On the recordMarch 29, 2012
According to recent press reports, there is a budding and building relationship between Brazil and China, and China is taking advantage and forming contracts to take advantage of that resource. We should learn a thing or two from other folks around the world, and we should not just beg; we should build and develop. We should take our own future into our own hands, and we have an enormous opportunity to do that. The United States is actually the single most energy-rich country in the world, bar none. When we look at total energy resources, we lead the world. Russia is second, and other countries follow way behind. Saudi Arabia is third but cannot compare in terms of total resources. No Middle Eastern country can compare, and China is below that. We have the resources. We are the single most energy-rich country in the world, and this map shows it. We have enormous reserves, particularly shale in the West, natural gas in finds on land, and offshore enormous potential of reserves of oil. Literally, there are hundreds of years' worth. So what is the problem? The problem is we are the only country in the world that puts well over 90 percent of those resources off-limits and doesn't develop them, but we can do better. We can reasonably, responsibly, and safely open that access. We can do what Brazil is doing; we can do what China is doing. We do not have to beg. We can have a policy worthy of America and Americans. We can take control of our own destiny. What will that mean?…





