Oklahoma’s leading newspaper panned the administration’s stop-gap attempts to alleviate higher energy prices by dispersing some 60 million barrels of crude oil from the country’s Strategic Petroleum Reserve.
What passes for national energy policy in the Obama administration is to release oil from the Strategic Petroleum Reserve, which is supposed to be kept for emergencies. In other words, what passes for national energy policy is political pandering.
Instead, the Daily Oklahoman suggests that the powers that be in Washington ought to tap into America’s considerable natural gas resources, which offer a proven path to energy security. In this regard, it singles out the NAT GAS Act, which has been championed by Tulsa Congressman John Sullivan:
A serious policy would encourage more domestic oil exploration and increase the use of natural gas to power vehicles. Oklahoma’s congressional delegation is pushing legislation designed to stimulate the use of compressed natural gas for cars and trucks.
Not only would Americans be switching to a more reliable, domestic energy source, but it is a cheaper one as well:
Motorists already have an incentive to use CNG: Current pricing puts the commodity at $1.39 per gallon of gasoline equivalent.
Read the complete editorial HERE.