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	<title>Thoughts on: Marketing... The Economy... &#187; oil</title>
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	<description>&#38; Other Ideas by Keith Jennison...  Exeter, Rhode Island</description>
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		<title>The biggest opportunity, in the last 50 years.</title>
		<link>http://www.keithjennison.com/2008/08/the-biggest-opportunity-in-the-last-50-years/</link>
		<comments>http://www.keithjennison.com/2008/08/the-biggest-opportunity-in-the-last-50-years/#comments</comments>
		<pubDate>Wed, 13 Aug 2008 16:28:19 +0000</pubDate>
		<dc:creator>Keith</dc:creator>
				<category><![CDATA[2008 Election]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[drill]]></category>
		<category><![CDATA[oil]]></category>

		<guid isPermaLink="false">http://www.keithjennison.com/?p=65</guid>
		<description><![CDATA[So you think the economy is about to implode? You hear all this &#8220;recession&#8221; talk. You listen to Katie every night telling you how bad it is.
And you believe it. That&#8217;s sad.
Right now, the summer of 2008, the US is sitting on the biggest economic boost since we geared up for World War II.  Larry [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.keithjennison.com%2F2008%2F08%2Fthe-biggest-opportunity-in-the-last-50-years%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.keithjennison.com%2F2008%2F08%2Fthe-biggest-opportunity-in-the-last-50-years%2F" height="61" width="51" /></a></div><p>So you think the economy is about to implode? You hear all this &#8220;recession&#8221; talk. You listen to Katie every night telling you how bad it is.</p>
<p><strong>And you believe it. That&#8217;s sad.</strong></p>
<p>Right now, the summer of 2008, the US is sitting on the biggest economic boost since we geared up for World War II.  Larry Kudlow of CNBC is a big proponent of <a href="http://article.nationalreview.com/?q=Yjc3YzNkMWY2ZmMxY2M2MmQzZWRlNzE4MDA3ZWJkMjc=" target="_blank">&#8220;Drill, Drill, Drill&#8221;</a>. But let&#8217;s face it, if Congress lifted the off shore (or Alaska) drilling moratorium today, it would take several years for the first barrel of oil to be pumped. Some say the infrastructure is in place off the coast of California and we could see oil in two years. Other say ten or more years. I don&#8217;t think this is an issue.</p>
<p>The real value to this is the new jobs, new industry, and new economic potential for the country. This is an industry that cannot be outsourced over seas. They are good quality jobs, and a revitalization of the oil industry in this company.</p>
<p>Even if we do find alternatives over the next 10 years, we could become a major oil exporter! How cool would that be, pump it here and ship it to all those developing countries. A 10 year plan for energy and economic independence.</p>
<p>Think about this when you vote this November.</p>
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		<title>Drill, Drill, Drill</title>
		<link>http://www.keithjennison.com/2008/08/drill-drill-drill/</link>
		<comments>http://www.keithjennison.com/2008/08/drill-drill-drill/#comments</comments>
		<pubDate>Tue, 12 Aug 2008 12:00:38 +0000</pubDate>
		<dc:creator>Keith</dc:creator>
				<category><![CDATA[2008 Election]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[drill drill drill]]></category>
		<category><![CDATA[gas crisis]]></category>
		<category><![CDATA[oil]]></category>

		<guid isPermaLink="false">http://www.keithjennison.com/?p=57</guid>
		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.keithjennison.com%2F2008%2F08%2Fdrill-drill-drill%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.keithjennison.com%2F2008%2F08%2Fdrill-drill-drill%2F" height="61" width="51" /></a></div><p>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!</p>
<p>This is not like the tax debate, or the abortion debate, or the health insurance debate. With all of those, you are either <strong><em>for</em></strong>  them or <strong><em>against</em></strong>  them. You cannot be for higher taxes and lower taxes at the same time. You can&#8217;t be for abortion and against it.</p>
<p>But with this energy (gas) crisis, you <strong><em>can</em></strong>  support both sides. Let&#8217;s face it, who <span style="text-decoration: underline;">really</span> knows what the best policy will be over the next 10 years?</p>
<ul>
<li>Will we be able to generate alternative forms of energy?</li>
<li>Will we be able to get T Boon Pickens wind farms setup?</li>
<li>Will Detroit develop an engine that will get 100 miles per gallon?</li>
<li>Will nuclear plants be built so we can generate cheaper electricity?</li>
</ul>
<p>You don&#8217;t have the answer, I don&#8217;t have the answer, and believe it that nobody in Washington has the answer. So, <strong>why don&#8217;t we just do all of the above and also <span style="text-decoration: underline;">DRILL, DRILL, DRILL!</span></strong></p>
<p>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.</p>
<blockquote><p><strong>Note to Environmentalists:</strong><br />
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&#8230; which is also right off the coast of Florida. It just doesn&#8217;t make sense that we don&#8217;t drill and everyone else does.</p>
<p>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.</p>
<p>It&#8217;s time for you to get over and it&#8217;s time for the Democrats in Congress to act.</p></blockquote>
<p><strong>Imagine if&#8230;</strong></p>
<p>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?</p>
<p><strong><em>We become an OIL EXPORTER! </em></strong>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.</p>
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