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Pelosi on Natural Gas: Fossil Fuel or Not?
Wall Street Journal ^ | 8/24/08 | John D. McKinnon

Posted on 08/24/2008 3:22:31 PM PDT by DallasBiff

House Speaker Nancy Pelosi’s message on energy, already evolving in recent weeks, might have to evolve a little more.

On NBC’s “Meet the Press” on Sunday, the speaker twice seemed to suggest that natural gas – an energy source she favors – is not a fossil fuel.

“I believe in natural gas as a clean, cheap alternative to fossil fuels,” she said at one point. Natural gas “is cheap, abundant and clean compared to fossil fuels,” she said at another.

The speaker apparently was trying to contrast her support for expanded use of natural gas as a motor-vehicle fuel, and many Republicans’ preference for more domestic oil drilling — particularly through opening up more of the Outer Continental Shelf for exploration.

But according to naturalgas.org, an educational Web site maintained by the Natural Gas Supply Association, “natural gas is the cleanest of all the fossil fuels.”

Pelosi and her husband drew attention recently for their investment in T. Boone Pickens’s Clean Energy Fuels Corp., which markets compressed natural gas and liquefied natural gas as a fuel for motor vehicles. Some leading Democrats, including Pelosi, have been eying legislation to encourage such uses of natural gas, as soaring gasoline prices have put pressure on Congress to do something. Amid steady pressure from Republicans, both Pelosi and Democratic presidential candidate Barack Obama also have signaled that they’re open to expanding offshore oil drilling, as long as it’s part of a comprehensive package that includes other energy alternatives.

Pelosi’s investment in Clean Energy – between $50,000 and $100,000 – is a tiny fraction of the speaker’s assets, as she pointed out on Sunday. “That’s not the point,” she added. “I’m investing in something I believe in.”

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: 110th; congress; democrats; drilling; energy; enrgy; obama; oil; pelosi; pickens
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To: DallasBiff
Within the last couple of weeks someone posted that Pelosi’s financial disclosure shows heavy investments in alternative fuels, including natural gas. Has anyone confirmed this??
21 posted on 08/24/2008 3:46:12 PM PDT by econjack (Some people are as dumb as soup.)
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To: Repeal The 17th
The entire political purpose of ideologies, is to promote people based on loyal adherence to the group-thought, without requiring anything of them, intellectually and individually, besides that loyal conformity. That is what they are for, and it is what they do. The number of mindless followers in the world being much greater than the number of people who think, it is also a highly effective political tactic. People hate having intelligence or merit required of themselves. 99 out of 100 know they would not qualify for anything, objectively.
22 posted on 08/24/2008 4:05:45 PM PDT by JasonC
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To: DallasBiff
“That’s not the point,” she added. “I’m investing in something I believe in.”

...and can funnel taxpayer money into.

23 posted on 08/24/2008 4:05:47 PM PDT by Vince Ferrer
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To: DallasBiff
Never mind fossil fuel or not, let's just see how cheap it will be THIS winter.
24 posted on 08/24/2008 4:06:46 PM PDT by Melinda
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To: JasonC

I agree with that.
You ‘shore’ do talk ‘purtier’ than I do, though.


25 posted on 08/24/2008 4:08:59 PM PDT by Repeal The 17th
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To: Repeal The 17th
There is a name for this. It is called the Peter Principle.

Read on, from Wikipedia:

The Peter Principle is the principle that "In a Hierarchy Every Employee Tends to Rise to His Level of Incompetence." While formulated by Dr. Laurence J. Peter and Raymond Hull in their 1968 book The Peter Principle, a humorous treatise which also introduced the "salutary science of Hierarchiology", "inadvertently founded" by Peter, the principle has real validity. It holds that in a hierarchy, members are promoted so long as they work competently. Sooner or later they are promoted to a position at which they are no longer competent (their "level of incompetence"), and there they remain. Peter's Corollary states that "in time, every post tends to be occupied by an employee who is incompetent to carry out his duties" and adds that "work is accomplished by those employees who have not yet reached their level of incompetence".

26 posted on 08/24/2008 4:10:51 PM PDT by Alas Babylon!
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To: DallasBiff
These people are blinded by extreme environmentalism. Our cars burn gas very cleanly, and that is why there is not much said about pollution anymore. Now the focus is on C02, which is not a pollutant but is claimed to cause global warming. Burning natural gas creates C02 just like burning gasoline.
27 posted on 08/24/2008 4:14:57 PM PDT by HwyChile
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To: DallasBiff
Is it politically incorrect to say this women is dumber than a box of rocks?

