Sunday, November 18, 2007

How Much Of Our Own Oil Are We Using?

As a follow up to a previous blog about how environmentalist wackos have prevented America from tapping much of its own oil resources (thus forcing us to rely on foreign sources), the President of Shell Oil went on a 50-city tour to talk about the energy crisis, and some startling statements came out of a recent stop. Check it out:
Just nine years ago, oil was at $8 per barrel, and gas was half of what it is now. The president of Shell, John Hofmeister, is warning Americans the next ten years could bring an economic nightmare if something is not done.

Hofmeister has been on a tour, making the case that the county needs to begin using its own 100 billion barrel oil reserves.

"A lot of the weakness of the dollar has to do with the shipping of cash out of this country to the oil exporting countries in -- trillions of dollars in the last several years," Hofmeister said. "The question is do we want to continue that without developing our own domestic resources where we could be putting trillions of dollars into the development of our own natural resources?"

[T]he company's president said that America has to act now.
I'd just like to point out a couple things. First, we have 100 billion barrels of our own oil reserves. 100 billion barrels! Second, our energy crisis is a major contributor of how weak the dollar is in comparison to other currencies. Third, do you see how our lack of domestic resources has jacked up the cost of oil? From $8 a barrel [according to Hofmeister, although what I've found on the Internet isn't quite that low; regardless, the point is still valid] to $100 a barrel in less than a decade!

We need to do something now! Contact your reps and tell them to get over the hype of environmentalism and start protecting America from our own idiotic wackos.

There's my two cents.

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