Posted on 02/11/2010 6:26:11 AM PST by bestintxas
Economically sensible states including Texas, Louisiana, and Pennsylvania are developing their enormous, non-traditional, "tight" natural gas reserves. In the process, they are transforming America's energy profile for the next half-century in the face of a federal government indifferent at best to this energy revolution.
In Texas, drillers have become so adept at safely extracting natural gas from shale that wells are often located in suburban subdivisions. In Louisiana, formerly impoverished residents of northwestern counties are now millionaires thanks to exploration leases and production royalties. And in western Pennsylvania, old steel towns have been reinvigorated by natural gas, as well as by the shops and restaurants that follow industrial development. In these places, a high school graduate can complete an extensive ninety-day course in wellhead techniques and earn $50K per year upon graduation.
And then there are states like New York, which, though heavily in debt and losing productive residents by the thousands every year, continues to drive away the nation's best drillers. When New York denied Chesapeake Energy the right to drill in the Catskills because of exaggerated fears about watershed pollution, Chesapeake's CEO Aubrey McClendon remarked: "Why go through the brain damage of that when we have so many other opportunities?"
(Excerpt) Read more at americanthinker.com ...
Great model for Zer0 to follow, ,right?
What should the government’s energy policy be in times of recession? The same as it should be at all other times: LEAVE IT ALONE AND DO NOT INTERFERE!
They’re kicking ass in North Dakota and Montana with oil sands!
Obama Plans to Undo Bush Rules on Oil Drilling on Public Lands, Among Others
http://redgreenandblue.org/2008/11/10/obama-plans-to-undo-bush-rules-on-oil-drilling-on-public-lands-among-others/
December 4, 2008
Obama may reverse Bush policies on stem cells, drilling, abortion
http://www.cnn.com/2008/POLITICS/11/11/obama.executive.orders/index.html
Obama blocks offshore drilling Feb 11, 2009 ... Wednesday, February 11, 2009 ..
http://www.washingtontimes.com/news/2009/feb/11/drilling-ban-revisited/
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