Paul Dreissen shows how anti-fossil fuel activists are undermining the ability of the US to rebuild its energy independence, theatening our livelihoods.
You can understand their frustration, as the steady stream of radical environmentalist successes during the Obama years has been replaced with endless setbacks. Oil, gas and coal leasing, permits and production have risen significantly. Big Green just lost its first Big Cities v. Big Oil climate change shakedown lawsuit. President Trump pulled the USA out of the economy-wrecking, all-pain-no-gain Paris Climate Treaty and will soon nominate another Supreme Court justice.
The fracking revolution (horizontal drilling and hydraulic fracturing) not only slipped in under their radar. The technology they absolutely detest has utterly destroyed their mantra that the world is rapidly running out of petroleum – and now is helping create millions of jobs, generate billions in government revenues, launch a petrochemical resurgence, and turn the United States into an oil and gas exporter!
Anticipated and activated regulatory and tax reforms and rollbacks, combined with far lower energy prices, have brought record stock market gains, record lows for black and Hispanic unemployment, far fewer people on welfare, thousands of extra dollars in family bank accounts, and renewed consumer confidence. Q2 economic growth could reach 4.5% (which pessimists had said was impossible).
Just as awful, extreme greens despise oil and natural gas, but are “forced” to use these resources every day for transportation, electricity, heating, air conditioning, cosmetics, pharmaceuticals, clothing, plastics in cell phones and solar panels, and countless other blessings that they never acknowledge.
In other examples, the Cardiac 3-D Print Lab at Phoenix Children’s Hospital makes precisely crafted replica hearts, blood vessels, ears, bones and other organs out of colored plastics to prepare for surgeries and save kids’ lives; and natural gas is slowly replacing high-sulfur bunker fuel in ocean transport.