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April 26, 2006

Let's Learn From Brazil

If we really are sick of high oil prices, maybe it's time to stop indulging in moonbattery and do something rational about the problem. If food prices were getting high, what would we do:

  1. Chastise ourselves for being addicted to food?
  2. Chew on bark and twigs instead of eating?
  3. Accuse farmers of profiteering and drive them out of business with punitive taxes?
  4. Increase the supply of food?

Brazil has opted for the equivalent of (d), and consequently has achieved the security of energy independence. Part of their approach involves ethanol, but as Investor's Business Daily points out, "the heavy lifting came from aggressive oil drilling offshore." When their newest deep-water rig is up to full output later this year, it will produce more than Brazil's entire ethanol program. Offshore drilling supplies 80% of the country's oil supply.

The USA has similar resources, but tragically is prevented by left-wing foolishness from taking advantage of them. Thanks to the undue influence of environmental extremists on bureaucrats, drilling for oil up to 200 miles off our shores has all but stopped.

Meanwhile, Fidel Castro is drilling 35 miles off the Florida Keys. Communist dictators are allowed to do this; American oil companies are not. Too bad Castro doesn't have access to ANWR; at least then its massive oil reserves wouldn't go to waste.

Letting government thugs loot the corporations that get oil from out of the ground into our gas tanks won't lower prices. Only two things will: reduced demand and increased supply. Reduced demand would entail increased unemployment and poverty. But the only downside of increased supply is that the oil companies that supply us with our lifeblood would continue to make an honest profit, to the chagrin of our socialist media.

Hat tips: Byron, The American Thinker

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If we want cheap oil, we just might have to drill for it.

Posted by Van Helsing at April 26, 2006 9:28 PM

Comments

Great post!! I totally agree and am getting ready to post on this. I am getting so ticked off at how everyone is blasting the oil companies for this.

Posted by: Little Miss Chatterbox at April 26, 2006 11:48 PM

Not just the left opposed to off shore drilling.

The most influential opponent to it is Gov. Jeb Bush (R-FL), whose state's shores could produce the most oil in the US.

He's intervened on at least two occasions with his brother in the White House to block off-shore drilling plans.

Posted by: Ronald Reagan at April 27, 2006 9:36 AM

If that's true then he needs a good kick in the pants.

Having said that, there are possibly reasons for his behaviour. Florida makes a lot of momney from tourism. perhaps he's imagining a bunch of rigs sitting 100 yards off Miami beach that would drive away tourists with their smell and black stuff.

I never said they were good reasons. But at least that - if it's a factor - is a better reason than Kennedy's "I might be able to see them from my yacht!" blocking of a wind-farm.

Posted by: Archonix at April 27, 2006 9:46 AM

In a country that has paid farmers to NOT grow crops lest they glut the market, it's time to start paying them to grow crops for ethanol conversion.

Furthermore, the southwest of this country (if it doesn't get handed over to the mexicans soon) needs to invest more in solar energy...they have an overabundance of sunshine. There's a huge solar project breaking ground in New Mexico soon...this is way overdue. Oil is only one resource, it shouldn't dominate.

Posted by: Jael at April 27, 2006 11:48 AM

All good points here and in comments, BUT the "We're from the Government and we're here to help you" types bear lots of responsibility too. The EPA in its wisdom mandates the nation be supplied with many "botique" gasoline blends that complicate supply and add to cost.

The poisonous pollutant MTBE additive of recent memory was replaced with ethanol (vodka wo water) and now supplies are lacking to comply - the Prez should cancel this whole nutty oxygenate program and do ANWR and offshore drilling by Executive Order!

Posted by: Bergbikr at April 27, 2006 12:02 PM

The most efficient crop for ethanol conversion is typically sugarcane, which doesn't grow well in most parts of the continental US. In fact it's unlikely it'll grow well anywhere north of the carribbean... though it's worth a try. Sugarcane offers advantages over crops like corn and rape in that the left-overs from crushing it can be used to power the processing plant, which makes it energy neutral and often a net producer of electricity. This is why the Brazillians love it so much.

Posted by: Archonix at April 27, 2006 2:39 PM