Release of Strategic Petroleum Reserves
This week President Obama announced that he will be releasing 30 million barrels of oil from the Strategic Petroleum Reserve. This reserve was created after the oil embargo of the 1970’s and is meant to be used in the event of a national emergency or catastrophe. The reserve was not intended for a president to dip into in a desperate attempt to lower gas prices simply because he has no real plan for lowering prices at the pump over the long term. This action was misguided and was intended to hide the fact that we have spent years ignoring America’s energy resources. Instead of tapping into the Strategic Petroleum Reserve we must take immediate action to develop North American resources through offshore exploration in the Gulf of Mexico and Alaska, expediting the permitting process for drilling in the continental U.S., and expedite a decision on the Keystone Pipeline project. Doing this will decrease prices at the pump in the long term and make our nation more energy independent and secure.

1 comment:
Someone needs to dig up quotes of our "wiser than thou" politicans from the late 1990's or early 2000's arguing against energy exploration and development: "....ANWAR is not the solution, it will take over 10 years before it's in production".
How many of them are still in office?
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