U. S. Oil Resources

Attorney General, Eric Holder, said we're a nation of cowards. No, but to some degree we are a nation of idiots and in economic straits we don’t have to be in. That is, enough of the populace to put a roadblock in the way of letting us make use of our own vast resources of oil and natural gas. They'd prefer to keep us beholden to hostile foreign nations for our oil needs. Our economy would skyrocket. The cost of energy to run our vehicles, heat our homes would be down and family budgets would be more manageable. Costs of all commodities and travel expenses would be lower. The fear of falling behind paying bills and mortgage payments could all but vanish and the entire economy would flourish. A good example of this is North Dakota where the unemployment rate is 3.5% and their economy is flourishing because of the income and revenue that's coming in through the use of their oil.

Whether the enviro ideologues like it or not, this country uses oil. And the means by which this country mines the oil is likely a lot more friendly to the environment than the way it's done in third world countries.

The United States is second only to Russia in its vast resources of oil and natural gas. The Internet has a world of information about this. Unfortunately, because of federal mandates due to the influence of wealthy environmentalists most of those stores are locked away. Check out the information this link leads to:

http://www.wealthwire.com/aqx_p/25727?gclid=CO3PiOjGhagCFdMD5Qodsk9fJw

Watch this program on You-Tube or go to my post on Facebook "Are we running out of resources?" by Professor Horwitz:

http://www.youtube.com/watch?v=AcWkN4ngR2Y

The income and the wealth we would create by energetically producing our oil and natural gas would enable us to ambitiously research and develop renewable sources of energy and provide the hope for a time when fossil fuels would be found to be almost entirely obsolete as a source of energy. We don’t have to keep the country in a state of chaos by keeping oil resources off limits to incentivize us to develop renewable sources of energy.

Not being independent of foreign oil also creates complications with our foreign affairs, especially with hostile Middle East Nations. And the wealth it would create would enable us to clear up our debt to other nations. We currently owe China close to a trillion dollars and Japan 8.6 billion. Iran and Libya, of all places, are also on the list of our creditors.