Thursday, October 22, 2009

To Oil or Not To Oil

China's push for oil in Gulf of Mexico puts U.S. in awkward spot -- latimes.com

An interesting twist that will make our current regime squirm. If the U.S. allows China to drill in the Gulf of Mexico off of U.S. shores, then why do we not drill for ourselves? Business is business and the economy may force the use to "sell" the oil to China. So, instead of taking care of "her" people, us in the U.S., we take care of our welfare contingency with money from foreign parties.

Oh, how about them environmentalists lobbying to stop domestic drilling? What are they going to say? Oh, it's not our problem. I sense a large political hypocrisy around here.

How come I feel we are on the steep part of a slide? We were on top for so long, I guess the saying, "what goes up must come down" is true. The question is how hard is the landing? I think this will hurt if something is not done soon.




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