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God created all sorts of energy resources, only a few of which have been developed and utilized to drive our economy. Energy is the life blood of freedom and it is what allows our economy to produce individual wealth for all Americans. And, this is why energy, in all forms, is so very important to the average working American. Cheap inexpensive oil is what results in the costs of everything to go down to reasonable affordable levels for us all. When energy is inexpensive it is also an incentive for Americans to start new small businesses, because then it is easier to make a good profit, and therefore lower energy costs results in hundreds of thousands of new jobs and allows for significant increases in money available for wages on the shop floor or out in the field.

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Representatives Henry Waxman (D-CA) and Ed Markey (D-MA) modified their global warming proposal from the draft version published on March 31. For the most part, the changes focused on the distribution of the allowance revenue–the equivalent of tax revenue.

There was also a slight easing of targeted emissions reductions for 2020, which resulted in a marginally lower economic impact. However, the new distribution of allowances created a less efficient pattern of government expenditures and more than offset the gain from the lower cap for 2020.

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“Democrats are suggesting, however, an even more ambitious reason to nationalize [the auto industry]. Once the government owns Detroit, it can remake it.

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The whole reason the industry is failing is because of the obscene union contracts and legacy costs that inflate the cost of the vehicles, making them uncompetitive compared to foreign competition. Just simply doing business outside of Michigan could make the cars more affordable for consumers. Certainly scaling back is in order. All of the above can be addressed with a bankruptcy, and those arguing against bankruptcy are simply shills for Big Labor.

To answer the question, a sustainable auto industry will be one that is not so hampered by the cost of labor. It will be one that does not overproduce. It will be one that is profitable.

And it will be one that is not dependent upon federal welfare to stay afloat.

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That’s because the plan is a Democratic giveaway. New production on offshore federal lands is left to state legislatures, and then in only four coastal states. The regulatory hurdles are huge. And the bill bars drilling within 50 miles of the coast — putting off limits some of the most productive areas. Alaska’s oil-rich Arctic National Wildlife Refuge is still a no-go.

The highlight is instead $84 billion in tax credits, subsidies and federal handouts for alternative fuels and renewables. The Gang of 10 intends to pay for all this in part by raising taxes on . . . oil companies! The Sierra Club couldn’t have penned it better. And so the Republican Five has potentially given antidrilling Democrats the political cover they need to neutralize energy through November.

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The “bipartisan” Republican senators have undercut these efforts, and boosted Ms. Landrieu. They’ve even put a smile on Senate Majority Leader Harry Reid’s face. He’d been struggling to tamp down the energy debate through November, where he hopes to increase his majority and permanently shelve drilling. He’s now counting on the Gang to fruitlessly continue “negotiations” straight through the Senate’s short September session and solve his problem for him.

Not one of the five Republicans in the Gang is facing a tough election this year. That’s the so

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Chinese workers are buying SUVs and big sedans while the U.S. Congress is demanding that we use rickshaws, bicycles and walking. The Democrats in Congress are happy that the price of gasoline is so high. They do not have to pay for it, because we pay it for them.

Meanwhile, China is drilling for oil not far from off our Atlantic coast to harvest our domestic oil out from under us while the U.S. Congress keeps it illegal for our companies to harvest our oil off shore.

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The future of our civilization lies in the balance.

That’s the battle cry of the High Priest of Global Warming Al Gore and his fellow, agenda driven disciples as they predict a calamitous outcome from anthropogenic global warming.

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GOP Rep. John Peterson of Pennsylvania offered an amendment a year ago to permit offshore natural gas drilling. It was defeated 196-233 by do-nothing Democrats now panicked over high gas prices and forecasts of declining energy supplies from non-OPEC nations.

Offshore oil and gas production has been banned off most of the U.S. coastline since Congress approved the Outer Continental Shelf moratorium in 1981, which prevented the leasing of coastal waters for fossil fuel development.

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