Wednesday 25 January 2012

Obama wants to use the shale gas revolution in his re-election campaign

When it has become clear that the hundreds of thousands of "green" jobs that he promised, have not - and will not be - created, president Barack Obama now evidently wants to use the enormously succesful shale gas revolution - in which he has played no role - in his campaign to get re-relected.

President Barack Obama pushed drilling for gas in shale rock and support for cleaner energy sources to boost the economy in his final State of the Union address before facing U.S. voters in November.
Hydraulic fracturing, the process of injecting water, sand and chemicals underground to free gas trapped in rock, could create more than 600,000 jobs by the end of the decade, Obama said yesterday. The process, called fracking, is among a list of energy policies Obama said would fuel economic growth.

“We have a supply of natural gas that can last America nearly 100 years, and my administration will take every possible action to safely develop this energy,” Obama said.

Obama reiterated support for conservation and cleaner sources of power and pledged more oil drilling as part of an ‘all-out, all-of-the-above’’ policy “that’s cleaner, cheaper, and full of new jobs.” He said domestic energy production is at an eight-year high and imports of foreign oil were declining, prompting criticism from Republicans.

California Republican representative Darrell Issa quite rightly commented that the shale gas revolution is not happening as a result of any efforts of Obama´s:  

“It’s just a blind accident, if in fact we are producing more oil or natural gas than in previous years, because it’s not because of any of his efforts,” Representative Darrell Issa, a California Republican and head of the House Oversight and Government Reform Committee, said after the speech.

Read the entire article here

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