As I’ve said, this is incredibly good news—and like so many other things, all we need is the right leadership to make things happen. From Red State:
The domestic oil and gas supply picture is better than it’s been in a generation, and it’s getting better every day. That’s not just my opinion; it’s also the conclusion of Adam Sieminski, chief administrator of the Department of Energy’s Energy Information Administration (EIA), the government’s one-stop shop for all statistics related to our nation’s energy production and consumption. Sieminski was interviewed by Platt’s Energy Week upon the release of EIA’s annual reserve statistics on August 2, 2012 (link to Platt’s video, approx. 10 minutes).
The questions an intelligent voter may ask: “Why is the professional press continually suggesting that ‘the oil boom is a mirage’? Why am I learning about this from a part-time blogger, and not from the government? Why is this apparent ‘windfall’ not shaping economic policy?”
Continue reading…
