Before getting into the specifics of this entry, I am a firm believer in American exceptionalism. We are “not just another country” out of many. We have been a beacon at times when the world was dark- World War II, the Cold War, a stand against Islamofascism (until Obama came along). People from around the world immigrate to our shores- sometimes legally, sometimes illegally- to | Read More »
The United States is the largest producer and the largest consumer of natural gas in the world. Besides gas trapped in natural formations, technology has mastered geology with the fracking techniques developed largely without government subsidies, but by drilling, extraction, and oil companies. Recent articles have noted that a state like Pennsylvania, which sits atop the huge Marcellus shale formation that contains an estimated 10.3 | Read More »
The solutions to our dependence on foreign oil can be solved, the experts say by either increasing supply (the “drill baby drill” people) or decreasing demand (the tree huggers). I don’t understand why it cannot be both simultaneously. The United States is a leader in technology for safely extracting oil nd natural gas. As Shell Oil vividly demonstrated in the case of extracting shale oil, | Read More »
Perhaps the greatest concern in any debate regarding a national energy policy has been and continues to be our dependence on foreign oil. Obviously, our reliance has a direct effect on foreign policy and strategic thinking that has, at times, hampered or ability to formulate a coherent, consistent and principled foreign policy, especially in the Middle East. Also, as emerging economic powers like India and | Read More »
In Obama’s Saturday morning radio address, he speaks of the rising price of gasoline and the effect it is having on the American consumer in particular and the economy in general. Actually, is less an attempt at empathy with the American public than it is a realization that his popularity and his approval are plummeting as quickly as gasoline prices are rising. Rasmussen has | Read More »
Here we go again. As Americans grapple not only with the loss of jobs, those who do have jobs now find it more expensive to get to those jobs because of the price of gasoline. Make no mistake: the bulk of our oil imports is refined into gasoline and diesel for transportation purposes. And once again, the price of gasoline becomes a political football | Read More »
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