Did you know…

• Oil consumption in the US in increasing steadily.

• Since 1970 Domestic oil production has dropped 50% from 10 million barrels a day to less than 5 million today.

• In 1980, former President Carter imposed a “windfall profits” tax on big oil. Expected revenue from the tax; $227 Billion. Actual revenue collected; $40 Billion. Because of the tax, domestic production fell 6% and foreign imports increased by as much as 10%.

• In 1990 Bush Sr. issued a presidential directive forbidding access to 85% of our outer continental shelf for oil production. In ‘98 Clinton expanded the directive to 2012.

• After Hurricane Katrina a bill was pushed through Congress to streamline the process of building refineries. The bill was shot down by a vote of “no” from EVERY Democrat in the Senate, one Independent and one Republican.

• Hillary Clinton (‘08 Pres. Hopeful) supports a “windfall profit” tax on big oil, which like in 1980 would do nothing but INCREASE our dependency on foreign oil.

Next time you hear a politician blowing hot air on the pulpit about how we need to increase our domestic production of oil, find an alternative fuel source or “tax the rich”… know that their only goal is for your head to bob in agreement, and for you to check that little black outlined box next to their name.

Finding a cheaper, renewable energy source is the last thing on their list…