America needs an energy policy that includes every American. A policy based on the free market and individual choice. What we don't need is another huge bureaucracy and more taxes paid by the American people. The federal subsidies given to the oil industry and foreign oil producers should be stopped. Energy independence is important to our national security and our national sovereignty. We must therefore have affordable, environmentally safe, clean, sustainable American energy produced on American soil by American workers.
Congress needs to do a better job managing federally owned lands and federal leases. 100% of the revenues from those leases should go to the American citizens as dividends. Tax credits for alternative energy should be made permanent. Margin limits on oil futures should be raised to 50%.
According to testimony at a congressional hearing, at least $1.50 per gallon of the price we are paying at the pump is due to the federal deficit. Deficit spending is a major cause of the devaluation of the dollar. If we had purchased our gasoline with gold or silver for the last four years, we would not have noticed much of a price change at the gas pumps. Congress must balance the federal budget without raising taxes. Instead Congress has passed legislation that will raise cost for every American. The anti-American business regulations passed by Congress that foreign companies don't have to comply with are hurting Americans. More government bureaucracy applied to a problem that government caused in the first place is not much of an answer. If Congress is serious about fuel efficiency, then the government purchasing office should only purchase high mileage vehicles. We need leadership by example. To ask Americans to pay more, while our federal government does less and charges more is wrong. Many Americans already spend 1/2 of their working hours just to pay taxes. That is just plain wrong. We are overtaxed, over-regulated, and overrun by bureaucracy.
To find out more about CAFE standards, please view the following link.
To find out more about CAFE standards, please view the following link.
The following video is quite long, but has some information that needs to be part of any energy overview.