Thanks to the technological miracle of “fracking,” America now has the proven reserves to be the world’s number one producer of oil, number one producer of natural gas, and number one producer of coal. Imagine what that would be like for America’s own economy to include the world leading industries of all three of these crucial sources of energy.
America would then be the Saudi Arabia of oil, the Saudi Arabia of natural gas, and the Saudi Arabia of coal, all within just one economy. That would mean hundreds of thousands of good paying, blue collar jobs in those three industries alone.
But the mighty rivers of reliable, low cost energy those three industries would produce would also mean the renaissance of world leading American manufacturing, because manufacturing thrives on reliable supplies of low cost energy. That would add up to millions more good paying, blue collar jobs, and the revival of America’s world leading middle class. America would be great again!
In a new study, Heritage Foundation economist Steve Moore estimates the market value of America’s proven reserves of oil and natural gas alone as 50 trillion! That is more than three times America’s entire economy, and three times all of America’s national debt.
But the geniuses at 350.org, led by Middlebury College Professor Bill McKibben, think they have a better idea for all of that oil, natural gas, and coal. Leave it in the ground!
They want to deny America the modern energy that fueled the industrial revolution, and forcibly shift 100 percent to windmills and sunbeams to power today’s modern American economy. 350.org is leading a coalition of environmental activist groups in sponsoring a series of “Break Free From From Fossil Fuels” training sessions and protests nationwide this month.
That fits perfectly the thinking of today’s modern Democrat Party, which used to think of itself as the champion of blue collar workers. Not any more. Democrats today like Hillary Clinton have new hip friends, like crony socialist billionaires posing as renewable energy moguls reaping billions in taxpayer corporate welfare.
McKibben went to jail in 2011 for the murder of the Keystone XL pipeline, even though co-conspirator and fellow career rabble rouser Barack Obama got away scot free. A former staff writer for New Yorker magazine, he is the author of the 1989 book The End of Nature, which McKibben’s website brags “is regarded asthe first book for a general audience about climate change.” Substantively, however, the book is simplistic, emotional, unreasoned, hysterical propaganda.
But the book developed into quite a shtick for Professor McKibben. His website further brags that his co-conspirators at Foreign Policy “named him to their inaugural list of the world’s 100 most important global thinkers.” But McKibben is actually the world’s leading Lysenkoist (Google “Lysenko”).
The name of McKibben’s organization, 350.org, derives from a statement from the fevered James Hansen, formerly of NASA, that the safe upper limit for carbon dioxide (CO2) in the atmosphere (alleged source of global warming which results from burning fossil fuels) is 350 parts per million. Years ago, the atmospheric concentration of CO2 marched past 400 parts per million.
Yet, U.S. satellites measuring atmospheric temperatures 24/7 have found no global warming for 19 years now. During those 19 years, mankind has produced one-third of all CO2 emissions since the industrial revolution began in the 18th Century.
Soon, the period of no global warming will be longer than the period of actual global warming, which lasted only 20 years, from the late 1970s to the late 1990s. Before that was 30 years of global cooling.
Global temperatures have not varied with human emissions of CO2, but with longstanding cycles of natural causes, primarily heat circulation cycles in the oceans, and cycles of solar activity, such as sunspots. Both indicate we are entering a new decades long cycle of pronounced global cooling, similar to theLittle Ice Age which prevailed from about 1350 A.D. to 1850 A.D.
Let's keep the ball rollin' ! !
Tim writes that "America would then be the Saudi Arabia of oil, the Saudi Arabia of natural gas, and the Saudi Arabia of coal, all within just one economy."
Is Saudi Arabia a country to emulate, on anything?
I don't follow.
Why should we care what happens in SA / the ME (other than if called to assist our only ally there - Israel) ?
What does whatever happens there in SA have to do with developing our natural gas and oil resources ?
IMHO it should cause us to accelerate our domestic Oil & Natural Gas development.
Any reasonable individual, would see he is talking about in terms of production of resources, not, any of the tangents of Muslim society/SA society you attempted to deflect to.
But it is indicative of your disdain for sharia muslim law. So you are capable of that discernment. That's good.
So if you are capable of that, why would you make the unreasonable association of his commodity production comments , to wanting to be like SA sharia law etc.. ?
Good remarks, thanks. By the way, Saudi Arabia doesn't produce much natural gas and I don't think it produces (or uses) any coal. Nevertheless, the world's top three ENERGY providers are about equally divided between the US, Saudi Arabia and Russia.
It's kind of hard for Paul Heckbert to focus when commenting on some topic. It may be some kind of diversionary tactic to get us to focus on what is more important for him.
So, I guess he's saying that Saudi Arabia is a poor social model for us to emulate. I don't think any Saudi (other than the few zeolots like the hijackers, bin Ladins, some Wahabi mullahs and their ilk) ever promoted that idea. I'm sure no American has! Actually, I think Americans have been leading the world in improving society, consistently, since at least the 1760s.
Or maybe Paul thinks we should be emulating the more benighted societies like Cuba, Venezuela, Bolivia, hell, maybe even the Workers Paradise, North Korea.
But I digress! I think we only import about 10% of our crude from the mideast. Theoretically, we sould be able to source 100% of our crude from North America. However, nice as that sounds, any crude trader will tell you "it ain't going to happen." But, not to worry, mate:
But not to worry, mate: The most important thing is that North America has an abundance of cheap energy that is attracting domestic and foreign manufacturing investments.
The most frustrating thing for me is, I don't have much luck trying to convince local schools to provide the kind of education and training employers are begging for.