Are you tired of paying $3.60/gal for gasoline? Then you are in luck. Pretty soon you will be paying $4.00/gal. But don’t you worry, Congress is on the job, and has determined the solution is to mandate that 7.5 billion gallons of Ethanol be added to the nation’s fuel supply by 1012, and that starts with “E” and that rhymes with “c” and that stands for corn. So in addition to $4.00/gal gas, you will be paying $8.00 for cereal and $4.00 for bread as farmers plant more corn instead of wheat. Isn’t government wonderful?
Here is the lesson to be learned. Whenever government interferes in free markets, chaos ensues. Now, everybody agrees that some regulation is needed to prevent abuses and fluctuations in free markets, such as banking regulations. But when it involves social engineering resulting from a vocal bunch of whackos who can holler louder than anyone else, stuff happens. Make no mistake about it, environmentalism is not only social engineering, it has become a religion. And for some reason, all of these rules and regs only apply to the United States.
We are the laughing stock of the world as we slowly strangle our economy with environmental regulations that are not only over the top, but off the charts entirely. The surprise isn’t that energy prices are so high, it’s that they aren’t higher. And folks, they are going to the stratosphere unless this country comes to its senses.
Clinton, Obama, and McCain can point their fingers at the oil company “windfall” profits all they want. At the end of the day, they are operating at an 8% profit margin, which is the generally accepted profit margin for most American companies. All of the energy companies have done a miraculous job in provided somewhat reasonably priced energy in the face of regulations that should have put them out of business, and will put us out of business unless they are changed.
Is there anywhere in the United States you can drill for oil either on or offshore? The Chinese are drilling for oil at the limits of Cuba’s territorial waters…taking our oil. Bill Clinton vetoed a regulated plan to allow for drilling in ANWAR 10 years ago saying that it would take 10 years for it to come online and was therefore unnecessary. Well, 10 years is up, and wouldn’t it be nice if it were coming on line now. So much for strategic planning.
Ted Kennedy sued to prevent the establishment of a wind energy farm off the coast of Cape Cod because it would ruin his view. And Al Gore, Mr. Global Warming, is making a fortune trading so called “carbon credits” notwithstanding the reality that more of the earth’s oceans are covered in ice than has been evidenced in the last 50 years and the mean temperature of the earth is actually going down. You think what Enron did was bad? Carbon credits are a fiction on pieces of paper, and you are footing the bill. This is snake oil, folks!! Wake Up America!!!!
When was the last time we built a nuclear power plant? When was the last time we built a refinery? When was the last time we built a hydroelectric dam? Now the whackos are out to stop solar energy farms and wind power farms. To make things worse, we are using food for fuel, which is downright immoral.
When the rest of you are ready to shout “uncle”, let me know. Until then…happy $200.00/barrel oil.
Here is the lesson to be learned. Whenever government interferes in free markets, chaos ensues. Now, everybody agrees that some regulation is needed to prevent abuses and fluctuations in free markets, such as banking regulations. But when it involves social engineering resulting from a vocal bunch of whackos who can holler louder than anyone else, stuff happens. Make no mistake about it, environmentalism is not only social engineering, it has become a religion. And for some reason, all of these rules and regs only apply to the United States.
We are the laughing stock of the world as we slowly strangle our economy with environmental regulations that are not only over the top, but off the charts entirely. The surprise isn’t that energy prices are so high, it’s that they aren’t higher. And folks, they are going to the stratosphere unless this country comes to its senses.
Clinton, Obama, and McCain can point their fingers at the oil company “windfall” profits all they want. At the end of the day, they are operating at an 8% profit margin, which is the generally accepted profit margin for most American companies. All of the energy companies have done a miraculous job in provided somewhat reasonably priced energy in the face of regulations that should have put them out of business, and will put us out of business unless they are changed.
Is there anywhere in the United States you can drill for oil either on or offshore? The Chinese are drilling for oil at the limits of Cuba’s territorial waters…taking our oil. Bill Clinton vetoed a regulated plan to allow for drilling in ANWAR 10 years ago saying that it would take 10 years for it to come online and was therefore unnecessary. Well, 10 years is up, and wouldn’t it be nice if it were coming on line now. So much for strategic planning.
Ted Kennedy sued to prevent the establishment of a wind energy farm off the coast of Cape Cod because it would ruin his view. And Al Gore, Mr. Global Warming, is making a fortune trading so called “carbon credits” notwithstanding the reality that more of the earth’s oceans are covered in ice than has been evidenced in the last 50 years and the mean temperature of the earth is actually going down. You think what Enron did was bad? Carbon credits are a fiction on pieces of paper, and you are footing the bill. This is snake oil, folks!! Wake Up America!!!!
When was the last time we built a nuclear power plant? When was the last time we built a refinery? When was the last time we built a hydroelectric dam? Now the whackos are out to stop solar energy farms and wind power farms. To make things worse, we are using food for fuel, which is downright immoral.
When the rest of you are ready to shout “uncle”, let me know. Until then…happy $200.00/barrel oil.
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