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“The president’s war on fossil fuels is designed to destroy many of the 9.2 million jobs already supported by the oil and gas industry.” – Joe the Plumber


Real American energy could create real American jobs

By Joe Wurzelbacher (Joe the Plumber)

Domestic oil and gas production, plus fuel exports, equals real jobs and revenue.


Joe the Plumber

President Obama supports job creation, economic growth and revenue generation – except when he doesn’t.

Official announcements from his Labor Department reported that the nation’s February unemployment rate is still 8.3 percent. That’s a decent decline from previous months. But the reality is far worse.

Most of that job growth was in business and professional services, and half was temporary. Millions of Americans are working part-time or multiple low-wage jobs to make ends meet. Overall, 23.5 million are out of work or underemployed.

Factor all that in, and the real unemployment rate is 14.9%, according to University of Maryland economist Peter Morici. Worse, many of the 8.3% jobs are government workers (police officers, fire fighters, teachers and bureaucrats), paid for with “stimulus” and other tax revenues taken or borrowed from hard working private sector companies and employees, and their children and grandchildren.

Making matters still worse, regular gasoline prices have hit $4 in numerous cities – compared to a national average of $1.61 on December 31, 2008, three weeks before President Obama took office.

Thankfully, we could reduce these intolerable numbers dramatically, if President Obama would just stop currying favor with environmental extremists, and start supporting energy policies that benefit all Americans – policies that use real American energy to create real American jobs.

The answer to our job shortage, energy shortage, and soaring gasoline prices is the same. Extract more oil and natural gas from deposits under our land and offshore areas. Bring more oil to the U.S. from Canada via the Keystone XL pipeline.

Manufacture more fuels in American refineries, to power American cars and trucks, and to sell abroad to preserve jobs and lower our trade deficit. Reduce the excessive, oppressive regulations that federal bureaucrats are imposing on our energy industry.

According to a March 2012 World Economic Forum report, the U.S. oil and gas industry created 37,000 direct jobs and 111,000 indirect jobs in 2011. That’s nearly one out of ten jobs created nationwide last year – and they didn’t need any Solyndra, Fisker, Sapphire or Solazyme subsidies.

A January 2012 Wood Mackenzie study found that 530,000 more jobs could be created if American companies were allowed to explore and drill for oil and natural gas in some of the areas that are now off-limits. The study says this would generate $150 billion in increased government taxes and fees by 2025, and expand domestic production by 4 million barrels of oil equivalent a day, greatly reducing our dependence on Middle Eastern oil.

Instead, President Obama has adopted a bumper-sticker anti-fossil fuels policy: “Just say no.”

The president has made 95% of federal lands and waters off-limits to drilling. He has blocked construction of the Keystone XL pipeline that would bring more than 700,000 barrels of oil a day from Canada to Texas. He wants to eliminate oil industry tax deductions, which would mean further reducing U.S. oil production and would make gasoline and diesel fuel even more expensive.

The Energy Information Administration (EIA) and Institute for Energy Research calculate that the United States has 1.4 trillion barrels of technically recoverable conventional oil, plus huge additional supplies in shale deposits. That’s oil that American companies could and would produce, at today’s oil prices and using existing technologies – if they were allowed to do so.

Oil companies aren’t asking for subsidies to get this energy. They just want permission to produce it. But Obama’s Environmental Protection Agency, Interior Department and other agencies keep throwing roadblocks in their way.

The president’s war on fossil fuels is designed to destroy many of the 9.2 million jobs already supported by the oil and gas industry – in hopes of replacing them with jobs in tax-subsidized “green” energy companies backed by his political supporters, campaign contributors and Democrat allies.

The president apparently believes some of these companies will succeed, if he just throws enough billions of your tax dollars at them. However, many of these failure-prone companies produce flawed and expensive products that American consumers wisely refuse to buy.

The $535 million in taxpayer money given to the now-bankrupt Solyndra solar power company is just one example of President Obama’s policy of subsidizing failure, and punishing success.

General Motors recently announced it was suspending production of the Chevy Volt gas-and-electric car: people simply haven’t been buying the cars, despite the $7,500 taxpayer subsidy the president has been giving to anyone who buys one. Now the president wants to increase the subsidy to $10,000.

President Obama says we are running out of oil and gas, can’t drill our way to cheaper gasoline, and should blame anybody but him for $4-per-gallon gasoline. He’s wrong on all three counts.

The only petroleum we’re running out of is the tiny percentage of our total supplies that his administration is letting us produce.

Moreover, the EIA says 76% of what we pay for gasoline is determined by world crude oil prices; 12% is federal and state taxes; 6% is refining; and 6% is marketing and distribution.

