The U. S. Department of Energy was created in 1977 to lessen our dependence on foreign oil. Since then it has ballooned into a Department with 16,000 employees a budget of more than $24 billion a year. Also over this last 30 year period, we have increased our oil imports by more than 300%. Current U. S. energy Regulations, policies and taxation are sacrificing millions of American jobs, removing hundreds of billions of dollars from within our economy and unnecessarily increasing energy prices. They are also trying to socially and financially penalize our American way of life and our business practices.
The American way of life (both business and leisure) was created, in part, by low cost energy. As a sovereign Nation and the sole owners of our own energy supplies, we should not be shamed or penalized for choosing to use Americas resources and technologies. Yes, we need to be respectful and responsible with how we create and use our energy, but not to the point of our government dramatically lowering our standard of living.
- Reset Cafe standards to 24 MPG. This will save approximately $3,000.00 per vehicle produced.
- Limit the participants and volume of trades within the energy commodities market. This will save billions of dollars annually for business and consumers, while stabilizing the markets to be more reflective of the true supply and demand of each source.
- Authorize the private sector to construct two new oil refineries within the United States. This will create tens of thousands of jobs, incorporate the most advanced and efficient processing methods and lower fuel prices nationwide.
- The Bakken oil formation that runs through the Dakotas into Montana contains an estimated 200 billion barrels of oil, that is more than 2 times the reserves of Saudi Arabia. Authorizing the drilling of this 100 year+ energy supply will not only create tens of thousands of permanent American jobs, lower fuel prices but keep billions of U.S. dollars within our economy.
- Authorize the private sector to build large scale trash incinerators around the country. This will relieve stress on our over filled landfills, clean up our polluted water supplies and create tens of thousands of jobs. Also this process will generate clean, efficient low cost energy.
- Authorize the private sector to drill, process and utilize our natural gas supplies. This energy source alone can power both our cars and our homes cheaper and cleaner than our current sources without expensive conversions. The natural gas market alone will create hundreds of thousands of jobs, generate tens of billions of dollars of revenue and reduce pollution significantly.
- Authorize the private sector to build 50 new nuclear power plants. This will create tens of thousands of jobs, lower energy prices nationwide and reduce pollution significantly. This one act alone would bring $400-$600 billion dollars home that is currently being spent overseas.
- Identify, evaluate and then eliminate as many Federal mandates, quotas and energy subsidies as possible.
The Federal government has established the business and environmental regulations concerning our energy policies and they still refuse to allow our free market economy to bring the best American products to market. The government should only intervene if there is non compliance with the environmental concerns or illegal business practices.These are not my proposals, these are proposals from the people. Americans themselves can create low cost energy and reduce pollution in a responsible way. It is our government that is driving up energy prices, costing tens of millions of jobs and shipping our money and tax revenue to foreign countries.
90% of these resolutions can be implemented today without involving Congress. Under the directive of the President, the Secretaries of Energy, Transportation and the E.P.A. can authorize private sector applications for approval under current regulations. They choose not to sign off on hundreds of business proposals. As President, if these applications meet current regulations, I will give that directive allowing us to become energy independent, create tens of millions of jobs and infuse almost one trillion dollars into our economy.