Vast stores of natural gas trapped in methane hydrates offer a low-cost alternative energy source that could jump-start the U.S. economy now that research by the U.S. Department of Energy (DOE) has proven successful in safely and economically extracting it.
As Obama's EPA institutes new regulations on coal-fired power plants, the number of operating plants will steadily dwindle, causing increased costs and job loss.
Beacon Power, the beneficiary of the endless flow of taxpayer guarantees emanating from the Department of Energy, went into bankruptcy in just over two years, leaving lawyers from the Justice Department crying foul.
As the issue of rising gas prices dominates Obama’s current standing among the public, the White House is scrambling to broadcast the President’s purported dedication to U.S. energy independence. And one strategy the administration is engaging in is to accuse congressional Republicans of stonewalling executive efforts to improve the country’s energy and environmental stature.
United Mine Workers Association (UMWA) President Cecil Roberts (left) recently blasted the actions of EPA Administrator Lisa Jackson, who has proposed new stringent standards on coal-based generating units, declaring, “The Navy SEALs shot Osama bin Ladin in Pakistan and Lisa Jackson shot us in Washington.”
Remember $1.83 per gallon gasoline? Seems like a very distant memory? That was the national average price we paid for the precious liquid when President Obama took over the White House in January 2009.
After once touting Solyndra as a success story, President Obama sought to distance himself from the now-bankrupt and scandal-plagued manufacturer of solar panels, blaming Congress and China for the debacle instead of accepting responsibility. Critics of the administration promptly blasted the comments.
While President Obama travels around the United States touting “green energy” as the solution to the nation’s spiraling energy costs, the wind farms of the Pacific Northwest are proving once again that alternative energy sources are having a hard time living up to the praise lavished on them.
“Load sixteen tons, and what do you get? Another day older and deeper in debt… ” — Tennessee Ernie Ford
Coal is very low on the scale of subjects for ballads or charming folklore. Like Rodney Dangerfield, it just doesn’t get any respect. What does a naughty boy get in his Christmas stocking? A lump of coal. As a career, few brave souls outside Appalachia would have a goal in life of riding a rail car several miles — down several thousand feet below the surface — to attack the “face” of a coal seam. The thought terrifies me — and probably many others.