SEARCH BLOG: ENERGY POLICY
Yesterday, I happen to watch CSPAN as Rep. John Peterson from Pennsylvania was giving a presentation concerning the coming energy crisis.
This was the last item of business for the House of Representatives and Mr. Peterson was speaking for the record since virtually all of the other representatives had left for the traditional 3-day weekend.
From what I could see, Mr. Peterson may have had a few slides that were previously shown, but these pictures taken of my TV screen give a pretty good idea of what he was saying. You can click on any image to see a much larger and clearer picture.
He was listing the shortcomings of the present energy bill before Congress:
- Prevents access to 9 trillion cubic feet of natural gas in the U.S.
- Prevents access to 18% of onshore natural gas in the U.S.
- Prevents access to 2 trillion barrels of shale oil in the U.S. [Mr. Peterson noted that the Canadians were extracting 1-2 million barrels daily from tar sands using technology that would be similar for extracting oil from shale]
- Prevents access to 10 billion barrels of oil from the National Petroleum Reserve in Alaska
- Attempts to breach existing, legal offshore energy contracts
- Increases taxes by $15 billion on energy companies [which get passed along in the price of energy products purchased by business and consumers in the U.S.]
- Ignores proven coal-to-gas technology which has been proven since WWII
- Raising expectations that 15% of U.S. energy needs can be produced from renewable resources
While wind farms may sound wonderful, the reality is that with the U.S. population growing by millions each year [joining the millions who sneak into the country], we cannot afford to place our future in the hands of "if-come" technology... not when proven techonology and proven resources are awaiting our use.