Tag Archives: energy independence

Multiple Standing Ovations For Governor Sarah Palin at Houston Energy Summit

Sarah Palin new glasses

Before Sarah Palin was Governor of Alaska [and after she was term limited out as Mayor of Wasilla] she was Chairman of the Alaska Oil and Gas Conservation Commission. One of the most powerful jobs in Alaska, and the oil and gas industry as a whole.

Once elected Governor, Palin was then elected Chairman of the nation’s Interstate Oil and Gas Compact Commission, which comprises all of the oil and gas producing states in America. The National Governors Association, comprised of Governors from all 50 states elected Palin as Chairman of their Natural Resources Commission.

Palin is a recognized expert on oil and gas production and has been involved in exploration and developing best practices and ethics for the industry.

She is quite famous for taking on Big Oil, numerous times. So much so, industry insiders wrote the best seller Sarah Takes On Big Oil which is still available through Amazon.

By Gary P Jackson

Governor Palin headlined the Decision’s Maker’s Breakfast at the North American Prospect Expo in Houston on Thursday. She was greeted by a standing ovation and left to one as well. “It’s always a pleasure to be back in Alaska’s sister state Texas.” Palin told the excited audience.

When asked, she still isn’t ruling out a presidential run in 2016. Many in the media are ridiculing her for not committing, never mind most so-called hopefuls haven’t either. Here’s the thing. Governor Palin still has her TV show on The Sportsman Channel and new episodes, already filmed, are still airing. Once she declares, The Sportsman Channel will be forced to discontinue airing episodes. There are only a handful of episodes left that haven’t aired. I have no idea whether Palin will, or will not run. I do know there is absolutely no hurry for her to declare, especially when basically no one else has, yet. We all know the rules seem to be different for Governor Palin, but come on!

We have some excepts from Governor Palin’s speech, sourced from several reports. Her speech included a moderated question and answer session. [Which will be reflected by highlighting questions asked]

Energy is my baby. I absolutely love it. It’s the theme that I miss most about my governing responsibilities. Being able to help spur investment and exploration and development and, you know, responsibly extracting that most valuable resource we have in Alaska and so many other places. And being able to feed and fuel our great nation with what God has created for man’s responsible use.”

My husband Todd started off with BP on the North Slope of Alaska. We raised our kids with that North Slope lifestyle. Thank you so much for paying my bills for many years.

About Obama asking Congress to designate parts of the Arctic National Wildlife Refuge in Alaska as a wilderness area, although he will look into opening the Atlantic coast to oil and gas exploration:That’s a bogus exchange. The Atlantic potential out there has already been tried. … Picture a football field — that’s ANWR — and a postage stamp. That’s the size of what we need to explore.

Not to mention the fact offshore drilling has major environmental risks not found when drilling on land! ~ Gary

Concerning slumping oil prices and job cuts:Now is the time to start planning for more drilling, for more production. With downturned prices like this, it gives y’all a chance to sort of catch a breath, right, and plan for the future. We can look at it as the glass half empty or half full. Of course, the half empty part is the job losses. From a humanitarian standpoint, it’s sad to see people threatened with their employment. But, on the other hand, these low oil prices can actually really help spur our economy and, ultimately, help the industry.

Right now low oil prices are helping to spur our economy, though they are hurting the oil and gas industry. Now is the time to plan for more drilling and more production. It’s a time to catch your breath and plan for the future.

Can government do anything to help the industry at this time?Usually government just gets in the way, and is so much of the problem in our economy. But right now government can spur more production by lifting the export ban.

But instead of common sense moves like that, the administration is hurting the industry by blocking Keystone XL, by pursuing land grab in Alaska. By enabling an EPA guilty of vast regulatory overreach. The punative aspect of it is to really stick it to the American people.

The president is not for American energy independence. If he were he wouldn’t be trying to lock up the Alaska National Wildlife Refuge. That’s 20 million more acres he wants to lock up from development.

All we need to explore and develop ANWR is a 2,000 acre swath. Alaska is 400 million acres when you consider our water and land. A postage stamp in the middle of a football field. That’s all the land we need to develop.

As for the Keystone XL pipline:It’s a no-brainer. It’s basic infrastructure. We have millions of mile of pipe streaming across this country. It’s the safest way to transport friendly fuel. It’s a shame [President Obama] has taken off the possibilities for America and for Canada to transport this fuel. It will get to market somehow.

Currently the oil in question is being transported by rail. There have been numerous spills due to derailments. NOT having the Keystone Pipeline is an environmental disaster. With the pipelines, spills are virtually none existent. Conspiracy theories have sprouted due to the fact the railroad used is owned by one of Obama’s top cronies, Warren Buffet. In public Buffet has said he is for the pipeline, even though it would hurt his bottom line. ~ Gary

The administration is not understanding the inherent link between energy and security and energy and prosperity. He’s rewarding the environmentalists who are extreme in saying there would be environmental harm in developing ANWR. They worry about the impact on the moose and caribou. Well we’ve had the Trans-Alaska Pipeline for decades, and that pipeline has not been adverse at all.

On the contrary, “the animals like the warmth that the pipeline gives off. “The animals mate under the pipeline. I haven’t actually seen it but that’s what I’m told. If oil and gas development is risky to wildlife, if it is to hurt one caribou, then that one caribou should take one for the team and allow the rest of the country to benefit.

sarah-palin-alaska-pipeline

Governor Sarah Palin and her team in front of the Trans-Alaska pipeline.

Speaker John Boehner, Congresswoman Michelle Bachmann, they took the time to fly up to Alaska and actually visit ANWR. The president has never been up there. Politicians need to take the time to see for themselves what they’re voting on.

I can’t wait for 2016. That election I can see from my house. I hope for a GOP candidate who understands energy and understands infrastructure.

Hillary Clinton will be the Democrat candidate because she has the money. After her, it’s a shallow bench.”

Is there any chance a dark horse could emerge to challenge her?Not really, because of the money. Hillary Clinton will seize the opportunity to collect those funds. Hillary is it.

As for Vice President Joe Biden?He’s been in politics long enough to have voted against the Trans-Alaska pipeline.

Palin says the field of GOP candidates representa deep bench.”

Common sense conservatives — we’re going to have our hands full.

Is Sarah Palin considering a run?I’m so sorry you asked that. It’s just too early. But a lot can change.”

Can we win?I don’t underestimate the wisdom of the people. Enough is enough for this hopey changey stuff that didn’t work.” America needs common sense. America needs to reclaim exceptionalism.

Candidate Obama promised to fundamentally transform America. But we don’t need that. We need to restore what’s great about America.

