Like Mark Twain, the rumors of the death of the Bakken oil revolution are greatly exaggerated. The Atlantic is once again claiming the North Dakota oil “boom” has gone bust. I say ‘once again’ because The Atlantic ran a piece February 12, 2013 stating that the “boom” was over. Doom and gloom sells, truth is optional.
Tagged: energy policy
“There was no vote or show of hands at the end of the presentations. No accounting of which presenter swayed more of the congregation. My subjective reaction was that the applause for Taylor was enthusiastic, for Perfetti polite.”
This warming disaster idea has become so entrenched that even prime ministers and presidents now misuse “carbon” as shorthand for “carbon dioxide,” and often call this plant-fertilizing gas a pollutant.
Despite the war-like hostility of the Obama administration to the traditional carbon based energy that fueled the industrial revolution, the entrepreneurship and modern technology of America’s private economy is producing a boom in oil and gas production that is overwhelming President Obama.
Relationships fascinate us. Americans are always picking up the latest issue of their favorite magazine or clicking on that random pop-up website that promises five easy secrets to a satisfying[…]
On February 12, the United States National Academy of Sciences (NAS) issued a news release inviting the public to a joint meeting with the UK Royal Society.
As Captain Renault said in the classic 1942 movie Casablanca “Round up the usual suspects”, the usual crew of advocates for promoting abandoning fossil fuel use due to global warming fears are cited as authors of the report “Climate Change: Evidence & Causes”.
Democrats have decided to lean-in, not back-away, from so-called clean energy. Despite the embarrassing history of government-funded green-energy failures, “wealthy environmentalists are pushing Democrats to take bolder positions on climate change”—and global warming, as an issue, provides the impetus for more green-energy spending.
The Boston Globe reported on a recent “summit between Washington’s liberal elite and San Francisco’s climate intelligensia” that included “Senate majority leader Harry Reid, a Nevada Democrat, six other senators, and … Al Gore.” The Globe points to new efforts by Democrats to “make global warming a central issue during the midterms.”
Fossil fuel use is the lifeblood of developed industrial nations. It has eliminated hunger, poverty, lack of shelter, drudgery, and provided healthier, more comfortable, and longer lifespans. The United States is blessed by having over one hundred years or more supply of inexpensive or moderate cost deposits of each of the fossil fuels–coal, oil, and natural gas. Secretary Kerry, along with President Obama and his supporters, want to eliminate use of the nation’s abundant, reliable, and economical fossil fuels and replace them with renewable energy sources–wind and solar–whose present state of technology make them expensive, unreliable, and impractical to scale up to the size of present fossil fuel capabilities. These policies will substantially lower the standard of living for Americans and condemn developing nations to perpetual poverty.
The U.S. Supreme Court recently heard oral arguments in Utility Air Regulatory Group v. Environmental Protection Agency. The case will determine how far EPA can extend its regulatory overreach, to control “climate changing” carbon dioxide from power plants and other facilities – by ignoring the Constitution’s “separation of powers” provisions, rewriting clear language in the Clean Air Act, and disregarding laws that require the agency to consider both the costs and benefits of its regulations and what it is regulating.
If Obama truly wanted to “create jobs and opportunities for the middle class,” he could tell the U.S. Forest Service (USFS) to work with—instead of against—those ready to risk their capital in the development of our natural resources and create jobs.