Road To Ruin

"The U.S. has rising energy needs despite the economic downturn," Prince Turki said. "If you are going to be paying for wind, electric and solar energy equivalents that cost five or 10 times more than it costs to use oil, you are going to price yourself out of the market. You are going to lose whatever competitiveness you have in your products."

Prince Turki al Faisal quoted in Saudi Royal: U.S. Can't Be Energy-Independent, Washington Times, April 27, 2009

Prince Turki is stating the obvious. But, between Obama's push for cap and trade and the breaking of his campaign promise to allow for exploitation of our domestic resources, we are going straight down the road to severe, long term economic problems. The need to exploit these resources is something I posted on at length here. Joshua Pundit points out, in a detailed post, the vast resources at our disposal which sit untouched. I recommend it highly.

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