21st Century Energy Nonsense
The collapse of Solyndra, a solar panel maker, the corporation in large financed of more than $500 million in stimulus dollars should give all Americans pause and concern for altruistic 'Green Energy' Programs. A lengthy article regarding the impact of 'solar farms in the Mohave desert explains the big green debate about building a solar farm in the fragile and unique ecosystem. Little is known about either the environmental impact of both technologies lag and both are not practical for mass electrical generation production. Both wind turbines and solar farms also share an unproven return on investment for capital expenditure.
Stubbornly President Obama and his administration continue to defend Solyndra and green energy ."President Barack Obama is standing by his support for renewable energy after Solyndra Inc., a maker of solar panels that received a $535 million U.S. shut its doors, a White House spokesman said." From the same article, "Solyndra suspended operations and plans to file for bankruptcy reorganization because it couldn’t compete with larger rivals, the closely held company said in a statement yesterday.
SpectraWatt Inc., a solar company backed by units of Intel Corp. (INTC) and Goldman Sachs Group Inc. (GS), filed for bankruptcy protection Aug. 19, and Evergreen Solar Inc. (ESLR) did so Aug. 15".
Could the $535 million dollar Solyndra boondoggle, be the Obama Administration's Tea Pot Dome or Enron scandal Kaiser head of Solyndra was a donation bundler for the Obama campaign?
The first Oil embargo was in 1973. In 1973, the average price of a gallon of gasoline was $.39 (cents) a gallon.
Shockingly since 1973 one Administration after another has acted as if the United States is without natural resources, when the reverse is true.
The Environmental Movement has made matters even worse. Pressure from envirofascist drives the policies written by bureaucrats at the Environmental Protection Agency, Department of Interior and the Department of Energy. For nearly four decades sound energy policy has been throttled by the Environmental Movement and since Obama's election it has hit a new stride, with the EPA's recent Environmental Justice Memorandum of Understanding.
Every sound energy model in the United States is under hostile attack by envirofascist, the oil industry attacked, the coal industry under threat, so is this nation's nuclear industry, and hydro electric energy are all under duress, and the lack of any development of new electrical infrastructure in these areas are crippling this nation.
Here is a brief overview of where we stand in regards to this nation's energy policies:
Oil, Natural Gas, and Refinery Development:
· Almost $49.1 billion in annual defense outlays to maintain the capability to defend the flow of Persian Gulf Oil – the equivalent of adding $1.17 to the price of a gallon of gasoline;
· The loss of 828,400 jobs in the U.S. economy;
· The loss of $159.9 billion in GNP annually;
· The loss of $13.4 billion in federal and state revenues annually;
· Total economic penalties of from $297.2 to $304.9 billion annually.
If reflected at the gasoline pump, these “hidden costs” would raise the price of a gallon of gasoline to over $5.28, a fill-up would be over $105.
One striking figure was the cost of the periodic oil shocks the U.S. has experienced over the past three decades which NDCF estimates at from over $2.2 Trillion to almost $2.5 Trillion.
Prior to completion the study underwent an exhaustive peer review by a panel comprised of seventeen individuals with a broad range of expertise including representatives from government, industry and major environmental organizations.
In addition to detailing the costs of America’s import dependence, the NDCF report also outlines the benefits of shifting the U.S. transportation sector to non-petroleum derived fuels."
This article from Real Clear Energy, should outrage every American consumer at the lack of a sound policy to drill for and use our own oil and natural gas policies:"But the United States isn’t running out of oil, it’s running out of access. There are many promising sources of crude oil in the U.S., but the vast majority of them are off limits to exploration and production. The exact size of this resource is unknown because companies are not allowed to do the necessary work to find out where the oil is and how much of it there is. Preliminary work by government agencies, however, suggests that the resources could be quite large.
The Department of the Interior estimates that the U.S. Outer Continental Shelf (OCS) contains 86 billion barrels of undiscovered, technically recoverable oil resources. However, about 97% of the OCS is not under lease, preventing any exploration or production of oil and gas.
Onshore federal lands contain an estimated 24.2 billion barrels of undiscovered technically recoverable oil resources. But like our offshore resources, the vast majority of these onshore oil resources are unavailable for exploration and production.
This link is the has a chart which shows the most recent data for oil imports.
The story for Refineries is even worse, it has been decades since any new refineries have been built. Thanks to american ingenuity and hard work by American Oil companies, refineries have made vast improvements to increase capacity ,
..."While the number of operating refineries has fallen from 254 in 1982 to 137 in 2011, the operating capacity of today's 137 facilities is over 830,000 barrels per day more than it was in 1982. Basically, while we've watched 117 refineries close, capacity has risen. (The Energy Information Administration's earliest records date to 1982.)
Moreover, since 1985, when refinery capacity hit a low of 14.7 million barrels per day, we've seen over three million barrels of capacity added, or the equivalent to 23 average modern day facilities. A stark contrast to the misleading tidbit about having no new refineries built since the 1970's. So while we haven't seen new refineries open in new locations, we have virtually added the capacity of 23 of today's average size facilities—and that is nothing to scoff at..."
No new licenses have been granted to build a new refinery in the United States since 1976. Refineries are hard pushed to keep up with all of the different mixes, and seasonal adjustments, which causes spikes in the price at the pump annually. (I can no longer find the link but I recall reading refineries need to make over 200 different gasoline and diesel mixes for both regional and seasonal clean air requirements.) A rational and reasonable refining choice would be to pick the most stringent 4 or so requirements and use those.
Our hydro electric generation is under the same stresses as the oil and gas industry along with the nuclear energy industry. Applications for permits for new facilities are snarled at various licensing agencies, who either fully block or stall or insist on years long environmental impact studies. The EPA has new regulations which have the intended impact of shutting down coal fired electrical production in the United States. However today, under pressure form the 112th Congress Obama has backed of the most recent EJ MOU .
Our non existent energy policy is negatively impacting American employment, driving up the cost of doing business and leaving the United States in a very precarious position. You cannot be a strong a 21st Century nation without a sound energy policy. Even with the United States economy in freefall the Obama Administration is considereing more costly crippling regulations and interference in energy production.
The United States is in dire economic trouble our deficits are soaring and we stand at the precipice of economic collapse.
If now now, when will our elected officials have the resolve to address this nation's pressing energy needs.