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I really can’t understand why more people, regardless of their political leanings, aren’t calling for the resignation of U.S. Senator Jim Inhofe (R-OK). Haven’t his antics gone far past the point of our normal political theater? Inhofe is in office because of huge campaign contributions from the oil companies, and he’s trying to shut down the US military’s interest in alternative fuels. He wants Congress to enact legislation that would make it impossible for the US military to purchase alternative fuels if they cost a penny more than gasoline and diesel.
While I’m not a huge fan of war as a tool to resolve international differences, let me point out that our military:
• Wants to keep as many of their people out of harm’s way as possible, and that means decommitting to oil as its sole fuel. Guarding oil supply lines is, statistically, the single most lethal duty that our combat forces face.
• Looks to the future. While it’s true that gasoline and diesel are the least expensive fuels today, that calculus is extremely unlikely to hold into the future. While we car-drivers may look at the price of fuel over the course of the few years we may own our cars, our nation’s military contemplates the prospects of protecting America over a period of many decades.
Jim: To wrap this up in a few words, you’re in one of the clearest and ugliest conflict of interest positions I’ve come across in my 30+ years in business. You’re being paid by the oil companies to forward their interests in a way that is actively undermining our nation’s security. That’s not consistent with your oath of office. Some people have referred to it as treason; I’ll skip the histrionics, but close with the obvious: you need to go.
Senator Inhofe Puts U.S. Military at Risk originally appeared in Green Chip Stocks. Green Chip Review is a free 2x-per-week newsletter, is the first advisory to focus exclusively on investments in alternative and renewable energies.
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