Tag Archives: Offshore Drilling

News

“Clean energy” plant closes after receiving 58 million in subsidies

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From CNS News. (H/T ECM)

Full text:

A clean energy company is closing its factory in Massachusetts, just two years after it opened the solar plant with about $58-million in taxpayer subsidies, the Boston Globe reported. Evergreen Solar calls itself a victim of weak demand and competition from cheaper suppliers in China.

The newspaper describes Evergreen Solar’s closing a major hit to Democratic Governor Deval Patrick’s efforts to make Massachusetts a hub of the emerging clean-energy industry.

“The administration persuaded Evergreen to build at Devens with a package of grants, land, loans, and other aid originally valued at $76 million. The company ended up taking about $58 million, one of the largest aid packages Massachusetts has provided to a private company,” the newspaper reported.

Gov. Patrick, a VIP at Evergreen’s 2008 ribbon cutting, was heavily criticized by his rivals in 2010 for providing so much public aid to a company during tight fiscal times.

The Evergreen closing will eliminate 800 jobs in the commonwealth, the Globe reported.

This reminds me of the Liberal government in Ontario, Canada – they wasted tons of money on green energy as well, and since the province owns the electricity company (Ontario Hydro), all the people have to pay double what they were paying before the green energy initiatives.

Obama raises gas prices by choking oil supply

Meanwhile, at the federal level, Obama is raising gas prices to appease his environmentalist faction. (H/T ECM)

Excerpt:

For the past nine months, Pres. Barack Obama has unilaterally taken steps that will lead to higher gas prices for struggling consumers, and fewer jobs and economic growth for our nation. Now Obama’s handpicked oil-spill commission (made up of environmentalists and political allies) has recommended more steps that will take us farther down that path of needless economic chaos — and, unsurprisingly, President Obama has responded to this report by looking into additional unilateral actions he can take outside the oversight of Congress.

The commission report took its cues from President Obama, calling for more regulation, more government control, and less drilling.

[…]But the Obama commission apparently failed to consider the impact of reforms on taxpayers and on our energy industry. While the commission correctly included a focus on risk-based assessment for all individual offshore activities and operations, they spent entirely too much time appeasing environmental activists with proposals for ways to slow the industry down, like expanding the time it takes for a lease application to be reviewed and recommending a vast amount of new industry-wide regulations.

This is exactly what President Obama aims to do: slow down or stop entirely the drilling of fossil fuels in the U.S., raise the price of existing and new supply wherever it comes from, and use unilateral executive-branch action to make gas so expensive that alternative energy sources will become viable dollar-to-dollar.

Do you see now why people shouldn’t vote for the best looking or youngest candidate? It actually matters who the President is – because the President’s decisions affect the prices of the things you use every day.

That is why making voting decisions based on emotions and happy-clappy talk about helping the poor and helping the environment is such a bad idea. It’s anti-marriage and anti-family. If the government is taking people’s money and wasting it, then people can’t afford marriage and children. The people who whine the most about men not wanting to marry fail to see that it is exactly these feel-good policies that made marriage and parenting UNAFFORDABLE. Either vote based on emotions, or vote for family. There is no third way.

Either the government spends the worker’s money, or the worker spends his own money. What is it going to be? Either policy is meant to make us congratulate ourselves on our moral superiority, or it is meant to enable us to afford to do what we ought to do – marry and raise children. What is it going to be?

News

Ezra Levant testifies to Parliamentary committee on ethical oil drilling

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Ezra Levant

Ezra Levant’s testimony to the Parliamentary Natural Resources committee is a nice summary of his thesis in his new book “Ethical Oil”. (H/T Andrew)

An excerpt from Ezra Levant’s testimony:

One day we might discover a fuel source with no environmental side-effects, that is affordable and practical. But until that day comes, we need oil.

Not just us, but the United States, to whom we sell 1.4 million barrels of oilsands oil every day. And last year, more cars were sold in China than in the U.S. And they all want to be two-car families too, and same for India and the rest of the developing world.

So the choice isn’t oilsands oil versus some fantasy fuel of the future. It’s oilsands oil versus oil from the other places where oil comes from – mainly OPEC countries. I don’t know what God was thinking when he was handing out oil, but he gave it to the world’s bastards – places like Iran, Saudi Arabia, Venezuela, Nigeria. Out of the top ten countries ranked by oil reserves, Canada is the only western, liberal democracy on the list.

That doesn’t matter if all you care about is driving your car. It all burns the same. But what about the ethics of the oil?

In my book, Ethical Oil, I suggest four liberal values by which we should judge the morality of a barrel of oil: respect for the environment; peace; fair wages for workers; and human rights.

I compare oilsands oil to OPEC oil using these four measures.

I come to the conclusion that oilsands oil is the “fair trade coffee” of the world’s oil industry.

And a bit later, he explains why Canada needs to drill more, and sell more oil to other countries.

The leader of the opposition has said it’s important to increase trade with China and India. I agree. Right now, those countries are forced to buy terrorist oil, dictatorship oil, Darfur oil. Because we only let Americans buy our oil.

I love our American neighbours. But it’s dangerous to have just one customer for our product. We’re at the mercy of protectionism and taxes. And sometimes we’re taken for granted. That’s why the pipeline to the West Coast is so strategically important – it makes us an independent country, with options.

I find it very irritating that so many of the anti-oilsands and anti-pipeline activists in Canada take their funding from U.S. lobby groups like the Tides Foundation. Of course it’s in America’s interest that no other customers are allowed to buy Canadian ethical oil.

But it’s in Canada’s interests that we are able to sell to whomever we choose. And if you care about industrial ethics, it’s in the world’s interest, too.

A lot of people are watching how Canada handles the oilsands miracle. Not just Canadians. The American Ambassador is watching, too. He hopes the Gateway pipeline is strangled, so he can have our oil all for himself.

The Saudi Ambassador is watching too. He hopes the pipeline is killed also, so he doesn’t lose any market share in Asia.

The United States should buy things from other countries – but not if they cause more pollution than we would, and not if there are sponsors of terrorism. When we buy things from other countries, we should do it because they can do it better and cheaper than we can. We should not be restricting our own domestic energy production, which is what the Democrats want to do, so that we can enrich countries that pollute and sponsor terrorism against us and our democratic allies.

News

Offshore drilling moratorium would cost 175,000 jobs per year

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From Big Government. (H/T ECM)

Excerpt:

During a 45-minute conference call with journalists from 40 major media outlets this morning, Jack Gerard shared some startling predictions about the future health of the nation’s oil and natural gas industry if the Obama Administration gets its way in adding more regulation and increasing taxes on offshore drilling in the Gulf of Mexico. The biggest one of all is enough to cause anyone to take pause:

“The administration’s moratorium, if continued indefinitely — or similar legislative proposals which would make the deep water unavailable or uneconomic — would cost this country 175,000 jobs every year between now and 2035, according to our latest analysis,” said Gerard, president of the American Petroleum Institute, a group representing some 400 oil and natural gas companies.

The story has more scary effects of a complete shutdown of deepwater drilling. One of my friends who I am staying with during my vacation says that the real number is closer to 200,000 jobs per year.