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Wednesday, August 06, 2008
Paul  Weyrich :: Townhall.com Columnist
Voter Responses to Fuel Costs
by Paul Weyrich
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When Congress returns after Labor Day the Republican Whip, Representative Roy Blunt (R-MO), will introduce the American Energy Act. He means it to be the definitive program his party should pursue as it faces the general election in a couple of months. The measure has three distinctive parts. First, there is American-made energy. The bill would open deep-water resources. He projects that this will add three million barrels of oil per day as well as 76 trillion cubic feet of natural gas. The bill would open the Arctic coastal plain, which would add one million barrels of oil per day. And it would allow development of the nation's oil shale resources, which could provide an additional 2.5 million barrels of oil per day. And it would cut the red tape so that more refineries could be built. We have not built a new refinery in 30 years.

Secondly, the bill has several provisions providing for conservation and efficiency. It would provide tax incentives for businesses and families which purchase more fuel-efficient vehicles. It would provide a monetary prize for being the first to develop an economically feasible, super-fuel efficient vehicle reaching 100 miles per gallon and provides tax incentives for both homeowners and businesses which improve energy efficiency.

The final section of the bill deals with new and expanding technologies. It would spur the development of alternative fuels through government contracting and the repeal of the Section 526 prohibition against government purchasing of alternative fuels. It would promote coal-to-liquid technologically alternative fuels and would establish a renewable energy trust fund using revenues generated by exploration in the deep ocean and on the Arctic coastal plain. It would permanently extend the tax credit for alternative energy production, including wind, solar and hydrogen. This bill would eliminate barriers to the expansion of emission-free nuclear power production.

For the past couple of years voters have paid little attention to anything the Republicans have said. The view has been that the GOP had its chance for a dozen years and Republicans blew it. Voters pointed to a major Democratic victory this fall. Then along came the energy issue. The Democrats are on the wrong side of energy issues and voters are listening to the Republicans again. Blunt wants the contrast between the parties to be clear.

While the price at the pump has declined somewhat and may decline a bit further it is unlikely that the price of gas will dip far enough so that it is no longer a political issue. In this case some House Republicans consistently have voted for oil and gas development and nuclear power while the House Democratic leadership has been against development. If Blunt has his way everyone in the country will hear about this. And if they do hear about the contrast the huge Democratic gains projected for this fall may not materialize.

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About The Author

Paul M. Weyrich is Chairman and CEO of the Free Congress Research and Education Foundation.
 
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Subject: Good on you Gov. Blunt!
This is great. I like the idea of a reward for development..People are greedy by nature and money and necessity drive their creative thinking.

Personally, I think that NAZI Pelosi and hard luck Harry need to be tried on treason and corruption charges.
Then, we should shoot the caribou and serve them up to all the people who are hungry because they have to put gas in their cars instead of food on their plates.
Gasp, PETA and ALF will have my head for that one..aw, who cares.. I'll volunteer for the hunt!
My message...DRILL NOW

Drilling now and making solar cheap enough for the average American makes sense. There's a lot to be said about the fellow who is harnessing the oceans tides to move pistons generating electricity too. Shale to oil, there are a huge number of ways that are being held back and we can't allow the "save the planet" freakjobs to undermine the American Way.
Americans are an ingenious lot and if we can get incentive and necessity together we'll be rid of middle east oil.

Holly
That is almost never true. Not shutting down for necessary repairs is what causes danger. When refineries make a lot of money (which is very rare) the owners have financial incentive to keep running and not shut down for required repairs.

It is therefore much safer to operate at around 85 to 90 percent capacity and take the time to make repairs. A refinery unit that is shut down for a few weeks can easily make up the lost production by running near 100 percent for a few weeks or months.

Hope this helps. I worked for 25 years in refineries all over the world as an engineer.

-- Roger E. Sowell
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