Friday, June 13, 2008

Congress' Crude Squeeze

Read about what the real problem with energy is in the US market. We could be energy independent, if Congress would let us.
The biggest obstacle to putting more domestic oil in the pipeline is not economics or tech hurdles, though. It is the pro-OPEC, Democratic-majority, maddeningly irrational U.S. Congress. Oil companies, whose investments in the Bakken Formation have been stranded, are hamstrung by a congressional moratorium on developing oil shale fields on federal lands, where much of the crude is found.
Why are we shipping $100s of billions to terror states when there is no need? Ask the nearest Democrat Marxist for the answer.

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