Who pays for President Obamas war on energy? Where will they attack next? Share the facts at CFACT.org: cfact.org/2014/10/28/billionaires-club-using-greens-to-undermine-u-s-energy-security/ We know President Obama has been waging a war on coal—with tens of thousands of jobs lost due to his attacks since he was elected in 2008, but why has the oil and gas industry escaped the harsh regulations that have virtually shut down both coal mining and coal-fueled power plants? After all, we know his environmentalist base—with whom he is philosophically aligned—hates them equally. According to a recent report from the Congressional Research Service (CRS), oil production on state and private lands is up 61% and is down 6% on federal lands. The CRS found that it takes 41% longer to process an application for permit to drill in 2011 than it did in 2006. Getting a permit on federal lands takes an average of 194 days compared to a few days to a month on state lands. The Obama Administration approved the fewest drilling permits since 2002. Additionally, it has sold the lowest amount of oil-and-gas leases since 1988. As a result, U.S. oil production on federal lands has fallen to a 5-year low. And, these numbers don’t include the tens of thousands of jobs that would have been created if the Keystone pipeline had been approved 6 years ago.
Posted on: Wed, 29 Oct 2014 13:03:39 +0000
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