I agree with you with a couple of exceptions.
1) shale gas- the process for extraction isnt safe yet. As the industry finds ways to protect the ground well water from the extreme pollution effects of the extraction, I am sure at some point it will be a safe process and wont put people at risk. The real problem is what to do with the contaminated water after it is used. That water has to be extracted itself then professionally removed and disposed of. You just cant put that water anywhere. I have a few suggestions, like using the water on the grass at senior citizens retirement golf courses, or putting out the fires in texas, but those are only suggestions.
2) Drilling our own oil. This is the idea that has been sold to americans by the republicans for years now. To bad its not true. Dril drill drill is the repetition that is used to convince its followers that its intentions are to make things better for americans. The reality is, they dont want to drill.
First of all, BUSH was for expanding drilling in the GULF and off florida, and called for congress to approve the drilling. But what happened??? Easy, his father, BUSH Sr. signed a LAW / BILL that prevented such expansion into the gulf along with JEB Bush signing a similiar law in Florida. Bush was faced with having to overturn his father and brothers actions and he quickly backed off the idea. He called for drilling in Alaska, expanded leases there, but the oil companies "CHOSE" to leave those leases empty because the price of crude was dropping just before the 2008 election.
With respect to refining, 50% of our refining capacity was REDUCED under Reagan and Bush1 in price manipulation moves that caused the price of crude oil to rise out of the 5 dollar a barrel zone and by the time BUSH1 left office, oil prices for crude quintupled.
I agree Sat, if the republicans were for real, these two areas would create jobs, but its a hoax. The reality for oil is that the oil companies have NO INTENTION of driving prices DOWN. That isnt in their best interests.
Taking oil back to the 30 dollar a barrel range will cut profits from the 100 billion a quarter to 10 billion a quarter range and I dont think any of you believe they would want to do this voluntarily.
The natural gas in shale is a good idea, but it needs refining before it can become practical. The cost to safely remove the gas may be cost prohibitive and kill the concept, but the industry has to be resourceful and find a way.
The environmental impacts of extracting natural gas are extreme. If you just listen to fox news , you would get the impression that taking it out of the ground is as easy as pulling a cork, but its mis informing the public.
http://www.energybulletin.net/stori...extraction-environment-and-human-heath-report
Peace.