On the topic of international relations:

It’s been said that Saudi Arabia has recently been trying to seek back bigger market share. To penalize the shale players. And that the U.S. is going along with it to extract penalties against Putin and Iran.

But a side effect is that the U.S. is becoming more of the global oil swing player. The Saudis are basically allowing America to take over the decide on production levels and the market.

With so much of the world oil supply dominated by OPEC and Saudi Arabia, it’s just such a shame that we are so enormously under the influence of foreign countries.

We want to get out from under that. That’s why I support things like Keystone and fracking and horizontal drilling.

America should have the ultimate goal of being really energy independent, instead of going over to Saudi Arabia and bowing before the king. We don’t want to have to rely on what’s going on over there.

It’s tough to imagine that the Middle East can get even worse than it is, when you consider the evil. The terrorists spreading out across the globe. America losing its position of strength.

But it will get worse.

The Saudis will try to get rid of competition, which includes America.

Russia will be a problem as well.Putin is like a wounded bear. Very unpredictable. He still has the KGB in him. He bullies his neighbors.

There’s reports out there that billionaire Russians out there are helping to fund some U.S. environmental groups that oppose fracking and basic developments here so that the public will want to ratchet down production. That would bolster the position of the Saudis. The Russians. These dollars coming into environmental groups. I would like to find out whether that’s true.

America has to stand up to all this. It’s a psychological, emotional type thing. Our young people are losing the sense of what it means to be America. The Constitution, freedoms. What we will do on our lands. How we will responsibly develop God-given resources for our use. The founding fathers created a blueprint to allow us to be exceptional. We are exceptional.

Freedom isn’t free. You have to fight for it. That’s why I support the U.S. military. They are America’s true heroes.

Thanks to Michelle McCormick for her hard work and contributions.

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Sarah Palin: A Vote For Barack Obama Is A Vote For Foreign Oil – Subsidizing Terrorism

No American should ever worry (rightly or wrongly) that our troops are in a war zone to protect oil interests. A more energy independent America will be a more prosperous and peaceful America.

~Sarah Palin

By Sarah Palin

A vote for Obama is a vote to continue the failed policies of the past that have made us more reliant on foreign oil and the foreign regimes that supply it. Our energy policies affect so many areas of our lives, including where we send our sons and daughters to war.

Our dependency on foreign regimes to supply our oil has enriched them and helped them subsidize terrorist activities. They have used our dependence on their oil as a weapon against us. There is no need for this when we have the resources here.

No American should ever worry (rightly or wrongly) that our troops are in a war zone to protect oil interests. A more energy independent America will be a more prosperous and peaceful America.

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April 2002: Drilling in ANWR Would Take 10 Years to Produce: The Consequences of Inaction

by Whitney Pitcher
Note: I wrote this post without realizing that Gary wrote a great piece about it as well yesterday. However, energy independence can’t be highlighted enough, especially when a decade of inaction has contributed to our current energy problems.
Senate Republicans have release the following video noting Senate floor discussion from ten years ago this week when Democrats were claiming that we can’t drill in ANWR because it would take 10 years for the oil to be produced (H/T the Heritage Foundation):

Here we are ten years later, and ANWR is still closed to production, yet the obstruction of liberals who would rather invest taxpayer dollars in solar companies that inevitably fail than reap the tax revenue from a proven source of energy that would also create jobs and provide economic and national security. ANWR is overwhelmingly abundant with both oil and natural gas. ANWR has the potential to produce 1 million barrels of oil a day, which would replace the amount that we import from Iraq. It is slightly larger than the state of Delaware, but would leave a footprint roughly equivalent to LAX (2000 acres). In other words, less than 0.5% of the geographic area in ANWR would be used for development, yet it has the capacity to replace the amount of oil in the 7th largest import nation.

Governor Palin noted in highlighted in her Facebook note on Tuesday how much energy independence is interrelated with all components of public policy and daily life:

 He fails to understand the fundamental truth that there is an inherent link between energy and prosperity, and energy and security. Oil prices affect everything in our lives, including where we send our sons and daughters in war. Developing resources here grows our economy, decreases our trade imbalance, creates hundreds of thousands of good-paying jobs, and secures our union by eliminating our dependence on dangerous foreign regimes who use our energy insecurity as a weapon against us. Access to secure domestic energy will make us a more peaceful and prosperous nation.

Obama doesn’t understand this—just as he doesn’t understand the dangers of his wasteful spending. Our energy policy is also linked with our fiscal and monetary policies. In light of America’s unsustainable $16 trillion debt, there’s more talk about dumping the U.S. dollar as the world’s reserve currency, which is the currency used to buy and sell oil. If that happens, we’ll feel the pain of inflation everywhere—especially at the pump. That, in turn, will trickle down to everything in our economy. Those living on fixed incomes and retirement pensions and annuities will feel the pain especially hard. So, this is one more reason to get government debt under control with sound monetary policy that doesn’t try to “inflate away” our debt with currency manipulation and gimmicks like quantitative easing.

There is an interelatedness between our national security and energy security. The 4th largest importing nation is Venezuela–a nation controlled by a dictator closely allied with Iran, who has threatened multiple times recently to block the Strait of Hurmuz where 20% of the world’s oil passes through daily. Oil from Saudi Arabia, Iraq, and Kuwait all are transported through this area, and these three countries are among the top ten importing sources of oil. Drilling here instead of relying on foreign nations has the potential to create a million jobs by 2018. Plus, what could be secure our nation more than to make America our own greatest source of energy.

One thing that Governor Palin understands that very few people mention is the relationship between monetary policy and energy. In fact, Governor Palin warned about how a devalued dollar may lead to the the dollar being dropped as the reserve currency and the relationship of that sobering possibility to both inflation and the debt  two and a half years ago in October of 2009.  This is a point she later echoed when she called out Ben Bernanke on his quantitative easing implementation in November 2010:

 All this pump priming will come at a serious price. And I mean that literally: everyone who ever goes out shopping for groceries knows that prices have risen significantly over the past year or so. Pump priming would push them even higher. And it’s not just groceries. Oil recently hit a six month high, at more than $87 a barrel. The weak dollar – a direct result of the Fed’s decision to dump more dollars onto the market – is pushing oil prices upwards. That’s like an extra tax on earnings. And the worst part of it: because the Obama White House refuses to open up our offshore and onshore oil reserves for exploration, most of that money will go directly to foreign regimes who don’t have America’s best interests at heart.

Now, nearly a year and a half later, and oil is over $100 a barrel. This, of course, makes the price of everything higher. Not only is inflation by itself causing consumer items to be more expensive, but high fuel prices (also raised by inflation) are contributing to increased consumer prices as well. But, oh no, we were supposed to listen to our betters who told us ten year ago that ANWR would take too long to develop.

