U.S. oil and gas exports are at their highest in 62 years! http://sfgate.bloomberg.com/SFChronicle/ Story?docId=1376-M03ZSG0YHQ0X01-5JR0G692MBGTE60AIHP5SP9EJ8. Demand for oil/gas from foreign countries has increased tremendously while the U.S. has drastically reduced demand over a short period of time. What does this mean? It means that the big push to open up drilling in pristine Arctic wildlife areas, or to abscond land from private citizens in order to run a new pipeline, or the rounding up and slaughter of our free range wild mustangs, bison, wolves, etc., in order to clear them from the land like scooping up garbage instead of living creatures has nothing at all to do with our own energy welfare but for foreign countries. It means we’ve pretty much gained energy independence from terrorist nations. It means that we’re not running out of oil for our own consumption or that we need to drill baby drill. It simply has to do with big oil supplying that which we no longer need to foreign nations for big profits because there is demand out there. And when supply keeps up with increasing demand prices go up everywhere. It’s economics 101 http://www.investopedia.com/university/economics /economics3.asp#axzz1ny6hzw4F plain and simple that has little to do with us, except the fact we pay for it dearly at the pumps, while we still subsidize big oil. http://thinkprogress.org/green /2012/03/01/436001/obama-tells-congress-to-eliminate-outrageous-big-oil-tax-breaks/.
Now do we understand why there is such an outrage among some of us over subsidies, over the destruction of wildlife, and over the destruction of land for drilling/pipelines for a private, wealthy industry like big oil? Subsidies are taxpayer dollars to help big oil find new places to drill, places we do not want them to drill, places we do not want pipelines, yet we help these mega, mega rich private entities with our money. Feels like some sort of investment to me. We helped the U.S. auto industry out one time with a finite sum of money, most of which has been paid back, but not before there was a huge outcry that we’d better get it back and we shouldn’t have done that. Yet our taxpayer dollars consistently fund big, mega rich entities like big Ag and big Oil. Our payback right now from big oil is a continual increase in gas prices at the pumps. One would think that we should have some say so over that. Oh that’s right in most of the commercials about taxing big oil, or stopping subsidies, the people on the street remark, “Oh, don’t do that. That would mean a big increase for us and we can’t afford it.” So who’s the bully here and why is the bully so free to raise prices whenever? Oh that’s right too, we’re told those pesky government regulations/interference hinder big business and jobs. What’s happening at the gas pumps is what unfettered capitalism looks like. If Obama stepped in on our behalf, all hell would break lose. http://www.blogsmonroe.com/world/2012/01/oil-lobbyist-publicly-warns-president-obama-xl-pipeline-or-lose-presidency/.
Now that we’ve seen the proof that there is enough U.S. oil/gas to export so much of it, we must also be aware that any new pipelines from new sources of oil, like Canada’s tar sands via the XL pipeline, isn’t destined for us either. As I explained in another blog the XL pipeline will be carrying filthy tar sands to China mostly http://www.blogsmonroe.com/world/2011/11/xl-pipeline-looks-to-be-a-good-deal-for-china-not-americans-alternate-route-through-british-columbia-being-considered/. It will cause demand for the stuff to go sky high, with a huge supply in the waiting, and we’ll see another hike at the pumps.
It’s almost as if this is big oil’s payback to us for declining use of their product for environmental reasons. It looks that way in congress too with lackeys for big oil stifling any incentives for wind projects even though wind looked like the most promising alternative for the U.S. The U.S. mid-section is a corridor of constant wind, as well as, our huge shoreline. But congress stifled wind subsidies/incentives http://www.democraticunderground.com/101454189. And solar, well, solar is quiet right now after the dragging of feet to get Solyndra going before China flooded the market with their cheap, incomparable products http://www.blogsmonroe.com/world/2012/01/solyndra-a-model-of-why-the-u-s-wont-be-a-contender-in-the-new-world-order/. All of these scenarios–threatening commercials to raise prices if subsidies decline or taxation increases, stamping out the competition through congress, and creating more and more demand abroad, look as if we’re being coerced back to using oil. And if demand for our oil gets too outrageous, a shortage crisis will emerge—MARK MY WORDS—where it will be imperative that we drill everywhere and anywhere. We will be told our own resources are dwindling and there just aren’t enough alternatives to take up the slack. What a setup. If incentives to create and nurture a new green sector for the U.S. are cut out of the picture what choice will we have though? Looks like a plan to me.
Throughout my previous blogs I made comments about the progression of control I was seeing relative to energy and the environment. I began in the Bush era by saying, “The kings are polishing their crowns. From there it was, “The kings have donned their crowns but just haven’t announced it yet.” When SCOTUS announced corporations are considered citizens, my comment was, “This is the announcement (new kings).” Now we’re seeing a little more clearly those that are sporting crowns and one of them is big oil, king and ruler of U.S. energy, whether we want to move away from it or not.
Read more about U.S. oil exports:
http://www.usatoday.com/money/industries/energy/story/2011-12-31/united-states-export/52298812/1