ࡱ> ,.+ bjbj @hh 8+ 7UrKKKKK&&&$ib&&&&&KK&&&&KK^v&&&&&K`9S:3S&&J%0U&&&&$&&&&&&&&&&&&U&&&&&&&&&&&&& : ENERGY POLICY For the last forty plus years, U. S. Energy policy has been unfavorably influenced by a number of legislative acts and other public policies with an extraordinary and unbalanced emphasis on environmental and industrial safety. No one believes that environmental and industrial safety regulations have no place in U. S. Public Policy, but we believe that there should be more of a balance with a wider variety of public interest issues, to include the impact of the resulting policy on the overall U. S. economy and on U. S. global and homeland security. There have been proposals advanced which suggest and encouraged increased taxation of energy producers, such as the windfall profits tax. Such measure would penalize energy producers while also reducing capital available to energy producers which could be reinvested in inceased energy production and research into alternative energy sources. Indeed the U. S. has previously imposed and collected a windfall profits tax on crude oil which served no purpose or effort to make the United States energy-independent/ The sum of the focus and emphasis on environmental, industrial safety, and exploiting market conditions to justify new revenue streams for the government, has been to make the U. S. Dependent on foreign sources of energy, retarded the development of domestic sources of energy , a dramatically unfavorable balance of payments, and has subjected the global and homeland security of the United States to vulnerabilities and threats unprecedented in the history of the republic. We believe that market influenced demands are the most powerful and effective stimulus to direct the research and development of alternative and future sources of energy. We believe that while the search for new and alternative sources of energy is essential, the preservation of our powerful and vibrant capitalist economy is equally important and that our economy and global and homeland security needs demand increased exploration and production of existing, known domestic reserves of petroleum and other fossil fuels until such time as economically feasible alternative energy sources have been proven. The United States has a prolonged history of the safe and economic production of electricity by nuclear fisson , as does France and Canada. We believe that one of the keys to energy independence is the development of electric production by nuclear energy as proven by public and private utility producers in France, Canada, the United States and by the United States Navy, the worlds most prolific producer of nuclear energy and with an unprecedented history of doing so safely. We believe that increasing U. S. Domestic petroleum refining capacity is essential to the health of our overall economy and our national security and that the U. S. 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