Posts Tagged ‘No
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Michael Webber (Chron.com): As Republican presidential candidates like Gov. Rick Perry tout their energy plans, they would do well to study our best energy president in decades: President Obama.
Advocates for the U.S. energy industry routinely say they wish President Obama would pursue pro-growth energy policies. Well, he has been, and not just for the likes of fallen green giants like Solyndra. Under Obama, the traditional U.S. energy sector is flourishing. The domestic energy sector is experiencing its largest growth since the halcyon days of the 1950s and 1960s. As importantly, we’re growing in the right directions.
For the first time in decades, we are seeing sustained increases in U.S. oil production and decreases in oil consumption, which means imports are dropping.
U.S. domestic oil production is up an incredible 14 percent since Obama took office. A few years ago we imported nearly two-thirds of our petroleum products. Today we import less than half. The reduction in imports means tens of billions of dollars now stay in our own economy.
But it’s not just oil: dry natural gas production is up 16 percent, natural gas liquids are up 26 percent, solar generation is up 14 percent and wind generation is up 59 percent. Even production of coal – supposedly the main target of Obama’s policies – is flat over that same time period. There are even headlines blaring that U.S. refining capacity is at the highest point in decades, exceeding levels achieved under recent Republican administrations. All of this growth produces royalties and taxes to address our budget challenges.
….. In light of all the bad news about partisan debt fights, maybe we can all celebrate the good news that U.S. energy policy – against all odds – is finally reaping significant rewards for all of us. Our Energy President deserves a fair share of the credit.
Full article here
More at politicususa
More at The American Prospect
Steve Benen: This week, Politico quoted a senior House Republican aide …. commenting on why Republicans should reflexively oppose the American Jobs Act, the senior staffer said, “Obama is on the ropes; why do we appear ready to hand him a win?”
…. The quote did not go unnoticed at the White House. Here’s President Obama yesterday (see video above), touting his jobs agenda outside an Ohio high school ….. Note that Obama also made use of the same quote at a Rose Garden event on Monday:
…… the president seizing on this has also not gone unnoticed by Republicans. House Majority Leader Eric Cantor’s office sent an email to more than 60 top GOP aides urging them to “be very careful on our tone when it comes to jobs/the president.”
Full post here