Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Sunday, August 19, 2012

The Voice of Reason: Headlines We'll See if Obama is Reelected

If you're a news junkie like I am, you read newspapers, watch television, listen to radio and browse the internet trying to keep up with what's going on in our country and the world.
 
During the past three and a half years, we've seen thousands of headlines in the newspaper about the current administration.  But I wonder, what would the headlines in American newspapers be like if President Obama is given another four years?   Here are a few headlines I strongly believe we'll see,  given the radical political views of our current President and the current direction of our country:
  • EPA Orders All Remaining Coal Plants to Close

  • Unemployment Tops 8% for 60th Straight Month

  • National Debt Increases to $22 Trillion

  • Unemployment Tops 10% for 10th Straight Month

  • Unemployment for Blacks Tops 30%

  • More Americans Now on Disability, Unemployment than Working

  • Average American Sees 75% Increase in Electricity

  • Power Grid at Breaking Point:  Not Enough Power Plants to Power America

  • Half of America Dark During Week-long Blackout

  • Americans Turn Violent without Jobs, Power

  • EPA Turns Attention to Natural Gas, Oil

  • Americans Paying $8.25 for Gasoline; Prices Headed Higher

  • Obamacare Produces Three Month Wait for Office Visit

  • President, Congress Raise Taxes on All Americans to Pay for Programs

  • Millions Take to Streets to Protest President's Policies

  • Standard of Living for Americans Lowest Since Great Depression

The sad part is that not even one of these headlines is out of the realm of possibility.  In fact, given the direction this country is headed and our President's policies, I believe that the vast majority of these headlines have a high probability of being seen in our newspapers in the coming four years.

Do I see the unemployment rate remaining above 8%?  Yes. Do I see the unemployment rate heading above even 10%. Yes, I do, especially if the President continues his anti-business, anti-growth policies, which he'll do if he's reelected.

Do I truly see coal being phased out as an energy source?  Absolutely. Millions of Americas employed by coal directly and indirectly will be out of jobs.

Do I foresee America's power grid in grave danger?  Yes, I do.  With so many coal plants being shut down and even tougher EPA regulations on the drawing board -- with politics now driving America's energy policy -- our nation's reliable supply of electricity is at risk.

Do I see the EPA turning its attention to natural gas and oil after it has destroyed coal?  Absolutely.  The Obama Administration is against all fossil fuels that are extracted from the earth.  The Obama Administration wouldn't even approve the Keystone Pipeline, which would have provided millions of barrels of oil from our neighbor to the north, Canada.

Do I see gasoline at over $8 a gallon?  Any conflict in the Middle East, coupled with our President's "head in the sand" energy policy, could cause gas prices to top $10 a gallon.

Do I think that the President and Congress will raise taxes on all working Americans to fund their social programs?  Absolutely.  Raising taxes on only the wealthiest Americans won't raise enough revenue.  The math just doesn't add up.

Do I see mass protests and a standard of living for Americans close to what we faced during the Great Depression?  Without a doubt.  We are heading towards a financial cliff with soaring debt, economic stagnation and millions more on various government programs.  Again, the math just doesn't add up.

Some may think I'm being an alarmist.  I happen to think that I'm being a realist.  Knowing that he won't have to run again, our President will be free to do what he wants in a second term, which will result in an expansion of the policies he enacted in his first term.

We have a choice this election, and I believe that choice is crystal clear.

 

 

Tuesday, July 3, 2012

The Voice of Reason: A Preview of Obama's Second Term -- Long Gas Lines, Extended Power Outages?

The storm that hit the East Coast on June 29 has resulted in millions of Americans experiencing lengthy power outages and waiting in line for two hours or more just to buy a few gallons of gas.

I am one of those Americans.

While sitting in my house for several days without any air conditioning, with outside temperatures approaching 100 degrees fahrenheit, a thought suddenly appeared in my head. 

This, my fellow Americans, may be a preview of Barack Obama's second term.

Do you think I'm crazy?  Surely, it's unrealistic to think that a second term by our current President would result in extended power outages and lengthy gas lines, isn't it?  Well, let's take a look at the facts.

It's clear to any American who reads the newspaper or watches the television that our current President absoutely hates fossil fuels, including oil and coal. 

My blog of June 23 outlined his war on coal, illustrating how the EPA is deciding what policy it wants to change and then trying to find any scientific study to support it, and how the EPA's new mercury regulations will have little if any impact on human health but will essentially kill the building of any new coal-fired power plants.  According to the experts, what will be the impact of these regulations?

According to the North American Electric Reliability Corporation, EPA regulations will cause the premature retirement of up to 36 gigawatts of coal-fired generation, stressing the country's power grid and placing electric reliability at risk.  http://www.kleanindustries.com/s/environmental_market_Industry_news.asp?ReportID=494299
http://www.nerc.com/files/2011LTRA_Final.pdf

Putting this in layman's terms, the NERC report says that our nation risks lengthy power outages because the country will not have enough power stations to meet the needs of consumers.

Outages due to power capacity issues do not occur on mild days when you don't need heat or air conditioning.  These outages occur on the bone-shivering winter days and sweltering summer days -- the days when you can least afford to go without power.  If the electric grid were to go down due to capacity issues, we risk having power outages across much of the country lasting days or even weeks. The week-long outages faced by millions of Americans this week may turn out to be a practice run for even longer outages in the years to come.

Now let's take a look at oil and gasoline.

The EPA's new Tier 3 rule demands that oil refineries reduce gasoline sulfur levels although the science suggests that the rule will produce little if any additional benefits to human health.  Even more ludicrous is that the EPA is fining refineries for not blending cellulosic biofuel into gasoline and diesel fuel.  The only problem is that cellulosic biofuel isn't commercially available.  Of course, the cost of these fines and increased regulations will simply be passed on to U.S. consumers, or if regulations become too onerous, refineries will simply move to other countries, further increasing the cost of gasolina and reducing our supply.
http://cnsnews.com/node/549162


Couple these new refinery regulations with the Obama Administration's opposition to the Keystone Pipeline, as well as its opposition to drilling on public lands, in the Gulf of Mexico and off our shores, and we have significant pressure against increasing our domestic supply of oil, with similar pressure against refining oil domestically to produce gasoline in the most cost-effective manner.

In short, we face gasoline shortages and increased prices tomorrow because of the Obama Administration's policies of today.

If you are currently still without power like millions of Americans, you know what it's like to spend an entire day trying to find supplies of water, batteries and gasoline, or standing in line for an hour at the one restaurant in the area that's open and has power.  You know what it's like to take a cold shower, only to begin sweating profusely minutes later when you walk into your 85-degree living room. You know what it's like to not have a phone that works because the landlines and cellphone towers are all down.  You know what it's like to see your entire street pitch dark, knowing that all of your neighbors are in the same straits as you and your family.  And you know what it's like to do this for days on end.

Sadly, I have a feeling that those of us who have suffered this week will be joined by millions of other Americans in the coming years for even longer outages and gas lines -- if our current President is reelected and our out-of-control EPA continues its overregulation.