(fyi Bloom is me, FReeper LikeLight, Class of '98)
Well get together with our state reps in Michigan and kick their butts. We have plenty of natural gas and we need the jobs too.
I know many families in Texas that have recovered their lost retirement from the payments from the Bartlett Shale. Amazing to watch, especially those families battle hardened by the results of the economic recessions from the boom - bust cycle of the oil business.
Thee do not waste their resources. We as a nation should do no less.
The whole secret to getting out of the mess we’re in is domestic energy independence...and abadoning globalism
Thank you for being a FReeper, Rep Bloom!
I live in Williamsport and we have absolutely benefitted from the Marcellus Shale boom. Rep Gene Yaw is my representative and he is a great man.
What most people (even Pennsylvanians) do not realize is that we have some of the toughest regulations on the natural gas drillers in the country. Of course, this is not enough for the liberals who spread fear and disinformation across the state.
While the liberals call for higher taxes and choking regulations on the natural gas industry, they will never be happy until they drive them out of the state. That is the dirty secret these liberals can never admit.
With the Utica Shale find below the Marcellus, gas drilling will be in our great Commonwealth for decades to come. I welcome it!
· The Coal State Politician's keep pushing clean coal to protect their interest ( I may disagree with him on technology, but lets continue)
· The Midwest State Politician's are pro Ethanol again do to their voting block.
· Obama is pro Wind, Solar, Biomass and he sort of noted they are not ready because you can't run industry on them
· He then noted the push for "batteries" in cars and trucks and you can't put them in trucks and the electricity you get is 85% coal anyway.
The meat of the matter is Jim is Pro Natural Gas and believes it for Trucks 1st Cars 2nd. He noted look you are investing in (his audience) in this because you want it to work etc. And then he said, it ain't gonna happen with the Obama Administration. Maybe a President after-wards but not him, which is a pound of suckage, because Cramer was an Obama supporter. He noted the Gas stocks and conversion infrastructure companies have taken on the chin as of late.
It was almost like he was telling his watchers this ain't gonna make money soon, sell if you want too.
I have been researching this field for 2 years and I am fascinated by it. I can't help but wonder if it won't at some point soon gather it's own momentum and happen even with Obama and the Sierra Club.
But other points are, I am stunned by the number of market type blogs that are aware of this game changer and potentially getting aboard it, and I am also stunned as to no word yet from Sarah Palin on this. Pushing Shale Gas as a rapid fire move towards energy independence would be a natural for her.
For those who don’t know, there is a home filling device available to use with a natural gas Honda Civic. Fill up overnight at home and avoid the gas station. Natural gas, a regulated utility, is cheaper than gasoline upon which we are ridiculously dependent, much to the joy of our enemies.
http://www.jaylenosgarage.com/extras/green-garage/honda-civic-gx-ngv/
In the Penn. area is a company that has the technology to easily convert coal/shale to any form of hydrocarbon [at less work for use in refineries] on a commercial scale. Either insitu (downhole as for shale or coal gas production) or in LARGE containment vessels (as for coal extracted or surfaced-mined).
Global Resources has gone through all needed engineering trials to have their technology ready to go as soon as illegal Obama-etal is removed from the WH/America.
It has built specific-designed microwave devices per the application which uses less energy to do the work than typically steam or high pressure fracing.
I’ve argued for a long time that a “Marshall Plan” for US energy production would go a long way towards restoring both economic well being and increasing our standard of living.
Cheap plentiful energy is the life blood of a modern economy.
We transfer a huge amount of our wealth to foreign powers that use that wealth against us at even greater cost to us.
Until that changes, not much else will.