John Bolton

John Bolton

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Sunday, August 18, 2013

Advances in Natural Gas Recovery Promise New Golden Age

So why is the left so adamant to stop it?

Over a month ago I shared with readers information on the documentary "Fracknation," an excellent, and entertaining report on natural gas fracking. The documentary is still playing on HDNet movies (check schedule).

If you prefer a text based report of similar quality, James Panero's column in City Journal is a must read.
In 2000, shale produced only 2 percent of our domestic gas supply. According to the federal government’s Secretary of Energy Advisory Board, 50 percent now comes from shale and other unconventional sources, a share expected to rise to 80 percent by 2035. Pennsylvania may sit on the second-largest natural-gas field in the world; significant deposits also lie beneath Arkansas, Louisiana, New York, North Dakota, Ohio, Oklahoma, and West Virginia. In 2012, the International Energy Agency predicted that the United States would surpass Russia to become the world’s largest natural-gas producer by 2015. A 2011 study from the Massachusetts Institute of Technology (MIT) estimates that America’s supply of gas will last more than 90 years.
Trillions in new investments, jobs and economic activity are the eggs laid by this golden goose which also promises cheaper energy for American families with the potential to help end our dependence on Middle East oil. Natural gas is also much friendlier to the environment than coal or oil. It's use releases fewer pollutants into the atmosphere.

So, why are the environmentalists, led by the Hollywood left and many Democrats so against it? That's the unanswered question in Panero's report. And since the environmental movement has shown, as we saw in Fracknation, the willingness to lie and present false evidence to scare people into thinking gas fracking is harmful, we can expect the standoff to continue to the detriment of everyday Americans who would benefit most from this energy and economic miracle!

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