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Mitt Romney on Energy & OilFormer Republican Governor (MA) |
GIULIANI: I think we have to accept the view that scientists have that there is global warming and that humans contribute to that. It's frustrating and really dangerous for us to see money going to our enemies because we have to buy oil from certain countries. We should be supporting all the alternatives. We need a project similar to putting a man on the moon.
ROMNEY: Rudy Giuliani is right in terms of an Apollo project to get us energy independent, and the effects of that on global warming are positive. It's a no-regrets policy. It's a great idea. [We need,] as a strategic imperative, energy independence for America. And it takes that Apollo project. It also takes biodiesel, biofuel, cellulosic ethanol, nuclear power, more drilling in ANWR. We have to be serious also about efficiency and that's going to allow us to become energy independent.
A: Big oil is making a lot of money right now, and I'd like to see them using that money to invest in refineries. Don't forget that when companies earn profit, that money is supposed to be reinvested in growth. And our refineries are old. Someone said our refineries today are rust with paint holding them up. And we need to see these companies, if they're making that kind of money, reinvest in capital equipment. But let's not forget, where the money is being made throughout these years is not just in the major oil companies, it's in the countries that own this oil. Ahmadinejad, Putin, Chavez--these people are getting rich off of people buying too much oil. And that's why we have to pursue, as a strategic imperative, energy independence for America.
