Monday, August 04, 2008
The above is the lead sentence in an article in The American magazine. At the World Petroleum Conference in Madrid, Spain, the leaders of OPEC in essence told American reporters, (paraphrased) "Quit telling us to produce more oil - get your own from your own shores." The big three talkers included the Algerian head of OPEC, Chakib Khelil, who told the press that there are bidding wars in Algeria (not in the US, home of the free market concept) and Americans should open the OCS.
The Petrobras (Brazilian oil company) CEO, Sergio Gabrielli, told the press to drill in the Gulf of Mexico. The Saudi Arabian oil minister Ali Al Naimi said, "The limits to future petroleum supplies have more to do with politics (in the US, it's the Democrats) than with geology and resource availability. ...The most promising acreage remaining in the U.S. is located offshore, most of which is off limits to the industry."
The obstructionist attitude of Democrat politicians is just phony rhetoric. These Democrats denounce the Saudis and OPEC; they complain about the price of gasoline and claim that $10 a gallon is OK; they rant about the evils of Big Oil while The Ego-bama talks about taxing only Big Oil but no other industries (like high-tech, Democrat Warren Buffet's funds, George Soros funds, etc.). Until the US opens its offshore waters to oil drilling, the world will continue to hate us - not for protecting them or removing thugs but hate us because we will be seen as the world's worst energy hypocrite.
A final point - for all the whining by the leftist Dems, their obtuse concept to "protect the planet" in reality hurts the little guy and their union base. This vague "save the world" mindset stifles innovation, ignores the safest oil drilling system on the planet. The Democrat impediments to increasing domestic oil production along with nuclear plants and mining of clean coal ship jobs overseas, jobs that could be in the U.S. Their behavior increases the federal deficit thereby penalizes our kids and grandkids. I hope Americans wake up in time to make the change in November that will provide more energy, better food, safer drilling, warmer homes, and jobs for all of us.
Who were these speakers? Only the leaders of the world 's oil producing nation.