Self-hating Boomer said:
“The most blatant dysfunction of cap-n-tax as a way to lessen dependency on foreign oil is that it takes coal liquification a la Fishcer-Tropsch and shale oil off the table.”
All that is far more expensive than Saudi oil, which is the easiest and cheapest on Earth to extract. You can’t beat OPEC at its own game; you have to play a different one instead.
“If this administration were sincere in their claim to want to reduce oil imports, they’d immediately lift the ban on offshore drilling and allow production on ANWAR.”
Wrong. ANWR (learn to spell it before pretending to be an expert on it) has only 16 billion barrels in it. We import 5 billion a year, so it would replace foreign oil for a very limited period. And once we burn off ANWR, then what? It’s like eating your basement emergency rations just to keep the status quo going a little longer rather than changing the situation (like getting a job or switching fuels).
The Mideast has 70% of the world’s oil reserves and we have only 4%. If we do nothing, by 2020 we’ll have 1% of what’s left and they’ll have over 80%. And that’s WITHOUT burning off our ANWR and offshore reserves; if we tapped those we’d have even less.
This is a rigged game and we have to break out. The solution is alcohol fuel.
