Obama’s policies are destined to damage the economy because they will penalize the efficient, job-creating oil and natural gas industry, …. and [] raise energy costs for American consumers and manufacturers.

 

By Thomas A. Hemphill and Mark J. Perry at The American

EXCERPTS:

Oil and natural gas companies have been on a hiring spree, adding almost 100 new payroll jobs every day for the last year.

In contrast, job creation in green energy projects has so far been very disappointing. …. Today, according to these companies and state and local government economic development officials, those [wind farm] projects employ only about 300 workers, at a cost to taxpayers of more than $14 million per permanent job. [emphasis added]

 

…. there are more than 37,000 additional solar jobs at risk, …..

 

The oil and gas industry could be creating even more jobs if the United States had more of a pro-development policy for traditional energy sources instead of a government-driven, heavily subsidized, green energy approach.

 

To the extent that oil and natural gas companies are targeted with higher taxes or unfavorable regulatory policies by the Obama administration, American manufacturers will be hurt by higher energy prices, which could jeopardize job growth …

FULL ARTICLE

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