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Energy Independence: $1.8 Billion Oil Bakken Crude Express Pipeline Planned From North Dakota to Oklahoma

By Gary P Jackson

One of the few bright spots in America’s energy situation is the development of the Bakken Shale oil in North Dakota. The only problem is a lack of a pipeline to get this oil to the hungry markets. That’s about to change though.

From Bloomberg Businessweek:

Oneok Partners LP (OKS) (OKS) plans to build a $1.8 billion pipeline that will bring 200,000 barrels of crude a day from North Dakota’s Bakken Shale field to an oil-trading hub in Cushing, Oklahoma.

Construction of the 1,300-mile (2,100-kilometer) Bakken Crude Express pipeline will start as soon as 2013 and the system may be operating in early 2015, the Tulsa, Oklahoma-based partnership said in a statement today. The project would be Oneok Partners’ first oil pipeline and is estimated to cost $1.5 billion to $1.8 billion.

As producers continue to aggressively develop crude oil from wells in the Bakken Shale, more crude-oil pipeline takeaway capacity will be required,” Terry K. Spencer, Oneok Partners president, said in the statement.

The Bakken Shale formation, which stretches from Canada into North Dakota and Montana, holds an estimated 3.6 billion barrels of crude, according to the U.S. Energy Department. A lack of pipelines to bring the oil to refineries has caused crude prices in North Dakota, which had record output in January, to trade for as much as 30 percent less than West Texas Intermediate, the U.S. benchmark.

The proposed pipeline will run alongside existing Oneok Partners’ projects for more than 80 percent of the route and will be “well-positioned” to move crude from the Niobrara Shale in Colorado and Wyoming, according to the statement.

Transporting Oil

Production from the U.S. portion of the Williston Basin, which includes the Bakken, is projected to hit 1 million barrels a day in five years, which would increase the need for transportation, said Justin Kringstad, director of the North Dakota Pipeline Authority.

It’s going to be very interesting to see how industry shakes this out in the next several months,” Kringstad said in an interview.

Oneok joins at least three other companies that are building or considering pipelines to transport Bakken oil.

TransCanada Corp. (TRP)’s Keystone XL pipeline, which has been delayed because of environmental concerns in Nebraska, includes a link to the Bakken that would transport 100,000 barrels a day from the formation.
Pipeline Expansion

Enbridge Inc. (ENB) is reversing and expanding a pipeline in North Dakota that will allow it to transport 120,000 barrels a day by 2012, according to its website. Separately, the company is expanding its Flanagan pipeline from Chicago to Cushing, and is working with Enterprise Partners LP to reverse and expand the Seaway pipeline between Cushing and the Gulf Coast. The system will be able to move 850,000 barrels a day to the coast when completed in 2015.

Kinder Morgan Energy Partners LP (KMP) (KMP) is considering converting its Pony Express pipeline to carry 210,000 barrels of oil a day from Wyoming to Cushing, according to the company’s website.

Oneok Partners is investing as much as $2 billion in Bakken Shale gas projects through 2014, including a gathering system and processing facilities and a pipeline for gas liquids.

Read more here.

This is great news and a real success story.

According to Oil-Price.Net, a leading source for up to the minute oil pricing, there are an estimated 2 trillion barrels of oil locked up in shale deposits. This oil will go a long way towards making the United States energy independent.

This may sound like a fiction story but it is true! While total world resources of oil shale are conservatively estimated at 2.6 trillion barrels, US sits on close to two trillion barrels of crude. Possibly more than all the crude than was ever produced worldwide since petroleum age began.

The Green River Shale Formation encompassing the States of Colorado, Utah and Wyoming was first discovered in 1924. This famous shale formation covers tens of thousands of square miles. It is found in three different ancient lake basins. The layers of sediment in this formation stretch undisturbed for many miles.

Read much more here.

We use an estimated 18.8 million barrels of oil a day and produce around 9.1 million barrels a day. America is number 3 in world wide oil production.

Don’t let anyone tell you that America can’t become energy independent, and stay energy independent.

All we have to do is demand it.

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Flashback: June 2008 Sarah Palin Talks Energy Independence with Larry Kudlow

By Gary P Jackson

A little something for the weekend. This is an interview Sarah Palin did with CNBC’s Larry Kudlow back in June of 2008. This was before she was chosen to be John McCain’s running mate, though her name was being tossed around as a possible vice presidential candidate. The two discuss this as well.

Readers should note that Sarah is first, and foremost one of the nation’s leaders when it comes to pushing for energy independence, and has had a very consistent message over the years. We need energy independence, and the good, durable jobs it will bring, now more than ever:

From Kudlow’s website:

Drill, Drill, Drill: My Interview with Alaska Governor Sarah Palin

What follows below is an unofficial transcript of my interview with Sarah Palin on Kudlow & Company last night. Mrs. Palin is is the youngest governor in Alaskan history as well as the first woman to hold the office in the state. Her approval ratings remain in the stratosphere. Governor Palin believes more oil and gas production from ANWR and offshore is crucial to America’s future. She is also high up on McCain’s possible veep list.

Kudlow:
All right, drill, drill, drill! Nobody does it better than Alaska, if only Congress would let it. So here to tell us all about it, Alaska Republican Governor Sarah Palin.

Governor Palin, thank you ever so much for coming on. We appreciate it. I want to start with this, it’s an oddball question. I mean, Senator McCain says it’s too pristine to drill. Senator Obama says the drilling won’t work. What is your response to this? How do you fight back?

Palin: Well it will work. And Senator McCain is wrong on that issue. He’s right on a whole lot of other issues, so thank goodness that he’s understanding and evolving with his position on OCS [Outer Continental Shelf]. So that’s encouraging. I think he’s going to evolve into, eventually, supporting ANWR opening also.

Obama is way off base on all that. I think those politicians who don’t understand that we need more domestic supply of energy flowing into our hungry markets, you know, they’re living in La-La Land. And we’re in a world of hurt if their agenda continues to be to lock up these safe, secure domestic supplies of energy.

Kudlow:
Tell me about the “world of hurt” in your judgment. The criticism of ANWR is – this is what you hear from people in both political parties – there’s not enough to matter, it’ll take too long, and it won’t impact the price of oil internationally or gas at the pump. How do you respond to that?

Palin: Well it will impact, in a positive sense, the price of fuel eventually. We’ve got to start somewhere. Again, we’ve got domestic supplies sitting there underground. The reserves are ready to be tapped. And you know, nowhere more than Alaska – Alaskans – would be impacted by development in ANWR. And here in Alaska, our constituents, the people who live here, want it drilled. So that tells you that we have confidence in the safety and the responsibility that we’ll see there with the development of ANWR.

