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Obamaloney and Renewable Energy!

June 25, 2011

Last August, I wrote an article titled “Obamaloney: Is President Obama Full of It!” see http://tinyurl.com/barry-stevens280. The article was basically a report card on President Obama’s response to: the BP oil spill, climate change legislation and several non-energy related issues of the time.

Having voted for him, it’s disheartening, for me and our country, to find out he demonstrated poor leadership, lack of competency and common sense.

OK, so why bring this up again. If you haven’t heard, last week, President Obama decided to release 30M barrels of oil from US oil emergency reserves. Matthew Daly of the Associated Press reported this was done “as part of a broader international response to lost oil supplies caused by turmoil in the Middle East and North Africa, particularly Libya.” Mr. Daily goes on to say “the 30 million barrels to be sold by the United States represents less than two days’ worth of domestic oil consumption.”

Somewhat consistent, John M. Broder and Clifford Krauss of The New York Times, stated our allies will release and additional 30 million barrels of emergency oil reserves to replace lost Libyan oil production and assure adequate supplies for the summer.”

According to the Energy Information Administration (EIA), Libya’s oil imports to the US were 0.27% and 0.31% of all crude imports for March 2011 and October 2010, respectively. Not even near a whopping market breaking 1%. http://www.eia.gov/dnav/pet/pet_move_impcus_a2_nus_ep00_im0_mbbl_m.htm

Even Saudi Arabia, the 3rd largest oil importer to the U.S. accounts for only about 10% of all domestic imports. With all these mystified reasons for opening up America’s reserve, which appears more for our so called Allies then Americans, Reuters reported on March 2011 that “President Barack Obama set a goal on Wednesday of cutting U.S. oil imports by a third in a little over 10 years as high gasoline prices threatened to undermine the economic recovery. [ID:nN30123808]” If releasing 30 million barrels of oil which amounts to only two day’s worth of domestic oil consumption will ease imports and drop prices by “flooding the market with crude oil,” I need to go back to grammar school and learn modern day arithmetic.

With all the talk of reducing our reliance on foreign oil and energy security, Reuters also noted that “Last year U.S. oil imports rose 1.7 percent to average 9.163 million bpd.”

Don’t get me wrong, I hate paying a fortune at the pump to fill up my car. Would rather use that money to buy more newspapers and read the full text of speeches much like that on June 22nd where he said: “Now, we must invest in America’s greatest resource –- our people. We must unleash innovation that creates new jobs and industries, while living within our means. We must rebuild our infrastructure and find new and clean sources of energy.”

So what does this have to do with renewable energy, actually nothing? That is the point, where is our Energy Policy, why at every corner is the government more focused on fossil fuels than clean energy. Even a partial or interim solution of providing incentives to convert vehicles to burn domestic compressed natural gas, which is about 28% cleaner than petroleum, makes more sense than all the  brouhaha of opening up emergency reserves . All that has to be done is to transfer some of the excessive incentives granted to the oil industry to developing a compressed natural gas infrastructure. Obviously, the time clock has been ticking way too long on providing truly clean and renewable energy sources such as solar, wind, geothermal, waste to energy conversion, and non-conventional hydropower.

If the government focused as hard on these beneficial long-term energy solutions as they do on wars and fossil fuels, maybe we would not have to go to war in the Mideast and pay exorbitant prices on limited, unhealthy and environmentally unfriendly resources.

True, I do not have the howitzers on my back that he does. Sure it’s easy to sit comfortably by the pool on a warm, sunny and breezy Texas day and point fingers and stand in judgment. However, the one thing I have that Present Obama doesn’t have is a grandchild. I look into her little eyes and wonder, if she will have the opportunity to sit and write by the pool and wake up the next morning to the same opportunities my generation had.

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2 Comments leave one →
  1. June 27, 2011 6:09 PM

    We need to unleash the free market and get the hell out of the way. CNG could be given tax breaks ETC ETC to help get it to market. I agree with that. Other tax incentives could be given to other cleaner forms of fuel.
    In the mean time if the country is going to survive in the face of ever increasing competition for business we need to stop worrying about everything the rest of the world could care less about.
    Global Warming may be a problem. It MAY BE caused by man or by sunspots from the sun.
    That is what was believed to cause a warmer climate in 1100-1200 AD. By the way it helped man to have longer growing seasons. Better to warm then cold.
    What good it is going to do if we have this clean air and absolutely no place for anyone to work? While China and India take over the world of production.
    Your last sentence says it all. No they are not going to have the same opportunities you had because we have an out of control central government that is determined to make this another third world country of slaves.
    This country is following almost exactly the path that caused the Fall of the Roman Empire.
    It is just a matter of time.
    Terry

  2. Roger Thompson permalink
    July 1, 2011 1:24 PM

    I must agree wirth Terry….

    To your last statement Barry regarding your grandaughter. If this bafoon we currently have in the office of the POTUS is re-elected, then most certainly your granddaughter will not have the same opportunities you and I enjoy today. Under his reckless leadership we are in serious danger of rapidly losing many freedoms that are beloved founding fathers so brilliantly established for us.

    Happy 4th of July and God Bless America!!!!!

    Roger

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