Skip to comments.Romney says to lay out comprehensive energy plan
Posted on 08/22/2012 6:42:38 AM PDT by thackney
Seeks input from Texas energy executives
Republican U.S. presidential candidate Mitt Romney tapped oil executives for nearly $7 million on Tuesday and told them he will lay out a comprehensive energy proposal this week aimed at increasing U.S. energy production and creating jobs.
On a day of fund-raising in Texas, Romney got whoops of approval from contributors in the West Texas oil town of Midland when he vowed to take advantage of "oil, gas, nuclear and renewables" if elected president on Nov. 6.
Midland is where former President George W. Bush grew up, and Romney's motorcade passed a road sign pointing toward the "George W. Bush Childhood Home." Romney went to the Petroleum Club to address his contributors and was introduced by former Bush Commerce Secretary Don Evans.
If Romney is inaugurated president next January, said Evans, other nations will look at the United States and say, "We can once again trust America."
Romney's energy speech will seek to return his presidential campaign to the more familiar ground of how to boost the sluggish U.S. economy after the race was dominated for more than a week by a Medicare proposal from his vice presidential running mate, congressman Paul Ryan.
The former Massachusetts governor praised Ryan and could not resist a jibe at Vice President Joe Biden, who last week drew the ire of Romney by telling a crowd in former slave state Virginia that the Republican would loosen bank regulations and "put y'all back in chains."
On a day that an NBC/Wall Street Journal poll said Ryan gave no significant overall bump to the Republican ticket, Romney said of his running mate: "I can't wait to watch him debate Joe Biden. Joe Biden has been the gift that keeps on giving."
Biden and Ryan will face off ... in October.
(Excerpt) Read more at in.reuters.com ...
Producing more domestic energy would create good jobs and bolster local economies in a wide variety of energy-producing regions that effectively export their product to the rest of the country. While countless jobs are engaged in the actual energy-production process, they are a small fraction of the full workforce that benefits. For instance, before the first barrel of oil is pumped out of the ground, entire industries are hard at work creating the equipment and providing the services used in drilling, production, and the long chain of supporting industries that brings energy from inside the earth to the consumer.
The ripple effects into the non-energy sectors of the economy are commensurately important. If instead of sending hundreds of billions of dollars overseas we can send them to our own energy-rich centers, the nation as a whole will experience the economic benefits that we currently see other countries enjoying at our expense.
I would rather have heard "oil, gas, nuclear and economically viable renewables". No more subsidies for wind and solar - make it work economically or drop it.
I don’t see coal in there either.
No subsidies targeting any method, even the ones that favor my industry. All on a level playing field.
I’ll at least give him credit for putting this in his planning:
Amend Clean Air Act to exclude carbon dioxide from its purview
Yes, coal should be included.
A comprehensive energy plan may be the most important step towards creating jobs and getting the Nations economy back on the right track. If Romney can thwart the environmental whackos and reinvent the EPA and open up the Nations energy resources, we may see prosperity return to even better than what it was in the late Reagan years.
“Comprehensive” means “All of the above” including”Coal”.
I agree. I'm ok with developmental funding for new technology but once you want to hook up customers you better be able to stand on your own without taxpayer support.
I did not see downsizing the EPA, DOE, and other millstone Federal Anti-Jobs Agencies on Romney’s to-do list.
Just vowing to become more energy independent will likely cause OPEC to increase production and lower oil prices... there is no end to the benefits that will be gained while working toward energy independence... I personally believe there will be an economic boon once a commitment is made and the work begins... Gawd-Damn-Obama
Romney has said he would ease regulations to allow more offshore oil drilling and increased production of natural gas, and he would support coal mining as well, with the goal of making the United States less dependent on foreign sources of energy.
the ripple affect on good paying jobs here in USA is immense
but what Dems do is to say that drilling and using gas here won’t bring down the price of oil or gas.
Thye try to deflect the reality of how may jobs drilling here creates.
Side Bar Issue for Mitt Romney: Get Todd Akin to withdraw from the Missouri USA Senate race, right now!!! There are a million different ways to accomplish this, Mr. Romney, without you being directly involved.
Just do it, and....get this guy off the table!!! No need to outline the reasons. They are as clear and evident as can be!!! There is a piece, I believe, that morphs the “Jack Woltz” horse’s head in the “God Father” flick, that is quite compelling. I am not advocating that extreme, but....Akin needs some common sense and reality in his thick headed skull.
He, Akin, has brought about his own failure, just as surely as Barack Hussein Obama & Joe Biden have brought about their’s!!!
