Affordable energy is not a pipe dream

The high cost of energy can be solved by lifting government restrictions and giving incentives for oil companies to drill and refine. All the energy we need can be found at less than half the energy equivalent of the cost of a barrel of oil today. Free enterprise will remedy shortages and price spikes but when free enterprise is stymied by government economic and energy disasters like we see today are certain. Affordable energy is not a pipe dream unless we continue to let a minority with bazaar views strangle everyone else.

An Alaskan pipe dream?

My “Black Gold Stranglehold” co-author, Jerome Corsi, and I have been begging our leaders to open up the Arctic National Wildlife Reserve, or ANWR, which could be producing an additional million barrels of oil per day which, when refined, equals 27 million gallons of gasoline or diesel. Think of the impact that would have on current market conditions. And while it should have been done years ago, it is not too late.

Nothing would send a stronger signal to the energy markets that America is serious about exploration of future reserves than if we initiated a “Manhattan project”-style effort in obtaining domestic sources of oil. For far too long our country has been held in the grip of radical environmentalists who have been unable to grasp the idea that modern technological advances allow us to safely harvest oil in the most extreme locations.

Congress, especially a Democratically controlled Congress, tends to believe every solution is found in higher taxes. Those in Democratic leadership, including Hillary Clinton, are renewing their call for a “windfall profits tax” on big oil. Nothing will do more harm than higher taxes or government regulation on the current market conditions. If government wants to help than they should fast track legislation to open up our domestic sources of oil … now!

This will allow the breathing room necessary to pursue all other alternatives such as wind, solar, nuclear, bio-mass, ethanol, etc. And as technology increases and economies of scale kick in, prices will become competitive and in time supplement oil, coal and natural gas. We believe the future for reducing usage of traditional hydrocarbon sources of energy is very promising. But for now, let’s use what we have in abundance to meet the needs of millions of Americans.