Wednesday, June 19, 2013

Oil and gas production is increasing—on private land—new technologies make it cleaner and a smaller footprint

We could have a booming economy with enough gas to export, if Obama would just allow drilling on federal land (half of the western U.S.).  But rabid environmentalists gum up the works with mountains of paper work. Since 2007, natural gas production on federal lands fell by 33 percent while production on state and private lands grew by 40 percent. According to Congressional Research Service, the average time to process an Application for Permits to Drill (APD) on federal lands increased 41 percent from 2006 to 2011, extending the process by nearly 90 days. The sale and profits could lower our taxes and countries now enslaved economically by China and Russia's high prices for fuel could enjoy the benefits. Instead, he allows the greenies to keep him on the plantation of failed 19th century socialism. They don't care about the earth; they care about destroying the country.

http://energycommerce.house.gov/brand/new-report-chronicles-oil-and-gas-production-federal-lands-declining-under-obamas-watch

No comments: