Drill here Drill now works - because it already has!
Once again the fraudulent message from the environmental activists in the EPA is being echoed by a willing media, claiming drill here drill now won't have an effect on gas prices when there is irrefutable evidence to the contrary. Where is the proof you ask? Currently there is one commodity that has not adjusted with inflation, is not tied to the devaluation of the Dollar, nor follows the rise in Gold and Oil.
America's Natural Gas is trading at 2003 rates and when adjusted for inflation is closer to 2000 rates. Why? Because multitudes of Americans are developing this vast resource not a handful of multinational concerns. They are bringing an abundant supply of American energy to the market; in New York State alone we have over 3000 gas wells.
Drill here drill now works! American ingenuity in energy technology has fostered a boom in natural gas prospecting. Hundreds of small to medium size American energy companies are creating tens of thousands of good paying jobs developing Americas vast natural gas deposits, leading the way for this energy of the future.
The same will hold true for gasoline. America produces about 6 million of the 20 million barrels a day of the national consumption. Current worldwide proven reserves equal 1 trillion barrels of oil with another 1.7 trillion in current and undiscovered reserve growth. Developing America's oil reserves by following the Natural gas trend will bring gas to about $1.90 a gallon at the pump. Allowing development of America's reserves alone would alleviate or dependence on foreign oil. Factoring in the estimated 2 trillion barrels of oil shale deposits America has over 250 years of oil reserves. The evidence is irrefutable we can do the same for Oil as is being done for Natural Gas. It's time to stop the government moratorium on domestic energy development and fuel the engine of American economic prosperity.
AlanAszkler@aol.com is a God, Family, and Country , Reagan Conservative who believes it is time to get the politicians out of Politics and allow American Ingenuity to restore our economy with American exceptionalism.