The Journal-Register
May 28, 2008 07:03 pm
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I came across an interesting article concerning the gas prices from which barrels of oil are the resources. The Investor’s Business Daily, May 19, article started: “With the price of oil spiking above $127 a barrel, the search for scapegoats has begun. Some point to the Saudis, OPEC’s No. 1 producer. Others blame the oil companies. We have a better candidate: Congress.”
Recently the State Appropriations Committee refused to end the oil shale development in Colorado. Colorado’s Sen. Wayne Allard said, “This is a vote that would make a different in people’s lives.” The vote in the Senate Appropriations Committee lined up with 14 Republicans for and 15 Democrats against.
There are some 1 trillion barrels of oil locked up in shale in Canada and the U.S. The article goes on to say that the same Congress has refused to allow drilling in Alaska’s Arctic National Wildlife Refuge. This area holds at least up to 20 billion barrels of crude and offshore drilling of another 30 billion barrels.
With Congress failing to approve the oil in shale in Colorado, “Congress has set us on a path to less energy, higher prices and wakened national security.” So when you pay for higher prices at the pump think about what Congress is “not” doing to help in lowering the gas price.
I don’t even have an easy answer for lower gas prices, but, a little done here and there will influence lower gas prices. Let’s talk with our congressmen.
The Rev. Earl H. Bell, retired
Medina
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