environmental catastrophe than the tanker shipments to China that will occur if the pipeline isn't built. And instead of buying crude from Canada, we'll continue buying it from Venezuela and Saudi Arabia.

And in a total over-reaction to the Gulf Spill, we still have thousands of unemployed roughnecks who have stood by and watched their jobs float away to other nations with more sensible leadership. Jobs that won't be coming back which would have produced oil we'll now have to buy from unfriendly suppliers.

It is YOUR IDIOT-ASSED president causing the problem, Ted.
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