How do you get more fuel when lawmakers–at the behest of environmentalists–have shut off the tap to reserves where we have quantifiable amounts of oil and natural gas?
While we’re looking for the silver energy bullet, can we please get more supply to help bring down prices?
Click on the picture for more info. Go, Newt, go!
Before you get into the discussion of how much alternative fuels will save us immediately, I commend to your reading this report. Page 25.
From a recent IBD editorial:

A report released Thursday by the Department of the Interior notes that most of the oil and 40% of the natural gas under public lands in the U.S. is off-limits to drilling. That’s about 19 billion barrels of oil and trillions of cubic feet of natural gas.

A separate report, this one from the International Energy Agency, warned of a looming global supply crunch resulting from the failure of governments — not private oil companies — to invest more or open up their lands for exploration and development.

One of the oil business’s dirty secrets is that only 6% of all reserves are controlled by investor-owned oil companies such as those demonized by Congress. The rest are controlled by governments, one way or another. And 11 of the 15 largest oil companies are government-owned. Government is the problem, not “Big Oil.”