OPEC Turns 50
Tuesday, September 14, 2010 at 8:14PM Supporters of American ethanol reminded congress today of a not so glorious milestone. OPEC turns 50 and many wonder how much longer we will allow the cartel to hold sway over the American economy and national security.
“For 50 years, the OPEC oil cartel has had America over a barrel of foreign oil. We have had the opportunity in the past to break this chain. We need to enact policies to ensure we won’t be celebrating another 50 years for OPEC. ”
Between the trillions spent on fighting Middle East wars and the annual tribute of $300 billion in purchases, I think it's time we look at the relationship and do something to change it. We have several different sources right here in the US that can be tapped and help reduce our dependence on the Middle East. From our oil and gas supplies in the continental US, Canada and Alaska to all the renewables such as solar, ethanol and wind. We have what we need here, all we need is the will to use it. Not being a political blog, I am not going to give my opinion on who and what is holding things up. What I will say with a firm voice is that we all need to come together to ensure that DC makes strides in allowing and supporting domestic energy production. Not only could we provide abundant fuel, but also cleaner fuel. To top it all of, we are talking about millions of potential jobs that could be created. Sounds like a win win to me. Lets just hope that those in power see it as well.
Jobs, OPEC, Oil, Renewable Energy, US Economy in Economy, Energy
Reader Comments (1)
Kelcy Pope, Nebraska Corn Board and recent speaker at the Ports-to-Plains Annual Meeting, wrote at great commentary on OPEC and its claims at the 50th Anniversary.
"Today is OPEC's 50th anniversary - it even established a 50th anniversary web page to celebrate its achievements. The cartel brags about "Supporting stability, fueling prosperity" while providing "Goodwill Messages" and a list of six achievements.
It also provides a 50 years in photos section. Absent from those photos, of course, are the long gas lines from the early 1970s, gobs of pollution or the destruction of Nigeria. No photos suggesting any sacrifices by the U.S. military, either."
For her entire commentary go to: http://www.facebook.com/home.php?#!/notes/kelsey-pope/opec-pleased-with-itself-on-its-50th-anniversary/429847748247