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The Paris Energy Policy IS Right!

Wednesday, August 13th, 2008

I just read a response on the Huffington Post trashing Paris Hiltons energy policy.

It’s the same old liberal drivel… “drilling won’t do anything in the short term so don’t do it”. I have never heard such a ridiculous reason. At least tell the truth as to why you hate drilling:

  • You are an enviornmental kook
  • You hate oil because of global warming
  • You hate anything that works in the free market
  • You hate capitalism.

But, even if what you say IS true and we don’t get any oil from these new areas for ten years, so what? Can’t you think beyond today? Are you so short sited that you cannot see that no matter what happens with alternative fuels, there will always be a need for oil?

Sure, you know that.

Drill, Drill, Drill

Tuesday, August 12th, 2008

What is with congress? We are on the verge of a major energy crisis (everything in Washington CD seems to be a crisis, but this one really is) and they go on summer vacation!

This is not like the tax debate, or the abortion debate, or the health insurance debate. With all of those, you are either for  them or against  them. You cannot be for higher taxes and lower taxes at the same time. You can’t be for abortion and against it.

But with this energy (gas) crisis, you can  support both sides. Let’s face it, who really knows what the best policy will be over the next 10 years?

  • Will we be able to generate alternative forms of energy?
  • Will we be able to get T Boon Pickens wind farms setup?
  • Will Detroit develop an engine that will get 100 miles per gallon?
  • Will nuclear plants be built so we can generate cheaper electricity?

You don’t have the answer, I don’t have the answer, and believe it that nobody in Washington has the answer. So, why don’t we just do all of the above and also DRILL, DRILL, DRILL!

We should drill off shore, and in Alaska, and do whatever we can do to extract the oil out of the shale in the Midwest.

Note to Environmentalists:
Give me a break. Just about every other country in the world with oil reserves, on shore and off shore, are drilling. Even liberal socialist countries like Norway and Sweden. Cuba and China have an agreement to drill off the coast of Cuba… which is also right off the coast of Florida. It just doesn’t make sense that we don’t drill and everyone else does.

We can drill without killing animals and polluting the shores. Hurricane Katrina blew through the Gulf and not one drop of oil was spilled from any of the drills we currently have off shore.

It’s time for you to get over and it’s time for the Democrats in Congress to act.

Imagine if…

Let say, we do develop alternatives that will replace most of our gasoline consumption in the next ten years. What are we going to do with all that oil we are drilling off shore and in Alaska?

We become an OIL EXPORTER! There is no way China and India, and other developing conuntries will also be weaned off oil and gas in the next ten years. We could end up exporting more oil then we import today. Sounds like a win, win situation to me.

Don’t participate in the slow economy

Friday, August 8th, 2008

Watching the news last night… the headlines were inflation was up, unemployment was up, house prices are down,  the sky was falling.

Then, I switched to Larry Kudlow’s CNBC show “Kudlow and Company” a half the guests (he always has a ton of guests) were saying it’s just not that bad.

His question was “are we better off today than we were 4 years ago?” It sure doesn’t feel it, I would have said and emphatic no. But lisenting to his guests the stats don’t necessarily agree.

  • The Dow is higher than it was 4 years ago
  • The median house price is higher than it was 4 years ago
  • Unemployment is only slightly higher than it was 4 years ago
  • Average household earnings is higher than it was 4 years ago
  • and there was more and more… you get the point.

I understand, we are on a downturn (some say recession) from where we were a couple years ago. Gas prices have hit everyone. But, if it wasn’t for the price of oil right now, the whole economy would be looking pretty good.

The take away from this is, you just don’t need to participate in the slow economy. Sure, if you are laid off you are in a different position. If you got one of those teaser mortgages when housing prices were up a couple years ago and your payment just hit the roof, you are in a difficult situation. But for most of us, it’s just not that bad.