#1 " A New Obama Energy Plan: Sell Oil Reserves, Use Profits to Invest in Clean Tech "
04-29-2011, 10:21 PM
- Join Date
- Aug 2005
Presidents and politicians of all political affiliations have said for decades the U.S. must find an energy source that can serve as a viable alternative to crude oil imports from foreign nations -- a fair number of which aren't exactly gushing supporters of the red, white and blue.
That talk hasn't translated into much action, however. Now oil prices are up again, holding above $110 a barrel, which is sending gas prices higher and weighing on consumers. Finding a solution we can all agree on regarding America's energy future isn't going to be easy. Daniel Weiss, a senior fellow and director of climate strategy at the Center for American Progress, believes his group has the answer.
"There's a few things we have to do to fight the recent spike in oil prices," he tells Aaron in the accompanying clip. "First, we need to crack down on speculators -- make sure that they're not intentionally driving up prices in order to make a quick buck. Second, let's eliminate the $40 billion in subsidies [over 10 years] for big oil companies that are going to make overwhelming profits anyway." (See: Tax Breaks for Big Oil Make "No Fiscal, Moral or Political Sense" )Additionally, Weiss is pushing for more fuel-efficient cars, specifically vehicles that would get 60-plus miles per gallon by 2025. He's also advocating a limit, starting in 2013, on the amount of foreign oil the U.S. imports each year and reducing that total by 5% a year.
04-30-2011, 01:42 AM
- Join Date
- Apr 2011
- Lawrenceville, Georgia
I'm no economics expert but wouldn't reducing the supply of oil coming into the country increase gas prices?
04-30-2011, 02:22 AM
- Join Date
- May 2008
If this climate guru had a brain he would take it out an play with it cause he knows zip about the oil market. He should STFU. Reducing the amount of oil imported without added production would make prices go sky high.
04-30-2011, 03:13 AM
Here's a novel idea.
Build more refineries here and drill for the oil available in our own country.
This whole dependency on foreign oil is a direct result of the Liberals and their "green" policies.In Memory Of My Friend 1st Sgt. Tim Millsap A Co, 70th Eng. Bn. 3rd Bde 1st AD...K.I.A. 25 April 2005
Liberalism Is The Philosophy Of The Stupid
To Achieve Ordered Liberty You Must Have Moral Order As Well
The libs/dems of today are the Quislings of former years. The cowards who would vote a fraud into office in exchange for handouts from the devil.
04-30-2011, 11:33 AM
if he sells the reserve's what does our military run on ????Liberals: Obama's useful Idiots
04-30-2011, 11:53 AM
All part of the overall plan to reduce America's standing in the world to nothing, and get rid of all those bitter gun and bible clingers...wiping out our energy resources will go a long way toward accomplishing this.-
In actual dollars, President Obama’s $4.4 trillion in deficit spending in just three years is 37 percent higher than the previous record of $3.2 trillion (held by President George W. Bush) in deficit spending for an entire presidency. It’s no small feat to demolish an 8-year record in just 3 years.
Under Obama’s own projections, interest payments on the debt are on course to triple from 2010 (his first budgetary year) to 2018, climbing from $196 billion to $685 billion annually.
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