Ending Our Oil Addiction: Reality Check by Raymond Kraft
The Bear on Jul 05 2008 at 6:20 am | Filed under: Energy Policy
I have before me a nice letter from California Sen. Barbara Boxer, in which she extols her sponsorship of S.3044, a bill to impose “windfall profits taxes” on Big Oil. She writes, “At a time when so many Americans are struggling to make ends meet and having to make the impossible choice between buying food for their families and filling up their gas tank, I am deeply disturbed that some of my colleagues [Republicans] prevented this important bill from moving forward.”
“Windfall profits taxes” would, of course, do nothing to increase supply, or bring down the price of gas or the price of food, which have been driven up by the Democrats’ own policies of opposing oil production in America, and turning food into fuel, thereby driving up the cost of both. The solution Democrats and Environmentalists propose for rising fuel prices is, as we all know, “biofuels,” “sustainable fuels,” the Holy Grail of the Greens. Yesterday, I heard Speaker of the House, Nancy Pelosi, once more call for “ending our oil addiction.” But if we look a little closer, it soon becomes apparent that the Democrats and Greens cannot possibly have worked out the logistics of ending ouroil addiction, which are mind-boggling indeed.
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If enough Americans everwake up and sees how far they’ve been sold down the river by the “environmental protection” policies the Democrats and Greens have locked us into, and the fantastical chimera of “biofuels” they’re running after, the Dems are gonna get tarred and feathered and ridden out of town on a rail.
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