OIL- AMERICAS SHORTAGE IS ALL POLITICAL
I originally published this article on July 3, 2011 and nothing has changed. Every American should recite my title every time they fill up the gas tank. We are the reason we have high gas prices when we elect politicians who seek nothing but power and force us to send Trillions of dollars to the people who want to eliminate us. This is madness and the people who elect these morons will be the slaves of the oppressors when they destroy our freedom. They will discover what work means when no social programs exists. I spent a lot of years in Indonesia where there are no social programs where if you don’t work you don’t eat. The government works with industry to make sure everyone has a job. America did this when I was growing up in the 1930-1950’s and it worked. I suppose I will post this again and again as no one seems to care, especially in Washington. Everywhere else they expect social justice will prevent them from having to work for a living.
Reprint of July 3, 2011 posting
I have been asked over the years why do we suffer the continuing increases in the price of gasoline. The answer has been the same every since 1994 when I retired from some 15 years in the petroleum industry, “POLITICS”. As long as the people do not act as a force to challenge the politicians it will just get a little worse each year. Sadly it hurts the poor people who keep electing the progressives, both Republicans and Democrats, in a never-ending cycle. WHY, the race to make America a socialist society by destroying our Republic form of government and having the government-run every aspect of our lives. Take the time to read some facts. C Brewer
| The U. S. Geological Service issued a new report in April 2008. It was a revised report (hadn’t been updated since 1995) on how much oil was in this area of the western 2/3 of North Dakota, western South Dakota , and extreme eastern Montana . Check out this link.
The Bakken is the largest domestic oil discovery since Alaska’s Prudhoe Bay, and has the potential to eliminate all American dependence on foreign oil.
The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable… At $107 a barrel, we’re looking at a resource base worth more than $5.3 trillion. Unemployment could be eliminated.
For years, U. S. Oil onshore exploration has been considered a dead end. However, a recent technological breakthrough has opened up the Bakken’s massive reserves…. And we now have access of up to 500 billion barrels. Hidden 1,000 feet beneath the surface of the Rocky Mountains lay the largest untapped oil reserve in the world. It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. In three and a half years of high oil prices none has been extracted. Why are we still fighting over off-shore drilling?
We have more oil inside our borders, than all the other proven reserves on earth. Here are the official estimates:
– 8-times as much oil as Saudi Arabia
– 18-times as much oil as Iraq
– 21-times as much oil as Kuwait
– 22-times as much oil as Iran
– 500-times as much oil as Yemen
– And it’s all right here in the Western United States.
HOW can this BE?
HOW can we NOT BE extracting this?
Because the environmentalists and others have blocked all efforts to help Americas dependence on foreign oil! Again, we are letting a small group of people and politics dictate our lives and our economy…..WHY?
Don’t think ‘OPEC’ will drop its price – even with this find? Think again! It’s all about the competitive marketplace, – it has to. It appears OPEC is funding the environmentalists and the politicians?
Check it out at the links below!!! It should blow your mind.
If everyone would share the facts revealed in the links it might force the media to explain why they will not ask the politicians WHY?
The current high price of fuel (gas and diesel) is destroying our economy. The cost to move our food by truckers is a real problem due to the high cost of diesel for their trucks. The ethanol concept is loco and pure political. Out of every 10 bushels of corn, 4 goes into ethanol and that ratio is projected to increase. And ethanol is still receiving our tax dollars in the form of subsidies!
Thanks for researching this issue and please continue with other postings on this subject.
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Hey Clyde, I suspect you are very familiar with Ed Wallace the car guy and I would be interested to hear your thoughts on his writings such as the article in this article http://www.businessweek.com/investor/content/apr2011/pi20110419_786652.htm. I listen to Ed’s show on KLIF on Saturday mornings and he has a segment called Backside of History that I really enjoy. Enjoying your blog.
I am not familiar but I will find his writings.
Clyde, I should have added that this is Jeff Hanstrom. I have just started reading your blog and I am loving it. Keep the words of wisdom coming. The reason I suggested, and the thing I like about Ed Wallace is that he is uses data to back his positions instead of rhetoric bologna. Hope you and Norma are doing well.
I knew who you were. We are doing well and still enjoying East Texas.
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