Frackin' the Liberals

By John Ransom

Sunday, June 02, 2013

DagNabbit wrote: Ransom cracks me up: This is the same guy that screams "Burn more oil!" at the top of his lungs every week. You want to F the Saudis? Stop buying their oil. (PS: Now I'll make the Sunday edition where he goes on and on about how the Keystone pipeline will free us from the Saudi trap. Hint: It won't).

Dear Comrade DN,

I don’t scream, “Burn more oil!”

I scream: “Drill more oil.”

Comrade, it may come as a big surprise, but despite the wishes of liberals like you, our economy depends upon oil. That’s not a fact that’s likely not to change much in the next fifty years.

There are two ways to face this issue: 1) Use less oil; or 2) Find more oil.

I have no issue with using less oil if you can give me an economical alternative, but you can’t. Every policy that you and your liberal cadres want involves me opening up my checkbook and paying for energy schemes that don’t work, cost jobs and lead to higher prices.

And by the way, I don’t want to screw the Saudis, as you suggest I should. I was objecting to Saudi nationals being here who hate America. I also object to paying $95 per barrel of oil when the economy should be supporting prices closer to $55 per barrel. The $40 difference is mainly attributable to Obama and his nutty professors like Dr. Stephen Chu who thinks $5.00 a gallon gasoline would be a swell idea.  

But here’s the main point. We got a lot of oil here. Five years ago liberals teamed up with the “settled science” crowd to claim that we didn’t have enough oil and gas here in the United States to make a difference in our dependence on foreign sources of oil.   

But that’s not true, as even scientists now have to admit.

A new report from the UK research team at Price Waterhouse and Cooper confirms what we knew all along: We’re right and they’re wrong.

Really wrong; once-in-a-lifetime, disastrously wrong if grading on the scale the rest of us are subject to.

Grading on the liberal scale, however, it’s just normal, everyday, run of the mill errors in judgment, math, worldview, physics and fluid mechanics that liberals deal with all the time in an effort to “wish” the world to Utopia while their leaders are busy creating Dystopia for all but a select few.

This latest discovery that we are right and they are wrong, shouldn’t shock us.

Here’s the frightening truth: “Shale oil (light tight oil) is rapidly emerging as a significant and relatively low cost new unconventional resource in the US,” writes PWC in its February, 2013 report Shale oil: the next energy revolution. “There is potential for shale oil production to spread globally over the next couple of decades. If it does, it would revolutionise global energy markets, providing greater long term energy security at lower cost for many countries.”

PWC estimates the GDP increase to be between 2-5 percent in the US. Using today’s GDP figures that’s between $300 billion and $750 billion, with my estimate being a nice midway point in the PWC estimate.

As I have pointed out all along, the Keystone pipeline issue isn’t about the safety of a pipeline. Obama and enviro-whacko friends know that if they allow Canadian tar sands oil to be developed via the Keystone pipeline, that the US will also start to develop their own tar-sands and shale oil. The US contains well over 600 years of known reserves and that would allow the US to be a net exporter of oil. If that happens, the “green” economy ruse that the left has sponsored, already reeling from bankruptcies and cronyism, would collapse.

It would show that there is no shortage of oil and “green” energy can not compete with fossil fuels.

And of course the Left cannot afford that kind of nonsense.  Jobs and economic growth? Peace and prosperity? Where does it all end?

I can tell you this much Comrade Dag: In the future, it’s going to suck to be a liberal like you.