1) To you Ron Paul supporters: he has officially endorsed the Constitution Party candidate, Chuck Baldwin, for President. I asked before if Bob Barr would get your support, and was rebuffed by a few on the grounds of his Clinton Impeachment involvement. I ask anew: Will you support Baldwin and the Constitution Party for President, as Ron Paul will be doing?
2) It makes all the sense in the world to open up domestic oil sources in a big way. No one is saying we're going to replace our oil usage entirely with these sources, not McCain, not T Boone, not anyone. We could however tap them and see upwards of 5 million barrels a day from these sources, doubling current domestic production and cutting nearly in half our 12 million/day import. Even if it is only 2 million, that is a significant amount of money that we are not sending out of the country anymore, money employing US citizens in drilling, pumping, transport, and refining. Will it make a dent in the world oil markets? Yes and no. Yes because the US producers will not be part of OPEC and thus will be able to be a downward pressure on price. The more we open up our production potential the more able domestic producers will be to undercut others prices and meet more demand. No in the sense the US is going to become some Saudi Arabia like oil producing nation. The point is, we don't need to be a major producer to make a sizable impact on global pricing and on domestic pricing. And regardless of pricing, it makes us more energy and financially secure.
3) Consider that as the US economy has been faltering, oil along with gold have become hedges. The more we explore, prove reserves, and tap for production domestically the more stable the US dollar will be. Also, while alternative energy sources are nice and all in theory, they are not ready yet, what is usable is still very expensive, and they will require great deals of investment capital (something our clamped up credit market isn't going to support at the moment and possibly for the next several years) to get to an economic energy source. Once developed to the point of being cheap and reliable it will still take years to penetrate the market, gain acceptance, and displace current energy technologies. The only way we we're going to pay for all of this is to actually start selling something the world wants, and a lot of it. We can't out manufacture them. We ran out of gold a long time ago. They don't like our cell phone and gadget ideas. Our clothes are way too expensive. Intellectual property is an oxymoron and only barely enforced in the up and coming nations. If we aren't going to sell them our oil, I'm not sure what the hell we're going to sell them. We have lots of it. Drill the oil, sell the oil, let oil companies reinvest in oil, make the money while we can, while a profitable market for the damned commodity still exists.