dailybeacon

That’s right, up to 4.3 billion gallons of oil sitting approximately 1,000 feet below the surface of the Bakken Formation of North and South Dakota and Montana.  Enough oil to support our economy for about forty years with NO additional Middle Eastern oil used.  President Bush authorized drilling in ‘06 but to date only 107 million gallons have been harvested, a proverbial drop in the bucket.  Do you think if it was flowing, the cost of oil from the Middle East might even be less expensive than $43 a barrel?
The reasonable question would be, why isn’t it being drilled?  Is the Middle East funding environmental groups to keep it off the market?  Is it the Democratic Congress, in power since ‘06?  There is no reasonable answer, or at least one with common sense.  Add this resource to off shore drilling and Alaska’s untapped reserves and we could be oil independent for the natural lives of everyone alive now in the United States and beyond.  That’s real economic stimulus.  We could pay down a majority of our debt to China with the receipts, oops, but then our citizens wouldn’t have to depend on the government to bail us out.  As long as President Obama is in office, that’ll never happen.  Let’s be held hostage for at least four more years and plus the time it takes to build the infrastructure to harvest our own resources.  Vote liberal and keep us in tax hell and beholden to the Middle East and now even the Taliban.  Great thinking.

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