Thursday, September 25, 2008
Big Win for Republicans, Bigger Win for the American People (Potentially)
The end of the congressional moratorium on commercial development of oil-shale is a big win for Republicans who have made this a talking point during this election cycle, and a bigger win for Americans who want a common sense approach to energy production and development of natural resources in the United States.
No one pretends that either this or expanded off shore drilling will fill all of America’s energy needs in the future, but a rational approach, to me, is a mixed approach that leverages new technologies and techniques to power our economy with everything from natural gas and clean(er) coal to oil shale and petroleum to wind and solar. And throwing in a series of nuclear power plants wouldn’t hurt my feelings, either.
The funny thing is that for this to happen, all it took was for congress to sit back and fail to act. I’m pretty sure there’s a lesson in there somewhere…
Hopefully the restrictions and lease terms put in place by the BLM won’t make it impossible for development on these new resources.
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