Charles Krauthammer: No-Drill Policy Actually Harms Environment
August 4, 2008
In an argument that has yet to be adequately explored, Charles Krauthammer makes a convincing case that the U. S. “No-Drill Policy Actually Harms Environment.”
Charles Krauthammer: No-Drill Policy Actually Harms Environment
By CHARLES KRAUTHAMMER Thursday, July 31, 2008 4:30 PM PT
House Speaker Nancy Pelosi opposes lifting the moratorium on drilling in the Arctic National Wildlife Refuge and on the Outer Continental Shelf. She won't even allow it to come to a vote.
With $4 gas having massively shifted public opinion in favor of domestic production, she wants to protect her Democratic members from having to cast an anti-drilling election-year vote.
Moreover, given the public mood, she might even lose. This cannot be permitted. Why? Because as she explained to Politico: "I'm trying to save the planet; I'm trying to save the planet."
A lovely sentiment. But has Pelosi actually thought through the moratorium's actual effects on the planet?
Consider: 25 years ago, nearly 60% of U.S. petroleum was produced domestically. Today it's 25%. From its peak in 1970, U.S. production has declined a staggering 47%. The world consumes 86 million barrels a day; the United States, roughly 20 million. We need the stuff to run our cars and planes and economy. Where does it come from?
Places like Nigeria, where chronic corruption, environmental neglect and resulting unrest and instability lead to pipeline explosions, oil spills and illegal siphoning by the poverty-stricken population — which leads to more spills and explosions.
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