We have enough energy

All the world wants a good paying job so why is the current administration against the American energy which could more than provide them. First Thorium Reactors. We have more than enough fuel to power the world here in the USA. A technology discovered and proved reliable and effecient in the 50's, but Thorium reactors do not make nuclear weapons, so we did not build it as we "the government" needed nuclear weapons to compete with the Russians. Her is a presentation from a guy at NASA who stumbled on the now almost forgotten technology. (by the public at large).

From "theblaze.com" Harold Hamm is more than a little disappointed in President Obama.

The founder and CEO of Continental Resources—the 14th-largest U.S. oil company—had a few minutes of exclusive face time with the president at the White House recently, where he told Obama that America had enough oil within its borders to “replace OPEC.”

Obama was unmoved.


Gregory Bull/AP
“Oil and gas will be important for the next few years,” Hamm recalls the president telling him. “But we need to go on to green and alternative energy. [Energy] Secretary [Steven] Chu has assured me that within five years, we can have a battery developed that will make a car with the equivalent of 130 miles per gallon.”

“Even if you believed that, why would you want to stop oil and gas development?” Hamm asks in a Wall Street Journal interview. “It was pretty disappointing…President Obama is riding the wrong horse on energy.” Hamm adds that the U.S. could be “completely energy independent by the end of the decade. We can be the Saudi Arabia of oil and natural gas in the 21st century.”

But the gatekeepers are keeping those gates shut.

“This shouldn’t happen in America,” Hamm told the WSJ.

By all rights, the feds should be falling at Hamm’s feet. He discovered the Bakken oil fields of Montana and North Dakota that have pushed the U.S. into third place among world oil producers and could yield, Hamm says, 24 billion barrels:

If he’s right, that’ll double America’s proven oil reserves. “Bakken is almost twice as big as the oil reserve in Prudhoe Bay, Alaska,” he continues. According to Department of Energy data, North Dakota is on pace to surpass California in oil production in the next few years. Mr. Hamm explains over lunch in Washington, D.C., that the more his company drills, the more oil it finds. Continental Resources has seen its “proved reserves” of oil and natural gas (mostly in North Dakota) skyrocket to 421 million barrels this summer from 118 million barrels in 2006.
“We expect our reserves and production to triple over the next five years.” And for those who think this oil find is only making Mr. Hamm rich, he notes that today in America “there are 10 million royalty owners across the country” who receive payments for the oil drilled on their land. “The wealth is being widely shared.”
Speaking of North Dakota, Hamm and many other forward-looking businesspeople have been singing the state’s economic praises for quite some time. Hamm told the WSJ that the Obama administration should study North Dakota, which boasts America’s lowest unemployment rate at 3.5%, if it wants to get the U.S. out of its fiscal quagmire:

“We can’t find any unemployed people up there. The state has 18,000 unfilled jobs,” Mr. Hamm insists. “And these are jobs that pay $60,000 to $80,000 a year.” The economy is expanding so fast that North Dakota has a housing shortage.
HERE IS THE KICKER EVEN AFTER OBAMA WAS TOLD THIS : "if D.C. allowed more drilling permits for oil and natural gas on federal lands and federal waters, “I truly believe the federal government could over time raise $18 trillion in royalties”—which is more than the U.S. national debt."

THIS ARTICLE IS A MUST READ.

http://online.wsj.com/article/SB10001424052970204226204576602524023932438.html

This more evidence on the OBAMA administration's deliberate attack on the energy producing industries in this country. Knowing that the energy industry can get us OUT OF DEBT nationally, and put us back at full employment with high paying jobs, why would the president and his supporters chose otherwise? Everybody wants a high paying job. Producing our own energy would do that, and keep the money circulating in the USA instead of going to foreign countries which dramically increases federal tax dollars. With this in mind I do not understand how any one would chose the opposite. In fact to attack them on purpose just leads us to where we are going: bankrupting the USA. Billions of income dollars lost due to lost drilling in the gulf and denied/delayed drilling permits, the federal goverment dragging approval of new nuclear reactors ect (ref "project no project") combined with new excessive spending (QE1, QE2, green energy doomed to start projects like solendra, ect.)