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Fuel work to finding new refineries

The United States has more than enough resources to become energy independent, and I believe it is about time we do it.
I’ve heard all kinds of theories on why gas prices are so high, the most frequent being George W. Bush. I’ve read where Bush has been blamed for everything from the terrorist attack in 2001 (remember that?) to the writer’s strike in Hollywood, so it comes as no surprise to me that Bush is being blamed for the high prices of fuel.
But I think it is as simple as John Hofmeister, chairman of Shell Oil Co., said it was while being harassed in front of Senate members last month.
‘The fundamental laws of supply and demand are at work,’ he said.
Not enough supply exists to support the worldwide demand for oil.
What do you do when supply falls short of demand? Well, create more, of course. If that is not an option, you better find a new way to perform the same function. Nobody that I can see is doing anything to move toward either option. If we have oil available in Alaska, South Dakota, Montana, off the coastline or wherever, we should give our oil companies free reign to go get it.
This should not be a politically partisan issue.
However, it is not just the Democrats who are failing to support such a venture; the Republican party’s flag bearer John McCain is refusing to take a stance as Americans continue to pay $4 a gallon at the pump.
Some say it would not be worth it because the fuel would not be available for another 15 to 20 years. I find it hard to believe a country that built a submarine in four months during World War II could not finish an oil refinery in 10 to 15 years. The only thing standing in their way is government regulations and environmental hurdles.
I’ve heard building new refineries will only lower the price per gallon a few cents. I also can’t believe this, especially when the price fluctuates five to 10 cents in a given day in Corydon as one station may be 20 cents cheaper than another 10 miles down the road.
I’d be willing to bet the moment the United States makes it known to the world market that it will be utilizing its own land to its fullest potential for resources, the price per barrel would drop just to compete.
Finally, to address the environmental hazard issue, I look no further than Hurricane Katrina, which not surprisingly shut down all of the refineries in the gulf of Mexico. But remarkably, none of these refineries leaked in the ocean waters despite the power of one of the worst storms in the country’s history.
The only real opposition to opening new refineries I have heard is that it would not be worth it. There’s one easy way to find out if it would be worth it. The oil companies would not spend the millions and millions of dollars to create the refineries if it was not worth it. Why not give them the go-ahead? If they balk, we’ll know we need to go in another direction.

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