Tuesday, December 6, 2011

U.S. Energy Reserves - #3472 -VIDEO: Energy Independence Could be as Easy as 1-2-3 - Hot Air (2) EPA May Cost You Thousands - Heritage Foundation (3) Did New Cafe Standards Delay Publication of Federal Register Hot Air (4) Reprieve on the Canada Connection - Hot Air (5) Energy Committee to Consider Contempt Citation Against White House for Solyndra Stonewalling - Hot Air

Great Video, please watch and pass on.



Energy Independence Could be as easy as 1-2-3 - Hot Air - Bet you’ll never guess which country is the world’s largest holder of natural gas, oil and coal resources combined. That’s right. This country. According to a report released today by the Institute for Energy Research, the United States has 1.4 trillion barrels of recoverable reserves of oil — or more than the entire world has used in 150 years. That’s enough to fuel the United States for the next 250 years. Add natural gas and coal resources to that and we’re good to go for all the foreseeable future. But, thanks to backward energy policies, we’re still dependent on foreign sources of oil. What is perhaps even worse — at least at a time of 8.6 percent unemployment — is that those backward energy policies that restrict access to our own resources also force us to forgo badly needed jobs. Research shows that reduced job creation — not increased layoffs — explains the high unemployment we have now. Here is a readymade way to create jobs, which, again, the president says is his top priority. In fact, the IER report shows we could create 1 million jobs just by (1) unlocking more federal lands, (2) developing shale resources and (3) eliminating excessive regulation. Read more........

So how is Obama helping the U.S. to capitalize on these reserves:


How EPA May Cost You Thousands - Heritage Foundation - Brace yourself. The cost of a new car in America is set to explode, skyrocketing by thousands of dollars, all thanks to a new regulation proposed by President Barack Obama’s Environmental Protection Agency and the National Highway Traffic Safety Administration.  Under a new 893-page proposal unveiled last week, automakers must hit a fleet-wide fuel economy average of 54.5 miles per gallon by 2025–double today’s 27.3 standard. The government says it would cost automakers $8.5 billion per year to comply, which means a spike in sticker prices of at least $2,000 to $2,800, according to official projections. Other estimates peg the added costs at $3,100, and that could go even higher. As The Wall Street Journal writes, “Vehicles that currently cost $15,000 or less will effectively be regulated out of existence.”  Read more.......

Did the New Cafe Standards Delay Publication of the Federal Register? - Hot Air - Ordinarily, the Federal Register — the daily record of rules, proposed rules and notices of the federal government — publishes at 8 a.m. But, as late as 2:45 p.m. ET today, the Register’s website displayed a little red bar across the top of the homepage that read, “Today’s issue is currently unavailable; we apologize for any inconvenience.”Why the delay? It could be holiday fever. It could be just plain ol’ bureaucratic ineptitude. Or it could be that today’s issue of the Federal Register took longer to prepare because it was to include (and ultimately did include) one of the most massive regulations yet proposed under the Obama administration. Read more......

Reprieve on the Canada Connection" - Hot Air - As we reported previously, the president’s prevarication and procrastination on the Keystone XL pipeline has some Canadians itching to begin doing business with China, though the government would rather keep the resources closer to home and deal with the United States. Though no credit goes to the White House, Barack Obama may find himself falling into a bit of good luck on the story. (Well… good luck for us, but not so much for Canada.) In order to get their oil sands petroleum to a port where China could load it on to tankers, a new pipeline to the western coast (known as the Northern Gateway) needs to be constructed. As the Vancouver Sun reports, that’s very much easier said than done. Read more.....

Energy Committee to Consider Contempt Citation Against White House for Solyndra Stonewalling - What all present White House scandals have in common: An utter lack of transparency, thanks in part to MSM whitewashing and in part to stonewalling of Congressional investigations by the administration. House legislators are as tired of the latter as conservative new media journos are of the former. In fact, legislators on the House Energy and Commerce Committee are so tired of the administration’s lack of cooperation that they might sue the White House. Read more......

No comments:

Post a Comment