Energy Myths

[part 2]

Many in Congress seem either disconnected from reality or intentionally disingenuous about our energy crunch. They have well-honed negative responses to common-sense ideas about solving our energy crisis.

These responses are based on a number of widely held myths. Sadly, they've somehow [read: media] become the backbone of our energy 'policy'. They include:

• "Oil companies are sitting on 68 million acres of oil leases and refuse to drill."

This is yet another slander of "Big Oil" - it's completely dishonest.

Oil companies have spent billions of dollars for those leases. Drilling has increased by more than 66% since 2000. They are searching for oil even as you read this. Some parts of those 68 million acres will have oil, but many have proven not to.

That said, 68 million acres is in fact a minuscule amount. Some 94% of federal lands — 658 million acres — remains off-limits to exploration. Another 97% — or 1.7 billion acres — of federal offshore properties likewise remains off-limits.

These lands contain tens of billions of barrels of recoverable oil. It's there for the taking, now.

As such, it's the height of irresponsibility for Congress to leave these lands off the table. It ensures we remain vulnerable to pariah petrostates like Venezuela, Saudi Arabia, Libya, Iran and others who wish us ill...

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