Hating the prosperity and independence that technology has brought our society and its ever-growing energy needs, the President has been dishonest with facts concerning what we could do- what HE could do- to avert a looming US energy crisis. The easy, common-sense answer is to radically ramp up access to our abundant, existing resources, both short and long term.
The first myth (nicer than saying ‘Lie’) is that we only have a small fraction of oil reserves and we should just get used to being at the mercy of primitive, volatile foreign regimes:
American Solutions has a summary of what President Obama said yesterday as it relates to energy issues, along with what they call Obama’s “three biggest myths”:
“We can’t escape the fact that we control only 2% of the world’s oil.” This is a common refrain among anti-drilling Democrats and environmentalists, and it’s repeated enough that many people accept it as true. In reality, it’s 100% false. The number comes from a highly conservative estimate from the Energy Information Administration totaling America’s proven reserves where we are already drilling. It does not include the 10 billion barrels available in the Arctic National Wildlife Refuge. It does not include most of the 86 billion barrels available offshore in the Outer Continental Shelf, most of which President Obama has placed under an executive drilling ban. And it does not include the 800 billion barrels of oil we have locked in shale in Wyoming, Utah, and Colorado. Those shale resources alone are actually three times larger than the proven reserves of Saudi Arabia, so the claim that the U.S. only has 2% of the world’s oil is clearly false.
While the President stays in lock-step with the Big Environment/Green Zealot groups, we are in grave danger. Their anti-prosperity, anti-energy approach of ‘no-energy, no-way, from-no-where’, will continue a race towards a whole scale failure of our energy grid and our society.
If we want to live like primitive savages with the lower life expancies and the lower standards of living in third world countries, we are on the right path. If we’d rather prosper like we have since the beginning of this great nation, then the President and those like him that want to unravel our country must go.