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William S. James > Intel > Energy First: Two sides of the argument

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Energy First: Two sides of the argument

The election on November 4th will decide the direction this country takes across a wide range of important issues. Among the most important of those is the very real energy crisis the United States faces at this juncture in history. Either we move forward with the status quo, increasing demand, not contributing to supply, and at the mercy of the whims of any oil producing country, or we seek independence.

Energy independence has no fewer benefits and consequences than did the governmental, economic, and philosophical independence we sought so fervently when this country’s independence was formally declared.

Both Presidential candidates have comprehensive energy proposals on their websites, and both present valid arguments and some valid solutions. Part I of the series tackles what each candidate sees as the first step to help the American people get through the current price of gas.

John McCain’s first order of business is to end the moratorium on offshore drilling and expand our domestic production. This is similar to Obama’s wish to expand domestic production, except Obama would prefer to force oil companies to explore the 68 million acres of existing land leases held by the oil industry for exploration. Estimates are that these lands could possibly produce over 4 million barrels of oil per day. McCain's rhetoric could see results at the pump in ten years or more.

Barack Obama’s primary focus on the gas crisis would fall on the oil speculation markets. He would work to remove the “Enron loophole”, and create an international coalition to regulate the oil futures trading market to avoid spikes and drastic fluctuations in gas prices for consumers. He would implement a windfall profits tax on the obscene profits the oil companies are making at the expense of consumers, and at the same time remove some of the tax breaks oil companies currently get.

What’s most evident when you read the energy policy proposals on each candidate's website, it’s the choice of words. In John McCain’s energy policy, he often “believes” in a certain solution, which is very different from saying "I will do this. and "I will" do that, as Barack Obama's policy often reads.

I’m sure John McCain would just say he’s being a celebrity, a messiah, or some kind of other gimmick label, but what’s wrong with having confidence in what you stand for? Isn’t that what a President is supposed to do in the first place?

Without a vision, without a plan, a President is nothing more than the Chief Administrator, and nothing more than a mouthpiece.

William S. James, Low wattage

Contributed by William S. James on August 4, 2008, at 2:58 AM UTC.

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This intel was contributed by William S. James


William S. James

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