hypocritexposer
Well-known member
Russia Could Push U.S. Toward An Energy Policy
I recently had lunch with a top U.S Department of Energy executive. He’s “in charge” of half the world - mostly the half that exports oil. This very charming individual was unable to define what the present U.S. energy policy is.
I suppose he understands, but cannot admit publicly, that our policy under the present nitwit administration is to give oil companies and oil supply companies, e.g. Halliburton, everything they want - tax breaks, drilling rights, lack of oversight - and to give the 44 farm-state senators a mandate for turning corn into ethanol, which produces little if any net new energy. In other words, our policy is to maintain our dependence on the internal combustion engine.
Voters - as we know because all the candidates are talking energy- clearly see the cost of oil dependence and want a new direction and a truly useful energy policy. But it’s been hard to be optimistic that we will get one because the executive branch is controlled by the oil industry and the legislative branch is so gridlocked and clueless that they have so far only come up with such harebrained schemes as suing OPEC or drilling for oil off the OCS or in ANWR or providing huge mandates and subsidies for ethanol. These may be “get re-elected” policies, but they do not solve our oil dependency.
Read the whole article @
http://www.energyinvestmentstrategies.com/2008/08/16/russia-could-push-us-toward-an-energy-policy/