Excerpt: Gov. Palin's Remarks in India

It's a 'false, utopian fairytale' that we don't need to drill for oil today
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India Today has published a transcript of Sarah Palin's remarks earlier today. Here is an excerpt:

Of course, energy issues are critical to the whole world's stability & economic opportunities! By 2030, the world's energy consumption will increase by 50% & almost half of that will come from here in India & from China. We all face similar challenges in this arena & this makes America's quest for energy security all the more crucial as we seek to stabilize our economy, secure our homeland & cooperate with our allies who would also seek peace on earth.

Energy is key! My vision for a free & prosperous America has much to do with energy.

Now, we hear a lot about "green energy" today. And I am a true believer in environmental conservation & responsible stewardship of our lands. (It's why I live in AK! A pristine environment to be passed on to future generations - I don't want to mess it up! I am a conservationist. I married into an Alaska native family, where Todd's connection to the land through his Yupik Eskimo heritage, an indigenous people, reinforces my respect for God's creation. And we've made our living off the land - as commercial fishermen & Todd working in North Slope oil fields - so we don't want to mess it up!)

So, I'm in favour of "all-of-the-above" approach to energy security. But "all-of-the-above" means including "conventional" resources! That means, the kind we actually use to reliably fuel our economy. That means crude oil, for example. And our natural gas, our coal, nuclear power.

Unfortunately, some have stymied resource development - like responsible domestic oil drilling. As a result, hundreds of thousands of well-paying jobs won't be created in the U.S. until we change course; it means Americans get hit with huge gas prices at the pump unless we change course; it means we're continuing to transfer hundreds of billions of U.S. dollars to foreign regimes to purchase energy from them - regimes that don't have our best interests at heart.

And I'm not just talking about gasoline here. Remember that 'petroleum products' are all around you! Look at your everyday surroundings - the foodstuffs; the agriculture products grown with fertilizer; the plastics all around you; medical supplies; the transportation of all these products. It's not just gas that increases as the price of crude increases: Everything is affected. Basic commodities.

So as government locks up land & we lose good jobs in the 'Conventional Resource' arena, you may hear that "green jobs" will be the saviour! But look around the world & try telling that to the thousands of English & Scottish workers who've lost jobs as a result of government investments in "green energy" projects. A recent UK study shows that for every "green job" created, nearly four jobs were lost elsewhere in the economy due to lack of affordable energy! Same story in Spain - investment in "green jobs" brought massive debt, skyrocketing energy costs & 20% unemployment.

This push for 'green' at the expense of 'conventional, reliable' sources is not a credible energy policy or economic policy. It's "Social Engineering" by Central Government Planners. And it leads to nothing but more debt & more job loss. And taxpayers will be stuck subsidizing the failure and paying more for energy.

The good news is there's a choice/another option! Instead of funding non-viable special interest projects, Americans can capitalize on our own viable resources that are just waiting to be tapped - they're right on our doorstep! Billions of barrels of oil warehoused underground in AK!

And so much natural gas - Clean, green, affordable! Easy to transport, abundant across the U.S. - Whether used conventionally, or to power natural gas cars, or run power plants that charge electric cars, natural gas is an ideal "bridge fuel" to the future. (A future when renewable gas can someday become more available, reliable & affordable.)

I warn Americans so often: it's a 'false, utopian fairytale' told that would want you to believe we don't need to drill for oil today. No, government manipulating energy supplies? Manipulating any aspect of an economy - it leads to more people becoming more dependent upon government to meet needs - it is social engineering, it's immoral, & it's a problem we-the-people must be brave enough to take on.

Our need for energy independence is only one of the strategic challenges we face today. The other is an unsustainable government debt which hampers economic growth.

The full transcript of the governor's speech is here.

- JP