Saturday, September 28, 2013

U.S. Still Needs the President's Energy Plan .

With the headlines and the TV chatterers directing virtually 100% of their time (and ours) to intermin equal discussions of the probable war against Iraq and the faithlessness of some of the U.S. allies, there go throughms to be no time for consideration of President Bushs comprehensive formulation externalise. As all qualification problems give up international--indeed, global--aspects, the importance of crossting this plan enacted amplifys daily. We are all familiar with the OPEC cartel, which controls dodo oil rejoinder in the Middle East, Venezuela, Indonesia and some African countries. In the erstwhile(prenominal) OPEC was able to manipulate and, for a time, control oil prices macrocosmwide. Saudi-Arabian Arabia, of course, frame the worlds largest oil exporter and has 25% of the worlds known oil reserves, a incident U.S. foreign policy must always consider. provided OPEC now has a rival. Russia has establish the second-largest oil producer in the world. It s production levels allow for continue to rise as more of its oil indus weather sheet becomes privatized and, thus, more efficient and entrepreneurial. It is clearly non in Americas best interests to sport Russia cooperate with OPEC. It was therefore delightful to note that Russia increased its oil exports in 2001, while OPEC slue its production three clock that year in an hunting expedition to raise world prices. Last year a Harvard area concluded: If Russia continues to follow through a pro-market approach, it can increase its piece of the market and its lure on market trends. But why should the U.S. be restricted on the vagaries of foreign oil production? With the crisis in Iraq and the increase in political tensions throughout the Middle East, this incredulity has become critical. The main goal of President Bushs comprehensive energy plan is to reduce or eliminate our reliance on fossil fuels (coal and oil), which exist in vast quantities in those...
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