Newt Gingrich just sent out a piece in which he spoke of the real reason for our high energy prices. It's our No We Can't Congress and their refusal to allow environmentally sound production of US energy. One economist says that's equivalent to a $150 Billion tax increase on the American economy from higher energy prices.
Last week the Appropriations committee voted to block development of oil shale in Colorado. There are estimates of 1 trillion barrels of oil trapped in shale in US and Canada. But instead of voting to allow environmentally sound development of those reserves, they decided instead to sue OPEC for high oil prices! Yeah,that's going to really lower energy prices!
Boy, shades of Jimmy Carter and the '73 oil crisis! Combine the impotent, beholden-to-the-loony-left No We Can't Congress with Barack's defeatist weak attitude that we need to give up our SUVs and eat less in order to appease other countries, and you have a recipe for more slogan driven, worthless plans that will only serve to emasculate America.
No, the real way to lower energy costs in America is to have our own oil supplies. By doing more environmentally sound drilling, by building more refineries, to Drill here, Drill now, Pay Less
I'm telling you, it's just as important who we elect to Congress this fall as it is who we elect President. We need some good fiscal conservatives running the place, or at least running interferance against the No We Can't Congress we now have!
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