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Entries in foreign oil (4)

Tuesday
Apr212009

Pelosi and Representatives Release Draft Of Clean Energy Act


by Christina Lovato, University of New Mexico-Talk Radio News Service

This afternoon Speaker Nancy Pelosi along with Congressmen Henry Waxman (D-CA), and Ed Markey (D-Mass.), released a draft of comprehensive energy legislation, known as the American Clean Energy and Security Act of 2009.

Speaker Pelosi says the act will create jobs, help end our dangerous dependence on foreign oil, and combat global warming.

“We have an obligation to future generations to preserve this planet and a moral obligation to preserve it as God’s creation,” said Pelosi.

Speaker Pelosi said today that the climate crisis we are facing is not only an environmental health issue, but that it is a national security issue and a moral issue.

“Energy independence and fighting climate change are flagship issues for this Congress. It will also be the impetus for new jobs and a new economic revival for our country,” said Pelosi.

Rep. Markey said that we need to look at this legislation as a good opportunity and if it gets passed it can create 3 to 5 million jobs all across the country.

“The planet is running a fever but there are no emergency rooms or plans so we have to act in a preventative way.”

Rep. Waxman said that Congress has a unique historic opportunity to pass legislation that will make our country more energy independent so that we can protect our national security.

Waxman said “This legislation will try to avert the terrible consequences of global warming.... legislation that will renovate and transform our economy for many many new jobs to give our people the jobs they need to get out of this recession/depression.”

Roger Johnson, the National Farmers Union President said that the union wants to be sure to play a constructive role with this legislation and said that there are already 3600 members doing innovative, and advanced agricultural practices to reduce greenhouse gases.

“Earth Day is something farmers celebrate every day of the year as we work the Earth and we want to make sure that it continues to be protected,” said Johnson.

The bill is expected to pass in the Full Energy and Commerce Committee on Energy before the Memorial Day recess at the end of May.

“On this Earth Day we commit ourselves, not just ourselves, but our nation, to protecting our planet, creating jobs for our workers and by passing clean energy legislation,” concluded Pelosi.
Wednesday
Apr012009

It’s out! Democrats present budget

by Christina Lovato, University of New Mexico-Talk Radio News Service

This morning Congressional Democrats presented a budget they claim will make essential investments in the economic recovery and drastically reduce the deficit nearly in half by 2014.

Congressman John Spratt (D-NC) said the resolution will reduce the $1.8 trillion deficit to $586 billion by 2014.

“We’re going to take student loans and convert them into direct loans, saving $53 billion over a period of five years. We’re going to put money in the IRS, and HHS (Department of Health and Human Services) and other government agencies, and say, ‘We want to see stricter enforcement,’ because we believe program integrity initiatives like that can save as much as $50 billion.... Now that’s not a deficit that is satisfactory in and of itself but it is quite an accomplishment,” Spratt said.

Today Republicans are expected to issue their budget proposal, their second in two weeks.

“Apparently they are divided on this issue,” said House Majority Leader Steny Hoyer (D-MD). “We wanted multiple budgets as we normally do as well but we are not divided. We’re going to see a unity of purpose and unity of commitment on the Democratic side. I don’t mean unanimous but great unity.”

Spratt says the budget introduced by Rep. Paul Ryan (R-WI) and other representatives is “awfully hard to get down because it calls for some huge, substantial cuts.”  

House Education and Labor Committee Chair Rep. George Miller (D-CA) said he is “excited” to see that this budget along with the economic stimulus package, for the first time, will provide more resources for early childhood education all the way up to college education.

“This budget with respect to education responds to what every business leader who has come to this Capitol, has demanded from this Congress, and that is to improve the American education system so that when we emerge out of this economic crisis we will be stronger, we will be better educated and we will be more competitive in the globalized economy that confronts us from now throughout our entire future,” Miller said. 

The budget stresses the need for a clean energy economy. Congressman Ben Ray Lujan (D-NM) says the proposed budget will create energy independence and job creation. 

 “The Democratic budget builds on a significant funding and tax incentive for the Recovery Act by increasing our critical investment in renewable energy and energy efficiency by some 18% for 2010.... We need to do this to limit our dependence on foreign oil,” Lujan said. 
Tuesday
Sep162008

Sen. Voinovich thinks drilling would send a message

"If we let the world know that we're going after every drop that we can responsibly gather, and let the world know that we are going to be the least reliant country in the world on oil...we would send a ripple throughout the world," said Senator Voinovich (R-OH) during a telephone conference on energy independence and national security.

"We wouldn't need to be at the mercy of other people. It wouldn't impact our foreign policy decisions as it does today."

Voinovich made the case that the combination of the country's debt and reliance on foreign oil received from hostile nations has created a security concern that neither presidential candidate has properly addressed.

"The problem that they're not talking about is that 51 percent of the debt is owned by foreign countries...70 percent of it is being bought by the Chinese, the Japanese, and the OPEC nations."

Voinovich likened the situation to a business whose competitors have a supply that's in demand and control of their debt. He said that under those circumstances it was doubtful it would be in business much longer.
Thursday
Jul312008

Sen. Voinovich: America must "harmonize our energy"

Sen. George Voinovich (R-Ohio.) while hosting a conference call this morning discussed  his belief that the continuing high cost of oil is not only affecting Americans daily life but our national security. Voinovich commented that numbers released by the Office of Budget and Management (OMB) showing America's deficit had climbed 750 billion dollars means that the country is not only at a financial disadvantage but a national security risk. Voinovich also noted that the national debt at the end of this year is estimated to be at ten trillion dollars. 

A key sticking point for Voinovich is the continuing funneling of money to Arab states which have repeatedly harbored those who wish harm towards the United States. Voinovich commented by saying "we're sending 600 billion dollars overseas to a lot of people who don't like us including Venezuela. In effect these people control the price," said Voinovich. Adding, "from my stand point we are in real jeopardy," said Voinovich.

According to the Stanford University Modeling Forum which Voinovich cited, the odds of a foreign oil disruption happening over the next ten years are slightly higher than 80 percent. If global production were reduced by more than 2.1 percent that would have a serious effect on oil prices and our economy. This would be more than  Hurricanes Katrina, Rita and the September 11, 2001, terrorist attacks.

To curtail the dilemma of the United States being tied to terrorist countries for oil, Voinovich argues that America needs a plan similar to the Apollo plan put forth by President Kennedy. Voinovich believes that America must "harmonize our environment, our energy, our economy and now it's our national security" for more energy production.
It has been Voinovich who said he was a staunch supporter of increased oil drilling in America especially in ANWR to lesson America's dependence on foreign oil.