Thursday, January 06, 2011

Obama's Foolhardy Fight with Windmills

What is becoming clearer is that the concept of “manmade global warming” may be one of the greatest hoaxes in world history. How soon this will become generally known will depend on how forcefully the political effort seeking both national and international control of industry and wealth redistribution can keep the hoax hidden by intimidation and forcefully amplified rhetoric while systematically jeopardizing the economies of America and other developed nations.

A couple of months later, the Climategate e-mails appeared. What was revealed therein changes the “may be” in the excerpted paragraph’s first sentence to “is.”

It is the Obama administration that is “systematically jeopardizing the economies of America” for no reason, as the IBD editorial makes clear:

In just two years, as Steve Everley of the American Solutions blog has noted, the Obama administration has:

• Virtually shut down oil drilling in the Gulf. Yes, the six-month moratorium announced during the BP oil spill ended in November. But regulators have made it nearly impossible for oil firms to restart operations and have slapped strict new rules on drilling even in shallow waters.

• Put hundreds of billions of barrels of offshore oil and gas off-limits to exploration and production. By executive order, the administration has taken much of the energy-rich Outer Continental Shelf out of play. This, according to the Energy Information Administration, will cut this year’s output by 220,000 barrels a day.

• Canceled 77 existing drilling leases in Utah, one of Department of Interior Secretary Ken Salazar’s first actions and a move that set the tone for the Obama administration’s war on energy.

• Proposed new taxes on energy, including the cap-and-trade fiasco, that have had a chilling effect on new investment in energy. Steven Chu, Obama’s energy secretary, has already let the cat out of the bag by saying he wants to see pump prices in the U.S. as high as they are in Europe. Last we checked, that was $7 a gallon.

America has the oil and natural gas resources to ensure its energy future as we develop reasonable, economically viable alternatives to fossil fuels. And that oil and gas is available right now.

Yet, our government has systematically put those resources out of reach, making us more dependent on unreliable foreign sources. Today we’re more, not less, vulnerable to the predations of foreign dictators and tyrants who would do us ill.

… Obama’s war against fossil fuels is a direct assault on our oil-dependent economy and standard of living.

No comments: