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Romney Campaign Admits Oil and Gas Industry Wrote Their Energy Plan
Not even trying to fool anyone anymore, the Romney campaign has admitted that their energy policy was written by the oil and gas industry.
Mitt Romney has unveiled his energy policy, and it looks like this:
Doesn’t it seem like the Romney campaign has taken to throwing random numbers on to a pretty chart, and then proclaiming look at our plan!!!!
Here is the Romney energy plan boiled down to it’s simplest terms.
1). Let the oil and gas industry do whatever it pleases.
2). ??????????????
3). Woo-hoo!!! Energy independence by 2020.
This plan looks oddly familiar. In fact, we saw this same plan in 2008 when it was called drill, baby drill. The Romney plan looks like it would be a dream deal for the gas and oil industries, and it should, because they wrote it.
According to The New York Times, ” An individual close to the Romney campaign said that Mr. Romney’s staff drafted the proposal in consultation with industry executives, including Harold Hamm, an Oklahoma billionaire who is the chairman of the campaign’s energy advisory committee and chief executive of Continental Resources, an oil and gas driller. Just this week, the oil and gas industry gave nearly $10 million toward the Romney election effort in two fund-raisers.”
You have got to hand it to Mitt Romney. He isn’t even trying to fool people anymore. Mitt Romney’s ideas for energy will make George W. Bush and Dick Cheney look like environmentalists.
Romney’s plan is based on the outright lie that the oil and natural gas drilled for in this country belongs to the United States.
The is the Republican Party’s big lie.
Any oil or natural gas drilled for in the United States belongs to the oil and natural gas companies, and those companies are free to sell American resources on the global market. Before the debate can even be held on Romney’s plan for energy independence by 2020, it needs to be understood that the entire Republican premise is built on a lie.
Let’s say Romney let’s the oil and gas companies drill anywhere and everywhere. Whatever they increase production by isn’t going to help the United States become energy independent. That increased production would be profit for the oil and natural gas industry.
But, what else would you expect from a candidate who allowed the oil and natural gas industry to write his energy plan?
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31 Responses to Romney Campaign Admits Oil and Gas Industry Wrote Their Energy Plan
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calma60
Aug. 23rd, 2012 at 10:46 pm
That’s what I really dislike. Until our energy needs are met here, the gas and oil etc that is gotten on US soil needs to stay on US soil.
Marco^
Aug. 24th, 2012 at 9:24 am
Sorry to burst your bubble, but oil and gas are sold on the global market. That’s the way big oil and big gas want it. That’s the way it’ll continue. QED
Terazilla
Aug. 24th, 2012 at 1:10 pm
While I sort of agree with you, it doesn’t seem like it really matters in the long run. The US produces something like 7% of its own oil. While we can up our production some, even if we double it (which it doesn’t look like we can, even if we demolish our environment to do it) we’re going to be nowhere close to providing for our full usage.
If we want energy independence, we’re going to have to use alternative sources. I don’t understand why the Republican platform is all oil centric, as it would be an enormous boon to national security to be energy independent, and so far as I understand things that’s completely impossible with oil.
Jeronimoe
Aug. 24th, 2012 at 2:04 pm
The oil the US consumes is used to then produce gasoline, which we then sell to the rest of the world. When people hear that we import so much oil, they often forget that we then just export the byproducts after we refine it, we aren’t using all of the byproducts ourselves in the USA.
Tara
Aug. 24th, 2012 at 2:21 pm
or we could just stop using oil. We have the technology to make the switch… fu¢k the oil companies at this point! IF you can’t play fair you don’t get to play at all.
Tony Cortez
Aug. 24th, 2012 at 7:30 pm
You people crack me up…So lets do nothing…like we have for the past 3 years…Lets just keep getting our oil from other nations and sit on our hands…In the mean time we will develop alternative fuel sources, like wind power, solar, and battery power….bla..bla..bla…So far they can’t even build an electric car that can go more than 60 to 70 miles on a single charge. The federal government gives you a $7500.00 break on the price as an incentive to buy this garbage. LOL. This is about as dumb as putting ethanol in gasoline…It gives you worse gas millage…artificially increases the price of corn…and the ethanol ruins the engines it’s used in. I agree we should develop alternative fuel sources, we just aren’t there yet, but our infrastructure is already set up for oil and natural gas…Lets do the sensible thing and get competitive with the rest of the world. Think about this…Even if we send our fuel over seas…We are creating more competition, thousands of jobs and competition helps pricing…Period!!!! I am like you…I don’t want to see the spotted owl killed off or the snail darter minnow…but I am tired of having a 15 trillion dollar deficit. You should be as well. You can’t please everyone, but you can do the responsible thing, and it starts at home. We have made people in the Middle East rich beyond measure…and why???? I will tell you why, because it takes 15 years to get a permit from the EPA to build a refinery. You can’t drill….well….anywhere because every place is protected, or the green people protest…and the thing about this country…we allow the loudest voice to dictate policy not the smartest voice…It’s time to get smart!!!!
