From Crippled America:
In his 2015 State of the Union speech, President Obama declared the biggest threat on the planet today is climate change. The biggest threat?! We have ISIS troops chopping off the heads of innocent Christian missionaries. We have a coalition of adversaries in Syria supporting a dictator who uses chemical weapons on his own people. We have millions of Americans who have mortgages greater than the value of their property, while middle-class incomes are stagnant and more than 40 million citizens are living at poverty levels.
And our president is most concerned about climate change?
If you go back in history, you’ll find that the biggest tornadoes we’ve had in this country took place in the 1890s, and the most hurricanes occurred in the 1860s and ’70s. Violent climate “changes” are nothing new.
We have even had ice ages.
I just don’t happen to believe they are man-made.
I do agree that so-called global climate change is causing us some problems: It’s causing us to waste billions of dollars to develop technologies we don’t need to fulfill our energy needs.
President Obama introduced a program known as “cap and trade,” which sets a ceiling, or cap, on annual carbon dioxide emissions for companies. This would have forced them to reduce those emissions or pay a tax for the excess released above their cap. Because he could not get this legislation through the Congress, he has had his minions at the Environmental Protection Agency try to impose this plan through rule-making.
This plan has succeeded mostly in doing one thing — keeping oil at an inflated price. Even after oil has dropped to $50 a barrel, we still live with prices at the pump that are too high.
The truth is, we have sufficient energy supplies in this country to power us into the next century — all we have to do is develop them. Among all the gifts that God gave to America was an abundant supply of natural energy. According to the Department of Energy, the natural gas reserves we have in the ground could supply our energy needs for centuries.
For example, the Marcellus Shale Fields lying under New York, Pennsylvania, Ohio, and West Virginia could produce the equivalent of tens of billions of barrels of oil, giving us plenty of time to develop sensible and cheaper alternative forms of energy.
Right now, we are greatly dependent on oil. The cost of energy is one of the driving forces of our economy. Job creation is tied directly to the cost of oil. The more it costs to get it out of the ground and to the consumer, the fewer jobs that are created in all the industries that run on oil. We don’t even know how much oil is sitting buried under your feet as you read this book right now.
Researchers at Rice University in Houston, Texas, have estimated we might have two trillion barrels of recoverable oil, enough to last the next 285 years. Technology has changed so much in the last few years that a Goldman Sachs study has estimated that by 2017 or 2018, we could overtake both Saudi Arabia and Russia to become the world’s largest oil producer.
The oil is there for the taking; we just have to take it.
February 21, 2016