Why is it that natural gas sells in the U.S. for $3.94 per 1,000 cubic feet and in Europe and Japan for $11.60 and $17, respectively? Part of the answer is our huge supply. With high-tech methods of extraction and with discovery of vast gas-rich shale deposits, estimated reserves are about 2.4 quadrillion cubic feet. That translates into more than a 100-year supply of natural gas at current usage rates. What partially explains the high European and Japanese prices is the fact that global natural gas markets are not integrated. Washington has stringent export restrictions on natural gas. Naturally, the next
I rarely disagree with Williams, but I do here. I have lived most of my life watching this country live at the mercy of those with energy supplies we do not have. As a nation, it has cost us dearly.
It is our energy, and we should prioritize it for our economy and for American generations to come. Meanwhile technology will mature enough to allow real energy alternatives (not bird-killing windmills) and improve efficiency.
Reply 3 - Posted by:
Grant Hodges, 8/14/2013 9:20:38 AM (No. 9473191)
The energy belongs to the lease holders who own it. Not you. If you wish to bottle LNG up in this country putting thousands of people out of work this week...then you should buy up the leases yourself. You shouldn´t rely upon a Congress and President bought and paid for by American industrial users of natural gas.
Those who use fuel oil for heating have been at the mercy of foreign oil for years. My son switched to natural gas for heating, and has saved enough to pay for the conversion the 1stt year. Now some are advocating exporting gas and raising the price? To whose benefit? Certainly not the people´s.
Dow early in their corporate history signed 50 year contract for natural gas. They then built their own direct fired natural gas co-generation power plants that used the heat energy to run the plants and labs. By the end of 2008, Dow was desperately seek joint ventures to supply natural gas and light hydrocarbons. And then entrepreneurs discovered how to produce gas and light hydrocarbons from Eagle Ford shale. In the space of 5 yr, Dow has gone from disadvantage to advantaged. They are selfish to put their profit over the health of the economy. TX is leading the nation in gas production while actually drilling for oil. If the price were higher, TX would drill for dry natural gas.
Too bad. Screw Dow, Nucor, et al. Think of the hundreds of thousands of mineral owners (mostly farmers and ranchers) who who would be impacted by their greed. That includes the federal government who has huge oil and gas mineral ownership in the west.
When the Pelosi-Reid-Obama troika triumphantly celebrated cramming through the ACA (Affordable Care Act) over majority sentiment, they crowed that this was the president´s signature achievement and ACA soon took on the name of its creator, ObamaCare. Though not one of them, nor any of the Democrats in the Senate who voted it into law uni-partisanly had read it, they all assured us that we´d grow to really, really like it. Boy, were they wrong.
A new report from the Texas-based Quorum Report, published by longtime Texas journalist Harvey Kronberg, says that House Speaker John Boehner plans to push amnesty legislation through the House, after the primary filing deadline for candidates. The move would prevent Tea Party from challenging GOP lawmakers who support amnesty in 2014. Scott Braddock reported on Tuesday that “in recent weeks, various Texas business interests have told Quorum Report that Boehner has been telling them that he will start holding immigration votes not long after the filing deadline has passed.”
The historic IT disaster known as the Obamacare web site has been of intense interest to me, since I´ve been a Senior Software Engineer for decades, and I have personally participated in, witnessed, and reported on (as a technology reporter) a number of IT disasters. But even so, the size of the Obamacare web site catastrophe on October 1 still takes my breath away. When I first heard, shortly after October 1, that there was 500 million lines of code in Healthcare.gov, I quickly rejected that figure, because it´s impossible.
