Showing posts with label foreign oil. Show all posts
Showing posts with label foreign oil. Show all posts

Saturday, May 1, 2010

Some thoughts on the Deepwater Horizon oil spill


Ten days ago when the Deepwater Horizon rig exploded it appeared that not many were concerned about the possibility of a massive oil spill like the one we are seeing today. I found it odd, that there seemed to be far less preparation for such an event. Time will tell if the administration and BP acted appropriately. For now, we are staring at an environmental nightmare.

As the oil spill starts to reach the Louisiana coast, we are just beginning to realize what kind of impact this spill will have on the wildlife, ecosystems and the economy of that region. Of course the anti-domestic drilling forces will, for the short term, score a tremendous victory. How can they not? With each passing day, week and month we will see the physical evidence of the risks to offshore drilling. This spill has the potential to make the Exxon Valdez spill look like a mud puddle.

This is why I find it pretty brave for Sarah Palin to step up and continue her mantra of drill baby, drill. Already, the left is beginning to mock her for her continued push for domestic drilling. It is a very easy thing to do when the evidence is currently on their side. However, there are some powerful truths to Palin’s argument. 
Alaskans understand the tragedy of an oil spill, and we’ve taken steps to do all we can to prevent another Exxon tragedy, but we are still pro-development. We still believe in responsible development, which includes drilling to extract energy sources, because we know that there is an inherent link between energy and security, energy and prosperity, and energy and freedom. Production of our own resources means security for America and opportunities for American workers. We need oil, and if we don’t drill for it here, we have to purchase it from countries that not only do not like America and can use energy purchases as a weapon against us, but also do not have the oversight that America has. 
We need the oil! This is the unshakeable truth we should not lose sight of as the whole Deepwater Horizon fiasco unfolds. Yes, there are real risks to offshore drilling. No one can deny that now, but we must not deny the fact that even if a new energy source was discovered today, it would be decades before that new energy source can fully replace oil, until then oil is what we need. We can continue to delude ourselves that buying oiling from dangerous regimes won’t backfire on us someday. We can continue to delude ourselves that that our national debt is not at the breaking point and we can afford wild fluctuations in oil prices. We can continue to delude ourselves that letting less developed nations irresponsibly extract oil for us is somehow saving the planet. Or we can put our emotions in check and face the stark realities before us. We need the oil.

So as the Deepwater Horizon nightmare unfolds, let us suppress the obvious emotional responses to the devastation. Instead let us go forward with clear thinking and a true understanding of our economic and political realities. We can learn from this fiasco how to make offshore drilling safer. We can learn from the fiasco how better to protect our environment from such accidents. We can learn from this fiasco our energy needs come with risks. The current economic and political realities of our energy situation leave us little choice.

Friday, December 18, 2009

Iranians seize Iraqi oil well



From Breitbart

BAGHDAD (AP) - Iranian troops have crossed into Iraqi territory and seized an oil well that lies in a disputed area along the two countries' southern border, Iraq's deputy foreign Minster said Friday.

The deputy minister, Mohammed Haj Mahmoud, said Iranian troops seized oil well No. 4 Thursday night in the al-Fakkah oil field, located about 200 miles (about 320 kilometers) southeast of Baghdad. The oil field is one of Iraq's largest.
Oil prices rose slightly after news of the incident.

"We are coordinating with the Oil Ministry regarding this issue. This is not the first time that the Iranians have tried to prevent Iraqis from investing in oil fields in border areas. Tomorrow, we might summon the Iranian ambassador to discuss this issue," Mahmoud told The Associated Press.
The al-Fakkah field is considered a shared field between Iran and Iraq, meaning both nations are able to pump oil from it, but the Iraqis consider oil well No. 4 theirs.
In Washington, a U.S. official said that although Iranians have crossed the border before, they had not previously ventured this far.

It appears that Iran and Iraq play a funny little game of tag with the oil fields on the border. This from Associated Press
The field is about 500 metres (yards) from an Iranian border fort and about 1 kilometre from an Iraqi border fort, US Colonel Peter Newell said, adding that it falls on the Iraqi side of a border agreed between the two countries.
There are five other similar fields that also fall into disputed territory, he said.
"What happens is, periodically, about every three or four months, the oil ministry guys from Iraq will go ... to fix something or do some maintenance. They'll paint it in Iraqi colours and throw an Iraqi flag up.
"They'll hang out there for a while, until they get tired, and as soon as they go away, the Iranians come down the hill and paint it Iranian colours and raise an Iranian flag. It happened about three months ago and it will probably happen again."

Whether this is just another game of tag or have the Iranians turned serious, remains to be seen. On thing for sure is a stronger hand in dealing with Iran is long over due.  Now that Obama has failed in Copenhagen, perhaps he will turn his attention to real dangers.

Via: Brietbart

Thursday, August 20, 2009

Sarah Palin: Your Tax Dollars Hard At Work: First Cars, Now Foreign Oil

Via: Sarah Palin's Facebook page

Today's Wall Street Journal contains some puzzling news for all Americans who are impacted by high energy prices and who share the goal of moving us toward energy independence.

For years, states rich with an abundance of oil and natural gas have been begging Washington, DC politicians for the right to develop their own natural resources on federal lands and off shore. Such development would mean good paying jobs here in the United States (with health benefits) and the resulting royalties and taxes would provide money for federal coffers that would potentially off-set the need for higher income taxes, reduce the federal debt and deficits, or even help fund a trillion dollar health care plan if one were so inclined to support such a plan.

So why is it that during these tough times, when we have great needs at home, the Obama White House is prepared to send more than two billion of your hard-earned tax dollars to Brazil so that the nation's state-owned oil company, Petrobras, can drill off shore and create jobs developing its own resources? That's all Americans want; but such rational energy development has been continually thwarted by rabid environmentalists, faceless bureaucrats and a seemingly endless parade of lawsuits aimed at shutting down new energy projects.

I'll speak for the talent I have personally witnessed on the oil fields in Alaska when I say no other country in the world has a stronger workforce than America, no other country in the world has better safety standards than America, and no other country in the world has stricter environmental standards than America. Come to Alaska to witness how oil and gas can be developed simultaneously with the preservation of our eco-system. America has the resources. We deserve the opportunity to develop our resources no less than the Brazilians. Millions of Americans know it is true: "Drill, baby, drill." Alaska is proof you can drill and develop, and preserve nature, with its magnificent caribou herds passing by the Trans Alaska Pipeline System (TAPS), completely unaffected. One has to wonder if Obama is playing politics and perhaps refusing a "win" for some states just to play to the left with our money.

The new Gulf of Mexico lease sales tomorrow sound promising and perhaps will move some states in the right direction, but we all know that the extreme environmentalists who serve to block progress elsewhere, including in Alaska, continue to block opportunities. These environmentalists are putting our nation in peril and forcing us to rely on unstable and hostile foreign countries. Mr. Obama can stop the extreme tactics and exert proper government authority to encourage resource development and create jobs and health benefits in the U.S.; instead, he chooses to use American dollars in Brazil that will help to pay the salaries and benefits for Brazilians to drill for resources when the need and desire is great in America.

Buy American is a wonderful slogan, but you can't say in one breath that you want to strengthen our economy and stimulate it, and then in another ship our much-needed dollars to a nation desperate to drill while depriving us of the same opportunity.

- Sarah Palin

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