VOTE FOR OIL SANITY During the McCain /Obama debate of 9-26-08, Senator Obama repeated his frequent claim that we can’t drill our way out of our petroleum problem. He is absolutely correct provided the Democrats win this election.
The congressional ban on exploration and production of oil and natural gas on 85% of our offshore areas expired on October 1, 2008. These offshore areas contain an estimated 85.9 billion barrels of oil.1 Our total consumption of oil is 2007 was 7.4 billion barrels of oil.2 This area could therefore produce an estimated 100% of our oil consumption for over 11 years. On 8-25-08, Senator Obama said that if we inflated our tires to the proper level, we would reduce our oil consumption by 3 to 4% and probably save more oil than we’d get from Senator McCain’s plan to eliminate the offshore drilling ban.3 The Democrats have vowed to reinstate this ban on exploration and drilling right after they win the election. Our reserves could be much larger than the above estimates because exploration has been banned for 26 years and exploration technology has greatly improved during that period. The 26 year drilling ban on 85% of our offshore territory which the Democrats promise to reimpose have caused our excessive gasoline prices and bankrupted our economy. The hundreds of billions of dollars which we presently pay to our enemies each year is a major cause of our financial crisis. The economy of our enemies in Russia, Venezuela and Iran are completely dependent on their oil and natural gas revenue. We need a new drilling objective. Our objective should be to drastically lower the world price of oil and natural gas. We would do this if we produced the oil we consume. We need an emergency strategic plan which includes massive drilling with the highest of priorities. It is now obvious that the potential dangers to the environment caused by drilling or by more carbon dioxide emissions are minimal compared to the present real danger of survival. All federal restrictions on drilling and exploration should be permanently abolished. The affected States should decide where drilling is prohibited. Our ultimate strategic plan should also include nuclear electrical power generation and battery-powered vehicles. We will, however, continue to require oil and natural gas because they are essential raw materials for many vital industries. If we will unleash our Free Enterprise System to solve the world’s petroleum problems, we will prove once again the superiority of our system to the oppressive systems of our enemies. A Patriotic Citizen 1. http://en.wikipedia.org/wiki/Oil reserves 2. http://tonto.eia.doe.gov/dnav/pet/pet crd crpdn adc mbbl m htm 3. http://blogs/abcnews.com/poloticalpunch/2008/08/obama-pushes-ba.html --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
