Curb the Addiction

In a previous post, I touched on the notion that President Obama should be engaging in “more talk…less action.” Let me briefly expand on that idea.

America is addicted to foreign oil. We’re excessively dependent on companies overseas. If the BP spill isn’t an indication that offshore activity is hazardous and risky, I don’t know what is.

It’s interesting to pin the Obama administration’s handling of this crisis up against the Bush administration’s handling of Katrina. In contrast to the handling of Katrina, response time to the spill has been fast, methodical, and cost-efficient. But Obama should learn from Bush’s handling that he needs to take action to prevent this from happening again.

There’s an old saying, “Never let a crisis go to waste.” Once the Obama administration has cleaned up the mess and dealt with the immediate aftermath of this situation, it needs to use this as a turning point for drilling policy to end offshore drilling and dependence on foreign oil. While this is, indeed, a tragedy, it is important to take advantage of this opportunity. So far, Obama has stayed lukewarm. He said, on April 20, that he “continue(s) to believe that domestic oil production is an important part of our overall strategy for energy security.”

Mr. President, it’s time to face the facts, fulfill campaign promises, and do what is morally and fiscally right–not what will gain Republican support.


2 thoughts on “Curb the Addiction

  1. We are not addicted to foreign oil. We preferentially use it because (1) we do not produce adequate domestic oil and (2) oil is cheaper than any other form of energy. So we are no more addicted to it than any other product we choose to buy because it is better or cheaper than its competition. There is no question that this disaster will have some terrible consequences, which hopefully will all be in the short-term. Nevertheless, off shore drilling is much safer than importing oil since tanker disasters are more frequent than oil rig spills.

    Let me recommend a good primer to get you up to speed on economic fundamentals: “Basic Economics” by Thomas Sowell.

    And regarding oil drilling, here’s a good editorial: Yes, Keep Drilling

    Moreover, happy birthday!

  2. Albert: We are completely addicted to foreign oil. Not only is it an environmental concern for us to continuously be using this harmful energy source, it hurts our national security. Right now, clean energy sources such as solar and wind make up less than 10% of our nation’s energy sources. However, these energy sources would be one of the best ways to get off of oil, and become a world leader in renewable energy. We should heavily invest in this because a) it will create jobs b) be environmentally sound c) help our national security.

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