Russert, (God rest his Soul) is spinning in his grave that no one had a comeback on the fact that it is a fossil fuel, he would have caught that.

For years were heard about Cheney and Bush and being tied to Big Oil.

Da, sometimes the Gas is found with the oil, does this now make San-Fran-Nan a tool of "Big Gas"?

The 50k or 100K is just a small part of their net worth, Oh really, if so then how does that make able to relate to the little people and champion them.

I do not know about you by my Hypocrisy and Inconsistency meter is pegged....

28 posted on 08/24/2008 4:15:43 PM PDT by taildragger (The Answer is Fred Thompson, I do not care what the question is.....)
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To: DallasBiff

My God, that woman is STUPID!


29 posted on 08/24/2008 4:18:46 PM PDT by Panzerlied ("We shall never surrender!")
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To: DallasBiff

“Pelosi and her husband drew attention recently for their investment in T. Boone Pickens’s Clean Energy Fuels Corp., which markets compressed natural gas and liquefied natural gas as a fuel for motor vehicles...”

Imagine the uproar if this was a conservative Republican!


30 posted on 08/24/2008 4:19:08 PM PDT by olddemocrat
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To: Alas Babylon!

I believe that to be true.
I see it every day.


31 posted on 08/24/2008 4:19:30 PM PDT by Repeal The 17th
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To: DallasBiff

Natural gas is from multiple sources.

Some of them are fossil, such as coal, but it also comes from deep within the core of the earth, where its production is not yet fully understood.


32 posted on 08/24/2008 4:21:01 PM PDT by editor-surveyor (Jimmy Carter is the skidmark in the panties of American History)
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To: businessprofessor
"We are going to replace high oil prices with high natural gas prices if Pelosi and TBone get their way."

Now we're getting down to the real issue!

33 posted on 08/24/2008 4:23:11 PM PDT by editor-surveyor (Jimmy Carter is the skidmark in the panties of American History)
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To: DallasBiff
bumper-sticker
 
 

Contact your Congress critters to let them know that you are tired of high gas and winter heating prices.

U. S. Senate

U. S. House of Representatives

34 posted on 08/24/2008 4:29:19 PM PDT by Salvation (†With God all things are possible.†)
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To: DallasBiff
Nancy the buffoon is full of foul smelling gas but I doubt it's clean and nothing from her could be natural. It's scary to think someone so stupid could rise to a position of such power. If we elect Berry and Joe in November our government will have a trifecta of idiots at the top.
35 posted on 08/24/2008 4:29:55 PM PDT by peeps36 ( Al Gore Is A Big Fat Lying Hypocrite. He Pollutes The Air By Opening His Big Mouth)
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To: peeps36
Google up “Nancy Pelosi assets” and try to keep your head from exploding. She's smart in the sense of the swamp of Washington. And her relationship with Murtha can be explained re base closures and real estate investments. “Isolep” is a big name in her business dealings. SHE'S WAY DIRTY.
36 posted on 08/24/2008 4:35:26 PM PDT by Thebaddog (Dog breath? I don't think so.)
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To: econjack

“Pelosi’s investment in Clean Energy – between $50,000 and $100,000 – is a tiny fraction of the speaker’s assets, as she pointed out on Sunday”

She did! This is clearly a ethics violation. She’s investing in energy generation she has direct power to enrich herself. This should be a huge issue.


37 posted on 08/24/2008 4:35:42 PM PDT by y6162 (uot)
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To: DallasBiff
On NBC’s “Meet the Press” on Sunday, the speaker twice seemed to suggest that natural gas – an energy source she favors – is not a fossil fuel.

Gee queen bee, have any futures in natural gas by any chance?

38 posted on 08/24/2008 4:37:29 PM PDT by EGPWS (Trust in God, question everyone else)
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To: y6162
This is clearly a ethics violation. She’s investing in energy generation she has direct power to enrich herself. This should be a huge issue.

It is my understanding that this is not improper.

Congressmen are allowed to call hearings, interview company officials for otherwise private insider trading information, and then place stock and/or bond trades based on that information.

That all is something that isn't bandied about too much. Wonder why?

39 posted on 08/24/2008 4:40:12 PM PDT by Balding_Eagle (OVERPRODUCTION......... one of the top five worries for American farmers.)
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To: y6162

I saw that too. She’s worth $100 million. Google up “Isolep” and start the fun. All the San Fran names are entwined in this stuff. Newsom is mentioned often as well.


40 posted on 08/24/2008 4:41:00 PM PDT by Thebaddog (Dog breath? I don't think so.)
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