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URL:  http://boards.fool.com/intruder-alert-30316366.aspx

Subject:  Re: Are We Energy Independent? Date:  10/12/2012  4:48 PM
Author:  paralwaysgood Number:  648495 of 741038

Intruder alert!

http://www.nytimes.com/2012/03/23/business/energy-environmen...

Just a couple of comments:

1. I question the 83% number cited earlier, definitely in terms of crude oil. America produces about 6 million barrels per day, and uses 18-19 million barrels. I would guess coal and gas provide 90-95% of the electricity.

2. We agree that exporting oil to other countries is short-sighted and not in the country's best interests. There's only so much oil in the ground, and I would rather use their oil first, saving ours for later. The philosophy of free market capitalism, combined with short-term financial goals, compels these corporations to maximize profitability and resource utilization.

3. Once again, blaming stuff like this on President Obama seems misguided. There's been a push to increase domestic production that started under President George W. Bush, and continues under this President. What concerns me is the timing to push domestic production. Why now? It's an important change in strategy.

Your hit-and-run Democrat correspondent says thanks for reading.
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