Letter: Solving our energy problems
The Obama administration has been fixated on creating "green jobs." So much so, that they have overlooked the need for oil and gas exploration. In my opinion, this is going to be one of Obama's greatest shortcomings. It's no secret that the Obama administration is biased against "Big Oil," for example, the Exxons and the Chevrons.
However, promoting domestic drilling is only common sense. Contrary to popular wisdom, the United States still has huge oil and natural gas reserves. According to a recent U.S. Geological Survey, the outer continental shelf may contain four times as much oil and gas as today's "proven" U.S. reserves. The same survey estimated that the Bakken Formation, in North Dakota and Montana, may hold 3.65 billion barrels of crude oil, which is nearly 22 times more than an earlier estimate in 1995. In addition, there's an estimated two trillion barrels of oil shale, concentrated mainly in Colorado. If only 800 billion barrels were recoverable, that's more than three times as much as there is in all of Saudi Arabia's proven oil reserves. Who says we're running out of oil?
The Obama administration has been concentrating on producing electrical energy, in which wind and solar are big players. In a speech President Obama made on Earth Day at an Iowa factory that manufactures wind turbines, he implied that we have a choice between promoting renewable energy and relying on oil. In reality, the two are disconnected. About 70 percent of our oil goes to power our transportation industry (planes, ships, cars and trucks) while 0.5 percent goes toward generating electricity.
In his Iowa speech, Obama said, and I quote: "It's time for us to (begin) a new era of energy exploration in America," he said. "We can remain the world's leading importer of oil, or we can become the world's leading exporter of clean energy." That was not an accurate statement. We need oil a lot more than we are willing to admit. It's time to take the environmentalists to task. We need common-sense solutions, instead of emotional solutions, to solve our energy problems!