Now at $3, Obama’s proposed climate bill and environmental regulations will push it higher still.
Post Tagged with: "oil"
February 17, 2010 03:00
Oil-and-gas drilling bans will cut GDP by $2.36 trillion
This should provide some ammo for industry groups pushing the White House to allow wider drilling: A new report says U.S. oil-and-gas drilling bans will increase consumer energy costs and decrease cumulative U.S. GDP by $2.36 trillion over the next two decades
That’s an average annual GDP drop of roughly a half a percent.
February 10, 2010 05:00
Drillgate: Internal Emails Shows Obama Team Lying to Public
If you’re the President of the United States or one of his political appointees and you’re ideologically opposed to new oil and natural gas development offshore, what do you do when the public registers its overwhelming support for new drilling in public opinion polls? You dance, delay, and deceive. You speak melodious words about seeking the wisdom of the public in making these decisions and then ignore evidence of the public will when you get it, or worse, you hide it.
February 4, 2010 06:39
The Green Con Job – higher ‘green’ energy costs = job losses
In light of the U.S. economy’s historic sensitivity to high energy prices, an aggressive push toward green power would likely result in the net loss of millions of jobs.
