Romney energy math
“The report estimates that increased domestic oil and natural gas production could create more than 3.6 million jobs by 2020. These estimates, however, do not depend on loosening regulations or handing over control of federal lands to the states,….”
“In fact, Citigroup's report refers to current energy regulations as "benevolent" and describes them as a necessary factor in maintaining the stability of the markets. "Federal regulation is better than state regulation," Morse says. Handing control over to the states, he says, "would more likely have a negative impact" on job growth.”
“Under state regulation, for example, the Keystone XL Pipeline -- a project that has Romney's support -- would not likely ever get built. "If the state of Nebraska were allowed to vote on whether the Keystone XL Pipeline were to be built in Nebraska, it probably would not happen," Morse says. And on dialing back federal regulations, Morse says, "I don't see how you can sanely develop resources that are inherently dirty without having government regulation to make sure that the tradeoffs between risks and potential new productions are managed."
“Those plans(Obamas) include opening more than 75% of untapped resources in the Gulf of Mexico and Alaskan coast to drilling and instituting reforms that actually punish oil and gas companies with idle leases.”
“The Citigroup report's job growth predictions include 785,000 additional jobs based on the idea that increased energy efficiency will reduce energy consumption and give consumers more disposable income, stimulating a wave of economic growth.”
Job growth doesn't depend on relaxing regulations.--- State rather than federal regulation will likely hurt rather than help.--- Oil companies are sitting on idle leases.--- Giving consumers more disposable income, stimulates economic growth....
Wait, I thought 'job creators' stimulated economic growth.
“The report estimates that increased domestic oil and natural gas production could create more than 3.6 million jobs by 2020. These estimates, however, do not depend on loosening regulations or handing over control of federal lands to the states,….”
“In fact, Citigroup's report refers to current energy regulations as "benevolent" and describes them as a necessary factor in maintaining the stability of the markets. "Federal regulation is better than state regulation," Morse says. Handing control over to the states, he says, "would more likely have a negative impact" on job growth.”
“Under state regulation, for example, the Keystone XL Pipeline -- a project that has Romney's support -- would not likely ever get built. "If the state of Nebraska were allowed to vote on whether the Keystone XL Pipeline were to be built in Nebraska, it probably would not happen," Morse says. And on dialing back federal regulations, Morse says, "I don't see how you can sanely develop resources that are inherently dirty without having government regulation to make sure that the tradeoffs between risks and potential new productions are managed."
“Those plans(Obamas) include opening more than 75% of untapped resources in the Gulf of Mexico and Alaskan coast to drilling and instituting reforms that actually punish oil and gas companies with idle leases.”
“The Citigroup report's job growth predictions include 785,000 additional jobs based on the idea that increased energy efficiency will reduce energy consumption and give consumers more disposable income, stimulating a wave of economic growth.”
Job growth doesn't depend on relaxing regulations.--- State rather than federal regulation will likely hurt rather than help.--- Oil companies are sitting on idle leases.--- Giving consumers more disposable income, stimulates economic growth....
Wait, I thought 'job creators' stimulated economic growth.
