Silent… But Deadly
Tag: Gas
Obama’s Tax for Mythical Global Warming Will Push the Price of Gas to $7 a Gallon
Another relentless attack on all productivity, it’s what communists do.
To meet the Obama administration’s targets for cutting greenhouse gas emissions, some researchers say, Americans may have to experience a sobering reality: gas at $7 a gallon.
The Saudi Arabia Of Shale
It is truly amazing the amount of oil and natural gas available to us in this country. Someday the corruption that exists in Washington will be gone and we will able to declare our energy independence!
Energy Policy: New York’s governor wants to tap into a shale formation that can supply the entire U.S. with natural gas for 65 years. Will NIMBY environmentalists let him stimulate New York’s and America’s energy economy?
Last week, David Patterson released a draft report of his Energy Planning Board that does something Democrats are loath to do: It proposes developing a domestic energy resource — the huge amounts of natural gas trapped in the Marcellus Shale formation. New York produces 5% of its natural gas in-state and imports more than 95% from the Gulf Coast and Canada.
The Marcellus Shale stretches from southwestern New York to Pennsylvania, West Virginia and Ohio. A nearby formation of Devonian shale is even more porous, with a superior amount of trapped gas per volume of rock.
Geologist Gary Lash of State University New York at Fredonia and colleague Terry Engelder of Penn State estimate that Marcellus holds 1,300 trillion cubic feet of natural gas. About 20 trillion cubic feet are produced in the U.S. annually.
Lash notes that successful wells have already been drilled in Pennsylvania — one near Pittsburgh and the other in Susquehanna County. A Penn State report that was requested by state legislators predicted that Marcellus could add $14 billion to the state’s economy in 2010, create more than 98,000 jobs and generate $800 million in state and local tax revenues. Now that’s what you call a stimulus package.
Sarah Palin Speaks Out Regarding the Brazilian Oil Deal
YOUR TAX DOLLARS HARD AT WORK: FIRST CARS, NOW FOREIGN OIL.
Today’s Wall Street Journal contains some puzzling news for all Americans who are impacted by high energy prices and who share the goal of moving us toward energy independence.
For years, states rich with an abundance of oil and natural gas have been begging Washington, DC politicians for the right to develop their own natural resources on federal lands and off shore. Such development would mean good paying jobs here in the United States (with health benefits) and the resulting royalties and taxes would provide money for federal coffers that would potentially off-set the need for higher income taxes, reduce the federal debt and deficits, or even help fund a trillion dollar health care plan if one were so inclined to support such a plan.
So why is it that during these tough times, when we have great needs at home, the Obama White House is prepared to send more than two billion of your hard-earned tax dollars to Brazil so that the nation’s state-owned oil company, Petrobras, can drill off shore and create jobs developing its own resources? That’s all Americans want; but such rational energy development has been continually thwarted by rabid environmentalists, faceless bureaucrats and a seemingly endless parade of lawsuits aimed at shutting down new energy projects.
I’ll speak for the talent I have personally witnessed on the oil fields in Alaska when I say no other country in the world has a stronger workforce than America, no other country in the world has better safety standards than America, and no other country in the world has stricter environmental standards than America. Come to Alaska to witness how oil and gas can be developed simultaneously with the preservation of our eco-system. America has the resources. We deserve the opportunity to develop our resources no less than the Brazilians. Millions of Americans know it is true: “Drill, baby, drill.” Alaska is proof you can drill and develop, and preserve nature, with its magnificent caribou herds passing by the Trans Alaska Pipeline System (TAPS), completely unaffected. One has to wonder if Obama is playing politics and perhaps refusing a “win” for some states just to play to the left with our money.
The new Gulf of Mexico lease sales tomorrow sound promising and perhaps will move some states in the right direction, but we all know that the extreme environmentalists who serve to block progress elsewhere, including in Alaska, continue to block opportunities. These environmentalists are putting our nation in peril and forcing us to rely on unstable and hostile foreign countries. Mr. Obama can stop the extreme tactics and exert proper government authority to encourage resource development and create jobs and health benefits in the U.S.; instead, he chooses to use American dollars in Brazil that will help to pay the salaries and benefits for Brazilians to drill for resources when the need and desire is great in America.
Buy American is a wonderful slogan, but you can’t say in one breath that you want to strengthen our economy and stimulate it, and then in another ship our much-needed dollars to a nation desperate to drill while depriving us of the same opportunity.
– Sarah Palin