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America has no energy plan - we are the only country without one
We treat Canada like an enemy at times
Q - What has Obama done to increase oil & gas production? A- Nothing. We don't have an energy policy. The fact that we have drilled more than ever is due to technology, not government.
Jobs are in the oil & gas industry; we are the best in the world
Let's see......T. Boone Pickens bought up land for taxpayer subsidized windfarms and instead of putting up the windmills he drains the Ogallala Aquifer to sell the water to the 6+ million in the DWF-Houston area. Now T.Boone Pickens is seeking more taxpayer funding for his next business venture, natural gas.
Cry me a river of crocodile tears.
Does the USA need a workable energy policy? Absolutely. Do we need to underwrite Billionaires like Pickens, Soros, Koch or Buffett in the process? NO!
He wasn't crying about it or complaining - it was kind of a funny off-hand remark while he was answering something else. It's somewhere between the 4th and 5th minute of the video. It's was actually pretty funny when he said it.
He wasn't crying about it or complaining - it was kind of a funny off-hand remark while he was answering something else. It's somewhere between the 4th and 5th minute of the video. It's was actually pretty funny when he said it.
Oh, I heard him. The American people have lost their *ss too in the subsidies sent to Mr. Pickens, Government Electric, and others to subsidize the "wind" industry. So, excuse me if I see him setting the US taxpayer up to subsidize his investment into compressed natural gas as well.
Almost all the much-ballyhooed "alternative energy" programs involve government stimulus -- even ethanol production is underwritten by Federal subsidy.
There is, under all the hype, a small portion of the market which is sustainable in a completely free-market economy. it will grow as the price of petroleum rises -- and (or but) despite the caterwauling by the non-practical, the supply of petroleum will tail off, but very gradually because a rise in price makes more of it recoverable in practical economic terms.
The market giveth, the market taketh away, and the market "adjusteth"; (Woe to the idlers in the marketplace).
That simple fact, over the long run, is the only "regulation" that is guaranteed to work.
Here's some history: LOTS of investors have lost money in industries that eventually became very profitable. Pickens' experience in no way devalues the technology or the promise of alternative energy.
When billionaires cry about losing money they're generally on their way to the bank to deposit a wheel barrel full of money. He means he lost the tax payers money thanks to the government subsidizing alternative energy programs.
Location: ๏̯͡๏﴿ Gwinnett-That's a Civil Matter-County
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It comes as no surprise msnBS gave him a platform to spew his opinions. The oil and natural gas industry sponsors that network running commercials every 5 minutes.
No administration has expanded drilling more than the Obama administration.
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