Remember too Larry, we’re talking about a sliver of the coastal plain of Alaska being explored and drilled for oil. It’s about a footprint of a 2000-acre plot of land. That’s smaller than the footprint of LAX, for instance. So it’s not so grandiose an acreage that it is out of the realm of possibility for others to start understanding why it is that we can do this safely. We can have a small footprint, and not adversely impact the land, the wildlife, that’s part of Alaska.

Kudlow: Well what do you have up there around ANWR? Is it a bunch of big fat blue flies? People say nobody goes up there. Humanoids don’t populate it. It’s just the blue flies. I mean, I want to keep blue flies healthy. Maybe you can tell us about that?

Palin: Well sure, we want to keep the blue flies healthy also. [Laughter]. But again, it’s a small portion of land up there. Alaskans understand that while we have these reserves underground, ready to be tapped, you know, we want to invite safe responsible development. We want those who can safely develop it. We want them to compete for the right to tap those resources and start feeding these hungry markets.

Kudlow: How long would it take? How long would it take? I hear so many, Senator Obama says this, and a lot of Democrats say this, some Republicans, how long will it take Governor? What’s your estimate on this? To start lifting out of ANWR?

Palin: It’s going to take at least five years. You know, and there are other areas in Alaska too, that have the reserves that need to be tapped, certainly offshore. There’s trillions of cubic feet of natural gas, and billions of barrels of oil there too that need to be tapped. We also have a natural gas pipeline that is underway now, a process to get that constructed, where we can build infrastructure and allow known reserves of natural gas up on our North Slope – it’s already there, it’s already proven – to be tapped and flow through a natural gas pipeline. Our legislature is dealing with that issue right now, getting ready to license a company to build that gas line. Again, to feed these hungry markets.

Kudlow: Alright, so now you’ve got another case where both candidates seem to be off course. Senator Obama wants a windfall profits tax on oil companies. And Senator McCain talks about obscene profits, which I regard as the near cousin to the windfall profits tax. What’s your response to these criticisms?

Palin: Well we just went through a process of making sure that the oil and gas resources that Alaskans own are properly taxed. And we just increased a tax on profits of oil companies up here, because an earlier version of Alaska’s tax formula had been corrupted by some politicians who are now in prison for the corruption. But we had to revisit the way that we were going to tax profits on oil companies. We just got through that, and it wasn’t an obscene amount of tax placed upon them. In fact, it’s driven more by a desire to explore and to develop with independent companies coming into Alaska. So you know, on a national level, they’re going to have to deal with that, but we just dealt with it on Alaska’s level. And we have a healthy valuation of our oil and gas reserves, and we’re deriving healthy revenue for our state off that.

Kudlow: Well are profits a dirty word? In energy, or other businesses?

Palin: Well no, of course not. And low taxes of course, we know spur the economy. I’m a Republican. I am for low taxes. We have to make sure though that an appropriate value is placed oil and gas resources. And that the people who own these resources are able to benefit from the development of them. But no, profit is not a dirty word.

Kudlow: Why don’t we just liberate, and decontrol, and deregulate the whole bloody energy business – whether it’s oil, gas, shale, nuclear, coal, natural gas, as well as wind and solar – why don’t we just decontrol, deregulate, go for an America first energy policy? Get independent of Saudi Arabia? America first. Create all of these millions of high paying jobs. Why isn’t anybody talking about that in this race? That’s the natural, Reaganesque thing to do. Isn’t it?

Palin: Yeah absolutely! You’re hitting the nail right on the head. That’s what so many of us normal Americans are asking. The same thing. Why aren’t the candidates talking like that? Where we can secure America and we can be more independent when we talk about energy sources if we could drill domestically.

Here we sent [Energy] Secretary Bodman overseas the other day, and our president had to visit the Saudis a few weeks ago, to ask them to ramp up development. That’s nonsense. Not when you know that we have the supplies here. You have the supplies in your sister state called Alaska, where we’re ready, willing and we’re able to pump these supplies of energy, flow them into hungry markets across the U.S. We want it to happen. It’s Congress holding us back.

Kudlow: Alright. I’ve got some sound from Senator John McCain. Please take a listen.

Audience member: Would you consider Alaska Governor Sarah Palin for a vice-presidential running mate?
McCain: Could I say that this meeting is adjourned? [Laughter]. We’re still going through the process, but the governor of Alaska is a wonderful person, and very popular in her state, and very honest and straightforward, and I think has a future in our party]

Kudlow: Alright Governor, you probably heard Senator McCain waltz his way through that one. Let me just ask you. If he asked you to be his vice-president, would you accept in light of your disagreement, apparently, over ANWR drilling?

Palin: Well I’d like the opportunity to get to change his mind about ANWR, I’ll tell you that. But Larry, I’m gonna give you the same answer that any other potential VP gives you and that is you know, I really enjoy my job here in Alaska as governor. I believe that there’s a lot that Alaska could be and should be doing to contribute to the rest of the U.S. And I think I can do that in my job here in Alaska. And I know that, again, the other potential VPs are saying the same thing that they like where they are today. So I also have to say though that it’s really probably out of the realm of possibility to be tapped for that position, so I don’t even have to worry about it.

Kudlow: Well okay. You’ve got a lot of work to do drilling up there to help the rest of America. But let me ask one final question. In your judgment, is it time for the Republican Party to put a woman on the ticket?

Palin: Oh, we’re overdue for that. Absolutely. I would love to see that happen.

Kudlow: Alright. Governor Sarah Palin, Alaska. Thank you very much Governor. Appreciate it.

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Flashback: Sarah Palin: Alaska’s Promise for the Nation

By Gary P Jackson

One of my favorite things that shows up in my mailbox regularly is Imprimis from Hillsdale College. If you aren’t a subscriber, you are missing some great commentary. It’s free, so sign up here.

On August 2, 2008, before she was chosen as the Republican vice presidential nominee, Governor Sarah Palin gave a speech outlining Alaska’s role in America’s future. Specifically she’s talking about energy independence, and national security. What strikes me most is Governor Palin’s consistency. She was saying the same thing in 2008, before most Americans knew who she was, as she does today in 2011, when everyone knows who she is.

More importantly, she’s just as correct today, as she was in 2008. Sarah is the only candidate who seems to understand the link between energy independence and national security. She’s absolutely the only one talking about it. She’s also the only one with actual executive experience in the energy sector. When she talks energy, she talks from first hand knowledge.

Sarah Palin actually has a solid plan for making America energy independent. A plan that will create millions of jobs, jump start our economy, and make us a lot safer and more secure.

