I will emphatically “second” your comments regarding the Strategic Petroleum Reserve (SPR) and the changing of administrations. Respectfully, “Kudos”.
Not everything in Texas is big, but the oil reserves are. Interesting fact about this is, without continuous exploration drilling, the U.S. has about 5 years left before depleting production from all existing wells.
So, without further capital investments in oil and gas exploration over the next five years, our country will be vulnerable to forces from outside our borders.
The USA will not be energy independent, and will be at risk of pressure from other countries because of a reliance on imports. This is why the replenishment of the SPR is vital.
With our current capabilities, I am wondering how long it takes to drill enough wells to offset this inevitable decline. The answer is ‘Woe is Us’.
We need to get started. Time is a factor. This will not happen overnight, and failure is not the preferred option.
I agree that the USA cannot tolerate another 4 years of attacks on the oil and gas industry. It is an undesirable risk for our quality of life, security, and freedom.
No administration should be allowed to sell our SPR assets on a whim. Or print additional billions of inflationary dollars to have monies to cover for the failure of the progressive green agenda.
The bottom line here is, if the progressive ideals on our energy future were workable, why was it necessary to deplete the SPR to keep the country going? And what happens next?
That it was necessary to pirate the SPR is all you need to know to realize the flaws existing in the progressive perspective on energy sources.
So they have only proved to all of us that drilling is required. Because, once the SPR is exhausted, what hope is there for us?
This is a real-world, vivid example of why the progressive perspectives on oil and gas energy cannot continue.
The saddest thing is that they had to have realized this too, or they would never have compromised the SPR in the first place. But unfortunately, that did not deter them in any way. This is why I believe they cannot be trusted to remain in charge of the destiny of the USA.
Still, there will be a group of people whose thoughts do not venture beyond their day to day secure bubble, and they have no desire to ever be inconvenienced by the truth. All they seek is the power to control the lives and fates of other Americans for the benefits of their own continued wealth and welfare. We should deny them this outcome.
Now Joe is setting up another token gesture which is doomed to fail and increase costs for all. I refer to “Green Banks”. And they are fast coming to a community near you. How is this really reducing inflation? And especially in the poorest of communities? It will not. In my opinion, this is only a smokescreen to obscure the results from the populace.
I suggest the bulk of these monies will be used for large projects that mostly benefits the profits of those banks. And will not have a great influence on reducing inflation in poor communities.
And thank you for including the wishes for Gulfslope Energy to play a supporting role in rescuing our country from the potential collapse of our energy security.
I now realize that my stomach growling yesterday must not have been due to fasting. But rather, it was because of climate change.
Mrs. Smith