Shiva (Moderator)
Aug. 24th, 2012 at 7:48 pm
You are just chuck full of out dated info.
BTW did you know most of our oil comes from Canada and Mexico?
Also, oil will not build refinerys. They want the price right where it is. We do not run 100% capacity now
Also that most of our ethanol comes from Brazil? And that it Doesnt ruin engines? Ouch that hurts doesnt it
Shiva (Moderator)
Aug. 24th, 2012 at 8:01 pm
Your wrong about the electric car
Your wrong abouit wind power, its free and your scared of it because it doesnt feed millionaires. Are you a tool? We have been doing stuff the last 3 years. Did you just move back here from Iran?
In short, give up the old old propaganda
You are wrong about the drilling. You are wrong on everything you saod
rob
Aug. 25th, 2012 at 10:02 am
ethanol actually prevents detonation way better than regular gasoline. on top of that corn is used for plastic and all sorts of other things made from it
calma60
Aug. 23rd, 2012 at 10:47 pm
Especially if ANY subsidies from the US government are involved.
robyn ryan
Aug. 23rd, 2012 at 11:00 pm
The chart throws fairy dust plans and then builds castles on them. “Taking full advantage…” sounds like one of those legitimate rapes. No details. Just “poof” and magic happens :P .
I know where THIS one is going…
Sally
Aug. 23rd, 2012 at 11:46 pm
Good Lord. And STILL the sheep on the right will hail Romney for his big plans. His plans that will bankrupt the country and end the middle class. But, he does have a plan. Oil subsidies have to end. it is ridiculous that we pay them to sell their oil overseas for a huge profit while they raise prices here. How do these people sleep at night? Seriously..they have the moral code of Satan himself.
Frank McLaughlin
Aug. 24th, 2012 at 11:23 am
Hate to tell you Sally – but the country is already bankrupt thanks to Bush and Obama .
GeneralLerong
Aug. 24th, 2012 at 12:12 pm
And for remedial reading, we send Frank off to the corner to go through Paul Krugman for the past three years.
morgan
Aug. 24th, 2012 at 2:25 pm
I”m pretty sure the bankrupting of the country started with Reagan.
Sean
Aug. 24th, 2012 at 2:41 pm
Yeah that wasn’t due to Bush or Obama as much as you would want to place the blame. The economic crisis had more to do with our banks undercutting the federal loan market and then selling the restructured debt back to banks with premium credit guarantees. Neither presidency was directly responsible for this but both have failed to prosecute.
Pogo
Aug. 24th, 2012 at 1:10 am
Notice how carefully he says “North American energy independence” , not American or US energy independence.
Shiva (Moderator)
Aug. 24th, 2012 at 5:31 am
Its really hilarious when he says no oil from the middle east as if thats important. Most of our oil comes from Canada and Mexico to start with. There is no way we will stop buying foreign oil. As mentioned before we buy on the open market as well. We have huge reserves here of oil thats almost im[possible to get out of the ground without horrifying impact on the land
Dan
Aug. 24th, 2012 at 9:27 am
Number one it says North American energy independence. I wonder if Mr Romney plans on letting the Canadian and Mexican governments know we are going to annex their oil reserves because the US doesn’t have that kind of reserves on its own. Second, until we can find out what to do with nuclear waste we can’t really start cranking out plants. Not to mention it takes years to build a nuke plant. Not due to over regulation, but because one little glitch can kill millions! Coal? They wanna make gas from coal? Sure we can do that. At 8 friggin dollars a gallon! This points to enormous profits to the oil companies who are global. Those dollars aren’t gonna be split up between the American people. They are going into Romneys buddies pockets! Do you see how pathetic the chart was?! Couple of stick figures getting bent over a barrel of oil would have been more appropriate. To borrow a phrase from Charlie Brown. “I don’t mind your dishonesty, half as much as your opinion of me.” These guys think we’re idiots!
suggarstalk
Aug. 24th, 2012 at 11:41 am
Since it is our national resource, we own it and can legitimately demand it be used in the US.
Scott
Aug. 24th, 2012 at 12:55 pm
We would have to nationalize the wells. Like Saudi, Libya, Russia, and Hugo Chavez in Venezuala did. That’s socializing the industry and I’m for it. But good luck getting it past the neocons. 65% of the world’s oil reserves are state owned, but I don’t think big oil, who own many of our polititians, will allow their polititians to vote to nationalize.
