According to various news stories today, Barack Obama is giving a green light to reinstating or retaining off shore oil leases in Alaska and the Gulf and removing restrictions on a few other areas. While the GOP is applauding this, most say it doesn't go far enough. It is speculated that the Democrats in Congress will oppose it.
http://www.huffingtonpost.com/2011/...?icid=main|htmlws-main-w|dl1|sec1_lnk3|213266
What do you think we should be shooting for given the high price of fuel, strong inflationary trends on food and other necessities, and growing independence on foreign oil?
Just off the top of my head:
1) Remove all unnecessary federal regulations on refinery construction.
2) Remove all federal restrictions on oil and gas production.
3) Push for a uniform gasoline formulation nationwide so that refineries don't have to close down to retool for a different formula for different markets.
4) Remove all requirements for use of ethanol and other bio additives in fuels.
5) Remove all subsidies and reduce taxes for all commerce and industry and allow the free market to work.
6) Put iron clad strongly punative fines and penalities in place for unacceptable environmental damage and turn energy producing industries loose.
http://www.huffingtonpost.com/2011/...?icid=main|htmlws-main-w|dl1|sec1_lnk3|213266
What do you think we should be shooting for given the high price of fuel, strong inflationary trends on food and other necessities, and growing independence on foreign oil?
Just off the top of my head:
1) Remove all unnecessary federal regulations on refinery construction.
2) Remove all federal restrictions on oil and gas production.
3) Push for a uniform gasoline formulation nationwide so that refineries don't have to close down to retool for a different formula for different markets.
4) Remove all requirements for use of ethanol and other bio additives in fuels.
5) Remove all subsidies and reduce taxes for all commerce and industry and allow the free market to work.
6) Put iron clad strongly punative fines and penalities in place for unacceptable environmental damage and turn energy producing industries loose.
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