We generally associate Maryland with the Chesapeake Bay, oysters and the Baltimore Orioles. Yet in the mountainous western part of that state are enough coal reserves to fuel every electric generating power plant east of the Mississippi for 50 years. The states of Illinois, Ohio, Alabama, Pennsylvania, West Virginia, Virginia, Indiana, Kentucky and Tennessee could each do the same thing for over 100 years. The oil locked in the shale deposits of Colorado and Utah equals more than the petroleum reserves of Saudi Arabia and Iraq combined. This is to say nothing of the vast coal and oil reserves in Wyoming and North Dakota.
Shell Oil has spent hundreds of million dollars test drilling in the Arctic Ocean. They have proposed spending over $5 billion to build a refinery in Alaska to handle this oil when the field starts producing. Because there is an Eskimo village of 245 people over 60 miles away, Lisa Jackson and the environmental activists at the EPA are denying Shell an air permit.
We're looking at billions of barrels of oil here. Obama has already halted the construction of the pipeline carrying the oil from the tar sands of Alberta to the refineries of Texas. We're sitting on more fuel reserves than any country in the world. Do we really want energy independence?
Here's something interesting as far as alternative energy sources are concerned. If 20 percent of the hydro-power potential generated by the rivers in Quebec were harnessed, there would be enough electricity generated to service every major city on our eastern seaboard and Chicago, Cleveland and Detroit as well.
One stroke of the pen by Obama would put hundreds of thousands of people to work and move us toward energy independence. The steel mills would boom manufacturing the pipe, machine shops, foundries, fabricators, construction companies and chemical companies would be needed to service our push to energy self sufficiency. Our budget could be easily balanced with our export of the excess oil we generate. Who knows the vast potential locked up in the Marcellus and Utica shale.
Why isn't somebody making a move to get this ball rolling?