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Location: Pantego, Texas, United States

Thursday, August 14, 2008

There is a lot of misinformation about energy development in the US. For reasons that are unclear to me, the Democrats and some Republicans are intent on preventing the development of US energy resources. Energy is the major factor in the economy of the country, and to the secutity of the nation. The interesting thing abou energy to me is that the US has plenty of resources, but our politics will not allow them to be developed. That it takes 10 years to drill for oil and get it into production is an example. Brazil plans to get 100,000 barrels of oil from the Tupi field in a year from now: the field was discovered in 2007. We can't do that in the US, not for technical reasons, but for political reasons. Our laws allow litigation to stop development for nonsensical reasons. Other nations like China are developing coal powered and nuclear powered electrical generation stations at an unprecedented rate. But we remain frozen due to a sort of death-wish on the part of environmentalists and Demcrats. Here is an article about the energy situation:

http://reason.com/news/show/128096.html

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