On the recordJune 19, 2006
Just more oil. You just drill more holes in the ground. The problem with that is, unfortunately, for reasons that are past our understanding, the dinosaurs went to die under somebody else's sand. That seems so unfair to us. We use 25 percent of the world's oil, but we only have 3 percent of the world's oil reserves. We could drill in Yosemite, we could drill outside on the south lawn of the White House. The problem is, the oil is not there. We use one-quarter of the world's oil, but we only have 3 percent of the reserves. So we can accelerate some exploration, but, unfortunately, the oil, frankly, is not there. So for one reason, it is just not there. But the pessimists believe that we cannot invent our way out of this pickle. The optimists believe that we can do the same thing in energy as we did in space. Just to harken back in history, when Kennedy said we were going to the moon on May 9, 1961, put that in historical perspective. Our rockets were blowing up on the launch pad. We had launched a softball in suborbital flight. Computers were as big as a room. He didn't know how we were going to get to the moon, but he did know a fundamental lesson of American psychology, which is we are the best inventors in human history, literally. Our culture, our society in America is the best inventive society in human history. So he recognized our ability to innovate. Now, the New Apollo Energy Project that we have propounded delves on that.…
Source
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