Funny how this guy keeps forgetting to mention that he works for a company known to be a significant polluter. Whole letter is at the link below. Thoughts?
http://snipurl.com/2ubny
"In his recent letter (DLN 7/3), Richard Whiteford attempted to scare us into believing several popular myths about our environment, our energy consumption, and our economy. He also reveals the motive for his deception: he wants to force us to drive plug-in hybrids.
Mr. Whiteford wants us to believe that increasing domestic oil production will not decrease prices at the pump. That statement violates the first law of supply and demand, unless government uses it as an excuse to tax gasoline more.
You see, oil companies cannot store unlimited amounts of oil, for both practical and economic reasons. They need to sell it to us or cut production. If it is not profitable for them to sell it, or if their inventories exceed their storage capacity, they will cut production."
"So the answer to high gas prices at the pump is to increase production and decrease taxes on gasoline, so that oil companies can compete for our business and increase their profits. The problem is not oil company greed, it's Big Government greed. Pennsylvania and the U.S. government make 13 percent profit on a gallon of oil they do not produce. Oil companies make less than 9 percent. Who's gouging who?"
"The same people who today bemoan our lack of clean energy are the same ones who stand in the way of efficient nuclear power and domestic drilling. They claimed that global cooling was upon us in the 1970s. They claimed that Prince William Sound would never recover from the 1989 Exxon Valdez oil spill. It is as pristine today as it was before the spill. If you doubt that, just book one of the many cruises departing for that destination. Now they claim we are doomed if we do not do as they say."
"As for ANWR, BP has been extracting oil from neighboring Prudhoe Bay since 1977. The caribou don't seem to mind and nobody else lives close enough to care, except a few busybodies who want to tell us what to drive. Truth be told, only the title the DLN chose for his letter is likely correct. "Time is running out for our energy plan." Both presidential candidates and a growing number of Americans are clueless on the environment and our economy, the result of decades of propaganda and disinformation. The global warming alarmists have given themselves a new 50 year lease to lie to us about the environment and achieve their political goals. Who's kidding who?"