Are they Out of Their Fracking Minds-Mickey Fulp--15.Apr.2012

Mickey Fulp joined us again this week to discuss the latest updates on oil and natural gas. We also discuss the Luddites attempts to ban fracking.

Below is a link to a PDF file describing the relatively unknown and new Tuscaloosa marine shale formation. It's estimated to contain 3 - 7 billion barrels of now commercially extractable oil due to the new horizontal and fracking technologies plus 1/5 NG.

It may eventually equal the Bakken formation. A fortune 500 company (EOG) is investing in the play. The Tuscaloosa trend was thought uneconomically producible but the new fracking and horizontal drilling technologies have changed that.

http://ameliaresources.com/documents/tuscaloosatrend/Amelia%20Resources%20LLC%20TUSCALOOSA%20MARINE%20SHALE%20Play%20Overview%20MAR%202012.pdf

We also discuss the Luddites attempts to ban fracking.

As near as I can tell, little bammy wants to destroy it.

Right from the White House itself.

The Interagency Working Group to Support Safe and Responsible Development of Unconventional Domestic Natural Gas Resources will be chaired by the Director of the Domestic Policy Council

Oh yeah, you guessed it, here it comes...

Director of Domestic Policy Council Cecilia Muñoz

Cecilia Muñoz is the President’s Domestic Policy Advisor and the Director of the Domestic Policy Council, which coordinates the domestic policy-making process in the White House. Previously, Ms. Muñoz served as Deputy Assistant to the President and Director of Intergovernmental Affairs.

Prior to joining the Obama Administration, Cecilia served as Senior Vice-President for the Office of Research, Advocacy, and Legislation at the National Council of La Raza (NCLR), the nation’s largest Latino civil rights organization. She supervised NCLR’s policy staff covering a variety of issues of importance to Latinos, including civil rights, employment, poverty, farmworker issues, education, health, housing, and immigration. Her particular area of expertise is immigration policy, which she covered at NCLR for twenty years.

Ms. Muñoz is the former Chair of the Board of Center for Community Change, and served on the U.S. Programs Board of the Open Society Institute and the Board of Directors of the Atlantic Philanthropies and the National Immigration Forum.

Ms. Muñoz is the daughter of immigrants from Bolivia and was born in Detroit, Michigan. She received her undergraduate degree from the University of Michigan in Ann Arbor and her master’s degree from the University of California at Berkeley. In June 2000, she was awarded a MacArthur Foundation fellowship in recognition of her work on immigration and civil rights. In 2007, she served as the Towsley Foundation Policymaker in Residence at the Gerald R. Ford School of Public Policy at the University of Michigan. She has received numerous other awards and recognitions from various sources, including the Congressional Black Caucus Foundation, and a variety of local non-profit organizations.

http://www.whitehouse.gov/administration/eop/dpc

So... what the ???

I do not see a single item that is any indication whatsoever that she should have ANY input into the management and regulation of the u.S. natural gas industry.

She is pretty much a race pimptress for LaRaza and apparently never had never had a job outside of government (taxpayer) funded "affirmative action" giveaway programs.

So, OF COURSE she will be put in charge of all policy decisions of the entire u.S. natural gas industry.

OF COURSE

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