Share their profits? What’s new here? Is it not that, anyway, what most companies do with legitimate company owners -- shareholders, that is -- who, by the way, in the case of oil companies, include most workers with 401K plans?
Alas, McCain talks about “sharing” (codeword for “confiscating”) those profits by way of distributing them amongst everyone in America -- ticks, fleas and bedbugs included -- as if someone else’s profits were a piñata for all.
McCain is terribly wrong; his language sounds socialistoid: “From each according to his abilities, to each according to his needs,” Marx dictated, and so John Sidney McCain III does. But, what else could be expected from an “illustrious” member of the notorious Gang of 14?
But, in terms of America moving away from oil, McCain is right, for petroleum, at the continually accelerating rate that it is being devoured by every country on Earth, will disappear sooner than later.
Even if we come to find vast oil deposits, and squeeze dry all the tar-sands and shale in America -- and thus count on sufficient supply for ourselves -- other nations would still face scarcity, and that scarcity would hit us by carom, for our economy, whether we want it or not, whether we like it or not, is intertwined with other nations’ economies.
We should move away from petroleum as the main source of energy for our transportation sector, which is where our energy problem resides. Other nations will follow our lead, as they have done with so many good things . . . and bad ones as well. Ha! All those America-hating petro-tyrants and petro-autocrats on the planet would be left dreaming of years past. Islamofascist petro-terror would run dry of funding.
However, in the painful process of transitioning to something else, relief should be found for our economy, for our way of life by, in the interim, drilling domestic oil to the maximum and squeezing all the shale we can.
An
Investment Business Daily editorial says: “The Department of the Interior estimates that there are 112 billion barrels of technically recoverable oil beneath U.S. federal lands and coastal waters. That's enough oil to power 60 million cars for 60 years. That's not counting the trillion barrels locked up in shale rock — three times the total oil reserves of Saudi Arabia.”
(Ah! Poor, pitiful me, with my nasty asthma! But all that smog would be only temporary and continually decreasing soon after peaking. And relax, all that oil would wouldn’t be left to oblivion; it be kept being used for lubricants, pesticides, plastics, fertilizers, paint, fabrics, fibers, etc. for centuries and centuries.)
The clamor is out there.
American Solutions is conducting a grassroots drive to force federal elected officials in Washington DC -- specifically, the Democrats and RINOs in the US Congress -- to legislate to drill here in America, and now.
There was the news recently that such demand from the people was presented in writing to Barack Hussein Obama and John Sidney McCain III -- in their condition as US Senators and presidential candidates -- along with the endorsement from more than 350,000 signatures of their bosses, We the People.
Neither of the two, however, will support it, for they both believe in Al Gore's manmade global warming hoax and other climate-related frauds. The one, Obama, believes in it by sheer malice; the other, McCain, by crass stupidity. They will, no doubt, ignore us, despite that each of the two wants us to hire him for President of the United States of America.
So much for our representative democracy! Our representatives have become our masters. “Asked if there's anything he or Sen. Obama could do to ease soaring gasoline prices, McCain said ‘We could give them (American consumers) a bit of a break for this summer’, " CNS News reports. His Majesty John Sidney McCain III hubristically ponders the probability that he, along with His Majesty Barack Hussein Obama, could throw us -- poor devils, We the People -- some paltry crumbs. Again, so much for our representative democracy!
Doesn’t your blood boil?
But that issue is the subject for another piece already in the pipeline. The medulla here is that America must achieve absolute energy independence. We are fettered at our feet, and shackled at our hands by the continually increasing prices of transportation fuels.
It’s therein where we must focus our thrust to attain energy independence.
And the final solution to America's transportation fuel supply problem resides in transitioning to battery-electric-vehicles (BEVs) while gradually -- by attrition, but steadily -- abandoning the internal combustion engine for ground transportation uses.
American private enterprise is coming to the rescue. There are exemplary paradigms deserving emulation, such as the supposedly-coming-soon and affordable-to-the-masses "T Model" versions of
That sexy BEV, the Roadster, goes from 0 mph to 60 mph in slightly less than 4 seconds, and its Lithium-Ion batteries have a 200 to 250 miles range per charge, yielding a "fuel" efficiency of 2 cents/mile.
However, to transition to BEVs, BEV batteries must be made much more efficient (charge-capacity, charge-speed, weight, life-cycle, etc.), and much more cost-effective. Furthermore, "battery stations" must be deployed across the nation as pervasively as their gas-station counterparts currently are, and where BEV battery banks would be “filled up” by replacing “empty” batteries with fresh ones in no more time than it takes to fill up a gas tank. Robotized, drive-through facilities, resembling drive-through carwash outfits, would do the job easily.
Moreover, massive amounts of inexpensive and 24/7 available electricity will be required to charge tens of millions of BEV batteries at any time.
That electricity should be generated mainly from our own domestic sources: coal clean-burning technology, nuclear fission, and around-the-corner commercial nuclear fusion.
Fusion is capable of yielding about one million times the power of nuclear fission, without the potential problems of accidental or intentional leaks, meltdowns, radioactive-waste management, terrorist-caused mayhem, or nuclear-weapon proliferation. Invest 20 minutes of your time and read on Wikipedia about
www.GeneralFusion.com), a Canadian pre-IPO startup, has plausible plans to start shipping 100 Megawatt fusion reactors in about 5 years at no more than $50M each, yielding 4 cent/kilowatt-hour competitively priced electricity. Thereafter, 500, 1,000, 2,000 and 5,000 Mw monsters would follow.
If that is what McCain envisions in terms of new energy technologies and energy independence, hallelujah!
But if he's thinking about biofuels or the like for transportation, he is fantasizing, for such move would only displace problems to other areas (mainly scarcity of foodstuff and feedstuff, which, the latter, affects the former even more). And if he is thinking mainly green -- i.e., renewables -- for the production of electricity, he is fantasizing again, for renewables can be used only marginally, and only when overall-competitive; renewables will never constitute the backbone of our electric grid.
As for Obama, he is now the drum major of the Democrat Party and the rest of the Left; that is, he will block any initiative aiming at effectively obtaining energy independence for America. The objective of the Democrat Party of nowadays and the rest of the Left in this particular matter is to use our energy lack of self-sufficiency to trample America’s free-enterprise-based economy, to then build from its ruins their dreamed Socialist States of America.
