Saturday, June 26, 2010

Cap and Trade Follies

Section 404 of the Clean Water Act--the provision that ostensibly empowers the EPA to regulate wetlands--should be repealed. It takes otherwise inoffensive uses of private property for a public purpose and provides disincentives for wetland conservation.
First Earth Day Poster 1970 - Pogo by Walt Kelly

Because environmentalists push for tougher drilling regulations onshore in places like the Arctic National Wildlife Refuge (also known as ANWR) it forces oil companies to explore deeper offshore drilling which has more risks.

Sarah Palin said recently, "With [environmentalists'] nonsensical efforts to lock up safer drilling areas, all you're doing is outsourcing energy development, which makes us more controlled by foreign countries, less safe, and less prosperous on a dirtier planet. Your hypocrisy is showing. You're not preventing environmental hazards; you're outsourcing them and making drilling more dangerous.

Extreme deep water drilling is not the preferred choice to meet our country's energy needs, but your protests and lawsuits and lies about onshore and shallow water drilling have locked up safer areas. It's catching up with you. The tragic, unprecedented deep water Gulf oil spill proves it."

Get ready for the Obama Cap and Trade Bill coming down the pike in your town as fast as you can say, "Deepwater Horizon Off-Shore Drilling Rig Oil Spill Disaster."
Since oil exploration is a freely traded commodity, Obama feels that it is wrong for other countries to be contracting oil drilling in the United States fields and shipping that petroleum overseas to other countries. So, a further twist to Obama's plan is to confiscate and nationalize all our of oil resources to prevent this from happening. (That will never happen though. Why, that would be like regulating all the wetlands under the EPA to control energy output.) Hmnn, maybe that can happen too? LOL!

Hugo Chavez, where are you? Obama needs an Oil Field Energy Czar to run our new Nationalized Oil Resources Ministry.

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