Let's declare 'energy freedom' on Oct. 1
Sen. Jim DeMint
Did you know that in just a few short weeks on Oct. 1, Americans could be celebrating American Energy Freedom Day? That's the day the bans on oil shale and offshore drilling for oil and natural gas will expire.Right off American shores there are reserves estimated to hold over 18 billion barrels of oil and 55 trillion cubic feet of natural gas. Natural gas is an environmentally friendly energy source and large amounts are available just off South Carolina's shore. And in America's West, oil shale is estimated to be between 800 billion and 2 trillion barrels of oil -- that is more than three times the proven oil reserves in Saudi Arabia alone.
Tapping these important sources of American energy is desperately needed to lower gas prices and reduce our nation's dependence on foreign oil.
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