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Thursday, January 31, 2008
Ross Mackenzie :: Townhall.com Columnist
On Breaking the Foreign-Oil Habit and All That
by Ross Mackenzie
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The primary campaigns have featured little discussion about energy.

Democrats tend to favor renewable fuels (solar, wind) and biofuels such as ethanol, but the prospects for such fuels adding much to the energy mix are limited. Democrats also favor tapping the Strategic Petroleum Reserve and imposing strict emission controls for petroleum power — carbon output regulation (with federal penalties) and bagging stacks.

They favor reduction of gasoline usage through mandated fuel efficiencies (as in legislation signed by President Bush last month). They favor “excess profits” taxes on oil companies (remember?). And they favor international accords (e.g., Kyoto), wherein we would limit our industrial output while subsidizing Third World economies that lack our manufacturing capacity.

Republicans tend to favor building more nuclear plants (none authorized since the mid-1970s) and more oil refineries (none built in generally the same period). They also favor drilling on federal lands (e.g., the Arctic Natural Wildlife Refuge) and on the outer continental shelf.

To get the nation unhooked from petroleum long-term, Republicans favor — as well — incentives for nuclear-plant construction and tax credits for research and development of non-petroleum, alternative-fuel (especially hydrogen-driven) cars.

Generally, what Democrats favor Republicans oppose — and what Republicans favor Democrats oppose. This is why Washington accomplishes little to reduce our dependence on foreign petroleum. And so, our foreign oil habit grows ever worse, with our principal suppliers (or, to continue the metaphor, dealers )too often regimes and autocrats accustomed to making their way in the world detesting Uncle Sam. Their economies require that we continue to be hooked on their oil.

When the Democrats controlled Congress, they did little to break our foreign-oil habit. When the Republicans controlled Congress, they lacked sufficient numbers or sufficient leadership to overcome Democratic obstructionism fostered by “greens” clustered on the eco-left. And the 1990s, for instance, boasted a mere $8 for a barrel of crude — and the consequently soaring “Clinton economy.” In the year of their most recent congressional control (2007), the Democrats felt insufficiently moved by the crisis of our foreign oil habit to do much about it.

Now oil (in December) has topped $100 a barrel. The foreign percentage of our total petroleum usage stands at all-time highs. And the federal pols are pushing stimulus packages to ignite a recessioning economy.

For their part, many foreign countries are going nuclear in big ways. Nuclear power produces about 19 percent of U.S. power generation, with seven new reactors now in early-planning stages — at last. France, by contrast, is self-sufficient for 79 percent of its energy, most of it nuclear-generated; it is a net nuclear-power exporter.

Notes French President Nicolas Sarkozy: Continued...

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About The Author

Ross Mackenzie lives with his wife and Labrador retriever in the woods west of Richmond, Virginia. They have two grown sons, both Naval officers.

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On breaking the foreign oil habit
It's really quite pathetic that a country like
America can't drill for its own oil. Until
that day comes, I don't want to hear any whining
about "foreign oil". Thank John McCain for
blocking our efforts in Alaska.

Consider...
cell phones for example. Suppose in 1990 the gov`t had announced a Manhattan plan to unwire America. Imagine a cell phone system totally developed by the US gov`t over the past 20 years and compare that with the one in existence today provided by a free market economy. Does anyone think phones would be cheaper or better in any sense? You could apply the same analysis to computers or the internet.

I am an engineer and know the energy industry quite well. The inventiveness and entrepreneurial drive are still there and are the strongest force for good, but the industry is overwhelmed by political regulation. Also recent mega-mergers have nearly eliminated competition in the energy field.

Well-meaning but ill-informed gov`t is a curse to economic development and unfortunately the electorate, even "conservatives" posting here, don`t understand that.
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