Energy Archives - Page 26 of 26

McCain has an energy plan. Obama? His is the same one used by Jimmy Carter. Remember him?

September 26, 2018June 17, 2008 Steve MacDonald

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SECURING OUR ENERGY FUTURE

For Immediate Release
Tuesday, June 17, 2008

Today, John McCain outlined the growing energy challenges facing our Nation and the need to reform our energy sector. Over the coming weeks, John McCain will lead a dialogue with the American people about their energy concerns, and the goals that we must set now to end our dependence on oil.

· John McCain Will Break From The Failed Energy Policies Of The Past And Lead A Great National Effort To Achieve Energy Security For A Peaceful And Prosperous America. Working with the leading energy experts inside and outside of the sector, John McCain will work to design and implement the right energy policies that will effectively govern our energy future by enhancing our economic stability, national security and environmental protection.

Our Growing Energy Challenges

The United States And Our Economy Are Overly Dependent On Foreign Sources Of Oil. America currently imports approximately two thirds of the oil it needs. Petroleum products (including diesel and jet fuel) provide 94 percent of our transportation fuel and over 60 percent of that transportation fuel comes from foreign sources. We have doubled our imports of foreign oil in the last 30 years which is a clear failure of leadership from both political parties, the Administration and Congress.

American Dependence On Foreign Sources Of Oil Contributes Wealth To Undemocratic Governments, That Are Both Supportive Of, And Vulnerable To Terrorist Attacks. Oil revenues are enriching the enemies of the United States. Iran alone receives more than $66 billion a year from oil sales. By relying upon oil from the Middle East, we not only provide wealth to the sponsors of terror — we provide high-value targets to the terrorists themselves.

Increased Oil Prices Effect More Than Just Fuel For Our Cars. In recent months, the world has seen an overall increase in the price of food. This is a direct result of increased fuel prices for transportation and the redirecting of grains and feed towards ethanol for our fuel supply.

America’s Increased Dependence On Foreign Sources Of Oil Is Resulting In An Increase In Our Trade Deficit. Since 1973, the United States has gone from importing 6 million barrels of oil a day to 12 million barrels per day with petroleum payments comprising 41 percent of the U.S. trade deficit ($293 billion of $759 billion).

America Needs To Reform Its Energy Portfolio To Rely On Both New And Proven Sources Of Energy. The United States needs to advance its research on clean, alternative energy sources like solar, wind and clean coal, while at the same time recommit itself to expanding the use of nuclear power.

Breaking Our Dependence On Foreign Sources Of Oil

Guest Blog Post by Grant Bosse: Energy

September 26, 2018May 21, 2008 Steve MacDonald

President Bush makes a few good points…

September 26, 2018May 4, 2008

Pres Bush (GG file photo by Doug)

In his radio address this week, President Bush raised several good points about the economy and what we should be doing about rising enegy costs. While I’m not all that "stimulated" by the so-called rebate checks coming our way, I do know many people that DO need that money, and it will help, no doubt. If the government is going to spend money to buy our way out from a recession, at least by giving it directly to the people, it lets US decide how and what to spend it on. (This is how I’m viewing it, anyway, because then it makes me less uptight when I think about the thing…)

The radio spot hit on several items near and dear to where I’m at: Drilling in Alaska, build refineries, and restart the nuclear power industry. Additionally, he rightfully bags on the farm bill, and, yes, he once again calls on Congress to make his tax cuts permanent…

THE PRESIDENT: Good morning. This week, the Commerce Department reported that GDP grew at an annual rate of six-tenths of a percent in the first quarter. This rate of growth is not nearly as high as we would like. And after a record 52 months of uninterrupted job growth, April was the fourth month in a row in which our economy lost jobs, although the unemployment rate dropped to five percent.

My Administration has been clear and candid on the state of the economy. We saw the economic slowdown coming, we were up front about these concerns with the American people, and we’ve been taking decisive action.

In February, I signed an economic growth package to put more than $150 billion back into the hands of millions of American families, workers, and businesses. This week, the main piece of that package began being implemented, as nearly 7.7 million Americans received their tax rebates electronically. Next week, the Treasury Department will begin mailing checks to millions more across the country. And by this summer, it expects to have sent rebates to more than 130 million American households. These rebates will deliver up to $600 per person, $1,200 per couple, and $300 per child.