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Lies, Damned Lies, And Obama's Energy Statistics
IBD EDITORIALS ^ | October 17, 2012

Posted on 10/17/2012 4:17:16 PM PDT by raptor22

Energy Policy: Leases and production are down on federal lands, the EPA is waging war on coal, and as for building enough pipelines to encircle the earth, we'd settle for just one from Canada to the Gulf.

When President Obama, in responding Tuesday to Mitt Romney's chiding about failing to approve the Keystone XL pipeline, claimed that his administration has added enough new oil and gas pipelines to "encircle the Earth and then some," we felt a perfect response from Romney would have been, "You didn't build that."

In fact, energy companies have built some 55,000 miles of pipeline, including one from Canada, mostly requiring only state and local permits, and they have operated with an admirable safety record.

Keystone XL would be just as safe, creating 20,000 jobs up front. But Obama's blockage has been about catering to his environmentalist base, not reducing gas prices or creating jobs.

Keystone XL is part of Romney's plan for North American energy independence. As the Institute for Energy Research points out, Energy Information Administration (EIA) figures released last week reveal that the U.S. buys an average of 869,000 barrels a day of oil from the Venezuela of thuggish President Hugo Chavez.

The Keystone XL Pipeline, if approved, would bring almost that same amount of oil every day from our closest trade partner, Canada, to Gulf Coast refineries — the exact destination of Venezuelan crude.

Obama's pipeline whopper was not his only falsification of the facts Tuesday night.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Canada; Editorial; Government; US: North Dakota
KEYWORDS: bakken; coal; energy; epa; ibd; ibdenergy; keystonexl; leases; marcellus; naturalgas; obama; oil; oilleases; pipeline; romneytruthfile; shalegas; shaleoil; waroncoal

1 posted on 10/17/2012 4:17:23 PM PDT by raptor22
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To: raptor22
Keystone XL would be just as safe, creating 20,000 jobs up front. But Obama's blockage has been about catering to his environmentalist base Warren Buffett, not reducing gas prices or creating jobs.

There, fixed it. Regulations that induce high oil prices are a payoff to large energy "stakeholders."

2 posted on 10/17/2012 4:36:38 PM PDT by Carry_Okie (Islam offers us choices: convert or kill, submit or die.)
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To: raptor22

Green energy is like collecting rain water.

Get enough barrel and it rains you are covered. You can store water.

Electricity Nope. Can take the edge off demand sometimes but it you want your light to come on every time you flip the switch, you will need backup.


3 posted on 10/17/2012 4:42:15 PM PDT by hadaclueonce (you are paying 12% more for fuel because of Ethanol. Smile big Corn Lobby,)
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To: raptor22
The EIA also reports that a record-high 57 coal-fired generators will shut down in 2012, representing 9 gigawatts of electrical capacity. In 2015, nearly 10 gigawatts of capacity from 61 coal-fired generators will be retired, largely due to regulations and costs imposed by the EPA.

Save the worst for last

This should scare the sh!t out of everyone. Everyone uses electricity. If you can’t afford it your life will become very uncomfortable maybe impossible.

If we have an extremely hot summer or extremely cold winter people will die. You can’t run furnaces or air conditioning with out electricity. People who can’t afford electricity turn these things off so they can afford food or medicine.

The old are particularly vulnerable because their senses are diminished or perhaps the early stages of dementia.

Electricity is also a basic requirement for any business. You can’t do business without lights and almost any business has machines that can not run with out electricity. This country was built on cheap energy. Cheap energy made the industrial might of this country possible. With out cheap energy we will decline and fall as a superpower.

Face it people either we kill the EPA or it kills us. It’s just that simple.

4 posted on 10/17/2012 5:00:55 PM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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To: raptor22

I work in the North Dakota Bakken.

Our company is laying down rigs due to the large oil price differential caused by the inability to get crude out of the state.

Pin another one on America’s greatest Energy President.


5 posted on 10/17/2012 6:06:00 PM PDT by bestintxas (Somewhere in Kenya, a Village is missing its Idiot, thankfully.)
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To: raptor22; Clive; exg; Alberta's Child; albertabound; AntiKev; backhoe; Byron_the_Aussie; ...

Canada Ping!


6 posted on 10/17/2012 8:40:53 PM PDT by Squawk 8888 (True North- Strong Leader, Strong Dollar, Strong and Free!)
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