In politics, process matters often nearly as much as — if not more than — substance, and the procedure by which the filibuster was weakened last week by Senate Democrats is likely far more problematic than the rank hypocrisy of their doing so. It is hard to view the Democratic majority’s use of the “nuclear option” as anything other than an admission of weakness and of curbed ambition. After the increasingly problematic Obamacare debacle, it seems as though President Obama and his fellow Democrats have given up the hope of governing through a national consensus. Instead, Obama has signaled that
It may be that the best way conservatives can win an important political battle is to appear not to be fighting one. Harry Reid’s nuking of the Senate filibuster last week might provide the perfect opportunity. Ideologues may not want to hear this, but bear with me. The American electorate desperately wants to see somebody important appear to put the public good ahead of partisanship. Surveys for years have made this clear. The first party to convincingly offer a constructive middle ground — somewhere, anywhere — will be the first party to start escaping the astonishingly low poll numbers that plague
On Tuesday, November 12, Nebraska Senate candidate Ben Sasse walked into Mitch McConnell’s office to clear the air. Contrary to the rumors, Sasse wanted to say, he hadn’t secretly vowed to oppose McConnell’s leadership if elected. In fact, he hadn’t been asked to make such a pledge and would never have even considered it. That was the plan, anyway. As soon as Sasse sat down, McConnell lit into him, criticizing him for working with the Senate Conservatives Fund (SCF) as well as for posting a viral YouTube video in which he demanded “every Republican in Washington, starting with Minority Leader
Unless you live under a rock, you’ve heard by now that 52 Senate Democrats voted to end the filibuster for executive branch and judicial nominees after eight years of employing it against President George W. Bush. The hypocrisy is award-worthy. And unless you can’t get cable or radio signals under that rock, you’ve no doubt heard clips from 2005 of every prominent Democrat speaking on the sanctity of the filibuster and against the “nuclear option,” and every prominent Republican saying the opposite. Control of the Senate and White House has flipped since then, and the scripts have too. But here’s
De Blasio’s recent mayoral victory was a sad day for New Yorkers. Electing him was proof that the constituency in NYC is morally, philosophically, and educationally bankrupt. And if the mayor sticks to his positions that he declared as candidate De Blasio, NYC will be financially bankrupt as well. A strong argument can be made that the entire election was a public service union push. For four years now, the public service unions have waited to negotiate their contracts until Bloomberg was out of office. The time has come for the unions. De Blasio, from a position of patronage, will roll
Fresh off the disastrous rollout of Obamacare which Senate Majority Leader Reid and (now former) Speaker of the House Pelosi rammed through Congress using unconventional procedures and with zero Republican support, his extremist wing compelled him to make yet another ham-handed move which predictably will hurt his party in the long run more than it will help it. Since the issue has for the most part been poorly explained in the major media, let me explain what has happened and why I think this will prove a major miscalculation.
A great deal of attention has been focused on the political fallout that Democrats in Congress will face because of their support for ObamaCare. Beyond video of Mary Landrieu in 2009 saying just what Obama was saying about people being allowed to keep their old health plans, surely the video of Nancy Pelosi that we had to "pass the bill so that you can find out what is in it" ought to be part of any Republican´s campaign against Democrats in the congressional midterm elections.
The second presidential midterm has historically been a disaster for the political party whose man is in the White House. In 2006, Republicans lost both houses of Congress as Bush fatigue not only led voters to vote against Republicans, but also led many Republicans to stay home. Although there have been a few anomalies -- like 1998, when the Senate Republicans´ cravenness in Clinton´s impeachment trial opened the door for modest Democrat gains; in 1986; in 1974; in 1966; in 1958; and in 1942 (a third midterm, but in a four-term presidency) -- the party in power generally suffers dramatic
A major GOP donor who told Breitbart News Senate Minority Leader Mitch McConnell made disparaging remarks about the Tea Party movement and about Sens. Ted Cruz (R-TX) and Mike Lee (R-UT) continues to stand by his original story after claims that the reports were not accurate. This individual reported that on the Oct. 30 fundraising call American Crossroads’ Karl Rove and Steven J. Law held with McConnell, “McConnell specifically talked about Mike Lee by name, specifically talked about Ted Cruz by name, and he specifically talked about the Tea Party by name,” the donor told Breitbart News in response to a
The question all week long was this: Who are you going to believe, an illegal alien or the president of the United States of America? Obviously, if it’s a president who once went by an alias, Barry Soetoro, you go with Uncle Omar, 100 percent, no questions asked. And so it was that the White House finally admitted to another, uh, misstatement — despite previous denials, Barack/Barry did sleep on his beloved Uncle Omar’s couch in Cambridge when he first moved here to attend Harvard Law School (speaking of which, we’re still waiting to see the president’s grades and his LSAT scores). But the
More young men in California rise in pitch at the end of their sentences when talking, new research shows. This process is known as "uptalk" or "valleygirl speak" and has in the past been associated with young females, typically from California or Australia.But now a team says that this way of speaking is becoming more frequent among men.The findings were presented at the Meeting of the Acoustical Society of America in California. "We found use of uptalk in all of our speakers, despite their diverse backgrounds in socioeconomic status, ethnicity, bilingualism and gender," said Amanda Ritchart, a linguist at the University of
