Another article at VOA suggests something strange. ‘Obama Promotes Plan to Fight Rising Fuel Prices‘ is the title. The author states ‘Obama told students that the price increases are mostly a result of events in other parts of the world.’ That is because America imports too much oil.
According to the VOA report Obama said ‘his administration has approved an unprecedented amount of domestic oil and gas production’. Countering that claim is a quote from Kathleen Sgamma, vice president of government and public affairs for the Denver-based Western Energy Alliance. ‘Because of the 5- to 10-year bureaucratic lead time on public lands, production today is the result of actions taken years ago in prior administrations’.
True or not this blog has an opinion on the issue of energy in general and oil specifically that may not be shared by others. Some of this has been stated here in earlier posts. On the topic of ‘drill, baby, drill’ why would an American oil company increase domestic production when they can simply import oil to sell in America? Regardless of estimates on the size and location of fossil fuel deposits around the world everyone should certainly agree on one thing. There is a finite supply of oil in the world and it is not a renewable resource.
Wouldn’t it be better for America to use oil from other parts of the world and save our own resources until other sources are depleted or unavailable? While I may agree with the President that alternative sources of energy should be pursued his statements on that and his so-called plan do nothing in the near term. The economic viability of alternative energy sources are many decades away. We need to solve certain problems with energy right now.
No one is really being honest about energy policy. Energy companies have their agenda. Liberals have an agenda on energy as do conservatives. What is the true situation with regard to domestic oil production? Is our refining capacity up to the task? Can automakers do anything else to improve vehicle performance? Are consumers willing to pay more at the pump or the dealership? Are Americans willing to change their habits with regard to transportation?
The Keystone XL pipeline would bring energy resources from Canada. While not what I would call true domestic energy production it certainly has advantages over other energy imports. A news source linked in this post suggests some of the oil and gas leases on public lands are operating at a rate of 43% with a third in production and the rest in exploration. It was also noted that government approval causes serious delays in development.
It seems to me that as a nation we need to produce enough energy domestically to keep prices relatively stable year round. I don’t expect America to become completely independent with regard to energy but the current and historical trends don’t suggest optimism. The topic of energy always makes me wonder why the pursuit of nuclear fusion has not been successful?
I sometimes feel like a conspiracy theorist because of my suspicion that problems with conventional energy issues and the promise of nuclear fusion are being carefully influenced by powerful groups or individuals. It seems we have grappled with these issues far too long. It should be reasonable to expect enough ingenuity and ability exists in America to have provided solutions by now. The blame game continues and nothing really changes. Is that by design?