-
Night Twister Blogs here too
-
Get Clicky
Jun
24
You Won’t Drill? It’s Gonna Cost Ya…
June 24, 2008 | Tagged barack obama, drilling, Energy, oil |
Barack Obama gave a speech in Las Vegas today entitled “A Serious Energy Policy for Our Future”. In the speech he talks about how the government has wasted effort in new technology and how it’s not being used by oil companies. He blames previous administrations and legislatures for $4 per gallon gasoline. What stood out in the speech, however, was this quote:
And before we hand over more of our land and our coastline to oil companies, I will charge those companies a fee for every acre that they currently lease but don’t drill on. If that compels them to drill, we’ll get more oil. If it doesn’t, the fees will go toward more investment in renewable sources of energy.
H/T to SIT for telling me about the quote.
I think this is a fine idea. All Obama has to do now is guarantee that oil will be found on every acre of land that they lease. Read the last sentence above. If they drill, we’ll get more oil. That sounds exactly like a guarantee to me.
I’m sure the oil companies are looking forward to this from Obama’s government. Taking away all that risk will surely make those profits go right through the roof!
Comments
-
Rocky Mountain Alliance v2.0
-
Colorado Political Campaigns
Night Twister's Ramblings- Live-blogging the Vice Presidential Debate
- Disdain, thy name is Democrat
- Night Twister’s Son Handicaps the Debate
- Franklin Roosevelt, Stock Market, and Television
- It’s Time For the “Do Nothing” Congress to Do Nothing
- Ever Wonder How Most Criminals Are Caught?
- The Vetting of Republican Vice Presidential Candidate Sarah Palin
- Colorado Dems Lose Battle for Oil, Go after McCain on Water
- John McCain Was Very Presidential Today.
- Matt Fries for Colorado State Senate (CO-14)
Powered by FireStats