In One Eye

Wednesday, April 27, 2005
 
In his talk on energy this afternoon, it was pathetically ironic that Dear Leader continued to tout a 20th century energy source while assuring Americans that 21st century "technology will provide the answer in the long run by allowing development of more domestic energy sources."

The former chairman of Harken Oil (as much as he touted "nukuler energy") proposed (and here I yield to the Harvard MBA's deathless prose)
"building and expanding American oil refineries ... the EPA ... simplifying rules and regulations ... [and] simplify[ing] the permitting process for ... construction [of oil refineries]."
In more of the same old same old, the Texas oilman averred that
"[b]y easing the regulatory burden, we can refine more gasoline for our citizens here at home. That will help assure supply and reduce dependence on foreign sources of energy.

"Advances in technology will also allow us to open up new areas to environmentally responsible exploration for oil and natural gas, including the Arctic National Wildlife Refuge. Technology now makes it possible to reach ANWR's hydrocarbons by drilling on just 2,000 acres of the 19 million acres of land. That's just one-tenth of 1 percent of ANWR's total area. Because of the advances in technology, we can reach the oil deposits with almost no impact on land or local wildlife. Developing this tiny section of ANWR could eventually yield up to a million barrels of oil per day. That's a million barrels less that we've depended on from foreign sources of energy.

"Listen, the more oil we can produce in environmentally sensitive ways here at home, the less dependent our economy is, the less reliant we are on other -- on other parts of the world. Technology is allowing us to make better use of natural gas. Natural gas is an important source of energy for industries like agriculture or manufacturing or power production. The United States is the sixth-largest proven reserves [sic] of natural gas in the world, and we'll do more to develop this vital resource. That's why I signed into law a tax credit to encourage a new pipeline to bring Alaskan natural gas to the rest of the United States."
This all sure doesn't sound like anything new—as much as the SCLM is headlining it.

I think Senator Reid pretty much has it right when he "called Bush's initiatives 'little more than half-measures and wrongheaded policies that will do nothing to address the current energy crisis or break the stranglehold that foreign oil has on our nation.'"