Google +1

Showing posts with label Drilling. Show all posts
Showing posts with label Drilling. Show all posts

Tuesday, April 26, 2011

Why not use our National Oil Reserve Now?


Why not use our National Oil Reserve Now?
© April 26, 2011
Richard O. Harris

Perhaps I am confused, yet it seems to me less than a year or two ago (during the Gulf Oil Spill) there was a great deal of talk about using the National Oil Reserve to relieve prices at the pumps.  As stated on the site: http://fossil.energy.gov/programs/reserves/spr/spr-drawdown.htmlThe Strategic Petroleum Oil Reserve exists, first and foremost, as an emergency response tool the President can use should the United States be confronted with an economically-threatening disruption in oil supplies.”  We are currently experiencing (not just seeing) $4 and $5 a gallon prices for gasoline at the pumps due to interruptions of oil supplies because of unrest in the mid-east (mainly OPEC countries).

http://hotair.com/archives/2011/04/23/video-how-high-gas-prices-will-impact-the-economy-this-easter/ reports Barack Obama is “taking action”? Er, not really. He’s calling a task force together to look for abuse, which will do exactly nothing to lower gasoline prices. We need to expand domestic production and refining capacity in order to address the fundamentals of the instability of the fuel market. Until we do, we will continue to see prices fluctuate based on political unrest in producing countries, greater demand from developing industrial nations like China and India, and the lack of will to find our own resources and keep our own dollars in our own economy. 

Still, not a single news cast or report I have heard mentions using this readily available resource to assist in our current crisis.  Drilling, fracking, new energy sources I support with all of my being.  Still, common sense tells me these will take time to develop, time we as a nation may not have thanks to the decline of America Obama has already caused (impeach this man for unilaterally invovling the U. S. in the Libyan war, which is not a Presidential prerogative.)

Rick's Amazon Store

Google Search

Donate

Comments

Recent Comments

Powered by Disqus

Some of My other Sites

Find HIV/AIDS Services

Fusion Quest

20% Of All Online Sales
Come Through Affiliate Programs

Launch Your Affiliate Program
Through FusionQuest

  • UltraLinks -- Direct Links
  • Extreme Support -- Costomized Solutions
  • Value -- Packed for the Price
  • The Complete Solution

Access the FusionQuest Network
of Affiliates.

Providing continuous affiliate tracking since August of 2000. Time-tested and experienced!

Take The Free Test Drive Today!

www.FusionQuest.com

Congress

Let your voice be heard!!! www.congress.org

Buy.com

SnapDolllars.com

Gadgettown.com

10% off for Car Diagnostic Tools at GadgetTown.com

SAT Courses

The nation's largest on-campus provider of sat prep and act prep

Test Prep

Test Preparation GMAT LSAT GRE