Let Your Rabid Leftist Friends And Family Go
Outgoing Biden Admin Exposed for Special Interest Corruption
A Quick Bible Study Vol. 243: What the New Testament Says About Fearing...
The Forever-Tarnished Legacy of Barack Obama
Avoiding Self-Inflicted Trade and Economic Wounds
Giving Thanks Is Good For You
The Hidden Pro-Life Message You Missed at Miss Universe
The Border's Broken Vetting System: Why We Can't Wait to Fix It
Can We Take Back the English Language Now?
Trump's Strategy On Iran Could End Middle East Wars
Trump Names His New Agriculture Secretary
Bombshell Report Reveals Disturbing Truths About the Biden-Harris Parole Pipeline
Gen. Milley Makes Stunning Admission About Incoming Trump Administration
ICE Sends Hochul Grim Warning After Arresting Wanted Illegal Immigrant
Sickening: An Illegal Alien Allegedly Raped a 14-Year-Old Girl in Colorado
Tipsheet

Can We Drill Yet?

As gas prices rise and economic recovery stalls, environmentalist-friendly politicians (not to be confused with environment-friendly politicians) continually invent reasons why we cannot and should not drill our own domestic oil: our carbon emissions are accelerating global warming; we must invest in green technology before China outperforms us; we do not have enough oil to make a dent in global gasoline prices. And of course, my favorite myth of all: our domestic oil supply is running drastically low. Environmental-fear-mongers have been insisting that the world will shortly run out of oil supplies for decades, but we continue to discover
Advertisement
more and more:

Photobucket



There is a major difference between the supply of oil that, given current prices and technology, is economically practical to extract, and the finite physical supply of oil ultimately available. By some estimates, the United States is sitting on well over two trillions barrels of crude oil, enough to meet our current demand for automobile, aircraft, industrial, and heating fuel for 300 years.

In his recent op-ed, Oklahoma Senator James Inhofe detailed the non-partisan Congressional Research Service’s conclusion that America has the planet’s largest combined supply of oil, coal, and natural gas. Despite President Obama’s insistence that an immediate, government-mandated, farcical green-revolution is our only viable option, tapping into these reserves will create jobs and strengthen the economy. As
Advertisement
more Americans feel the pain at the pump and begin to favor increased domestic drilling, how long can his strategy remain politically profitable?

Photobucket


Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement