It looks like there's going to be another bill introduced in Congress to permit offshore drilling for oil. And meanwhile, the argument between conservationists and the rest of society continues.
"We would probably have enough oil to drive our 60 million cars for about 25 years and heat 60 million homes for probably about 50 years," Randall Luthi, president of the National Ocean Industries Association and a former director of Mineral Management Service under President George W. Bush, told Fox News.
And then Tupper Hull of the Western States Petroleum Association said, "We could replace every drop of oil that California imports for 36 years if we were able to develop that resource."
Hull agrees that California and the federal government should aggressively pursue alternative technologies, but says that won't eliminate America's need for domestic oil.
And as far as alternatives go, Hull went on to say, "The reality is, according to the U.S. Department of Energy, in 2035 better than 80 percent of our energy will come from fossil fuels. And that assumes an explosive growth in volume of the alternative and renewable fuels."
In the meantime, as for the bill's prospects, after likely House passage Wednesday, it will die in the Senate because Senate Majority Leader Harry Reid will not allow any bill that allows drilling to come to the Senate floor.
So, I guess for now, George Soros is safe. But he better start exporting here from his Brazilian wells quickly because his flunky's clock's ticking fast. And the odds are that someone who wants Americans to use oil drilled right here at home will likely replace him in the White House quite soon.
That's it for today folks.
Adios
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