Tuesday, January 29, 2013

Boost economy by developing energy

When Obama threatens action that will weaken the nation's defense, make us less energy sufficient, cause a loss of jobs -- or a combination  of all three -- you can take him at his word. When he said he intends to eliminate all coal fired electric generating plants, he was determined to do so.

His latest victim is the power plant that was to be erected at Corpus Christi, Tx.  The company planning the plant  has  given up, citing the ever increasing regulations of the EPA.  In addition to making that area vulnerable to brown outs and black outs,  it is costing 3900 jobs.

While the fossil fuel energy is being treated as an enemy, taxpayer money continues to flow to so-called "green" energy companies.  Thirty-four companies supported by taxpayers have filed for bankruptcy or are otherwise failing.

The president continues to refuse to allow Canada to build the Keystone pipeline, which would make our energy supply more stable and create thousands of jobs.  Developing our bountiful energy could go a long way to boosting our economy and providing much needed jobs.  An example of what developing energy resources could do  is North Dakota whose booming economy based on energy  forces Walmart to pay a starting salary of $17 an hour.

No comments:

Post a Comment