one would think that since romney was a market guy he would understand that since oil is a world wide commodity every barrel of extra oil we produce also helps our competitors. we cant gain a competitive advantage by drilling in sensitive areas.
conservation measures on the other hand, something romney has shown no interest in,go right to our bottom line.
Mitt Romneyâs Problematic Push For âNorth Americanâ Energy Independence
GOP presidential hopeful Mitt Romney says that by the end of his second term in 2020, the North American continent can free itself from reliance on foreign energy sources.
The proposal has experts scratching their heads for a few reasons. One predictable objection is that, as a global commodity, itâs not really feasible to be independent of foreign oil. The concept of independence is illusory, and the goal of little value, unless North America excised itself from the global market.
Another is that itâs a rhetorical tweak to more common paeans to the virtues of American energy independence. Itâs an implied acknowledgement that Romneyâs less interested in efficiency and alternative energy than in drilling for more oil and gas, and that the United States doesnât sit on enough oil and natural gas to provide for the countryâs energy needs.
But above and beyond that, history indicates Romneyâs setting himself up for failure.
http://tpmdc.talkingpointsmemo.com/
conservation measures on the other hand, something romney has shown no interest in,go right to our bottom line.
Mitt Romneyâs Problematic Push For âNorth Americanâ Energy Independence
GOP presidential hopeful Mitt Romney says that by the end of his second term in 2020, the North American continent can free itself from reliance on foreign energy sources.
The proposal has experts scratching their heads for a few reasons. One predictable objection is that, as a global commodity, itâs not really feasible to be independent of foreign oil. The concept of independence is illusory, and the goal of little value, unless North America excised itself from the global market.
Another is that itâs a rhetorical tweak to more common paeans to the virtues of American energy independence. Itâs an implied acknowledgement that Romneyâs less interested in efficiency and alternative energy than in drilling for more oil and gas, and that the United States doesnât sit on enough oil and natural gas to provide for the countryâs energy needs.
But above and beyond that, history indicates Romneyâs setting himself up for failure.
http://tpmdc.talkingpointsmemo.com/
