The Sisyphus Files

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Oil Supplies, “A crisis of confidence”

“What the United States faces today isn’t an energy crisis. We’ve got plenty of sources of energy, from oil and natural gas in coastal waters (off Alaska, Florida and elsewhere) to coal (enough to provide all our electricity for a century) to nuclear power (which produces electricity without any CO2 emissions). Yet… we haven’t built a new petroleum refinery since 1976. We haven’t opened a nuclear power plant in two decades… The problem today is a crisis of confidence. We’re not willing to expand our domestic sources of energy, even though we know we can protect the environment while also drilling for oil or refining gasoline.” Ed Feulner, The Heritage Foundation

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