Too Much Reliance on Green Energy Could Be Disastrous

Stupid.  That's what Economist Loren Scott, speaking in Shreveport recently, termed the idea that wind and solar are the answers  to our energy needs in the future.  President Obama's dream of  "clean" energy could  lead us to an oil shortage and a devastating blow to an already hurting economy. I can hear it now, "You're  beating a dead horse.  Many have warned about this."    Yes, but Obama seems determined to ride that dead horse no matter where it takes us.  A few days ago when questioned about the economy and unemployment, his only solution offered was that if we lead the world in clean energy plenty of jobs will follow.

Obama appears to be sincere in his dream that EV's are the future for America.  This was seconded by a Democratic congressman who told Greta Van Sustern that the United States should build batteries and electric cars for sale to China. He didn't consider that if the Chinese want electric vehicles they are capable of building their own.   Some people believe the day of the electric car hit its peak around the end of the 19th century.  Even the sale of hybrid vehicles has decreased from three per cent of cars sold in the summer of 2008 to two per cent today.  If there is a demand for batteries to power electric cars, why did we have to bribe a Korean company with 150 million dollars to build a manufacturing plant?

While some dream of electric cars, wind and solar, real jobs in the Gulf have been idled by the moratorium on drilling.  The White House has admitted that it knew thousands of jobs would be lost but went ahead with the moratorium.  Obama has shown in the past that he will tax some industries to subsidize others in his zeal to shape the nation to fit some dream of his. Congress is debating additional taxes on oil and gas when the need is to produce more.  Oil and gas are responsible for 9.2 million jobs. Development of more production will save some jobs and create more. Think about this; one-third of our domestic oil is produced from wells in the Gulf, 80 per cent of that from deep water wells, as defined by the government.  If this moratorium goes on much longer, this nation could have a shortage of oil.  Rigs moving out of the Gulf may not return.