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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (2492)	9/19/2008 2:08:12 PM
From: Road Walker	Read Replies (2) \| Respond to of 86356

So you think we can totally remake our economy in 20 years? I think we can get off imported oil in 20 years. Remember we currently produce 30%+ of our own oil, and with expanded drilling we may be able to keep that somewhat steady. So the reduction that we need is 70%, give or take. 5% a year, while not a walk in the park, is certainly doable. A 30% tax credit. 30% of what? To whom? A lie. Where is the USN protecting oil companies investments in Nigeria or Indonesia or Venezuela? Those are countries where assets (and employees killed and kidnapped) have been attacked or seized. I will say again, US oil companies have essentially no investments in Iraq. I didn't say they did. You think the battleships patrolling the Persian Gulf or protecting the Straits of Hormuz are doing it for the scenery? Another lie. Leases are competitively bid. And big bucks are paid for them. You haven't paid attention to the scandals? they get depreciation allowances Every business does. As they should. Accelerated. Jeez... The military argument is stupid. Like saying our considerable NATO commitment exists only to protect the N Sea and other European oil and gas fields. No your response is stupid. Of course the military exists for other purposes. But a portion is used to protect our vital interests, and one of our vital interests is oil. Think of it this way if we could drill our way out of this problem then we could also reduce our military cost liability. We had a burning river in OH 30+ years ago. Environmental problems were perceived differently. A lot of cleanup has occurred, yet the fear-mongering continues. So what do you propose? Make environmentalism illegal?