Romney Plan Would Make America An Energy Superpower

[Geee]

Investors Business Daily:

Leadership: Mitt Romney has unveiled a market-based plan to achieve U.S. energy independence by 2020 and make America an energy superpower. It calls to mind just how stagnant our energy policy has been up until now.

Ever since the Arab oil embargo of 1973, presidential contenders have called for U.S. energy independence — and none, not one, has come close to achieving it. In part, that's because oil is a fungible commodity that responds to world prices.

All the same, the idea of the U.S. drilling for its own energy, creating 3 million high-paying jobs, putting historic technological innovations to work and ending our reliance on foreign petrotyrants is a desirable objective if the resources really are there.

Fact is, they are, and that's what's different this time.

Romney's call for energy independence, which includes an honest tallying of what's out there, may just be the energy-independence plan that succeeds.

According to a Romney campaign White Paper released Thursday, experts such as Citigroup, Raymond James and the Manhattan Institute all say that the U.S. could now indeed make itself energy self-reliant: "After more than three decades of falling oil production in the lower 48 states, the U.S. is now poised to sharply increase domestic oil production and sharply decrease its dependence on imported oil . .. Specifically, we are looking ... (at) actual oil independence by 2020."

All they require is leadership and some serious policies, which are there in abundance in the Romney plan.

Astonishingly, these opportunities for energy independence have been ignored for windmills and solar energy, even as a new energy revolution unfolds.