Obama's energy policy will INCREASE dependence on foreign oil

President Obama’s energy policy is to eliminate our dependence on foreign oil imports by eliminating oil and replacing oil with alternative renewable “clean” biofuel. That sounds good in speeches. It is quite impressive to all those who know little about oil or biofuels, which includes the majority of the public. The devil, of course, is in the details which no one seems to have investigated.

Ethanol subsidies began in 1979. Ethanol has had 30 years of taxpayer-assisted experience. Ethanol is the only “feasible” alternative renewable biofuel in the competition. All other biofuels lack the production potential that ethanol has. [snip]

According to Professor Chris Hurt of Purdue, in 2006 the US had about 79 million acres of corn. Professor Richard Meilan of Purdue estimates that one acre of corn will produce 450 gallons which is 10.7 barrels of ethanol. Using all of the corn crop land in the US for ethanol — no movie popcorn, no corn syrup sweetener, no bourbon, no tortillas, no grits, no corn to eat at all — ethanol production can reach only 845 million barrels in 2022, or 2.31 million barrels per day.

Department of Energy data shows that the US is producing 4.95 million barrels of oil per day and importing 9.00 million barrels of foreign oil per day. Including the 0.60 million barrels of ethanol per day, our current oil demand is 14.55 million barrels per day... [snip]

US oil production has been declining since 1985. This decline is almost ruler straight.

By 2022, it is estimated that US oil production would be approximately 3 million barrels per day. In 1972, foreign oil imports were 811 million barrels, 19% of demand, the year before the devastating Arab Oil Embargo. Currently, foreign oil imports are at a rate of 3.3 billion barrels annually, 62% of current demand, and are expected to increase in the future... [snip]

Everything is not going to be fine in the future under President Obama’s biofuel and oil policy. President Obama’s biofuel and oil policy is on a collision course to a national catastrophe. Among a great many other critical problems, it will cause an increase in our dependence on foreign oil.

[Difficult to 'brief' as looks at the facts from several angles {including the increased emission of CO2 ethanol use generates} - all of them seemingly no-brainers that we're handling exactly wrong - Highly Recommended > ]

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