How Obama’s environmentalism makes life harder for those who can least afford it.
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Obama did mention natural gas; generous of him since it may become the most important long-run energy source for the nation, something none of the left’s favorite energy sources can ever hope to claim. And while some power plants are converting from coal to natural gas, and a few major firms are investing in natural gas infrastructure, for years to come we will be an oil-based economy.
Thus it would seem obvious that drilling for more oil under American soil is the most sensible way to decrease dependency on foreign oil sources, and especially oil coming from OPEC nations, some of which are enemies and none of which are friends of the United States. (Most people think of OPEC as comprised only of Middle Eastern nations, but it includes countries elsewhere in the world, including Venezuela.)
Obama’s refusal to permit the Keystone XL pipeline (getting Canadian oil being second-best to using our own, albeit a distant second) was the clearest example of his disdain for the most energy-dense source of transportable power that we have. Some say it shows that he is completely beholden to radical environmentalist groups. I disagree. Yes, he likes and wants their support, but in his heart he is one of them.
Lest you disagree, if you think that Barack Obama opposes high energy prices (other than for political reasons), allow me to remind you of his famous statement that if he got his way with cap-and-trade and coal regulation, “electricity rates would necessarily skyrocket.” Just another piece of the same ugly puzzle.
The failure of The One is further evidenced by his backing away from his own foreign oil-reduction promise of four years ago, despite having the dubious tailwind of a weak economy helping him achieve his stated (but not his true) goal.
On Thursday night, Obama said he aims to “cut our oil imports in half by 2020.” Four years ago, during his 2008 acceptance speech, Obama said “in 10 years, we will finally end our dependence on oil from the Middle East.” Fool us once…
OK, let’s be fair: It’s not a big a failure as his promise to cut the deficit in half, but then it’s hard to top that one.
But as long as we’re being fair, it’s not fair to the word “failure” to use that term to describe Barack Obama’s energy policy. He is doing exactly what he wants to do.
As with, and included in, his goal of increasing dependency on government, the president’s actions reflect what he and his radical base believe: that the level of evilness of an energy source is proportional to that source’s economic viability and current usefulness.
(This fits into a similar pattern where the degree of liberal opposition to an industry is proportional to the degree to which people depend on that industry. Consider the biggest recipients of leftist rhetorical venom: oil, finance, pharmaceuticals, and WalMart. The more you need it, the more Obama and friends oppose it — though they still want their campaign contributions.)
Obama’s pseudo-failure on energy policy, especially given the obviousness of the solution, is unforgiveable.
The Green River Formation covers mostly vacant land — with oil-likely areas about 75 percent owned by the federal government — in eastern Utah and western Colorado and Wyoming. In 2010, the non-partisan Government Accountability Office offered a report on “Unconventional Oil and Gas Production,” which puts it plainly:
(O)il shale development presents the following opportunities for the United States:
• Increasing domestic oil production. Tapping the vast amounts of oil locked within U.S. oil shale formations could go a long way toward satisfying the nation’s future oil demands. Oil shale deposits in the Green River Formation are estimated to contain up to 3 trillion barrels of oil, half of which may be recoverable, which is about equal to the entire world’s proven oil reserves.
• Socioeconomic benefits. Development of oil shale resources could lead to the creation of jobs, increases in wealth, and increases in tax and royalty payments to federal and state governments for oil produced on their lands. The extent of these benefits, however, is unknown at this time because the ultimate size of the industry is uncertain.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?