Wednesday, April 27, 2011

LEAPING LIZARDS

WE’RE A NATION OF IDIOTS

First, the greenies used the Spotted Owl to destroyed the timber industry of the Pacific Northwest, then they used a minnow to turn the most productive agricultural land in the world into a dustbowl, and now, as energy prices spike and the economy sputters, they’re going after the Texas oil and gas industry with a useless reptile.   To be more Specific, it’s the “Dunes Sagebrush Lizard”.  Yep, that’s the latest critter that has been determined to be more important than people.


If the Fish and Wildlife Service  it determines that the lizard is indeed endangered, they will shut down the most productive oil counties in Texas, ban roads, and slow farm activity.


This no doubt comes as great news to the Secretary of Energy, Steven Chu, who in 2008 said, “We must increase gas taxes to force people to turn to alternative energy.  Somehow, we have to figure out how to boost the price of gasoline to levels in Europe.”   So there you have it, that’s the goal, make us just like Europe with lower growth and higher taxes.

The left wants us to believe gas prices rising because the big oil companies are just trying to cash in and make a killing.  But, the truth is, the Left itself is the reason why gas is getting outrageously expensive.  By using any means necessary to suppress the production of gasoline and other petroleum-based fuels, the Obama administration and the greenies are helping to ratchet up our cost of living by making energy prices skyrocket.  Ironically, that is about the only campaign promise that Barack Obama has actually kept.


As with most other commodities, the cost of petroleum-based fuels relies in large part on market forces.  Even with speculation on oil futures, ultimately, the price of oil (and thereby anything refined from it) must obey the laws of supply and demand.  When supply goes up, price goes down, and vice versa.  When demand goes up, price goes up, and so forth.  And this is where the monkey-wrenching by the radical Green Left and their allies in our government, especially in the EPA, comes into play.

Under the current administration, the efforts by the Greenies to undermine American access to energy have greatly accelerated.  By stifling the exploration, development, and marketing of our petroleum resources, they cause the price at the pump to go up.  Simple supply and demand.  When demand for petroleum goes up (as it is with China and India rapidly industrializing, as well as America and the West’s own steady increase), but supply is restricted, cost will rise sharply – which is what we’re seeing.  And make no mistake, the leftists in our own government are doing everything they can to restrict America’s access to her own oil supplies.

What’s so surprising to many people, given the current energy woes, is that America is literally floating on a massive sea of oil and gas.  We have something like six times the proven petroleum reserves as Saudi Arabia.  There are hundreds of billions of barrels locked up in the Bakken formation alone, under North Dakota.  We have billions more in Alaska, both on land and offshore.  Our Gulf Coast sits atop another several billion.  Just recently, even more billions of barrels were discovered under Texas, augmenting fields that we had thought were just about played out.  Truly, if there is any country in the world that should have cheap gasoline, it should be us.


 Here's another example...


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