Friday, July 18, 2008

Drilling Isn't 'The Answer'

You may be surprised at the title of this post, but just bear with me for a moment.  David Harsanyi writes an outstanding opinion piece in the Denver Post that you need to read:

One day Americans are moaning about the harmful impact of cheap oil and the next they're grousing about the harmful impact of expensive oil.

Which one is it?

As a disreputable sort, I freely confess to having a fondness for oil. Actually, I have a mild crush on all carbon-emitting fuels that feed our prosperity. But I'm especially fond of cheap oil. For many years, those who spread apocalyptic global-warming scenarios have warned me that a collective national sacrifice was needed to save the world.

One option, we were told, was to make gas artificially expensive, forcing our ignorant, energy-gobbling neighbors to alter their destructive habits.

Well, here we are. At $4 a gallon for gas, we already have a flailing economy. Isn't it glorious? And isn't it exactly what many environmentalists desired?

The problem is that there is no feasible "alternative" fuel that can haul food from farms to cities, produce affordable electricity for your plasma TV and drive your kids to school. Not yet. It can happen, of course, but only (to pinch a word from enlightened grocery shoppers) organically.

The problem is that when "green" fantasies crash onto the shores of economic reality (as they did with corn-based ethanol), we all suffer.

Don't worry, though, congressional Democrats have a bold plan. Hold on for 10 or 15 years and they'll have a bounty of energy options. They promise. But no oil shale. No clean coal. No nuclear power. And definitely no more oil.

They will not enable your revolting, inefficient lifestyle. In the short-term, offshore drilling, especially, is a pie-in-the-sky fairy tale. Unlike, say, pond scum and hydrogen fuel packs.

On the bright side, it seems that reality is beginning to overtake fantasy. This week, Newt Gingrich's American Solutions for Winning the Future group delivered 1.3 million signatures to Congress, demanding that Washington allow more drilling. A recent Zogby International polls shows 74 percent of likely voters support offshore drilling in U.S. coastal waters, and 59 percent favor drilling for oil in the tundra of the Arctic National Wildlife Refuge.

There are few issues in America that offer this kind of impressive "unity." But apparently when unity doesn't align with left-wing orthodoxy, we need more "leadership" to explain why we're wrong.

Presumptive presidential nominee Barack Obama called offshore drilling a "gimmick." According to other Democrats, prices would not be affected for five years and oil companies probably would not use the leases anyway.

If oil giants won't dig, it surely can't hurt to allow leasing. Who knows? They may.

As for waiting? Well, rest assured an increase in domestic oil supply will involve a lot less waiting than the emergence of switchgrass as a viable alternative.

More importantly, oil is a traded commodity and, as everyone knows, the price can fluctuate for a number of reasons beyond supply.

Take President Bush's ceremonial lifting of the moratorium on offshore drilling this week. By happenstance, I guess, within the next three days the price of oil per barrel had fallen more than $15 — the largest such drop in five years.

So why can't Americans look forward to more domestic oil? Well, because carbon is bad for you. Because countless Democrats believe that high prices will help wean us off this terrible addiction.

For many, environmental concerns outweigh the economic well-being of citizens. For some, the migratory paths of caribou trump your selfish habit of heating and cooling your home.

No, drilling isn't "the answer." Yet, the potential positives from increasing domestic supply outweigh any concerns of the opposition. Certainly any they can talk about in public.

'Nuff said.

There's my two cents.

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