Is 0bama deliberately hurting middle class Americans because of his horrible stance on energy?
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For a Shell Executive, Much Head-Scratching
Europe is generally considered greener than the United States,
but its oil executives certainly share American oil executives’
enthusiasm for drilling.
ReutersPeter Voser, chairman of Royal Dutch Shell, at the conference in Houston. I caught up with Peter Voser, the chief executive of Royal Dutch
Shell, this week at the IHS Cera annual energy conference in Houston,
and he gave me an earful about what he characterized as America’s lack
of direction when it comes to having a national energy policy.
Royal Dutch Shell is getting closer to winning approval to drill
in Alaska’s Arctic waters after several years’ and more than $4 billion
worth of efforts. But for the Swiss-born executive, it is bewildering to
watch the Obama administration withhold approval of the Keystone XL
pipeline, which would carry crude from oil sands in Canada to refineries
on the gulf coast. (Shell is a big investor in the Canadian oil sands.)
Nor does Mr. Voser understand why there is no consensus on embracing
the development of natural gas from new shale fields through hydraulic
fracturing (Shell is also a global leader in gas production.)
“Alaska is only part of it,” Mr. Voser said. “I am still puzzled
that with Canada in the north, with oil sands and Keystone, plus the gas
revolution in the United States, plus the Gulf of Mexico successes in
exploration, with Alaska coming, the United States is sitting on so many
energy resources.”
“I can’t see why there is not more drive,” he said. “It’s puzzling,
frustrating. Any other country in the world would jump on this.”
I mentioned to Mr. Voser that the United States has been divided
on energy and environmental issues for many years. He nodded when I
also mentioned how Theodore Roosevelt had set aside the national parks
to shield them from development and was still beloved for having done
so.
Still he expressed amazement. “Every week you read of problems
in the Middle East, the Chavezes of this world, Mexico’s production is
going south, and here you have this huge resource base in this country,
and we are discussing, ‘We may drill somewhere here or there’ instead of
having a full policy.”
He added, “China’s energy policy is much clearer.”
Read More: http://green.blogs.nytimes.com/2012/03/09/for-a-sh...
Top Opinion
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Temlakos~POTL~PWCM~JLA~☆ 2012/04/28 23:00:05YES! He is destroying America.
+11He must destroy the middle class in order to create a class war between the upper and lower classes.
those that want to catch thier own fish don't
it is all politics.. Moving middle class to dependent lifestyle gets dems votes.
when your base is too small increase the base,
NOBAMA 2012
You have made a magnificient statement in "Moving the middle class to a dependent lifestyle gets dems votes." What they fail to understand, due to diminished mental capacity, is where is the money to run this disasterous concept coming from??? Someone has to provide the fish for the trough! How many of us would work for nothing to fill it so the "free lunchers" won't have to work! LOL
LEECHING UNGRATEFUL BUMS vote Democrat.
its not as if blue states are 'donors.'
Odd that the cities and states in this country that are a failure like Detroit and Michigan have had Democrats running them for decades.
baloney
nonsense. 1700 'capped' wells have to pay for themselves. if production drops off, a well gets capped. if the price of crude oil climbs, those capped wells get uncapped. nobody pumps if they will lose money on it.
the fungibility of oil sets the price.
the fungibility of gasoline sets the price.
they ARE regulated. you want them to gov't controlled. that's not regulation.
NOBAMA 2012
NOBAMA 2012
flexible with Russia after the election is scary.
NOBAMA 2012
the federal reserve is a joke, It requires a yesperson to head it. Someone with no scruples, Just willing to take the hit of blame when things fail. Pays well,so why not. Bush had the yesperson,and Obama left him in place. and put turbo tax timmy to head ithe IRS.
what do you think 'speculators' do? its not some evil cabal of greedy old men playing with prices.
its insurance.
it makes sure that, say, gasoline, is where you want it to be when its supposed to be there at some agreed price. that price is determined by all perceived exterior factors. Iran. refinery outages, natural disasters. PROJECTED DEMAND.
those are called pricing signals.
if we don't have pricing signals, we wind up with Gov't doing that job. and just like the USSR, you wind up with shortages in everything from gasoline to toilet paper.
f your 'collusion'. Obama needs a whipping boy and you simply repeat his damaging rhetoric. the more of you boobs that listen to him AND TRY AND CONVINCE OTHERS of that rhetoric, the worse off the rest of us are.
forget your feeble attempt at class warfare. what you seem to desire damages all classes, the poor the most, then the middle class.
Prices for commodities don't just magically rise for no reason. Quantitative easing and the economic stimulus package played a vital roll in the price of commodities. This isn't right wing bs, this is simple economics. Printing money and dumping it into the economy only buys time. It isn't a long term fix. The rate of inflation impacting the dollar is the highest in recorded history of a fiat currency!
Obama claims to be for the 99% but he illegally restructured the Solyndra loan as soon as they saw that it was going under so when bankruptcy hit (just a few months later), his 1% buddy and BIG DONOR/BUNDLER George Kaiser would get paid back BEFORE the tax payer (aka the 99%).
Emails show that the WH was more concerned about how it would look for the Mid-Terms and NOT the fact that the tax-payer would get reamed.