Governor Palin Says President Obama is “Scary Wrong” on Oil

Earlier tonight, Governor Palin tweeted a link to an Investors’ Business Daily article highlighting how Americans overwhelmingly support drilling in ANWR and off shore in addition to tapping into shale reserves in the West:

Obama’s so wrong on energy/scary wrong on oil;AK alone w/billions bbls & trillions cu ft of nat gas.(Other states, too)

“Scary wrong” is indeed the way to characterize the Obama administration’s energy policy. On Friday, CNSNews spoke with Interior Secretary Ken Salazar to ask him why the administration wasn’t considering drilling in the Arctic with gas prices so high:

Yep, you heard that right. Using the logic of Vice President “We have to spend money to keep from going bankrupt” Biden, Salazar said that we should not drill in the Arctic because it won’t make us energy independent, as if inaction will make us energy independent. The only action the Obama administration is willing to take is to discuss tapping into our Strategic Petroleum Reserves.

On Saturday, I wrote that Senate Democrats were urging the Obama administration to tap into these reserves, but at the time, the administration felt that this was a short sighted option. What a difference a day makes, as on Sunday, White House Chief of Staff William M, Daley said that this was a measure that the Obama administration was now considering. As I referenced in my post on Saturday, a few sentences from Governor Palin’s RNC speech ring especially as true today as they did a two and a half years ago:

When a hurricane strikes in the Gulf of Mexico, this country should not be so dependent on imported oil that we are forced to draw from our Strategic Petroleum Reserve.

Our opponents say, again and again, that drilling will not solve all of America’s energy problems — as if we all didn’t know that already.

But the fact that drilling won’t solve every problem is no excuse to do nothing at all.

The Obama administration has us so dependent on foreign sources of energy that drawing from our Strategic Petroleum Reserves has become a possibility. Their idea of energy independence has been to make America independent of energy. After all, they don’t wish to drill in the Arctic, the Gulf, the Atlantic, or Pacific. Their one granted lease in the Gulf was given to enable a company to continue a project following the Gulf oil spill, not to allow new drilling to begin. Mining for coal, which would likely power the re-charging of Obama’s favorite electric vehicle, has been hindered by Obama administration EPA regulations.

As Governor Palin mentioned in her tweet, Alaska has billions of barrels of oil and trillions of cubic feet of natural gas. The Natural Petroleum Reserve in Alaska alone is estimated to have 53 trillion cubic feet of natural gas. The Arctic is estimated to have 90 billion barrels of oil and 1. 67 quadrillion (1,670 trillion) cubic feet of natural gas. For some perspective, that is 1,670,000,000,000,000 cubic feet of natural gas. Those kinds of numbers make even Obama’s deficit numbers seem small! She also mentioned that other states have large amounts of resources as well. For example, the Green River formation in Colorado, Wyoming, and Utah is estimated to have 1.5 trillion barrels of oil–6 times as much as Saudi Arabia. There are 3-4.3 billion barrels of oil in the Bakken formation in North Dakota and Montana. Those are just a few examples of the abundance of God-given resources.

Americans are right to support drilling here in America. With soaring gas prices and instability in the Middle East and parts of northern Africa, where much of our oil comes from, it only seems practical to tap into our own resources. Additionally, increased energy production would provide jobs. It is estimated that tapping into resources currently off limits would add more than half a million jobs and also bring in $150 billion in government revenue, which liberals love, by 2025. Energy independence, more jobs, and stronger national security. How’s that for winning the future?

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