From Imprimis online:

The following is adapted from a speech delivered on August 2, 2008, aboard the Regent Seven Seas Mariner in Juneau, Alaska, to Hillsdale College friends and supporters during the College’s “North to Alaska” cruise from Seward to Vancouver.

NEXT YEAR IN ALASKA we are celebrating 50 years of statehood. We are still a very young state, and we’re still experiencing some growing pains, perhaps, as we seek opportunities for Alaska to become more self-sufficient and less dependent on the federal government. And the key to our becoming self-sufficient—and doing our part for our fellow Americans—is to develop further our state’s vast natural resource wealth.

Fifty years ago, this was our deal with the federal government—that we pull our own weight. And we’ve already come a long way from being known as “Seward’s Folly,” back when Alaska was purchased from the Russians for two cents an acre. We’re earning our keep, largely by tapping our energy resources such as crude oil and liquefied natural gas. In fact, Alaska has our nation’s only liquefied natural gas export facility, located in the south-central Alaska town of Nikiski. But Alaska could and should be doing much more.

Being an Alaskan today is especially exciting and historic, as the energy and fuel crisis in our nation spawns creativity and makes us reevaluate what is important and necessary. As we consider where our energy will come from in the future, Alaska can and must be a big part of the answer. In fact, Alaska has already begun to take the lead on a sorely needed national energy policy. Groundbreaking history was made just up the hill at the capitol building yesterday, as Alaska’s lawmakers voted to award TransCanada Alaska a license to proceed with fieldwork, permitting, and development of the biggest construction project in the history of North America—the building of a natural gas pipeline, a project we have been fighting to begin for three decades. Once constructed, this pipeline will supply four to four-and-one-half billion cubic feet of natural gas per day—roughly six percent of America’s demand—to our fellow countrymen in what we call “the lower 48.”

Just to provide some perspective, Alaska has tens of trillions of cubic feet of natural gas under the surface, especially on the North Slope. Alaskans have longed for the right to access our gas and more of our oil to assist in supplying the U.S. market, and now we are finally on the road to doing so. This $30-40 billion infrastructure project—which will be built by the private sector—is one of the most exciting and progressive events in Alaska’s history.

This is a good start, to be sure. But Alaska has much more to offer in the way of resources. And let me tell you clearly that we can do so in a way consistent with good environmental stewardship. Each and every Alaskan recognizes that our most precious resource is the pristine environment in which we are privileged to live and where our “First People” still subsist to this day. No one can love or care for Alaska more than Alaskans. And we who live here recognize that sound science and constantly improving technology make it possible to extract oil and gas safely and responsibly. Furthermore, with gas and fuel prices reaching record highs, oil and gas must be extracted—even as we move in the direction of renewable and alternative sources of energy.

Because of the lagging economy, Americans do not have time for “all talk and no action.” Here at home, Alaskans struggle with the highest gas prices in the nation—the cost of gas in parts of Alaska is four to five dollars more per gallon than gas in the lower 48—and many face the choice between heating their homes and putting food on the table. Now other Americans are experiencing the same challenges. And we are in this position only because Alaska’s vast resources are being warehoused underground by Congress—placing us in a ridiculous and difficult position.

The price of oil, and now gasoline, has always been sensitive and subject to events occurring outside the U.S. We have placed ourselves in the position of having to plead with Middle Eastern suppliers to increase production, when instead we could lift the development bans that are keeping us from our own resource independence—namely, the bans relating to the Arctic National Wildlife Refuge (ANWR) and offshore drilling.

Alaskans find it incredibly frustrating that others—many of whom have never even set foot in our state, much less lived here—dictate how and when we can best use our own resources. Whether over the barren tundra or in our majestic mountains, we have a strong history of responsible development. To date, Alaska has sent more than 15 billion barrels of oil, safely and efficiently, to the lower 48. One look at the Trans-Alaska Pipeline System illustrates that development and wildlife can and do coexist.

I’ve heard it said by some politicians that Alaska doesn’t have enough oil to make a difference. I can tell you honestly that we do have enough. And while consultants and experts debate the current energy crisis, Alaska is already preparing for its next role—providing American consumers with a safe and secure domestic source of crude oil and natural gas. In fact, if energy imports were curtailed completely, Alaska could provide our nation with seven years of crude oil independence and an eight-year supply of natural gas. These are numbers that reflect known and recoverable oil and gas deposits.

To repeat, Prudhoe Bay has produced 15 billion barrels of crude oil, and there’s more where that came from in ANWR, which is home to more than ten billion barrels of oil and nine trillion cubic feet of natural gas. I know this is a controversial issue. But most Americans do not realize that of the 20 million acres that make up ANWR, we are asking for the right to access just 2,000 of them—a mere 1/10,000th of the total area. Opening up just that sliver of ANWR—which would create a footprint smaller than the total area of Los Angeles International Airport—could produce enough oil (an estimated one million barrels per day) to ease America’s fuel crisis and greatly reduce our dependence on foreign oil.

It is also estimated that there are 24 billion barrels of recoverable oil and another 104 trillion cubic feet of natural gas offshore. In other words, offshore areas that are geologically promising, such as the Chukchi and Beaufort Seas, hold roughly three-and-one-half years of U.S. oil consumption and four-and-one-half years of natural gas.

Congress can make it possible to take advantage of these resources right now, by streamlining access to offshore areas. As usual, outside interests are throwing up roadblocks and manipulating the legal system to achieve their agenda. But we need to bring some sanity back to the legal and permitting processes in the area of energy production.

In calling for bans to be lifted in order to get our nation out of the chokehold of high oil prices and dependence on the Middle East, I am certainly not rejecting the idea of alternative and renewable resources. I believe that we need to move in that direction, ultimately weaning ourselves off of fossil fuels. But we can’t do it overnight—or even over a decade. In Alaska, we have almost limitless opportunities for thermal, wind, solar, and hydroelectric energy. In fact, our capital city of Juneau receives 80 percent of its electricity from hydroelectric energy. Recently we have created a renewable/alternative energy fund with an initial $50 million that will build to $250 million over a five-year period. Yet until the science is fully developed, until all our vehicles are green, we must wisely and responsibly utilize known and given oil and natural gas resources so that we can provide for ourselves.

Alaskans are a very unique kind of people. We hear this on a regular basis from our visitors from the lower 48. One thing that makes us so unique is that we are at once fiercely independent and incredibly community-minded. It may seem as though these two qualities would be in conflict, but I believe they are the complementary qualities which, in tandem, drove the American Revolution. Our forefathers fought and died for liberty and independence, but they did so together. Today, as we seek freedom from dependence on foreign oil—and freedom from having to send our presidents to plead with the Saudis for more oil production—we must join together again, in the spirit of freedom and independence, to gain access to our own energy resources.

