31 Dec '11, 6pm

Energy Independence is Dead And You'll Never Hear "Drill Baby Drill" Again

Energy Independence is Dead And You'll Never Hear "Drill Baby Drill" Again

ljmacphee /CC BY 2.0 Oil refinery along the US Gulf Coast . Remember John McCain, Sara Palin and other Republican leaders shouting "Drill Baby Drill?" Energy independence, national security, blah blah blah. The US Bureau of Census reports that the US' single highest export revenue stream currently comes from petroleum based liquid fuel . US fuel exports are at a 60-year high. Regardless of where the feedstock crude might have come from--Albert Tar Sands; Arctic Wildlife Refuge, or Nigeria--Made In USA liquid fuel products are selling to the highest bidders in Brazil and Asia. Remember Republican claims that the reason gasoline was bumping four bucks a gallon was that 'job destroying' EPA regulations had limited refinery expansions? Somehow, three years into Obama's first term, there's now enough refining capacity to export increasing amounts of gasoline and diesel (a princ...

Full article: http://www.treehugger.com/fossil-fuels/energy-independenc...

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