-- There's enough natural gas beneath America (406 trillion cubic feet) to heat every home in America for the next 150 years, but we can't tap it all.
-- We have the largest supply of coal in the world, but it's Germany who is planning to build 27 coal-fired power plants by 2020.
Bill Clinton once said, "We just have to slow down our economy and cut back our greenhouse gas emissions 'cause we have to save the planet for our grandchildren." That is the type of mentality that got us in this trouble. We're saving the planet but killing our economy and nation.
Congress needs to take some practical steps now to stop the insanity at the pumps, reduce our dependence on foreign oil, open up some temporary energy production avenues for economic relief (such as shale development), and focus more on developing alternative energy (coal, natural gas, hydrogen, solar, nuclear, wind, etc.). There is simply no reason or justification for us to be dependent on foreign fuels that we can produce in our country.
If you're sick and tired of giving away $2 of every gallon of gas to foreign dictators -- making other oil-producing countries, cartels and tycoons rich beyond their imagination -- and watching the federal government flail for energy solutions and bow to international powers -- all of whom are sucking the very life out of the American people, economy and threatening national security -- I implore you to sign and pass along the petition at Newt Gingrich's "American Solutions for Winning the Future" Web site (www.AmericanSolutions.com). We're hoping to send millions of signatures to Congress demanding an immediate emergency session and resolution to our economic and national security crisis revolving around soaring oil and gas prices.
Our message: It's time to drill here and drill now! The petition is simple. It states, "We, therefore, the undersigned citizens of the United States, petition the U.S. Congress to act immediately to lower gasoline prices (and diesel and other fuel prices) by authorizing the exploration of proven energy reserves to reduce our dependence on foreign energy sources from unstable countries."
Speaking of unstable countries, did I mention that Iraq's oil minister just reported oil production is at prewar levels (2.5 million barrels a day), yielding earnings for Iraq of $28.5 billion in just the first five months of this year? What that means is soon we likely will be dependent and in debt to yet another Middle Eastern oil-producing country that we've helped stabilize and become wealthy while ours is going straight down the tubes.
Congratulations, Congress; you're failing us completely.