Skip to comments.Don't listen to what Obama says, watch what he does
Posted on 09/19/2012 4:59:19 PM PDT by eastexsteve
Here's an example of how Obama DOES NOT have an energy policy, and could care less what kind of mess he leaves this countries' economy in, and how many people are out of work.
Due to advances in drilling technology, we have more natural gas than we know what to do with sitting in storage tanks and pipelines. We have so much of it, that we are no longer specifically drilling for it. At this time, it's just a by-product that comes out of the well as we look to produce oil and NGLs. It is cheaper now than it has been in a long time here. But, other countries are crying to buy it from us at twice the price. And, compressed natural gas (CNG) and liquefied natural (LNG) is a GREEN FUEL that Obama has been blowing his horn over ever since he took office. Yet, the Obama administration has been taking its sweet time allowing us to build compressing plants to utilize it, and also sell it to other countries, which would create jobs, create wealth, and create more federal revenue, and IMPROVE OUR ECONOMY. We could literally be the OPEC of natural gas. But, here's a prime example of the idiocy we have running the govt. In explaining why the govt is dragging its feet on this, they said:
"The DOE would not estimate on Tuesday when it would decide on the exports. The administration 'is focused on continuing to expand domestic production of our natural gas resources, which are currently at an all-time high,' said spokeswoman Jen Stutsman."
Pardon me while I go beat my head against a light pole. I don't think these people even know how to sell dollar bills for a quarter apiece. They don't want to sell natural gas or use it, they just want us to keep drilling for it. But, we already have so much of it, we have no where else to put it!
Link here: http://news.yahoo.com/lawmakers-urge-obama-admin-approve-natural-gas-exports-162538373--sector.html
This country's economy.