USNews
"So far, pushing policies that raise energy costs and bolster the case for currently unaffordable green energy sources is one promise for change that the administration seems intent to keep no matter what it costs. Between February and April of this year, oil spot prices shot from an average $83 per barrel to $110 per barrel. The Energy Information Administration now predicts that average retail gasoline prices will increase from $2.78 per gallon in 2010 to $3.66 per gallon next year. The American people are entitled to the facts about policy decisions that raise energy costs and help the administration push expensive energy alternatives favored by environmental special interests. .........Our economic growth and ability to create more jobs depends on our ability to develop and deploy innovative technologies to harvest our vast oil and gas reserves. The discoveries of enormous recoverable oil and gas in places like Pennsylvania, North Dakota, California, and Oklahoma have made energy independence a real possibility and no longer a distant dream. The United States has approximately 2,552 trillion cubic feet of potential natural gas resources—enough to last 110 years at current usage rates. By 2015, fields in Texas, Louisiana, Colorado, and elsewhere could yield as much as 2 million barrels of crude per day, more than is now produced in the entire Gulf of Mexico. Developing these fields could reduce our oil imports by 60 percent in the year 2020."
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