Showing posts with label Gas. Show all posts
Showing posts with label Gas. Show all posts

Monday, July 14, 2008

Stand on Energy Policy

Here was the question killing me - what should be done to control the high rising gas pricing
here is from BarakObama.com

Invest in a Clean Energy Future
Support Next Generation Biofuels
Set America on Path to Oil Independence
Improve Energy Efficiency 50 Percent by 2030

I hate to say but this guy has no clue what pinch we are having on pocket filling the tank of Gas. May be because we are not earning 1.67 Million USD a year. - if we are than probably i dont mind paying $80 instead of near $43 a year ago.
Source of Obamas' income:
http://www.chicagotribune.com/news/nationworld/chi-060926obamareturn-story,0,736232.story

Look at his policy: Next Generation Bio fuel, Set America on Path of oil independence, Improve efficiency by 2030

the closest idea in his plan is 2013 - after 5 year. Its just me or any one else also see this - whats in his suggestion is all vaporware - Something in 2013, soimething in 2020, something in 2023, something in 2030. So there is nothing he can do in his period of presidency - if he become one - he has no results he would need to show. What ever he is suggesting is all are experimental technology. nothing concrete. nothing proven.

I do not think i want this guy running this country. Do you?

Let us see JohnMcCain.com.
Expanding Domestic Oil And Natural Gas Exploration And Production - no new technology, Nuclear technology - no new technology. along with long term plan of all experimental technologies.

It does make sense, isnt it? if you have to solve some problem. Do what you already know first, and give resource in the area you need to experiment. isnt this common sense.

When OBAMA says that embracing ethanol as a substitute for gasoline ultimately helps our national security, because right now we're sending billions of dollars to some of the most hostile nations on earth and America's oil dependence, makes it more difficult for us to shape a foreign policy that is intelligent and is creating security for the long term. He conveniently does not tell the following:
  • In the US, most of our ethanol comes from corn, and frankly it's a political football rather than a solution. According to some estimates, it may take as much as 11 acres of farmland to produce enough ethanol to power a car for one year
  • Even worse, to harvest all that corn and manufacture the ethanol, you need to use - you guessed it, oil, electricity (including fertilizer, much of which is petroleum based) and gasoline. Right now,it costs 1.29 gallons of gas to manufacture a gallon of ethanol...and that's not factoring in any of the other costs!
  • The biggest funders of jihad worldwide are the Saudis, the UAE and Iran. And guess what...out of these three, only one of them, Saudi Arabia, exports a significant amount of oil to the US, roughly 12% of our total imports. As a matter of fact, the US gets 74% of it's oil imports from countries outside the Middle East, with Canada, Mexico, Ecuador, Columbia and Nigeria accounting for over 50% of our total imports.
  • If US suddenly stopped buying Middle East oil, they would still sell it to India, China or someone else, and Islamism is still going to get funded. In any case, the Saudis and the UAE learned from the oil boom/bust of the 1970's; oil is no longer their whole economic basis, and those petro-billions have been invested in financial instruments and infrastructure around the globe.
  • People argue if Brazil can do it why US Can't? Answer is simple, Brazil managed to achieve energy independence using ethanol made out of cane sugar, but that was largely successful because can sugar has a higher ethanol output than corn, and because Brazil's energy needs as compared to the US are simply not in the same ballpark. The two countries may be somewhat similar in physical size but the level of population, development, infrastructure and cars on the road couldn't be more different.

Nevertheless, it would be a positive development and great for the US economy, it would open up some wonderful strategic opportunities if we chose to exercise them...and the fact remains that oil is not in infinite supply, and that's something we had better begin thinking about.

Its long time i had written on this blog. I wrote a long one to componsate - and there is more still to come. May be next time i will write, what i think is best policy, instead of finding problems in others