Jason Easley
Aug. 24th, 2012 at 12:18 pm
Because of royalty agreements with the oil and natural gas industry, we don’t own it. They own whatever they extract. In order for the US to own it, the government would have to nationalize oil and natural gas drilling and production. According to Republicans, that’s socialism.
Carrie
Aug. 24th, 2012 at 3:22 pm
Except when Sarah palin does it. Republicans called that bold. Lol. They stand for nothing.
labman57
Aug. 24th, 2012 at 1:40 pm
Pillaging the planet of its natural resources with little regard for the repercussions to the global environment so that his benefactors in the fossil fuel industries can reap even greater record profits.
Perhaps this is Mitt’s idea of a “legitimate rape” of Mother Earth.
Ben
Aug. 24th, 2012 at 2:21 pm
And Obama’s plan? Give all our money to failed enterprises like Solyndra while blocking all attempts to get more energy, unless it’s really inefficient energy, or based on technology that isn’t ready to compete with gas. And surprise, it was basically written by environmentalists, many of whom are Luddites.
MiserableOldFart
Aug. 24th, 2012 at 3:32 pm
We need stronger environmental protections, without a doubt. I have never known an environmentalist “luddite,” but I have had a great deal of misfortune in running across plenty of right wing idiots.
MiserableOldFart
Aug. 24th, 2012 at 3:36 pm
We need to drastically cut our oil consumption. The USA’s insane overuse of fossil fuels is destroying our country and threatening our species. In addition, global warming, KNOWN to be caused by fossil fuel use, is threatening the USA wheat belt with temperatures too warm and weather too variable to grow high quality wheat. That is a blueprint for economic disaster, just like every GOP proposed program.
Robert Chapman
Aug. 24th, 2012 at 7:41 pm
According to an article published in Popular Science last spring, the US has vastly increased its recovery of domestic oil reserves by using new technology that permits us to extract oil from known oil wells previously thought to be dry.
In other words, the current boom in US oil is a matter of getting the final dregs out of played out oil wells.
It is good that we can recover these mineral reserves, but we should not overlook the fact that until the 1970s most of those same wells produced oil from the natural percolation of oil throught the drill holes.
In less than eigthy years, energy policy almost identical to the one Romney-Ryan are advocating reduced the USA from the land of Spindle-Top, gushers and easy wealth as portrayed in the movie Giant, to a nation addicted to foreign oil.
The biggest difference between Romney’s plan and the previous policy is that Romney’s plan won’t give us eighty years. We will exhaust our reserves far faster.
Our best future on energy is to choose Obama’s “All of the Above” energy policy and supplement our drilling with the development of renewable energy and to conserve our mineral resources with strong conservation measures.
Shiva (Moderator)
Aug. 24th, 2012 at 8:03 pm
Pumping water into wells to recover more oil is old tools.
The current boom is not pumping water into well, its new wells such as in N Dakota.
I cant believe the stupidity Im reading here
Jeff
Aug. 24th, 2012 at 10:01 pm
step 1: steal underpants
step 3: profit!
Ashbee
Aug. 25th, 2012 at 1:48 am
Once again we have the American citizenry being played like FOOLS because the science and economics education in our country simply isn’t strong enough. I don’t blame anyone for not truly understand this issue because there has been a concerted effort to hide facts from the people.
We can NEVER win the oil game on the supply side. Ever. Even if North America banded together and horizontally drilled every hydrocarbon field from north to south. All in we got about 7% of the world’s supply.
Our leverage is on the DEMAND side. We are the world’s largest consumers of hydrocarbons. If you want to drive down the price of oil and find any little “independence” you would go with the T. Boone Pickens plans. Go all in on wind, natural gas, and solar. You’ll never do away with oil consumption but try your best to minimize it. Don’t fiddle with personal vehicles but increase fuel efficiency standards by 30-40%. Switch all public transportation and as many semis as possible to CNG asap.
A simple stimulus to trained skilled workers in retrofitted buildings to run on natural gas and solar kills multiple birds with on stone. You put people to work. You stimulate gas markets by driving up demand. You decrease emissions. You use homegrown energy.
Here’s the big fat LIE. The LIE is that we open drilling on public lands and that crude is going to stay home. Let’s think for two seconds. Why would I keep it in the US when its going for $100-115 on the world market? It’s silly to think increased drilling would translate into cheaper energy prices at home UNLESS we wanted to socialize energy markets. But in the end that would screw us because our supplies simply aren’t great enough!!
There’s a clear cut, win-win solution to all this but you aren’t going to here it because a handful of billionaires are benefiting from the status quo.
Seek out the facts. They are there.