Saturday, September 24, 2016

Hillary: "Stop fossil fuels!"

M.D. Kittle writes at Watchdog.org,
MADISON, Wis. – Hillary Clinton has pledged to “stop fossil fuels.”

The Democratic presidential nominee vows to destroy fracking.

“By the time we get through all of my conditions, I do not think there will be many places in America where fracking will continue to take place.” Clinton said during a debate in March.

She and her allies in the extreme environmental movement – big liberal donors like billionaire climate change fanatic Tom Steyer – have pushed for anti-fossil fuel policies that would have cost millions of jobs and crippled the economy.

The U.S. Chamber of Commerce’s “What If…” report found that, without the energy renaissance, America would not have created some 4.3 million jobs over the past seven-plus years and would not have realized an estimated $548 billion in annual gross domestic product. Electricity prices would have been 31 percent higher, and gas prices would have been 43 percent higher without the growth and development of domestic oil and natural gas production, according to the analysis.

The report took a closer look at the energy boom’s impact on four states – Wisconsin, Pennsylvania, Ohio and Texas. It found these states would have lost a combined 950,000 jobs without the expansion.

Then there is the question of national security. U.S. import levels for oil and gas have fallen by 62 percent and 73 percent, respectively. A decade ago, 60 percent of oil consumed in the United States came from foreign sources, many of those places hostile to America. Today, the U.S. imports just 24 percent of its overall consumption. Natural gas import levels have dropped from 16 percent to 3 percent over the same period.
Read more here.

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