petersterling

Wind's Our Future, but Natural Gas Is Now

America has gobs of undeveloped oil and gas reserves, it just needs the American Energy Embargo to be lifted to let us get at it.

Look at Louisiana. Offshore oil drilling in the Gulf of Mexico is a $70 billion shot in the arm for Louisiana's economy, employing more than 325,000 people in good paying jobs. When Katrina hit the Louisiana coast, it shoved big off shore oil platforms right up onto the beach. Was there a big oil spill to compound the tragedy of Katrina? No.
Look at Texas. In the last 12 months, employers in Texas have created 245,000 jobs. The Texas unemployment rate is 4.4 percent. The national jobless figure is 5.6 percent; California's is 6.9 percent. Texas does offshore drilling and onshore drilling. They allow drilling wherever the oil is. The state government will run a $10 billion surplus this year.