How do you get your arms around the catastrophe known as Obamacare? Is it even possible? At this point, I’m not sure it is. The list of individual disasters which threaten to ruin one-sixth of the U.S. economy and what has been, up until now, the best healthcare system in the world is exhaustive, and exhausting. The examples I will identify here barely scratch the surface. First but by no means foremost, we have the supposedly new and improved HealthCare.gov. Except it’s not, even the visible part. Stories still abound of people still failing to get in or to get through the enrollment
DAVID CORN: I saw a president who remains frustrated with the political-media culture that he has to work within, and that he´s looking to rally people, students here, and supporters, and people within the media. CHRIS MATTHEWS: But David Corn, you skeptic. He came to us today. He came amongst us. CORN: He´s trying to rally people behind this vision that he´s been promoting for a couple years. FINEMAN: By the way, he did it the end here, today, Chris, not by defending specifics, but by explaining why he´s in the game to begin with. And I don´t know about you, he´s
The National Highway Traffic Safety Administration has announced a new five-year strategic plan to improve safety for elderly drivers and passengers. Although they are statistically among the safest on the road, the number of older drivers is increasing dramatically — and with it, that group´s numbers of injuries and deaths. Since 2003, the population of older adults, defined as age 65 and older, has increased by 20% and the number of licensed older drivers increased by 21% to 35 million in 2012, according to NHTSA. Last year, NHTSA reported that 5,560 people older than 65 died and 214,000 were injured
The most curious thing of all about the November jobs report released on Friday was the huge drop in the unemployment rate — and the fact that the Labor Department chose not to disclose that the data going into that figure are under investigation for falsification. On Nov. 19, I broke the news in my column that the Census Bureau, which collects data that goes into the jobless rate on behalf of Labor, had caught one of its enumerators fabricating interviews in 2010. The culprit said back then (and to me during an interview) that he was told to do so by
7. On the U.S. war with Iraq: “If there is a country that has committed unspeakable atrocities in the world, it is the United States of America. They don’t care for human beings.” Via cbsnews.com 6. On Israel: “Israel should withdraw from all the areas which it won from the Arabs in 1967, and in particular Israel should withdraw completely from the Golan Heights, from south Lebanon and from the West Bank.” Via jweekly.com 5. On the U.S. war with Iraq: “All that (Mr. Bush) wants is Iraqi oil.” Via cbsnews.com 4. Mandela on Castro and the Cuban revolution: “From its earliest days, the Cuban Revolution has also been a
Barack Obama did not tell the whole story this autumn when he tried to make the case that Bashar al-Assad was responsible for the chemical weapons attack near Damascus on 21 August. In some instances, he omitted important intelligence, and in others he presented assumptions as facts. Most significant, he failed to acknowledge something known to the US intelligence community: that the Syrian army is not the only party in the country’s civil war with access to sarin, the nerve agent that a UN study concluded – without assessing responsibility – had been used in the rocket attack. In the months before the attack,
Dr. Ezekiel Emanuel, the hapless, goalpost-shifting so-called "architect" of Obamacare, told Fox News´ Chris Wallace on Fox News Sunday that President Barack Obama´s promise "if you like your doctor, you can keep your doctor" was absolutely true--with one important caveat: if you like your doctor, "you can pay for it." Wallace grilled Dr. Emanuel, challenging his false claims that California´s enrollment was keeping pace with the percentage of the young population necessary to keep the system afloat, and pointing out that the president´s promise on doctors would collapse once people lost their insurance or their
One definition of a pathological liar is someone who lies where the truth would serve just as well. When President Obama’s uncle, Onyango Obama, was arrested in 2011 for drunk driving, the truth — that Obama had stayed with his uncle years earlier for several weeks as a Harvard law student — would have served the president just fine. No potential Obama voter would have held it against him that an uncle he had stayed with two decades earlier was picked up for DUI. Yet the White House went with a lie, claiming that Obama had never met his uncle. Now that
The U.S. isn´t called "America the Beautiful" for nothing. Each year, millions of tourists come from home and abroad to see the country´s majestic landscape and iconic sites, from the Grand Canyon to the Statue of Liberty. But there are also cool, quirky attractions, like Vermont´s Ben & Jerry´s Factory and Tennessee´s Graceland, the former home of Rock and Roll King Elvis Presley. From California to New York and everywhere in between, the country is chock-full of incredible attractions that keep luring in visitors. Here are the best tourist attractions in every state.
President Barack Obama’s Facebook page on Saturday posted a message honoring the dead from Pearl Harbor—accompanied by a picture of Obama descending the stairs next to the Pearl Harbor Memorial. The picture barely fits the name of the Arizona Memorial so it can frame Obama in the foreground. The post´s statement reads: Today, with solemn pride and reverence, let us remember those who fought and died at Pearl Harbor, acknowledge everyone who carried their legacy forward, and reaffirm our commitment to upholding the ideals for which they served. President Obama The Obama Administration´s current shipbuilding plan shrinks the size of