Virus gives energy producing states a preview of what life will be like if Democrats kill fracking

NY Times:

Fracking Once Lifted Pennsylvania. Now It Could Be a Drag.

Natural-gas companies operating in the state were looking shaky before the coronavirus hit.
Local economies are now at risk.
What would really be a long-term drag is electing Democrats who have made an irrational pledge to stop fracking.  That would be a disaster not only for the economy but also for the environment.  Fracking is the reason the air is getting cleaner because it made it possible to switch to natural gas for electricity production instead of coal.  It is now also clear that alternative energy is not reliable enough to substitute for natural; gas.  It is also vulnerable to extreme weather which could be disastrous to northern states.

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more