Today we heard substantive words we’ve been waiting to hear…
Mitt Romney has a WALLOPING energy independence plan for the USA!
Revving up the crowd in oil-producing town Hobbs, New Mexico, Governor Romney unveiled his BOLD new direction for ending America’s dependence on foreign oil - and more. Choosing Watson Truck & Supply Co., a trucking, oil, and field service company as his backdrop, Romney spoke of getting America energy independent by 2020. It lit the audience on fire.
Governor Romney: “Three million jobs come back to this country by taking advantage of something we have right underneath our feet. That’s oil, and gas, and coal. We’re going to make it happen. We’re going to create those jobs. Let me tell you what else it does. It adds $500 billion to the size of our economy. That is more good wages. That’s an opportunity for more Americans to have a bright and prosperous future. It also means, by the way, tens of billions, potentially hundreds of billions of dollars, of tax revenues going into states and the federal government which can make sure we have a military second to none and schools that lead the world and care for our seniors, better roads and bridges. Accomplishing what I’ve described right there also means lower energy prices for American families and by the way, for American businesses, so that as businesses are thinking about where to build a factory and they look at the cost of production, let’s say, of a particular product, and they look at the energy cost, they see that here in North America, we have ample energy and it is low cost. And that will bring businesses back here. So you are going to see more manufacturing come back to the United States as a result of doing what is so clearly in our best interest.”
Listen to further details in Romney’s EXCITING SPEECH here.
UPDATE – PDF ‘The Romney Plan for a stronger Middle Class: ENERGY INDEPENDENCE’
More on Romney’s plan:
“It is achievable,” Romney said while flanked by heavy equipment used for oil exploration at a trucking facility. “This is not some pie in the sky kind of thing. This is a real, achievable objective.”
Romney’s slimmed-down six-point plan, previewed to reporters Wednesday evening, revolves around increasing domestic oil and gas production in order to spur job growth, while reducing red tape and streamlining federal regulations he argues hinder growth.
Among his proposals, Romney called for increased offshore drilling along the continental shelf, reducing wait times for drilling permits on federally controlled lands, and completing the Keystone XL pipeline to bring in oil from Canada - a constant criticism from Romney who has called its approval “a no brainer.”
The increased production, according a briefing paper released by the Romney campaign, will create 3 million jobs - 1 million of them in the manufacturing sector - and upwards of $500 billion in additional Gross Domestic Product. And for cash strapped municipalities and states, they argue it will increase tax revenues by up to $1 trillion over 10-years.
“That’s more good wages,” Romney said. “That’s an opportunity for more Americans to have a bright and prosperous future.”
In addition to the 15 million barrels already produced in the US daily, Romney said his proposals would produce 2 million barrels from off shore drilling, 2 million barrels from “tight” oil production - oil reached through horizontal drilling and “fracking” - 1 million barrels of bio diesel, and another 2 million barrels in natural gas. The extra production, Romney argues, would leave North America completely self-sufficient.
“The net of all this, as you can see, is by 2020, we’re able to produce somewhere between 23 and 28 million barrels per day of oil and we won’t need to buy any oil from the Middle East or Venezuela or anywhere else that we don’t want to,” Romney said.
Obama’s main energy focus has been on renewable energy and awarding outlandish amounts of taxpayer money to his ‘green‘ cronies - money which has mostly gone *poof* into thin air with few, if any, results - or went to foreign companies. And, surprise! As it turns out, Obama’s so-called “independent” energy loan watchdog, Herb Allison, is an Obama guy and is donating money to reelect him.
Contrary to all the facts and figures Obama is now spouting about his superb energy record, our President implemented a No New Access Energy Plan. Plus, remember back in 2008 when Obama said under his Administration’s policies that coal plants would go bankrupt? Once elected, he sicced the EPA on that right away. Don’t forget Obama’s billions of dollars loan to Brazil to develop their off-shore drilling (while suppressing U.S. off-shore permits) assuring them America would buy their oil. Guess what? Brazil’s oil is going to… CHINA. (Smell a rat? Go see the movie 2016: Obama’s America to understand why Obama does what he does. I guarantee your eyes will be opened.)
Romney also approves of renewables, but has the common sense to know that repressing fossil fuels in the hope that windmills and sunbeams will magically supply America’s commercial, military, and private sector needs is short-sighted and very foolish. Obama’s energy actions have STUNTED America and heaped more bills on the mountain of bills he’s racked up for U.S. citizens to pay. Sixteen TRILLION dollars of debt… coming soon to America!
Many Americans have been anxiously awaiting the day we develop our own energy sources in such a capacity that we no longer have to kowtow to oil cartels. Romney’s full-scope, forward-thinking plan to unleash the natural resources we’ve been blessed with, in an expedited yet responsible way, along with the massive resultant benefits, is VERY GOOD NEWS.
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Follow Jayde Wyatt on Twitter @YayforSummer