Family Security Matters » Publications » Energy ABCs: Playing Americans for Fools

Family Security Matters » Publications » Energy ABCs: Playing Americans for Fools: "I have long harbored strong doubts about the knowledge that most Americans possess regarding the sources of energy they largely take for granted. We flip a switch and the lights go on. We pull up to the gas pump and drive away. We use machines that are totally dependent on having enough electricity to power entire cities as well as rural communities.

Since all successful economies depend on abundant, affordable energy, why is the Congress preparing to pass a cap-and-trade bill, renamed to suggest “clean energy” and “national security” has anything to do with a huge tax on the use of energy by all Americans?

There are some fundamental facts about energy in America you need to know. The Congressional Research Service recently released a report on U.S. energy reserves
. To begin:

The U.S. has 1,321 billion barrels of oil (or barrels of oil equivalent for other sources of energy) when combining its recoverable natural gas, oil and coal reserves. This is oil known to exist and oil estimates in fields as yet untapped. Between Alaska and the continental offshore potential, we could literally be self-sufficient."