Investor's Business Daily has a series of editorials on the current situation regarding energy that should be mandatory reading for anyone who wants to get past the leftist propaganda on the matter. (And by the way, whatever happened to the leftist shouting about "no blood for oil"? If we had been in Iraq for oil, wouldn't it be really cheap by now? But I digress.)
The reality is that the Democrats in congress and their allies in the media have been shrieking for years about how we have to protect endangered mosquitoes in ANWAR. They have prevented us from developing new sources off of our own coasts. They have prevented us from building new refineries and nuclear power plants. And now we are paying the price at the pump.
For the last 28 years, Democrats in Congress and a few Republicans have again and again opposed our drilling for oil in Alaska's ANWR area when we knew it contained at least 10 billion barrels of oil we could be using now.
• For the past 31 years, Congress repeatedly prevented us from building any new oil refineries that we now badly need.
• More recently, congressional Democrats defeated and discouraged any bill that would let us drill in the deep sea 100 miles out. However, it's somehow OK for China to drill there.
• As a further indictment of our Congress, since the 1980s it has continually stopped all building of nuclear power plants while France, Germany and, yes, Japan, plus 12 other major nations, did build plants and now get 20% to 80% of their energy from their wise and safe nuclear plant investments.
• From 1990 to 2000, U.S. crude oil demand rapidly accelerated by 7.41 quadrillion BTUs, according to Department of Energy data. And our rate of foreign oil dependency dramatically increased while our domestic oil production steadily declined.
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