On Oil Dependence or Independence

President Obama recently spoke about energy, and the Republicans predictably criticized the speech – some before the president even spoke. To both parties I say, “Blah, blah, blah, yada, yada, yada.”

Every US President since Richard Nixon has proclaimed the US need for independence from foreign oil. This grand idea is not a Democratic or a Republican issue. It is not a liberal or conservative issue. Plain and simple, it is a national issue.

Instead of tackling a national issue, our politicians continue to fiddle, focus on knee-jerk reactions to situations as last year’s gulf oil spill and the recent nuclear situation in Japan, while miserably failing to develop solution for real change. As the 2012 campaign moves forward, I’m sure all candidates are developing their intentional, deceitful line of crap.

America does not need feel-good policies or rhetorical babble – it needs action for energy independence – not continual energy dependence on foreign oil. Continual inaction means our elected leaders actually prefer energy dependence.

The video below is a portion of a speech given on April 18, 1977, and here is the entire transcript. So, how far have we come?

Gas Prices and Energy Policy

On a recent flight, a fellow passenger and I compared gas prices in our areas, which happen to be $2.69 in Chicago vs. $2.19 in Cincinnati). Although this is a far cry from the $4.00+ of not long ago, I’m sure all of us welcome the relief to our monetary pocket.

With failing gas prices in mind, I ask the following questions:

  • Will the public fall back into old driving habits?
  • Will the public continue to demand a progressive energy policy from Washington?
  • How will falling prices affect oil company profits?
  • Will the oil companies tighten supply to raise prices?

One thing for sure, as prices fall the public reacts less – which in turn keeps our energy policy in the file named Rhetoric.