Those of us who are convinced that hydrocarbon resources are in finite supply, and that we might be challenging the limits of its availability, are often reminded of the many flaws in our logic. For instance, we are encouraged to remember the power of the market. When the price of scarce hydrocarbons gets high enough more will appear. The invisible hand of Supply and Demand will guarantee that we can produce what we need. Maybe more expensive, but there. Others implore us to take into account the force of technology. The ingenuity of man will come through as it always has. Like the market, when there is a need there will be a solution.
This author however reminds us of another way that we have misjudged our predicament. It seems that the energy is there if only our poor energy companies were not throttled by the powerful government bureaucracies and all consuming environmental organizations. In other words, we are not short of energy resources, we are merely keeping ourselves from using it. He doesn't mention that we have had a national administration in power for six years that came from the oil industry and instead of tearing down those impenetrable barriers set up by the environmental juggernauts that control our country's resources they invaded a weak middle eastern country to insure our oil interests there. He also mentioned that we have not built a refinery in 30 years. I don't think he mentioned, however, that a refinery was proposed in the western United States last year and it wasn't built because, after getting all of the environmental approvals they needed, they couldn't find anybody that would guarantee a supply of oil that could be refined.
He is obviously unwilling to accept any restraints on our use of resources that might limit his lifestyle. If he could just roll back those pesky rules and regulations he would get us all the energy we would need. That may have made some sense a couple of decades ago, but I would think that the immediate threat of Global Warming would have been a strong enough signal that, hey, maybe the environmentalists have a point here.
[Link: Daniel J. Popeo: The state of our energy is dangerous - Examiner.com]
No comments:
Post a Comment