Posts Tagged ‘oil’

Just a quick posted article written today for your consideration.  Here is a quote to whet your appetite considering that oil is over $80 per barrel today and the Federal debt ceiling is over $14,000,000,000,000 (that’s $14 trillion) as of now and “projected” to increase to over $18 trillion in four years (compared to $900,000,000,000=$900 billion twenty years ago):

Oil could fall as low as the $40 handle before we see a bottom and the prices to work higher once again. The big question is when. While we have been living off printed money for close to a year…the day is coming when the party will finally come to an end.

http://www.insidefutures.com/article/138222/Oil%20Held%20hostage%20Day%20353.html

Considering that the current administration has raised the debt ceiling from $12 trillion to over $14 trillion between December 2009 and February 2010 (two short months!), I suspect that “projected” increase to over $18 trillion by 2014 is most likely the only application of “conservatism” the Obama administration is currently practicing!

As the quote in the article stated at the end: “While we have been living off printed money for close to a year…the day is coming when the party will finally come to an end.”

Here is a link to an article with pie charts and graphs to prove without a doubt that we could be energy independent from the world if we so choose:

http://www.humanevents.com/article.php?id=34233

My real concern is two-fold:

If we allow the tree huggers to continue to have their way, we will never be able to be free from the rest of the world’s choke hold on this country and,

If we keep ’spending our way out of debt’ at the current pace, other countries (most notably China) will one day own this country and do you think they will hesitate to tap into these natural resources we possess?

Add to this a wonderful article from eaglesview.org:

http://eagleviews.org/2009/11/09/facts-about-us-energy/

Come on America!  Wake up!!

Just out is this telling article with charts revealing how rich we as a country are in minerals;  Specifically coal and oil.  But, can we get to it?  Heck no, not as far as the tree huggers are concerned!  Take a look:

http://www.humanevents.com/article.php?id=34233

When we are faced with renegade third world countries that are constantly holding us hostage to the need for cheap energy, why are we allowing this?  It is another example of letting our “feelings” get in the way of common sense.

Drill here, Drill now and tell the rest of the world and all the environ’mental’ wackos to take a flying leap!

I want my country back!!