Energy Initiatives:  History Repeating Itself?

Posted by Tim Hope on 7/2/08 10:45 am

The current spike in oil prices have policymakers calling for new initiatives in order to eventually reduce energy prices.  Sadly, past political rhetoric does not seem to offer much encouragement in terms of lasting solutions.  Note below:

“Let this be our national goal: At the end of this decade, in the year 1980, the United States will not be dependent on any other country for the energy we need to provide our jobs, to heat our homes, and to keep our transportation moving.”
Richard Nixon
State of the Union
January 30, 1974

“A massive program must be initiated to increase energy supply, to cut demand, and provide new standby emergency programs to achieve the independence we want by 1985. The largest part of increased oil production must come from new frontier areas on the Outer Continental Shelf and from the Naval Petroleum Reserve No. 4 in Alaska. It is the intent of this Administration to move ahead with exploration, leasing, and production on those frontier areas of the Outer Continental Shelf where the environmental risks are acceptable.”
Gerald Ford
State of the Union
January 15,1975

“The need has never been more urgent. At long last, we must have a clear, comprehensive energy policy for the United States…….. But Congress must act promptly now to complete final action on this vital energy legislation. Our Nation will then have a major conservation effort, important initiatives to develop solar power, realistic pricing based on the true value of oil, strong incentives for the production of coal and other fossil fuels in the United States and our Nation’s most massive peacetime investment in the development of synthetic fuels.”
Jimmy Carter
State of the Union
January 23, 1980

“Our progress should not be lost. We must rely on and encourage multiple forms of energy production—coal, crude oil, natural gas, solar, nuclear, synthetics—and energy conservation. The framework put in place over the last four years will enable us to do this.”
Jimmy Carter
State of the Union
January 16,1981

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