Friday, July 16, 2010

The Clock is Ticking

They've stop the leak in the Gulf and that is good news for the day. However, what about the big picture?

The United States spends $1 Billion every single day on imported oil. Everything around us in one manner or another is touched by petroleum or its by-products. We can't escape our immediate dependence on oil and we can not escape the fact that alternative energy is not forthcoming in any immediate manner, nor is it as cost effective as oil.

To be realistic, we can not just cut ourselves off from oil exploration, nor can we allow our country to become solely dependent on foreign oil which could potentially allow power-grabbing rogue nations to jeopardize our energy security and national security.

Unfortunately, Obama doesn’t get it either or he is just ignoring his pledge to uphold the security of this great nation. Stopping oil exploration just doesn’t make sense, it is a far more intelligent approach to learn from the mistakes made on this mishap rather than shut the entire region down hurting so many in so many ways.

Another issue is Obama’s 2 Billion “preliminary commitment” to Petrobras deep water exploration (3 times deeper than the Gulf well) just days after his biggest financial supporter George Soros strengthened his $900 Million investment in Brazil’s Petrobras. Could there possibly be a conflict of interest here?

Why would any American President send taxpayers money to a foreign country for their deep water exploration while shutting down our own domestic efforts?

Shutting down American drilling, slamming the economy while it is heading toward the cliff just doesn’t make sense either, unless you’re out to destroy the American economy.

Yes, we have an energy problem, we do need to find cheaper, better, easier to find energy. However, in the meantime we need to utilize our own energy sources including oil. We need to cut our dependence on foreign oil and the only way we can make that happen is to open up our domestic opportunities, not shut them down.

If we can’t provide enough oil and gas to power our economic and military machinery, America’s leading global role could become dangerously compromised. And that is unacceptable.

As our Founding Fathers intended, America must remain the world’s most powerful, free and independent nation. We are the last bastion of hope and freedom and to keep that beacon glowing, we need to ensure our energy independence for the generations that follow us.

Meanwhile, the clock is ticking.

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