He has at least started with some more limits on them such as:
Amend Clean Air Act to exclude carbon dioxide from its purview
Thank you. That’s MUCH better. I am hyper today.
So the democrat can be unopposed on the ballot? That is your strategy? The Missouri filing deadline was yesterday.
We have been doing that for more than 100 years. A smart grid is not required to accomplish this. We already had a network system.
The problem with Romney is that he is a toe-dipper. He never sticks his neck out, always plays it safe, never fully engages, and hopes somehow it will all be bright and sunny the next day.
IOW, Romney is a pleaser, not a leader. Thus, he is easily swayed by those around him.
Ryan has helped Romney put some fire in his belly, but Ryan plays it safe too, as his Ryan Budget will balance when Ryan is 60 years old (in 2030), IF all of his assumptions play out as predicted.
T. Boone Pickens is basically a tax-money hustler for money-pit ideas, such as Federal funding for Nation-wide, natural gas stations for trucks, that the Free Market does not deem profitable. If he gets Romney’s ear, then our 16 Trillion dollar National Debt will go straight up.
The Socialist term “Energy Policy” is code for Central Government Control of anything that uses fuel to do work in the USA. Romney, as a pleaser, is vulnerable to these feel-good ideas that the Liberal Agenda Media has been promoting since 1973.
Can Romney/Ryan avoid turning the USA into an European Socialist Sandbox dependent on the whims of PC Politicians in DC?
Downsize our millstone, anti-job Federal agencies, and I might become a little more optimistic about getting America back on the right track.
‘Polish up the brass buttons on’ our Energy Policy, and we are right back in a Gilbert and Sullivan Political Reality, so comfortable to tax-hustlers, the Media, and politicians who know nothing about business.
One of the many problems with Romney. I am not a fan, but since he is our candidate, I am trying to learn more and share what I learn here.
Hydroelectric power is the original form of solar power, and it has the ability to store energy for later use. I live near the Mc Nary dam that’s on the Columbia river on Oregon, and for about a 100ft. drop in elevation, they can generate close to a gigawatt of power, including spillover and operating the locks and fish ladders. Oh, and this dam was built in the 1950’s. Smaller dams, all tied to the grid and controlled remotely, could easily beat anything windmills can turn out.
He’s gotta fudge “renewables”. Otherwise all those rock-ribbed Conservative farmers out in the Corn Belt will think he’s gonna end ethanol subsidies and go running to pull the lever for Obama.
We don’t need a new “Federal Government National Energy Plan”.
We need a Federal government that quits using tax regulations and other powers of the Federal government to interfere in the fuel and energy production market space in the domestic United States economy, and gets out of the way, and allows science, and organic market economics to allow companies in the energy market space to perform as best they can - whatever best they can may mean - period, end of “National Energy Policy”.
The more Romney goes into behaving like Obama, that he’s, like Obama, the national “Wizard of Oz”, and he - simply using Federal powers differently than Obama - can manipulate the economy, the more he will simply create a different breed of crony capitalists and energy markets will still perform below their potential.
When Thomas Edison electrified Manhattan, there was no “Federal Energy Plan”, and not even a “New York State Energy Plan” or even a “New York City Energy Plan” (hell - the city fathers were sure he’d fail), and he did the whole thing on his own money - no “tax incentives”, no “subsdidies”, just a belief in what he was doing.
The nation was “stronger” in Edison’s day.
Edison - electrified
A funny example you picked.
Edison tried to get his competition’s more efficient A/C power banned through legislation, and fortunately failed.
“Edison tried to get his competitions more efficient A/C power banned through legislation, and fortunately failed.”
right - “legislation” was kept out of it
that does not discount his original effort sans government money or support
nor that, the nation was stronger in Edisons day, when there was no “National Energy Plan”
Actually, Akin has until Sept 24 or 25 to withdrawal from the ballot, pay for the cost of reprinting and allow the party committee to name a replacement.
Missouri is not locked into Akin vs McCaskill if he does the right thing before that date. It's NOT over.
This SHOULD be easy.
Build more refineries.
Mine more coal.
Build more nukes.
Build fast breeders to convert nuclear waste back into fuel.
Defund all these crap “Green” initiatives and tell them to go find real investors.
Pretty good list, but we already have a surplus of refinery capacity. We have been refining more than we use (and exporting the surplus) for a while now.
We haven’t built a new refinery in ~ 3 decades, but we spent most of those years expanding and upgrading the ones we already have.
I guess I’m still reeling from the Hurricane Katrina era when enough refinery capacity was knocked out that I had trouble getting gas; partly because of the idiotic rules regarding gas types.