Palin extended the debate over oil versus the environment to cost. She raised the question of oil imports versus oil exports. Worldwide oil discovery shatters the shortage myth. Could American technology develop enough oil at prices of $25-$40 per barrel? Will this bring infra-structure to revive the economy and bring jobs back to the United States. As a net exporter, will budget surpluses create a strong dollar? A return to Reagan’s “city on a hill.”
Can optimism replace pessimism? Can our immigration policy attract the world’s best educated and productive workers while protecting our borders from those who would use our economy to transfer wages back to a mother country. Welfare, medical and education costs fall instead of rising. Our military attains a competency sufficient to dissuade aggression. This is a Reagan-like spirit of can-do rather than “shall not.” Let the greenies compete to drive costs down, not up. Acknowledge that billions of years of a sun, billions of miles away, cannot be influenced by well-meaning reformers.
Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts
Tuesday, September 9, 2008
The Middle East & Russia
A decade after Reagan won the Cold War and sponsored supply side economics, a new voice threatened the free world. Environmentalists attacked dependence on carbon based energy. Saudi Arabia, with Aramco in the lead, created a defacto pro-western alliance. But when Iraq and Iran renewed their age old conflict, Sadaam Hussain ignited a Shia/Shiite conflict that had existed for centuries. Sadaam’s success against Iran caused the United States to suspend support. Saddam then turned on Kuwait with eyes on Saudi Arabia. Meanwhile the Soviet attack on Afghanistan re-ignited a modern version of the Crusades, Moslems against Christians, funded by the Saudi Arabian Wahabis. To make matters worse, the environmentalists’ ban on drilling forced the United States to choose Iraq as the killing field for access to the world’s carbon.
Other factors emerged. China rejected Mao’s agrarianism in favor of western industrialization. India rejected Ghandi’s pacifism for western industrialism. Both rejected environmentalism for low cost carbon.
Putin realized that with the greening of the democracies, gas and oil revenues from the “stans” could rebuild the Russian economy. Not ideological but the raw power of czarist Russia. For Putin, Georgia, the Ukraine, the Baltic states, Poland, Czechoslavakia, Yugoslavia and the middle east became his objective.
Believing environmentalist claims that it will take ten years for American-based carbons to meet the soaring influence of Russian based energy, Putin tested the waters in Georgia.
Will Europe choose Russian oil and gas or the blood, sweat and tears of war? Is NATO a paper tiger? Will Brazil dominate the Americas as the United States currency collapses? The stakes have never been higher. Our allies never more unreliable. Our political will must choose between the sternness of federalism or the excess of liberalism.
The next few years will tell the story. The outlook is not bright. There are nuclear states capable of igniting World War III.
If we reverse political direction and strive to be the largest producer of carbon-based oil, coal and gas at the lowest cost and determined to compete with the middle east and Russia on a cost basis, we will supply Europe and the rest of the world with American carbon—cleaner, safer and cheaper. The middle east will tremble. Russian influence may abate and NATO could find its backbone. India and China will welcome cheap carbon and the United States will re-emerge to our former position as world leader. Realization of Ronald Reagan’s vision of a shining city on a hill.
Other factors emerged. China rejected Mao’s agrarianism in favor of western industrialization. India rejected Ghandi’s pacifism for western industrialism. Both rejected environmentalism for low cost carbon.
Putin realized that with the greening of the democracies, gas and oil revenues from the “stans” could rebuild the Russian economy. Not ideological but the raw power of czarist Russia. For Putin, Georgia, the Ukraine, the Baltic states, Poland, Czechoslavakia, Yugoslavia and the middle east became his objective.
Believing environmentalist claims that it will take ten years for American-based carbons to meet the soaring influence of Russian based energy, Putin tested the waters in Georgia.
Will Europe choose Russian oil and gas or the blood, sweat and tears of war? Is NATO a paper tiger? Will Brazil dominate the Americas as the United States currency collapses? The stakes have never been higher. Our allies never more unreliable. Our political will must choose between the sternness of federalism or the excess of liberalism.
The next few years will tell the story. The outlook is not bright. There are nuclear states capable of igniting World War III.
If we reverse political direction and strive to be the largest producer of carbon-based oil, coal and gas at the lowest cost and determined to compete with the middle east and Russia on a cost basis, we will supply Europe and the rest of the world with American carbon—cleaner, safer and cheaper. The middle east will tremble. Russian influence may abate and NATO could find its backbone. India and China will welcome cheap carbon and the United States will re-emerge to our former position as world leader. Realization of Ronald Reagan’s vision of a shining city on a hill.
Thursday, June 19, 2008
EXXON Wins; Public Loses
Exxon is selling its gas stations to independent entrepreneurs. Its profits will rise. Price at the pump will also rise. Entrepreneurs will no longer be funded by “big oil.” The public will suffer with “big oil" out of the loop. Pressure to drill will be intense. The price of oil from the middle east may rise as Arab kingdoms go for their last bite. Faced with deficits, our government may sell its low cost “strategic” reserve at market prices to pay off our debt. That reservoir was based on the last World War--tanks, planes, and carriers. The next war will be over in weeks! The loser goes naked. Why do you think Bush and Cheney worry about nuclear proliferation? Wake up America!
Subscribe to:
Posts (Atom)
