... but I have yet to find it anywhere.
Here's what columnist Paul Krugman will reportedly say in Sunday's edition of The New York Times concerning the prospects for President Obama's green energy programs, including the cap-and-trade anti-global warming program:
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The Obama administration’s six-month delay in approving new offshore drilling leases in federal waters will become a new three-year ban, Interior Secretary Ken Salazar quietly told reporters last Friday.
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You've probably never heard of either hydraulic fracturing or Steve Heare, but odds are good that you will soon be hearing a lot in the Mainstream Media about both of them.
Hydraulic fracturing - aka "hydro fracking" - is an old technology used for six decades in places like Oklahoma and Texas to get to oil and natural gas deposits that would otherwise be unreachable by injecting water into adjoining rock formations.
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More than a few eyebrows were raised last week during President Obama's State of the Union speech when he talked about the necessity for “making tough decisions about opening new offshore areas for oil and gas development.” That statement was widely taken as an indication Obama is or will claim to be opening up more of the Outer Continental Shelf to energy exploration.
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Fossil fuels account for 84 percent of all the energy America uses now and they will account for 78 percent in 2035, according to U.S. government projections that include the most likely levels of growth in renewable energy source like wind and solar.
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If reducing carbon emissions to stave off imminent climactic disaster is really their main goal, you’d think environmental groups would be clamoring to replace coal-burning power plants with nuclear reactors, which don’t emit any carbon.
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Gas prices here in the U.S. are creeping back up towards the $3-per-gallon mark even as news breaks today that China's state-owned energy firm just closed a deal to buy interests in four development leases on the American Outer Continental Shelf (OCS) in the Gulf of Mexico.
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