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  • Wall Street Breakfast: Must-Know News [View article]
    New Energy Defense Strategy -

    With four dollar gas, the general public is more receptive to Drilling for oil Off Shore and in Alaska. :

    Drilling for oil is an integral part of our National Defense, where newly produced U.S.oil will stock our STRATEGIC OIL RESERVE . We can know longer rely on Foreign oil to stock our STRATEGIC OIL RESERVE . In addition, the new USA produced oil supply will be safe and guarantee a oil supply to our military stationed around world .By selling our oil, buying oil from our friends around around to satisfy our military needs where ever they are stationed around the world. Also, this will reduce the cost of supporting our military. This action will also removes millions of barrels of oil from World Market; thus, reducing the commodity price of oil.

    This new initiative, "Oil for America " will be owned by the American people. Domestic oil drillers will be contracted to extract the oil and an American oil management company will manage and refine the oil for the America . Refiners will be built on moth-balled military base. Profits from Oil For America will used to support research and incentives for WIND, SOLAR Geothermal , Ocean technology and Coal. These incentives will be structured like Oil depletion tax benefits, granted to Oil company. This a trial starting point to receive the American people 's acceptance for Drilling in the USA for oil
    Oct 15, 2008. 11:18 AM | Likes Like |Link to Comment
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