Oil Isn't The Answer

Since the end of last year, we've been flooded with camera shots of Bush walking around in what looks like a lovers' embrace with dozens of Arab sheiks.
You can be pretty certain that every time Bush kisses the cheek of another Arab prince he has to feel regret that he ignored the advice of economists, think tanks and consumer groups that seven years ago warned him that America needed to save itself from imported oil dependence.
Countries all over the world are figuring out that oil dependence creates economic disaster for the needy types who are counting on billionaire sheiks to give them a break.
There are at least two parts to the problem:
First, Arab sheiks are running out of oil. The term peak oil is a reality that this administration has known about for seven years. They've known that out of 60 of the world's top oil producing countries, 50 have completely run past their peak production capabilities. Production is in an irreversible free fall. It is a development that oil royalty won't acknowledge because they want the US oil addiction to last as long as possible.
Second, the idea that the US can drill in the Arctic National Wildlife Refuge (ANWR) and solve our oil impasse is bogus, right-wing radio hype aimed at blaming gas prices on the Democrats.
The truth is that it would be 15 years before any ANWR oil could be pumped from the ground. The impact of that ANWR oil would decrease the price of oil by a paltry 75 cents per barrel, according to the government's own studies. America blows through 20 million barrels of oil per day. ANWR sources would only provide 800,000 of those barrels and we would still be in the place W was told we were heading seven years ago - laying prostrate and pleading at the feet of billionaires in white robes.
In the 1970s, Iceland was 100 percent dependent on outside sources to meet energy needs. It was the poorest economy in Europe because of that endless economic drain. Today Iceland is energy independent. Home heating is done geothermally, and solar, wind and hydro energy are primary energy sources minimally supplemented by fossil fuels.
Six years ago Sweden followed suit by announcing that by 2020 they would no longer be dependent on fossil fuel. Last year Israel proclaimed that their energy infrastructure would be free of the economic drain of fossil fuel imports by 2025. The oil that OPEC controls first started developing when dinosaurs were alive and well. Today, a different kind of dinosaur still roams the earth. They are alive and well within the ranks of this administration that relies on Jurassic, dated thinking to solve America's most serious problems.
The solution to energy dependence is not found in places like ANWR. The solution certainly is not to plead with Arab sheiks like the pathetic beggars we have appeared to be recently. Instead of embracing Middle East dictators and hoping for the best as we have for almost eight years now, it's time to accept and embrace the good advice that W has for so long chosen to ignore: End our oil addiction.
- FILED UNDER: Host Posts, Congress, Economy, Environment, George W. Bush, Global Warming, Oil
- June 23, 2008








First of All - you need to Accept "Facts"
Most of what is posted here to date is wishing, hoping, non-substantiated "so-and-so said", blah blah blah.
Here are the facts:
1. The US has more shale oil than the entire Middle East pool oil - more than 1 TRILLION barrels. Approximately 200 years worth.
It is economically recoverable at $75 a barrel.
Congress just put a moratorium on shale oil drilling (Canadians have been doing it for years)
We buy a lot of oil from Canada. Thanks US COngress - big help.
All of the above are subject to some adjustments depending on your source of info - but the basics are true and undisputed.
2. As long as you have "green" groups and liberal "icons" like Ted Kennedy fighting every proposal to set up wind or solar energy you can kiss that "solution" good bye. Every major solar/wind project in last 5 years delayed.
3. Most of the "10 years" that folks on this blog complain about taking for drilling oil to market is due to the years long procedures of EPA, lawsuits, Federal requirements, etc. You want oil in 4-5 years, knock off the paper BS and make the oil companies triple indemnity for any environmental damage.
4. The major alternative proposal to oil energy - nuclear - takes 10-15 years to construct and bring on line. See number 3 above.
5. A great deal of oil is used in the manufacture of, among other items, plastics used in car bodies to reduce gas consumption. There is no economical substitute for this unless you want to use brittle (and expensive) fiberglass. Oops, sorry, fiberglass contains oil-based hydrocarbons as well.
6. No refineries have been built in the last 30 years. So we not only import Oil, we have to import finished products as well.
6. Congress has taken exactly 0 action on three things that would help immediately:
- tax crap out of any non-commercial vehicle not getting 25 MPG
- Mandate $10 Bn investment in hydrogen gas infrastructure (3-5 years plan for Cal, NY & Ill)
- $10 Bn investment in hydro-cars, trucks, trains, buses, whatever. Honda can do.
Did I mention "start drilling today to bring down price of oil futures"? This is not a "fact" of course - it's just the way markets work.
Wind power will work the day we put a windmill in front of Ted Kennedy.
- parent
By houndogJune 23, 2008 - 2:46pm