I say this to you not just as Alaska’s governor, but as the mother of a soldier—my son, Track, will soon be deploying overseas in service to his country and to a war that is certainly complicated by our dependence on foreign resources.

We must open ANWR and lift the ban on offshore drilling. The science and technology to harvest our resources responsibly and safely are in hand. The time for congressional action and leadership is now.

~ Sarah Palin

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Governor Palin ahead of the Curve on Rare Earth Metals

by Whitney Pitcher

Ed Morrissey has a post up at HotAir today discussing China’s hoarding of rare earth metals. Rare earth metals are needed for green energies such as the batteries in electric cars and in CFL light bulbs that will be mandated in the coming years, as well as in the cell phones and other technologies. Morrissey writes:

Elements required for critical components such as lithium batteries for electric cars cannot be found in massive quantities within the US, and a number of the rare-earth elements needed for these components are mainly found in China — which can be fairly described as an economic competitor of the US at the very least.  Today’s report from the Financial Times should drive that point home and send up red flags on “green” mandates, both literally and figuratively:

EPrices of some rare earth metals have doubled in just three weeks amid heavy stockpiling in China that has raised fears over global supplies.

China produces more than 90 per cent of the world’s rare earths, 17 elements used in hybrid cars, fluorescent lights and many high-tech applications. …

Japan and the US, the world’s biggest importers of rare earths, have repeatedly voiced concerns to China, while complaints from industrial users of rare earths have been growing. Last year, China cut their exports by 40 per cent and temporarily banned exports to Japan during a political dispute.

This news is something that Governor Palin warned about in October  2010 Facebook post where she wrote (emphasis mine):

Some of the countries we’re now reliant upon and will soon be beholden to can easily use energy and mineral supplies as a weapon against us.

The solution? Simply, please don’t elect politicians who cast votes that lock up our plentiful supplies. Please consider the case of China bending us over a barrel as it develops rare earth minerals while we ban mining. Please consider Venezuela and Russia and Saudi Arabia and Brazil (as we subsidize their off-shore drilling) and all other energy-producing countries as the Left locks up ANWR, NPR-A, and other American lands that are teeming with our own needed energy supplies.

“Drill, baby, drill and mine, baby, mine.” Yep, the mantra may be mocked by the Democrats, but serious consequences ensue when we let the Left make us rely on foreign countries to feed us energy. The joke is on us if they win.

America is already beholden to China due to our massive debt. Now, we are beholden to them because of our self-imposed green initiatives that have handcuffed us on multiple levels. President Obama’s plans to make us energy independent using green technologies cannot even be achieved when China is our main source of rare earth metals. We have the opportunity to drill for traditional and proven sources of energy that are just below our feet, yet the federal government  is handcuffing oil and gas rich states and coastal areas. Just last week, the Obama administration expressed opposition to a bill that would increase oil and gas development in Alaska.  This only makes us more dependent on foreign countries to provide needed resources for both green and traditional energies, not to mention material needed for communication technology such as cell phones. Governor Palin is both right and prescient once again.

Update: The Alaska Dispatch reports that Alaska has large quantities of rare earth elements, and the US House is proposing legislation aimed at developing these resources:

The cost of dysprosium oxide, used in magnets, lasers and nuclear reactors, for example, has risen to about $1,470 a kilogram from $700 to $740 at the start of the month.

Enter Alaska. A mine at Bokan Mountain near Ketchikan, to name just one, is thought to be one of the three largest sources of REEs [rare earth elements] in the U.S., probably the largest for dysprosium.

All told, Bokan Mountain is thought to hold about 3.8 million tons of REEs. As U.S. Sen. Lisa Murkowski put it, “more than enough to break China’s stranglehold on the market and protect America’s access to the rare earths that are vital to the production of cutting-edge technologies in this country.”

Alaska Department of Natural Resources Commissioner Dan Sullivan recently delivered to a U.S. House subcommittee last week in testimony on a couple of pieces of legislation aimed at finding and developing REEs. Read Alaska Dispatch coverage of his testimony here. And more coverage on REEs here, and here.

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Governor Palin and Forward Focused Leadership–Part I

by Whitney Pitcher

President Reagan once said, ” to grasp and hold a vision–that is the very essence of successful leadership”. One of the keys to leadership is being forward focused. This involves seeing beyond the next release of one’s polling data, seeing beyond the next budget, and beyond the next election. It involves seeing the possible barriers and knowing how to address them based upon the successes of the past while also seeking for ways to address problems in the future. However, so often politicians make decisions based upon their own selfish myopic vision or a vision based upon yet to be proven ideas. True leadership involves making decisions in light of what’s best for both the present and the future. When we look in particular at energy, we can certainly see that Governor Palin has exhibited forward focused leadership.

We aren’t energy independent, and energy prices are high because politicians have not had the political will to drill in America, which would both make us more independent and help increase the worldwide oil supply so that it is not so dependent on unstable countries. A forward focused politician like Governor Palin understand this very well. To address an energy price crisis, you must prepared for the crisis. You can’t be floundering looking for companies and speculators to demonize, nor be unable to offer true solutions. One major way to combat a potential crisis is essentially to prevent it and/or mitigate its effects. It is simple supply and demand economics, as Governor Palin discussed last night. If supplies are decreased and demand is held steady or increased, prices are going to go up. Unrest in oil rich countries like Libya have decreased supplies, which has influenced President Obama to call for the Saudis to ramp up their production. Additionally, he has praised and funded drilling in Brazil in hopes of helping America to be one of Brazil’s “best customers”. Neither of those supposed solutions bring America any closer to energy independence, nor are they the result of a forward focused plan.

Of course, the better option is to have been drilling here in America which would add to the supply of oil internationally in addition to adding to the economic, monetary, and the national security strength nationally. Governor Palin, of course, has been a strong and longtime proponent of drilling in places like ANWR. In 1996, President Clinton vetoed a bill that would have allowed drilling in ANWR. Liberals often poo poo such notions as drilling because it would supposedly take ten years for oil to be produced. Of course, it has now been fifteen years since President Clinton’s veto. Oil producers in Alaska could have been developing for at least five years by now, which recent estimated would result in oil production at a minimum of around a half million barrels per day.

Yesterday marked the one year anniversary since President Obama put a moratorium on offshore drilling following the Gulf oil spill. Although he has lifted the moratorium, he has been very slow in issuing permits, and the EPA, an additional regulatory arm of the Obama administration, has been antagonistic to offshore drilling. Governor Palin also has been very critical of President Obama’s offshore drilling moratorium. In fact, in response to a question on what she would do to help ease oil prices, she mentioned that she would not have instituted the drilling moratorium:

I never would have done what President Obama did and that’s engage in that moratorium after the tragedy in the Gulf with the spill. He should have been more sensible in figuring out what the problem was, what the solution was to the gulf spill but not take it out on the rest of the country and prohibit drilling onshore and offshore is what he did. 97% of our offshore area locked up after that and there still is a quasi-moratorium because the EPA is making it virtually impossible for drillers to be out there extracting responsibly the God-given resources that we have domestically.

[…]

Now the President is engaged now in what he wants to get to the bottom of with whether it be collusion, or price fixing, or speculators, what else is driving up the cost. Well he can look at other states like Alaska. We already did a study to find out was it collusion? Was it speculators? What was driving up the last big spike in gas prices? And we found that no, more than anything it is a supply-and-demand, a very basic economic principle, supply-and-demand.

These are not the words of a woman who is merely engaging in armchair politicking. Governor Palin was forward focused during her tenure a Governor. In addition to being a strong proponent of expanding energy development to help make America more energy independent through drilling for oil, she also acted to move development of natural gas forward through the development of a pipeline that would bring natural gas from Alaska to the Lower 48. As Governor, she moved a natural gas pipeline project further than any of her predecessors. A New York Times hit piece in March tried to attack AGIA, but all of the evidence points to AGIA as being right on target:

The New York Times also questions the progress of Governor Palin’s natural gas pipeline project–the Alaska’s Gasline Inducement Act (AGIA)–which will bring natural gas from the North Slope of Alaska through Canada to the Lower 48 as an additional means of achieving energy independence. Governor Palin’s pipeline project was done in a transparent free-market friendly manner with proposals available for public consumption— a far cry from the behind-closed-doors pipeline discussion with oil companies that were commonplace and unsuccessful in previous administrations. The New York Times argues that neither gas suppliers nor federal permits had been obtained for the project.

However, at the end of the first open season for bidding by gas suppliers this past summer, there were “several major players” who had submitted bids. Additionally, the pipeline company TransCanada and oil company ExxonMobil, both partners on AGIA-backed pipeline project, have had discussions with BP-ConocoPhilips to work together on the project. Additionally, the permitting process with both American and Canadian regulatory agencies has made “significant progress,” and the progress is right on track with time projections.

Following one of the early successes of this project nearly two years ago, Governor Palin was interviewed by Matt Lauer, where he questioned the need for the pipeline as natural gas prices were low at the time.Governor Palin called such an idea “short sighted” (see especially at the 2:15 mark and following):

Governor Palin is right about the need to make America energy independent when it comes to both oil and natural gas. She also was right to note the short sighted nature of evaluating future energy development entirely upon current prices. The most recent natural gas futures were at $4.58 per MMBtu (million British thermal units). When Governor Palin was interviewed in June of 2009, natural gas futures were at $3.56 per MMbtu. Prices have increased. Governor Palin was right to note that it would have been short sighted not to proceed when natural gas prices were low. As you can see in this chart here, natural gas prices are volatile, just as oil prices are. What is the best way to deal with both? Ensure that there are sufficient supplies produced in the United States. Increased domestic supplies soften the blow when instability in other energy producing nations affect the world energy market. Additionally, such efforts would provide jobs and protect America’s national security.

Critics may claim that someone who is forward focused on energy would be looking to green energy initiatives as President Obama has focused on green energy in his last three weekly addresses and in much of attempt to deal with the current high energy prices. Governor Palin has been rightly critical on the overemphasis of such initiatives, pointing to the failure of green energy in Spain that has crippled employment and contributed to their massive debt problem. Meanwhile, President Obama is pushing for electric cars that have proven to have major problems and are mostly re-charged on energy derived from fossil fuels like coal. Governor Palin recognizes that in the desire for energy independence, knowing what doesn’t work is just as important as knowing what does.

Part of leadership involves solving problems, but another part of leadership involves having the foresight to both prevent problems from happening in the first place and mitigate the effects when there are problems. This is why Governor Palin warned that not seeking energy independence would result in the federal government being tempted to tap into our strategic petroleum reserves. That is why Governor Palin has been a very vocal proponent for expanding offshore drilling and drilling on land in the United States. That is why she championed the natural gas pipeline to bring Alaska’s abundant natural gas to the Lower 48. That is why she has the justified skepticism with the social engineering disguised as “green energy” focus of the Obama administration. Governor Palin has shown that she has the leadership skills to be both a problem solver and a problem preventer.

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International Energy Dependence Vs. National Energy Independence

by Whitney Pitcher

President Obama and Governor Palin both gave interviews on Tuesday where they both discussed how to address rising gas prices. Interestingly, they both agreed– oil supplies need to be increased. In local interviews with a Virginia and a Detroit television station, President Obama called for increased supplies…from Saudi Arabia:

As the high cost of gasoline takes a toll on politics and pocket books, President Barack Obama says he is calling on major oil producers such as Saudi Arabia to increase their oil supplies to help stabilize prices, warning starkly that lack of relief would harm the global economy.

“We are in a lot of conversations with the major oil producers like Saudi Arabia to let them know that it’s not going to be good for them if our economy is hobbled because of high oil prices,” Obama told a Detroit TV station.

[…]

In interviews Tuesday with WXYZ in Detroit and in WTKR in Hampton Roads, Va., Obama said the message to major oil producers like Saudi Arabia is that an economy that buckles because of high oil prices won’t grow and won’t be good for them or for the U.S.

[…]

Obama said he has stressed the self-interest of oil producing nations, arguing that “if we’re not growing, they’re not going to be making money either.

“And so they need to increase supplies,” he told WTKR.

Of course, such a foreign-centric energy policy is nothing new for President Obama. He authorized billions of dollars for drilling in Brazil and has stated that he wants America to one of Brazil’s best customers. He has also lent nearly $3 billion to Colombia for oil refineries. He may be saying, “drill, baby, drill”, but not in English.

While he has called for increased supplies from the Middle East and has supported energy development in South America, he has been antagonistic to increasing supplies and developing energy from America. This includes moratoriums on offshore drilling and EPA over regulation, as Governor Palin discussed with Greta van Susteren on Tuesday:

I never would have done what President Obama did and that’s engage in that moratorium after the tragedy in the Gulf with the spill. He should have been more sensible in figuring out what the problem was, what the solution was to the gulf spill but not take it out on the rest of the country and prohibit drilling onshore and offshore is what he did. 97% of our offshore area locked up after that and there still is a quasi-moratorium because the EPA is making it virtually impossible for drillers to be out there extracting responsibly the God-given resources that we have domestically.

So that’s certainly a difference that I would have had with President Obama had I been in that chair. I would have said, no, we’re going to allow the domestic drilling and we’re not going to subsidize Brazil or other foreign countries and ramp up production in those countries as we promise that we’ll be their best customer if only they’ll drill more. No, I would concentrate on the domestic drilling here.

Of course, Governor Palin is right. Energy policy must be both present and future focused. That is why energy independence is key. It protects America’s economy, strengthens America monetarily, and shields America’s national security. When instability in the Middle East occurs, America would be better prepared to handle the effects of this unrest. Additionally, it would provide jobs that strengthen the American economy. Also, as Governor Palin pointed out later in that discussion, the devalued dollar also affects the increase in energy prices. Something that Governor Palin has sounded the warning bell on as early as October of 2009, when she discussed the interrelatedness of the value of the dollar, energy independence, and the national debt.

A recent regulatory decision by the EPA caused Shell to cancel plans to drill in the Arctic. Heritage reports that the EPA reached this decision because Shell did not properly account for the emissions given off by needed ice breaking vessels. This comes as a bit of a shock, as the alarmist, chicken little EPA would usually have us to believe that global warming has cause all Arctic ice to melt, and therefore, Shell would have no need for such a vessel to assist in their energy development processes.

Alaska is not the only state and the Gulf is not the only region to be affected by President Obama’s policies. His moratorium has affected the people of Virginia and the East Coast as well. A bill has been proposed to lift the moratorium on offshore drilling off of the Virginia Coast. Two of the sponsors of this bill represent the coastal area of Hampton Roads, VA, where President Obama did one of these local interviews where he discussed energy policy. I’m sure they would appreciate a moratorium to be lifted for the economic benefit of their town and the energy security of America.

H/T Doug Powers

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President Obama Knocks “Drill, Baby, Drill” in Energy Policy Speech

by Whitney Pitcher

As the Hill points out, in an uncharacteristic move, President Obama went off teleprompter to get in a dig at Governor Palin during his speech on energy this morning.

As shown in the clip above, President Obama stated:

But here’s the thing – we’ve been down this road before. Remember, it was just three years ago that gas prices topped $4 a gallon. I remember because I was in the middle of a Presidential campaign. Working folks haven’t forgotten that. It hit a lot of people pretty hard. But it was also the height of political season, so you had a lot of slogans and gimmicks and outraged politicians waving three-point-plans for two-dollar gas – you remember that-‘drill, baby,drill’-we were going through all that. And none of it would really do anything to solve the problem. There was a lot of hue and cry, a lot of fulminating and hand wringing, but nothing actually happened. Imagine that in Washington.

However, in his prepared remarks released to the press, this portion of his speech reads (emphasis mine):

But here’s the thing – we’ve been down this road before. Remember, it was just three years ago that gas prices topped $4 a gallon. Working folks haven’t forgotten that. It hit a lot of people pretty hard. But it was also the height of political season, so you had a lot of slogans and gimmicks and outraged politicians waving three-point-plans for two-dollar gas – when none of it would really do anything to solve the problem. Imagine that in Washington.

President Obama characterizes Governor Palin as an “outraged politician”. However, the Obama administration  has repeatedly claimed they don’t think about Governor Palin. This is not the first time that President Obama has taken a political shot at Governor Palin’s comment during a policy speech. In his speech in September of 2009 where he tried to sell his form of health care reform, he stated that the claim that Obamacare include “death panels” was “a lie, plain, and simple”. Of course, it has been shown again and again that “death panels”, rationing via bureaucratic decision making, are present in Obamacare. We have addressed this numerous times, here, here, here, and here to name a few.

Beyond the political shot at Governor Palin during what was supposed to be a policy speech, it is clear that President Obama sees every speech as a campaign speech. In 2008, Republicans, namely Governor Palin, saw “drill,baby, drill” as a mantra representing a solution to make America energy independent. However, when the America people bought the “hope and change” mantra over the “drill,baby,drill” mantra, there’s little wonder that ” nothing actually happened”, as President Obama said. Hope and change is little more than a platitude, yet in many ways, it is indicative of the energy policy that President Obama has implemented since he was elected.

Governor Palin has highlighted many of the wrong-headed energy initiatives that President Obama has touted are unproven and can only be pushed because liberals hope that they work. In her Facebook post earlier today, Governor Palin highlighted the “boondoggle” of President Obama’s support of electric cars:

It’s a lot more viable than subsidizing boondoggles like these inefficient electric cars that no one wants. I’m all for electric cars if you can develop one I can actually use in Alaska, where you can drive hundreds of miles without seeing many people, let alone many electrical sockets. But these electric and hybrid cars are not a quick fix because we still need an energy source to power them.

The promotion of electric cars as a means of reducing Americans dependence on energy is laughable, as the majority of the time these electric cars will be charged using electricity generated from fossil fuels, and like Governor Palin said electric cars are horribly impractical in many areas like Alaska.

Beyond this “hope and change” energy policy idea, President Obama is right to say that “nothing has happened”, because despite his claims that his administration has increased drilling, the opposite has happened. Yes, he has advocated for drilling, but his biggest recent push for drilling has been in Brazil, not America. He has been slow to issue deep water drilling permits, and a few of these have been for projects that started prior to last year’s oil spill, not new projects. Additionally, the EPA redtape has held up Arctic drilling for Shell until 2012. If he has promoted drilling, it’s akin to someone tying a runner’s shoes together, then telling them to go run a mile.

President Obama continues to also falsely claim that America has only 2% of the world’s oil resources. American Solutions highlights the fact that this number is taken from only taking into account the reserves where we are already drilling–not the billions and billions of untapped barrels of oil that we are currently not accessing, due in large part to what Governor Palin has characterized as a “moratorium in the Gulf of Mexico as well as the de-facto moratorium in the Arctic”. The 2% of worldwide oil resources is only in light of the fact that we are not drilling for oil where we do have it. In fact, a recent Congressional study showed that America has recoverable more fossil fuel–oil, natural gas, and coal–resources than any other country in the world. Governor Palin has often said that we have the resources, the workers, and the ingenuity for energy independence, all we need is the political will:

Cars and businesses cannot be fueled and homes cannot be heated by an energy policy of “hope and change”. However, when “drill, baby drill” is implemented bringing economic, monetary, energy, and national security, it not only contributes to an “all-of-the-above approach” to energy independence, but also addressing many problems we face in America.

As Governor Palin says, “2012 can’t come soon enough”.

Thank you to Sheya at C4P for providing both video clips.

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