The reality is that these rural communities that rely so heavily on one industry
subject to boom and bust cycles need to seek out ways to diversify their local
economies to be better positioned for the 21st century. Bloomberg
reports today that electricity from the wind, sun, waves and biomass drew $187
billion last year in investments compared with only $157 billion for natural
gas, oil and coal. Accelerating installations of solar- and wind-power plants
led to lower equipment prices, making clean energy more competitive with coal.
There is every indication that drilling for oil and gas is a steadily fading
enterprise.From an economic perspective, renewable energy is price
stable, making it more attractive to industries that want to reduce uncertainty
and be shielded from volatile fossil fuel prices. The Chinese have dropped
solar panels' costs by 43% over the past few years.There's even
signals that Saudi Arabia and OPEC may drop the price of oil (at least
temporarilty) to prevent the Keystone pipeline and Canada tar sands from being
economical and preserve America's dependence on Mideast oil. They did this in
1985 to kill off America's emerging alternative energy industry (initiated by
Pres. Carter), setting us back decades in R&D and economies of scale.
There is more at stake in drilling than just the Uintah Basin economy. As we
have witnessed in recent disasters by oil companies oil drilling is subjective
and non compliant with safety or the ecology and kills hundreds with on site
violations. These disasters have affected the economy of the entire nation and
world so local economy is a less relevant issue on that basis.Drilling may provide fewer than a hundred low pay temp jobs so jobs are not a
relevant issue. Its up to the care takers of the land to involve themselves in
ecology issues that can make or break a state like the resources California lost
in its greed for instant expansion and wealth.The economy and jobs
of America are what they are and as with every irresponsible plunge in to hopes
and dreams can also create despair and greater losses in a few years. Oil
consumption is on the decline so short term dreams will be long term nightmares,
our Chernoble. There is no boom economy anymore and the Untied States is no
longer in control of its destiny, the baton has been passed and we are now a 3rd
world puppet nation.
My kind of guy!!!
I say we put Americans first! everything else second.
No bigger proponent than I for oil exploration.
"We don't want to ruin the land, we just want to go back to work and
provide for our families, and produce something that all of us need and use
every day."Well said! I'm for drilling if it's necessary. But I
don't want it to be some foreign company that under pays American's while they
spend billions on their own people. If we're using American soil, most of that
money should sustain our own economy, our own families, etc.-------To clarify... I didn't mean that this guy was "blindly
supporting" but that looking at this as a 'deal or no deal' simple way that
mass media often puts it out to be, is what distracts from the real problem. I
think what we accept as a people is more concerning. I for one, promote Utah's
economy, not Saudi Arabia. I'm all for Saudi Arabia and whatever other country
doing what they want too, I have nothing against that; I just wish it was with
their own resources. To me this makes more sense economically for everyone. We
pull our own load and sustain our own people first, then what we can do
elsewhere for/with others.
Yup, we love drilling too. It drives the Uintah Basin economy (in more ways than
one), as well as helping our country move toward energy independence. And as I
have said many times, it isn't just energy and fuel that oil is used for. In
fact, at least 50% or more of the petroleum we get out of the ground goes for
other things...many types of plastics, synthetic fabrics, carpeting, cleaning
fluids, hearing aids, eye glasses, ink, some medicines, the list is endless.
Just do a search for "products made from petroleum" and you might be
surprised. So thanks to everyone who strives to put a positive light
on energy exploration and production. We don't want to ruin the land, we just
want to go back to work and provide for our families, and produce something that
all of us need and use every day.
Politics is never as simple as saying "We should drill" or "no
drilling".There are 'nay saying' people on both sides to every
fence who like to claim that things aren't feasible or economical. Well, I got
news for you. The right thing to do is ALWAYS feasible. Why? Because the right
thing to do is what is going to be better for us, and not just in the
short-term.Why does that matter? Because being independent on oil
from another country would do us no good if we merely are dependent on our own
unrepresentative, mismanaged, and over-sized federal government.Some
ground rules I'd rather vote for:1) If we are going to drill on our
soil, then the states should own their own resources. Utah companies, owned and
worked for by Utahns (so feeding Utah families) drill in Utah, no exceptions.2) For the most part, we shouldn't even be drilling. We should be doing
what's healthier for our lungs and the environment we have to live in. It's not
like getting most people couldn't use a bike ride to work.Blind
support of domestic drilling only distracts from the real problem, our choices.
Honk, honk. I heart drilling!