by: Brent Smith
Boy was I wrong. I was speaking to some friends just yesterday that I had heard the Bidden executive order cancelling the XL Pipeline project would put 11,000 people out of work.
Everyone was shocked by this. They couldn’t believe that a mere stroke of the president’s pen could wield such power as to just erase 11,000 jobs, just like that. And worse, it’s not that there was no remorse or regret over the decision kill that many jobs. It was the exact opposite. read more
I’m not sure what I think about this decision. I know why the president is doing it and why he feels he must. And maybe he’s right. Perhaps, this time, the government is the only entity large enough to do anything about it.
I still don’t like the federal government sticking it’s nose into the private sector (anymore than it has already). But maybe it’s the only way this time to save the entire domestic oil industry.
I guess there are a few times when I’m glad I don’t have to make this decision. This is a tough one.
from the Right Scoop:
A few minutes ago Trump tweeted that he was ordering his administration to create a plan to bailout the crashing oil and gas industry in the US: read more
from Brent Smith for World Net Daily:
The radical environmental lobby recently got a shot in the arm by means of a judge’s ruling.
Last Friday, U.S. District Court Judge Sharon Gleason, an Obama appointee, slapped down President Trump’s move to open up the Chukchi Sea in the Arctic, north of the Bering Strait, as well as other places, in the Atlantic, for oil and gas drilling.
CNBC wrote, “The judge ruled that Trump exceeded his authority when he reversed Obama-era restrictions on offshore drilling in the Arctic and Atlantic oceans.”
Well, not to mince words or anything, but it sounds like CNBC wrote this to imply to its readers that these Obama-era restrictions were actual laws passed by Congress. read more
Has any politician ever been more wrong than Barack Obama was about U.S. oil production and energy independence? Based on the latest report from the International Energy Agency, the answer is unequivocally no.
On Tuesday, oil prices fell for the 12th consecutive decline. And amid that decline, the International Energy Agency forecasts that the U.S. will account for 75% of the growth in global oil production through 2025.
That’s a stunning finding that shows how dynamic the domestic oil and gas industry has become. read more
Two of descendants of John D. Rockefeller, the founder of Standard Oil, now ExxonMobil, are evidently guilty about their family legacy. So guilty are they over their dirty Big Oil legacy, that they are calling out the company, stating that ExxonMobil has downplayed the effect that oil drilling has had on Global Warming – because that’s what guilty rich liberals do.
Obama has been releasing terrorists from the prison at Guantanamo Bay, Cuba, so he might finally fulfill his promise to close the facility and further his radical legacy. Some of those released have been sent to a rehabilitation center in Saudi Arabia. However this rehab center appears to be a front for recruiting jihadists.
Don’t do drugs! If you do, you may begin to think you are a wild animal, like a young man in the Czech Republic, who was caught on video by a trail camera, completely naked. He thought he was a Tiger. read more
by: the Common Constitutionalist
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If you are a regular reader, you will recognize the Dakota Access Pipeline which, when completed, will transport oil from the Bakken oil fields near Stanley, North Dakota to Pakota, Illinois.
The contractor, Precision Pipeline, says the pipeline will be capable of transporting between 450,000 and 570,000 barrels per day of domestic crude. Although not as highly publicized as the now defunct Keystone XL Pipeline project, the Dakota is still a major undertaking spanning four states and costing $3.8 billion.
You may read all about in an article I wrote July, entitled, “The Pipeline We Know Little About.”
As one would expect with projects such as this, there are bound to be protests. After all, it is big oil and who better to protest an easy target like that. read more
by: the Common Constitutionalist
Remember the Keystone XL Pipeline project? Remember what a cause célèbre it was for both the left and right? What the heck ever happened to it? Have you wondered that?
Well, in short it was killed pretty much for good, or at least the foreseeable future – both here in the USSA and now in Canada. As you are no doubt aware, it was Obama who, with the left in the federal and various state legislatures – and with some help from Choo-choo Warren Buffet who owns most of the rail cars now hauling crude down south, vetoed the pipeline. And don’t forget all the gobs of leftist activist money thrown at killing the project.
You may also recall that Canada threatened to build their own pipeline to their west coast and ship the oil to Asia if the U.S. did not acquiesce. That was when the “conservatives” ran Canada. But with the election of lefty socialist (like there’s another kind) Justin Trudeau in Canada, the entire XL project, above and below the border, was pronounced dead.
And that was the end of any talk of long distance oil pipelines. Or is it?
There is another long distance oil pipeline which will span 1,172 miles – from North Dakota’s famous Bakken and Three Forks oil production zones all the way to Pakota, Illinois. read more
In this episode I give a stirring tribute to the artist known as Prince. The next segment centers on a discussion of just who should be on our paper money. The Donald and his surrogates believe we should leave it alone and that the change is just due to political correctness. I then give my thoughts on just who should adorn our dollar bills.
In the final segment I discuss a recent IBD article regarding the Sierra Club and their attack on our remaining energy sectors. You won’t believe what they admit to. read more