We are Sitting on an Ocean of Energy and Doing Nothing About It.

[Cutter]

"At this point in time, is there another country on the face of the earth that would possess the oil and gas reserves held by the United States and refuse to exploit them? Only technical incompetence, as in Mexico, would hold anyone back.

But not us. We won't drill.

California won't drill for the estimated 1.3 billion barrels of recoverable oil off its coast because of bad memories of the Santa Barbara oil spill - in 1969.

We won't drill for the estimated 5.6 billion to 16 billion barrels of oil in the moonscape known as the Arctic National Wildlife Refuge (ANWR) because of - the caribou."

Full story here:
http://www.realclearpolitics.com/articles/2008/06/sitting_on_an_ocean_of_energy.html

 

[billwald]

All of which would be sold at market price. better to burn the Arab's oil first.

 

[donnA]

A related article
http://news.yahoo.com/s/ap/20080618/ap_on_go_pr_wh/offshore_oil

 

[just-want-peace]

All of which would be sold at market price. better to burn the Arab's oil first.

All well and good 'cept, burning Arab's oil first is keeping their coffers supplied with the where-with-all to wage war on the free world!

Not very smart IMNSHO!:tonofbricks: