Investors Business Daily takes on Congress for declining oil production.
The unintended consequence of the Congress members’ poor judgment and meddling micromanagement of U.S. energy policy is that they actually hurt most the very people they always profess to be able to help — the average American consumer, lower-income workers and those in the inner city who can’t afford an extra $100 a month to drive to and from their jobs.
and they continue…
Democrats kowtowed to the wishes of their environmental supporters over the basic needs of 300 million American citizens.
It is a national disgrace that all they now know how to do is relentlessly criticize, complain and condemn. They always attempt to blame, investigate and scapegoat someone else, in this case U.S. oil companies, when Congress is the true villain of ineptness for constantly blocking and obstructing every effort for us to become more productive and less dependent on foreign oil
.
and their proposed solution…
Only after we first announce to the world a bold new change in our policy by proclaiming that we intend to begin drilling in ANWR and selected outer sea areas, plus adopt new conservation programs, will the release of oil from our reserves have a major impact on breaking the price of oil.
and this…
If our congressional leadership can’t muster the courage to begin reversing past mistakes now and allow our companies to drill in ANWR and off-limits offshore areas, and build essential refineries and safe nuclear power plants, what will an even-more-discredited Congress do in 2009, 2010 and 2011, when millions of new city dwellers in China and India will be driving the cars their countries are now producing, thereby materially increasing their already huge demand for oil and gas?
Still it’s nice to know global warming is stopped in it’s tracks. Of course, it’s been stopped for a number of years already.
