Monday, July 21, 2008

Raquel Okyay on Oil

Raquel Okyay points out that close to 70% of voters agree with Senator McCain:

"that the ban on offshore drilling should be lifted to ease the price of oil. Leading Democrats are still trying to prevent oil companies from offshore drilling, even with the high poll numbers against them."

Okyay points out:

"We want drilling because it makes sense to exploit our own resources instead of paying for oil elsewhere. There is a way to accomplish this goal without losing sight that renewable energy is the way of the future. Pelosi apparently has other things on her mind when determining whether offshore..."

The oil debate is an example of how America's commitment to socialism has crippled it economically. There ought not to be public debate concerning how to best obtain energy. The reason that we do not use alternative energy is that state and federal policy has inhibited the building of wind mills and has made risky investments difficult to make through regulation, inflation, taxes and other penalties to inventors. America becomes increasingly poorer as our Congressional Neros fiddle in Washington, dabbling in oil investing and exploration, subjects about which they know little. It is time to de-regulate the energy markets and stop penalizing inventors by taxing and harassing them when they succeed.

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