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| Congressional Research Service: US has WORLD'S LARGEST energy resources. Ogabe: Fuhgeddaboutit! |
| 2011-05-23 |
| H/T Director Blue In case anyone missed it, let me repeat something that is of a magnitude of 10 on the scale of news-quakes for Joe Public USA: America's combined energy resources are, according to a new report from the Congressional Research Service (CRS), the largest on earth. They eclipse Saudi Arabia (3rd), China (4th) and Canada (6th) combined -- and that's without including America's shale oil deposits and, in the future, the potentially astronomic impact of methane hydrates. Yes, Ogabe's trying to cripple the US energy industry. Can you say "smoking gun," boys and girls? I knew you could! The energy facts in the CRS report should be making front page news all over America. Mostly it isn't. Given the devastating news from Japan and New Zealand, it may be right to postpone dancing in the streets. But something else is going on. Even though they are going to dominate global energy supply for decades to come the insidious war on vital fossil fuels continues apace. Actually, this report has been out since November of last year. Why every Trunk officeholder and candidate in the country, from Boehner on down to Joe Doaks running for sewer commissioner in East Overshoe, Nebraska, hasn't been waving this report in front of every available TV camera is proof of why so many of us think of the GOP as The Stupid Party. Political pantomime From over here, the lack of a comprehensive US energy policy and the incoherence of President Obama's political take on energy, reminds me of a pantomime I saw last Christmas, Aladdin. The cave is full of energy riches, but 'Emperor' Obama -- or is it Wishy-Washy? --refuses to allow the words "open sesame" to be spoken. "The Obama administration has made a conscious policy choice to raise energy prices, accomplished in good measure by restricting access to domestic energy supplies." So says Senator James Inhofe, a Ranking Member of the Senate Environment and Public Works Committee. He adds forthrightly, "We could help bring affordable energy to consumers, create new jobs, and grow the economy if the Obama administration would simply get out of the way so America can realize its true energy potential." Meanwhile US energy policy persists in pursuing the myth that renewables are the economically viable future, with fossil fuels already, as the president said in January, "yesterday's energy". With 85 percent of global energy set to come from fossil fuels till at least 2035 no matter what wishful thinkers may prefer, current US energy policy -- much like European -- is pure political pantomime. And hard to bear to bear for Americans, knowing the Aladdin's Cave of global energy power is right beneath their feet. |
| Posted by:Ricky bin Ricardo (Abu Babaloo) |
| #2 There is an apples and oranges problem here. The US has done much more exploration than other nations and furthermore classifies reserves differently than other nations. Naturally, these differences make these kind of comparisons a problem. These points are made in the CRS paper but not in the language of the post. |
| Posted by: Lord Garth 2011-05-23 21:11 |
| #1 This should be an impeachable offense. But, the MSM will cover it up and it won't see the light of day except in blogs. |
| Posted by: DarthVader 2011-05-23 16:20 |