Monday, February 9, 2009

Sarah Palin is Right About Drilling in the ANWR

by Janet Crain

How much longer are we going to keep shooting ourselves in the foot? In both feet? In the midst of the worst economic crisis in decades with no promise of relief in sight, our leaders are imposing severe hardships by cap and trade legislation, new automobile emissions and fuel standards, higher taxes on coal production and refusal to tap into the richest resource available.

I consider this an emergency and in an emergency ou do whatever it takes to survive. If you want to win a race you don't encumber yourself with shackles and weights and restrict fluids or deny them all together. Because if you were so insane as to do this, you would not only lose the race, you would most likely die.

Read what George Will has to say on this insanity:

Iowa's caucuses, a source of so much turbulence, might even have helped cause the recent demonstration by 10,000 Indonesians in Jakarta. Savor the multiplying irrationalities of the government-driven mania for ethanol and other biofuels, and energy policy generally.

Indonesians, like most Asians, love soybeans, the world price of which has risen 50 percent in a month and 125 percent in a year, partly because of increasing world population and incomes, but also because many farmers have switched land from soybeans to crops that can be turned into biofuels. In 2005, America used 15 percent of its corn crop to supplant less than 2 percent of its gasoline use. In 2007, the government-contrived U.S. demand for ethanol was more than half the global increase in demand. The political importance of corn-growing, ethanol-making Iowa is one reason that biofuel mandates flow from Washington the way oil would flow from the Arctic National Wildlife Refuge if it had nominating caucuses.

ANWR's 10.4 billion barrels of oil have become hostage to the planet's saviors (e.g., John McCain, Hillary Clinton, Barack Obama), who block drilling in even a tiny patch of ANWR. You could fit Massachusetts, New Jersey, Rhode Island, Connecticut and Delaware into ANWR's frozen desolation; the "footprint" of the drilling operation would be one sixth the size of Washington's Dulles airport.

Clinton has an alternative to drilling: Oil should be released from the Strategic Petroleum Reserve—which exists to protect the nation against major interruptions of supply—as "a signal to the market." A signal of what? Readiness to release more? All 698 million barrels? Then what?

Americans can still drill for … water. Water rights (T. Boone Pickens has bought 400,000 acres of them in the Texas Panhandle) are becoming more valuable as ethanol production, which is extremely water-intensive, puts pressure on supplies.

To avoid drilling for oil in ANWR's moonscape, the planet savers evidently prefer destroying forests, even though they absorb greenhouse gases. Will ethanol prevent more carbon-dioxide emissions than would have been absorbed by the trees cut down to clear land for the production of crops for ethanol? Be that as it may, governments mandating the use of biofuels are one reason for the global rise in food prices, which is driving demand for more arable land. That demand is driving the destruction of forests—and animal habitats. In Indonesia alone, 44 million acres have been razed to make way for production of palm oil.

Cont. here:

http://www.newsweek.com/id/107575

© Janet Crain

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1 comment:

keyboard.jockey said...

Kinky makes many good points this morning.

Kinky Freidman thinks the bail out of the banks is creating a rising tide of angry populism. Unintended Consequences?

http://youhavetobethistalltogoonthisride.blogspot.com/2009/02/kinky-freidman-handicapable-lion-tamer.html