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POPSPelosi's Farting Up the Wrong Tree Get some bean-o for your gassy ignorance! Cont..You know what else she’d learn if she read that EIA link? She’d learn that natural gas isn’t brought to us by magic fuel fairies but by the same arrangement that brings us oil. She’d learn how you drill for gas using the same equipment as you do for oil and that sometimes we drill for gas and oil at the same time using just one well. She’d also learn how natural gas is carried by evil pipelines, just like the oily pipelines that might endanger caribou if they didn’t like them so darned much. Of course, that all assumes that she’s the least bit interested in learning anything that might demolish her own infantile view of how we get energy in this country and what we’re going to need to do to keep ourselves supplied well into the future. Based on her behavior in the last few weeks, it seems the only thing she’s interested in is making herself a couple more million dollars and scoring cheap political points.
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POPSWhoring for Her Big Wind Investments Naturally, the Pickens Big Wind plan is proudly endorsed by Do-Nothing Pelosi’s friends at the obstructionist Sierra Club. Through another company, Mesa Power, Pickens has committed upwards of $12 billion in wind farms on the Texas panhandle. CEFC and Mesa Power are separate entities. But what benefits one piece of the Pickens puzzle benefits them all. The wind venture, as Pickens himself acknowledges, depends on permanent federal subsidies. Speaker Pelosi bought between $50,000 and $100,000 of stock in Pickens’ CLNE Corp. in May 2007 on the day of the initial public offering: “She, and other investors, stand to gain a substantial return on their investment if gasoline prices stay high and municipal, state and even the Federal governments start using natural gas as their primary fuel source. If gasoline prices fall? Alternative fuels and the cost to convert fleets over to them becomes less and less attractive.”
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POPSRolling Blackouts Let’s emulate California? First, California didn’t cut their demand; they only kept it from increasing. Next, people may remember how well California’s energy policy worked over the last two decades. The aging infrastructure, price mandates, and botched privatization led the state into years of rolling blackouts, where utilities simply cut off supply in order to compensate for an inability to meet demand. Governor Gray Davis got recalled from office over the issue, but the blackouts continued for years afterward. And again, California never did reduce demand, not even by 5%, let alone 15%. I’m not sure Californians would feel like a great example of an energy policy that worked, and I doubt the rest of the nation feels differently. And Obama once again repeated his pledge to get a million more plug-hybrids (at 150 mpg!) on the road while cutting electrical demand, a neat trick that Obama still hasn’t explained.
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POPSPolitical Cover This allows dems at home to say they support drilling to their constituents knowing that the drilling is DOA and will not be voted on. Pathetic
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