Skip to comments.Obama's War on Hydrocarbon Costing Jobs, Economy
Posted on 03/29/2012 6:41:05 AM PDT by Kaslin
Youve heard the stories about the millions of dollars squandered by the Obama Administration on green energy projects supposedly to create vast numbers of new jobs in a revolutionary green energy economy. But, all too often all that remains is a bankrupt empty building, or at best a handful of jobs and, a heap of new federal debt.
If Obama was really committed to creating jobs, there was another time tested way to get it done by assuring plentiful supplies of affordable, reliable traditional sources of energy. Instead, the transformational President went to war against the hydrocarbon industry. Thankfully, he didnt win.
While the administration has done everything in their power to discourage fossil fuel production on federal land, there has been a revival happening on private land where oil and natural gas output has increased. When supply increases, prices come down, and natural gas is particularly affordable.
As a result, jobs connected to and dependent upon natural gas are exploding. A USA Today feature report documents the hundreds of thousands of new jobs resulting from affordable supplies of gas. Heres an excerpt:
Royal Dutch Shell announced this month that it chose a site near Pittsburgh for a facility to convert ethane from locally produced natural gas into ethylene and polyethylene. They're used to make plastics that go into packaging, pipes and other products. The planned ethane cracker would employ a few hundred workers.
It's among nearly 30 chemical plants proposed in the U.S. in the next five years, according to the American Chemistry Council. The projects would expand U.S. petrochemical capacity by 27% and employ 200,000 workers at the factories and related suppliers, says Council President Cal Dooley, a major turnaround. As U.S. natural gas prices soared in the late 1990s, chemical makers moved overseas, laying off 140,000 employees, Dooley says. But the U.S. has seen a natural gas boom in recent years, with producers using new drilling techniques to extract fuel from shale formations in Texas, Pennsylvania and other regions. U.S. natural gas prices, at slightly more than $2 per million British thermal units, are about 75% below Western Europe rates.
PricewaterhouseCoopers' partner Robert Mc-Cutcheon estimates inexpensive natural gas could help U.S. manufacturers save $11.6 billion a year and create more than 500,000 jobs by 2025.
Instead of doing the obvious, Obama did exactly the reverse. The Administration implemented policies that would, in the Presidents words, cause energy prices to necessarily skyrocket. Instead of insuring the U.S. remained competitive, his own Energy Secretary was committed to policies that would boost the price of gasoline to the levels in Europe. Every American is experiencing the pain at the pump as gasoline is up more than $2 per gallon since the President took office. And, three and a half years into the recession, millions of Americans are still searching for a job.
“One of the key reasons why algae are considered as feedstock for oil is their yields. DOE (Department of Energy, Gov of USA) has reported that algae yield 30 times more energy per acre than land crops such as soybeans,”
Isn’t “oilgae” a hydrocarbon form of energy?
If stories like this are not enough evidence for every energy related company as well as every one of their employees to contribute to the defeat of O’Slimeball then they derserve what is gonna get crammed right up their arses.
The cost of EVERYTHING, unemployment, depression, medical, etc will go so high that nobody will escape the effects.
It is sheer insanity that the electorate put this creature in office and it looks like they will do so again with the GOP putting their Ding-A-Ling up against him.
Make as many people unemployed as possible, make them dependent on the government.
Sure, high unemployment numbers are unpopular in a campaign but the trick is to generate more dependent votes than high unemployment dislike votes.
So, Bob is a Ronmey Bot...
BEAUPREZ, BOB HON. SELF-EMPLOYED/INVESTMENT PROFESSION LAFAYETTE CO 80026 2,500 5/16/2011 ROMNEY FOR PRESIDENT INC. - REPUBLICAN
Any relation to this?
Overall Rating (0 ratings)
Category = Oil/gas Field Services Excavation Contractor
FORT LUPTON, CO
And then there's this zirconium gem in Banker Bob's resume:
On February 2, 2006, veterans called on Beauprez to apologize for appearing at a photo-op in a military-issued uniform, even though he had never served in the military. He had requested and received three draft deferments and then a medical release during the Vietnam War. 
Frack Roberto, and the draft-dodging phony-crony RINOcerous jackwagon he
rode flew in on.
Your picture is out of date. Gas here in Louisville is now at least $4.15 9/10 a gallon (a 122% increase since Obama took office).
Big time lies flowing from POTUS on oil and gas. It’s your fault Barry.