
Thank God someone finally said it. Here we are, sitting on TONS of natural resources and our own government PREVENTS us from tapping those resources while saying we need to find alternative forms of energy and end our dependence on foreign oil.
Newt spells it out in an article called Our Tanks Are On Full:
“Let’s be clear: our energy crisis is not due to a lack of American energy resources. We have more coal than any other country in the world. There are 86 billion barrels of oil and 420 trillion cubic feet of natural gas lying undeveloped offshore. Shale-oil reservoirs in parts of Colorado and Utah could hold upwards of 1 trillion barrels of oil—more than three times the proven reserves in Saudi Arabia. Nuclear power is a clean source of energy that produces zero carbon emissions. It generates 20 percent of America’s electric power today, and with the right investment could generate far more.”
“Instead, America is suffering from an artificial energy crisis, one that is the product of our government’s policies, not despite them. For example, until September 2008, Congress had made it illegal to drill for oil and natural gas in most areas off our coasts. Congress still forbids the development of the vast shale-oil reserves in the Rocky Mountains even though there are promising technologies that could make extracting oil from shale economically competitive. In addition, laws passed in the 1970s banning the recycling of spent nuclear fuel forced nuclear-power plants to invest in techniques to dispose of the fuel; the long-running feud over where to store the spent fuel has helped prevent the construction of more plants.”
Preach Newt, preach!
While King O and the oh-so-politically-correct Dems are trying to create green jobs (translation – energy jobs they deem worthy of doing) Americans are denied the lucrative energy resources, jobs and money that lay right under our feet.
When do we stop paying foreign countries for resources we already have?
Drill baby drill!
Posted by Aleister on Sunday Apr 5, 2009 Under Democrats, Economy, News, Newt Gingrich, congress, domestic energy, politics






April 5th, 2009 at 6:54 pm
[...] Aleister put an intriguing blog post on American Glob » Blog Archive » Newt Gingrich: The American Energy …Here’s a quick excerpt“Let’s be clear: our energy crisis is not due to a lack of American energy resources. We have more coal than any other country in the world. There are 86 billion barrels of oil and 420 trillion cubic feet of natural gas lying … [...]
April 5th, 2009 at 11:28 pm
[...] the original post here: Newt Gingrich: The American Energy Crisis is Basically a Bunch of Bullshit Social [...]