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More US Oil to Come

President Bush lifted the drilling ban Tuesday for Alaska’s Bristol Bay, clearing the way for the Interior Department to open the fish-rich waters to oil and natural gas development.

Alaska officials as well as local communities had asked for the ban to be lifted, but environmentalists have warned against drilling in the bay, which is also a major fishing area for salmon, crab and cod.

Interior Secretary Dirk Kempthorne said one or two lease sales in about 5.6 million acres of Bristol Bay will be considered for leasing in the department’s upcoming five-year 2007-12 lease plan.

Separately, Bush lifted a drilling moratorium in an area of the central Gulf of Mexico known as Lease Area 181, making that area available to drilling.

The Gulf waters acted upon by the president is a small part of a much larger 8.2 million acres that were approved for oil and gas development by Congress last month in one of its last acts before adjournment.

Of course, the usual suspects are up in arms over this. But it’s a good move to cut our dependence on foreign oil. We should just stick with our NAFTA partners, if we can. No more Mid-East Oil. 

Posted by James Hudnall on 01/10 at 05:27 PM
 
  1. A more efficient and cost effective renewable energy system is needed.
    To accelerate the implementation of renewable electric generation with added incentives and a FASTER PAYBACK - ROI. (A method of storing energy, would accelerate the use of renewable energy) A greater tax credit, accelerated depreciation, funding scientific research and pay as you save utility billing. (Reduce and or eliminates the tax on implementing energy efficiency, eliminate increase in Real estate Taxes for energy efficiency improvement).
    In California, you also have the impediment, that when there are an interruption of power supply by the Utility you the consumer cannot use your renewable energy system to provide power.
    In today’s technology there is automatic switching equipment that would disconnect the consumer from the grid, which would permit renewable generation for the consumer even during power interruption.
    New competition for the world’s limited oil and natural gas supplies is increasing global demand like never before. Reserves are dwindling. These and other factors are forcing energy prices to skyrocket here at home. It’s affecting not just the fuel for our cars and homes, but it’s driving up electricity costs, too. A new world is emerging. The energy decisions our nation makes today will have huge implications into the next century.

    A synchronous system with batteries allows the blending of a PV with grid power, but also offers the advantage of “islanding” in case of a power failure. A synchronous system automatically disconnects the utility power from the house and operates like an off-grid home during power failures. This system, however, is more costly and loses some of the efficiency advantages of a battery-less system.

    Posted by  on  02/14  at  05:03 PM
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