The price of crude oil that refiners transform into essential products is set by the world market, and fluctuates based on supply and demand. You don’t need a PhD in economics to understand that producing more American oil and getting more from Canada would increase supplies and decrease gasoline prices.

That’s the direction we need to go.

Instead of embracing fantasy energy policies, President Obama needs to step into the real world. He should welcome expanded development of our vast oil and natural gas resources, increased oil imports from Canada, and the lower fuel prices this would bring.

Everyone would benefit – even his own dismal approval ratings.

______________

Samuel “Joe the Plumber” Wurzelbacher is a Republican candidate for Congress in Ohio’s ninth congressional district. Samuel Wurzelbacher rose to national fame as “Joe the Plumber” when he challenged then-candidate Barack Obama on his plans to increase taxes for the middle class. Since 2008, Wurzelbacher has spoken nationally in support of blue collar workers, encouraging voters to get engaged in the political process. Learn more at http://www.JoeForCongress2012.com/

Thanks to Paul Driessen for this link

 

 

 

 

14 Responses to Real American energy could create real American jobs

  1. Looks like Joe the Plumber is “smarter than the average bear”. (Smarter than any of the President’s advisers).

  2. frederik wisse says:

    It is even worse . Mr. Barack Obama made public the israeli plans to use azerbeijani airfields in case of a conflict with iran . How nice to betray a nation and a people standing at the crossroads to protect our civilisation . Or is loving thy neighbour no longer civilised , barack ?

  3. John the 1st says:

    If Joe the plumber be with us than who can be against us?

  4. Cliffhild says:

    —surely I can’t be the only one who realises that
    President Obama is a Muslim and determined to destroy the USA?

  5. Robertvdl says:

    French energy giant Total is frantically trying to respond to a natural gas leak discovered this week on one of its platforms off the eastern coast of Scotland. As it weighs options for plugging the leak, the threat of a major explosion and environmental catastrophe loom.

    238 workers have already been evacuated

    http://www.spiegel.de/international/europe/0,1518,824635,00.html

  6. Obama, the Mandarin Candidate, is doing everything possible to elevate China into the #1 spot of world power at the expense of reducing the USA to #2 is quickly as possible.

    What US President would declare open war on an industry (coal) and wish to bankrupt it? Why is he so intent to believe the religion of global warming, which has not a shred of proof to substantiate it’s theory?

    BO has got to go.

  7. Leon says:

    It’s worse than people think with President Obama, in my opinion. I think he has a higher priority than the prosperity of Americans. In fact American prosperity may be the thing that has to go away. The Collective salvation thing and the “social justice” thing, on the globalist level is the perspective maker here. Obama gave us the Science Czar Holdren, who co-wrote a book about globalist thinking Leftist ideas in regard to population control of the world. Part of the agenda is the use of the money of the more developed nations (us) to develop the lesser developed nations of the 3rd world. Part of the agenda of that book is to “DE-DEVELOP” more developed countries. We are being held back and every effort made to send our businesses away to the 3rd world. Every puzzling move by this Administration is explained by that insane Leftist agenda. Even the re-tasking of NASA away from more technological development, towards finding ways to bolster Islamic self esteem fits right in. The blocking of our energy resource development, the stalling until the Gulf drilling platforms had to go away. People keep trying to understand Obama in a context of traditional American ways and thinking we would regard as sane and reasonable. That seems to be a mistake.

  8. FRANK says:

    Thanks for letting us know, Joe..!

    Is it too late to get Joe The Plumber on the 2012 Republican Presidential Ticket????

  9. Garrett says:

    For those who don’t know, a vote for Joe is a vote to flip Dennis Kucinich’s old seat.

    Donate today!

  10. Brad says:

    “I have no faith in any, political factions anymore!” their all liers and corrupt!<:-<

  11. Robertvdl says:

    Soaring gasoline prices have nothing to do with oil/gas production. Extract more oil and natural gas will not bring down the price of it.

    Peter Schiff – Look Beneath the Surface
    http://youtu.be/M4FMB68lBjw

    But yes Government is the problem.

  12. Robert the Philippino says:

    The world of piston engine is coming to an END.
    And guess what?
    Everybody is crying to keep it running FOR EVER!

  13. Friend of Coal says:

    OK, here it is in plan black and white. Yes we would all just love to have clean energy but if you think for one miniute that you can just stop coal production and still live the life you live to day you are stooopidddd with a capital S. You can not run all your dumb little electric cars on wind power alone. Where do you think your electricity comes from thats right COAL. Do you even know how many windmills you would have to place across this great nation to match the efficiancy of a Coal powered plant ALOT, They are not that efficient and do not work well in ice storms and other weather events. Coal is a nonrenewable resource that we need to phase out slowly with some source of energy that can reliably take its place, prferable natural gas which is a clean burning gas and is readily available in this country.


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