It's time to face facts. We have a bumpy road ahead of us. The outcome of the election does not present Americans any great options. No matter who's name goes on the mailbox we have some tough times ahead.
Gas and Milk are now on the way to $5.00 a gallon with no end in sight. Floods have wiped out crops in the Midwest so food prices are rising along with the cost of getting food to market.
Iran and Israel have their dukes up and if anyone even grunts in the middle east oil shoots up to another record high.
While the talking heads debate politics and the recession word, we are under attack and no one wants to admit it.
American productivity and therefore our entire economy depends on fuel. That fuel comes from oil. Sure you have nuclear, solar and coal but none of those move a truck or car. They don't power the ships at sea and we are vulnerable. It should not be a question of if we should start drilling and pumping our own oil. The question should be how quick can we get started?
Some want to present this as an environmental issue. Forget it. The oil was created naturally. We have safety measures that did not exist 20 years ago. I don't see the green weenies stopping the oil cartels elsewhere in the world.
This is not just about expensive gas. It's about national security. I have to have a passport to go to Canada now. I have to take my shoes off the get on a plane. Nail clippers are considered a deadly weapon. If you want to bring this country to a screeching halt, don't target people or buildings. You target the oil supply. It's like removing oxygen from the room. You won't last long.
Oil is the new weapon and we are under attack. Oil shipments that pass through the strategic Strait of Hormuz have already been publicly threatened. Ayatollah Ali Khameni, Iran's supreme leader, has warned the United States "the slightest misbehavior on your part would endanger the region's energy security," he said. "You are not capable of guaranteeing energy security in this region." Oh but hey, let's pull out of Iraq so we are not even in the neighborhood!
Iran has a plan to open its own oil exchange — the Iranian Oil Bourse (IOB) — with the goal of becoming the dominant center of the Middle East's oil trade. Some of the major oil-producing countries such as Venezuela and a few of the larger oil consuming countries, most notably China and India, have already announced their support for the IOB.
The attempt at trading oil in euros rather than could lead to a huge drop in value for the American currency, potentially putting the U.S. economy in its greatest crisis since the depression era of the 1930s.
Instead of worrying about the devastating effects already beginning in our economy, the threat of shutting oil lanes in the Persian Gulf or Iran's uranium enrichment program, some are more interested in polar bears, global warming and keeping our path to energy independence blocked. If we Americans can agree on anything it should be our national security. This is not an obscure energy policy item. If we don't put politics aside and defend our self, we will discover that oil is the noose around and it get tighter everyday.