Tags: Wolinsky | Romney | Obama | gas

Romney Would Win in Landslide By Explaining His Natural Gas Policy

Thursday, 30 Aug 2012 09:04 AM

By Jacob Wolinsky

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Many are worried about our debt load, which increases every single day; however, I am not concerned about it. If America could grow and create jobs, the extra revenue would more than compensate for the deficit.

When President George W. Bush lowered taxes in 2001, the deficit grew, but in the long term, debt-to-gross domestic product was stagnant since tax revenue increased.

Herein lies the problem with the Obama administration’s economic policy. The debt they are taking on is not stimulating the economy. President Barack Obama’s spending involves wasting money on unwinnable wars and giving money to teachers’ unions and other political allies.

Editor's Note: You Owe It to Yourself to Know What Obama and Bernanke Are Hiding From Americans

The big news this week is the Republican National Convention in Tampa. I did not get to watch it, but I heard that Ron Paul supporters were not too happy. Many of his supporters are asking what the difference is between Republican Presidential nominee Mitt Romney and Obama? Why vote at all, they ask.

On foreign policy, there are big differences, but I will focus on discussing domestic policy. I think there is one area where Paul supporters would love Romney. In fact, this issue could probably solve our debt problem and is the most important issue of the campaign, but it is not being discussed. Energy policy.

With Obama, we know we will hear about more subsidies for failing green companies, which outsource jobs to China. Romney is much more likely to embrace natural gas, which is a recent phenomenon with the ability to reshape our economy.

Due to new technology, we can now cheaply drill for abundant amounts of natural gas. America has enough natural gas to last 100 years. Billionaire T. Boone Pickens has called for American cars to run on natural gas instead of oil. Indeed, in underdeveloped countries like Pakistan, cars run on natural gas. There is no reason American cars cannot do the same. Additionally, oil is currently 50 times more expensive than natural gas is.

Romney’s energy plan calls for more drilling of natural gas on federal lands. Romney states that it now takes over 300 days to get a permit to drill a new well on federal land, a policy that he plans to change. Romney projects that under his plan, we could be energy independent by 2020.

Obama, on the other hand, will throw more money at money-losing projects. We will still be reliant on oil from the Middle East and kiss up to radical dictators in countries like Saudi Arabia under a second term of Obama.

This reason alone is enough to differentiate between Romney and Obama. It is up to Romney now to demonstrate this difference to American voters.

If he does this, I think he will win in a landslide.

Editor's Note: You Owe It to Yourself to Know What Obama and Bernanke Are Hiding From Americans


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