In his State of the Union address, President Obama publicly embraced an “all of the above” position on expanding our domestic energy supply. Republicans promoted that same policy just a couple of years ago.
“I say there is no single silver bullet, we need silver buckshot. We need a diversity of supplies,” Virginia Republican U.S. Senate candidate George Allen told WND.
Allen discusses the type of job growth, economic gain and federal tax revenue that would be available if his state were permitted to drill for oil and natural gas in the Atlantic Ocean.
He also explains why America’s rampant deficit spending is contributing to the soaring price of oil and gasoline.
“Oil is traded with the dollar as currency and our dollar’s weak.”