President Trump: This Is How To Bring Back 1 Million Energy Jobs
Dear President-Elect Trump,
There’s work to be done. And I know you’re up for a challenge. In fact, I’m now sure of it. So let me lay out a policy position that I am truly hoping you will adopt as your own.
I’m talking about natural gas as a transportation fuel:
cheap, clean, abundant natural gas. And I’m talking about U.S. energy independence, balanced budgets, jobs, trade and the environment.
We use natural gas for power generation and as a heating fuel but that’s an old story for a new reality. Fracking has unlocked a phenomenal amount of gas in the last decade. Our onshore wells are rivaling the reserves of the deep offshore giants. And we’re getting much more for much less these days.
North America also has over 2 ½ million miles of pipeline with more coming on line plus distribution capabilities in every urban center in America and Canada. All that’s missing is an appetite for it.
Shale gas has been targeted by drillers for decades, but the big volumes that first started coming out of the Barnett then the Haynesville, Marcellus and some newcomers are now about a decade old. That’s 10 years! Ten years since Aubrey McClendon and Boone Pickens called for a natural gas economy and ten years with no net effect other than a well deserved break for consumers, a few export licenses and an uptick in power generation usage (though that is now being challenged in the courts).
Other than that we’ve blown it. We’ve damned ourselves to the status quo.
That’s why this is so beautiful. Is all you have to do is pick up the ball that has been dropped at your feet by the oil and gas industry. Use that bully pulpit you just won and you’ll be regarded as one of the best presidents ever, the one who truly did deliver jobs and a cleaner environment.
All segments of America will benefit, from our labor force that is desperately in need of work to our progressives and their carbon concerns.
Source: Dan Doyle for Oilprice.com
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