You’ve heard the stories about the millions of dollars squandered by the Obama Administration on green energy projects supposedly to create vast numbers of new jobs in a revolutionary “green energy economy.” But, all too often all that remains is a bankrupt empty building, or at best a handful of jobs – and, a heap of new federal debt.
If Obama was really committed to creating jobs, there was another time tested way to get it done – by assuring plentiful supplies of affordable, reliable traditional sources of energy. Instead, the “transformational” President went to war against the hydrocarbon industry. Thankfully, he didn’t win.
While the administration has done everything in their power to discourage fossil fuel production on federal land, there has been a revival happening on private land where oil and natural gas output has increased. When supply increases, prices come down, and natural gas is particularly affordable.
As a result, jobs connected to and dependent upon natural gas are exploding. A USA Today feature report documents the hundreds of thousands of new jobs resulting from affordable supplies of gas. Here’s an excerpt:
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance: William's Edge Webinar for December 19th, 2014 | John Ransom
In Other News: New Captain America Will be Black; Racist Liberals Suddenly Become Fans | Michael Schaus