Monday, March 2, 2009
Taxes, Oil and our Economy
It is interesting that under President Obama’s energy program according to M.I.T., we will see a significant rise in prices of fuel, electric bills, heating oil etc. just so the president can appease the far left even though most Americans will get screwed. But why does this not surprise us? Then again, we are moving to alternative sources of energy. Now according to most in the know, we are lucky to see 30% of our energy coming from alternative sources by 2030. So, while we continue to buy oil form Saudi Arabia, Argentina, Mexico and other countries and watch our money flow out of our country, we sit on all the energy we have off our shores, in Alaska and Colorado shale that we are not going to develop. We should be using our own money to purchase oil and natural gas from our sources and not foreign sources. I do believe we would see an increase in our economic situation and when alternative sources can meet our needs, we can cap our offshore wells. But that is so obvious why can’t our elected officials see this? Would it be because we are in political payback mode? Then again it is so obvious, we do not and cannot expect our political leaders to see the obvious that would benefit the citizens. I guess if we were all illegal, we would see a movement in this direction. What some will do to get themselves elected and their party in power.
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