By reducing our dependence of foreign oil and increasing alternative energy sources such as ethanol, we can begin to bring down prices at the pumps, create thousands of new jobs and bring a much needed boost to our economy.
Sentiment: POSITIVE
Ethanol has reduced our nation's dependence on imported energy, created thousands of jobs, reduced air pollution, and increased energy security. And renewable fuels cost less at the pump. It is a growth fuel that fuels opportunities for millions of Americans.
If we can produce more ethanol and bio-diesel to help fuel our vehicles, we will create jobs, boost local economies and produce cleaner burning fuels. This will keep dollars here at home where they can have a positive impact on our economy.
But we must take other steps, such as increasing conservation, developing an ethanol industry, and increasing CAFE standards if we are to make our country safer by cutting our reliance on foreign oil.
Well, for starters, we have to do more to create demand for new technologies that can reduce our dependence on foreign oil and environmental degradation.
With gas prices nationally, and especially in our area, increasingly on the rise, it is more crucial then ever that we take steps to diversify our energy sources and reduce our dependency on foreign oil.
We need to reduce or at least limit U.S. demand for oil as quickly as possible, and we need to develop new technologies that can further help address our addiction to oil in the future.
To pump up consumer or government demand would force interest rates up and asset prices down, possibly by enough to destroy more jobs than are created.
By encouraging conservation, increasing investments in clean, renewable sources of energy, and promoting increased domestic production of oil and gas, we can build a more secure future for our country.
If the United States is to protect itself from the economic and the political threats created by this excessive dependence, we must reduce our reliance on foreign energy sources and on foreign oil as quickly and as efficiently as possible.
Even as we work to develop more sources of petroleum for the United States, we must continue our vigorous pursuit of alternative fuels, so that we can be powered by cleaner, more efficient sources of energy.