Re: Joke's on us...

According to Ray, the high prices of today are due to increased demand
by China and India. When U.S. energy needs are dependent upon
conservation, alternative energy, and production, Ray would prefer to
just remain focused on conservation and alternative energy. The
production end of the equation is off limits.

Dems and High Oil Prices

For the past 31 years, Congress repeatedly prevented us from building
any new oil refineries that we now badly need.

More recently, congressional Democrats defeated and discouraged any
bill that would let us drill in the deep sea 100 miles out. However,
it's somehow OK for China to drill there.

As a further indictment of our Congress, since the 1980s it has
continually stopped all building of nuclear power plants while France,
Germany and, yes, Japan, plus 12 other major nations, did build plants
and now get 20% to 80% of their energy from their wise and safe
nuclear plant investments.

From 1990 to 2000, U.S. crude oil demand rapidly accelerated by 7.41
quadrillion BTUs, according to Department of Energy data. And our rate
of foreign oil dependency dramatically increased while our domestic
oil production steadily declined.

Under the eight Clinton years alone, U.S. oil production declined
1,349,000 barrels per day, or 19%, while our foreign imports increased
3,574,000 barrels per day, or 45%.

.

Relevant Pages