Comments on: U.S. Inches Toward Goal of Energy Independence https://habitablezone.com/2012/03/24/u-s-inches-toward-goal-of-energy-independence/ Fri, 03 Apr 2026 22:41:18 -0700 hourly 1 http://wordpress.org/?v=3.3.1 By: ER https://habitablezone.com/2012/03/24/u-s-inches-toward-goal-of-energy-independence/#comment-12862 ER Sun, 25 Mar 2012 00:32:22 +0000 http://habitablezone.com/?p=11699#comment-12862 So how are the Republicans going to use Obama's alleged discouragement of developing domestic reserves as a weapon against him during the campaign? According to that graph, he has been following the Bush energy exploration policy since he took office, something you'd never guess by listening to the campaign rhetoric. Even more important, how are we going to prevent these new resources from being sold to nations willing to outbid us for it on the world market? It looks right now like no matter how much we pump, prices will be determined by the Chinese and the Indians and market speculators, not what hole in the ground the oil comes from. So how are the Republicans going to use Obama’s alleged discouragement of developing domestic reserves as a weapon against him during the campaign? According to that graph, he has been following the Bush energy exploration policy since he took office, something you’d never guess by listening to the campaign rhetoric.

Even more important, how are we going to prevent these new resources from being sold to nations willing to outbid us for it on the world market? It looks right now like no matter how much we pump, prices will be determined by the Chinese and the Indians and market speculators, not what hole in the ground the oil comes from.

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