Wednesday, March 25, 2009

Moving Toward Energy Independence - The Right Way

Mitchell Colgan is chairman of the College of Charleston's (South Carolina) Geology and Environmental Geosciences Department and has worked for Shell Oil, the U.S. Geological Survey and on three oil reservoirs in Texas, New Mexico and Alaska. In a recent interview with Robert Behre of the Charleston Post & Courier, Mr. Colgan made the following statement:

"The political energy spent on this discussion [whether we should drill for oil off the coast of South Carolina] should be used examining the political and economic feasibility of offshore wind-energy generation, as well as other locally produced clean energy. What drove our interest in drilling off of our coast was $4 per gallon gasoline. We have just witnessed this great collapse in the price of oil. This downturn did not occur because there were new oil discoveries. We did not find more oil; the world is using less. That's an important lesson for us. If we can take this time of cheaper energy to become more energy efficient, especially with regards to our automobiles, the need to drill for oil decreases markedly and we move toward greater energy independence."

No comments: