Friday, August 16, 2013

Oil Production in the US. Game Over for the New Luddites

This from Mark Perry's Carpe Diem blog at AEI

It's all coming from private lands. The All of the Above strategy pursued by the current administration doesn't seem to have filtered down to Federal lands.

This from the EIA

The Greens talk about Game Over if the Keystone XL pipeline is built. It probably doesn't matter too much. There is an ocean of oil and gas in North America and hydraulic fracturing is making that available. The result is lower prices for consumers, lower carbon emissions (yes, lower carbon emissions) and plenty of well-paying jobs. Just not for out-of-touch East and West Coast liberals.


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