Reason #10
Complete and Total Energy Independence
This is a big one... actually a huge one.
The State of Texas is #1 in
the United States for production of crude oil, refined oil products, and natural
gas. We are also #1 in the production of electric energy from wind power. How
about that, we've got it all. So why, in the name of the Union, would we want
a central government to tell us that we cannot drill for our own oil? Why would
we want a central government to dictate the price at which we can sell energy
products to other states?
Texas is so influential in
the crude oil world that daily spot prices for crude oil are based on the price
of Texas Sweet Crude. And yet, because of regulations from Washington, oil producers
in the State of Texas are not allowed to exercise their free right to drill,
extract, refine, and market oil products as they see fit.
Texas is the #1 state in exports, largely in part because of oil and gas production.
Because of this, an independent Texas would not only reap the financial benefit
of its own energy resources, but the state would be able to exercise a much
greater control over its own energy markets.
The Federal Government has positioned itself against the development of nuclear
power plants. Nuclear energy is the cleanest and least expensive form of electric
energy production known to Texas. Yes, it is much less expensive than wind energy,
and less expensive than solar, coal, or natural gas. It creates ZERO polution
and operates as a "steady state" source of electricity. Yet, the Federal
Government's Nuclear Regulatory Commission will not issue a permit for a new
nuclear power plant. This makes just about as much sense as not drilling for
your own oil. UPDATE: the NRC currently has 6 applications for new nuclear power
plants... 3 of them in Texas, however 2 of the plants have now been denied permits
because of an NRC regulation that a nuclear power plant cannot be owned or dominated
by a foreign entity.
Texas has the resources to become one of the largest energy exporting countries
in the world, except that an overbearing Federal Government will not allow it.
Is this the "will of the people?". It this an example of "State
Sovereignty?". No. This is yet another example of how the Federal Government
has exceeded its Constitutional power.
Now let's talk about "Cap and Trade", or what is formally known as
the American Clean Energy and Security Act of 2009 (ACES). ACES aims to "cap"
the total amount of carbon emissions in the nation, and reduce that total slightly
every year through 2050. See Reason #2 for a
more detailed explanation of Cap and Trade. For now, understand that Cap and
Trade requires carbon credits to be purchased for production of carbon dioxide
gas. In Texas, there are thousands of "marginal" oil and gas wells
that continue to operate as long as production costs remain low. Once the operators
of these wells are required to purchase carbon credits, these wells will no
longer be profitable and will be shut down. This will result in a loss of jobs
in the state of Texas, and a reduction of total natural gas and oil production
domestically, resulting in an INCREASE in reliance on foreign sources of energy.
Cap and Trade will cause energy prices to INCREASE and will cause our dependence
on foreign oil to INCREASE. Nothing could be more harmful to Texas and the nation
than this totally insane piece of legislation. Did I say "insane"?
Yes, I did. Our federal lawmakers in the US House of Representatives have lost
their grip on reality. Fortunately, this horrible piece of legislation did not
make it through the Senate. The result had been an abundance of oil and natural
gas production in the state of Texas and a substantial reduction in the importation
of foreign oil.
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