IBD and Conservatives 4 Palin have a very important article on the fool Biden and how Governor Palin could not be more correct on US energy needs and reserves. This is the most significant security issue facing America and demonstrates why the left is so dangerous and anti-American.
Leadership: As Palin jousts with Biden on energy independence, the government reports that we lead the world in energy reserves. From oil to gas to coal, we are sitting on prosperity. So why are we importing anything?
Leadership: As Palin jousts with Biden on energy independence, the government reports that we lead the world in energy reserves. From oil to gas to coal, we are sitting on prosperity. So why are we importing anything?
One of the interesting sidelights of the NY-23 race was an exchange on energy independence between Vice President Joe Biden and the former governor of energy-rich Alaska, Sarah Palin. Biden, who came in to campaign for Democrat Bill Owens, was reminded of the issue of energy.
"The fact of the matter is that Sarah Palin thinks the answer to energy was 'Drill, baby, drill,'" Biden said at an Owens fundraiser, referring to Palin's own campaign slogan last year. "No, it's a lot more complicated, Sarah, than 'Drill, baby, drill.'"
Actually, it's not, according to a new report produced by the Congressional Research Service, hardly an outpost of the vast right-wing conspiracy or on the payroll of Big Oil. The report says that if all our energy resources are added up and converted to a barrels of oil equivalent (BOE), the U.S. has the largest reserves in the world.
According to the CRS, the U.S. has 1,321 billion barrels of oil (or barrels of oil equivalent for other sources of energy) if you combine its recoverable natural gas, oil and coal reserves. Russia is close behind with 1,248 billion barrels BOE. Other energy-producing nations, including many that export oil to the U.S., lag behind.
[...]
Memo to Veep: We are dependent on fossil fuel energy and will be for some time. The folks at Peabody Energy say replacing coal would require 2,400 times more solar generation, 40 times more wind power, 250 new nuclear plants, almost double the U.S. production of natural gas, 500 hydro plants the size of the Hoover Dam or halving electricity consumption.
"Our overwhelming coal, natural gas and oil resources represent tens of trillions of dollars in wealth and millions of American jobs," said Sen. James Inhofe, R.-Okla., who released the CRS data.
Full Article At:
