That is how much Obama’s policy on oil drilling is going to cost us:
Restrictions on oil and gas drilling will cost the U.S. economy $2.36 trillion through 2029, according to a study requested by state utility regulators and paid for in part by industry-sponsored groups.
Drilling restrictions in Alaska’s Arctic National Wildlife Refuge and off the U.S. coastline are blocking access to about nine years’ worth of U.S. oil and gas consumption, according to the report. Among sponsors are the National Association of Regulatory Utility Commissioners and the industry-funded Gas Technology Institute, of Des Plaines, Illinois.
Obama is stealing from the future in two ways – by borrowing our grand-childrens money, and by taking away their ability to earn money.
As I’ve been yammering endlessly on about, we need to start a crash course in making, mining and growing our own stuff. The oil and gas is on our soil and off our coasts – surely we can work out a means of obtaining it with minimal environmental impact. But, impact or no, we must obtain it. We all hope for the day when oil and gas won’t be necessary – but that day is, at best, decades away. Meanwhile, we’re fools for sending our money to enemy States for their oil while we have our own.
It is time we started acting like we live in the real world. The liberal dream – nightmare, really – is dead. Time to wake up, and get back to work.
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