It is beyond axiomatic that the solution to our dependence on fossil fuels is not to be found solely in tapping additional sources of fossil fuels. Nonetheless, it is also apparent that the solution, which will necessarily be multi-faceted and involve a fair amount of societal change, will not happen in the short run (i.e. next ten years). Accordingly, it seems that tapping additional sources to buy time to bridge to the long-term solution makes sense. It makes sense from an economic perspective, as energy costs are a supply side item, and lower supply costs are a boon to the economy, as well as from a national security perspective, money to the Middle East, or Venezuala, funds those who would rather see this nation perish. So, I join the many who say “Drill Here, Drill Now, Pay Less!

Filed under: Economics & TaxesEnergyMark S.

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