American Elephants


We’re Living In a Golden Age Of Clean Energy by The Elephant's Child

The Green New Deal is not only a silly unserious proposal that has nothing to do with the environment but that to which they supposedly aspire, has already been accomplished by free market capitalism. Not in the wind farms where turbines may or may not be turning, but this is Seattle – and the solar cells aren’t doing anything either, it’s raining, and will be for the rest of the week. Where it has been accomplished is in the Permian Basin, the Bakken Formation, and the Marcellus Shale. The Fracking revolution and plentiful natural gas has meant we are living in a golden age of clean energy. As Jim DeMint has written today:

The natural gas revolution, made possible by both the discoveries of new reserves and the development of technologies to extract it from previously inaccessible deposits, has helped the United States cut pollutant emissions by 70 percent over the last three decades. Despite adding almost 100 million people to our population since 1990, an increase of 30 percent, even total carbon emissions have increased by only 2 percent. Greenhouse gas emissions are not just rising slowly. They are actually falling in recent years.

The left has long said we need to treat climate change and environmental protection as the moral equivalent of war. If that is true, where are the celebrations now that it is a battle we are finally winning? Why? Because when the facts do not fit with the liberal political narrative, they often print the narrative as fake news. Progressives said we need to find new, clean sources of energy to get us away from coal and oil. Well, we have. Natural gas is clean.

According to the climate group Carbon Brief, natural gas use has cut 50 percent more emissions than wind and solar power combined. Gas also has negligible local pollutants, 50 percent less carbon emissions than coal and 30 percent less than oil. What is not clean is the record on the left of opposing the development of natural gas-rich regions and the infrastructure such as pipelines that needed to further lower the costs of energy to consumers and the environment.

Somehow the Left operates on emotions and feelings – not so much on facts. What facts they need or find are meant to develop the feelings. I don’t quite understand how they think, but it doesn’t seem quite useful. but probably that’s just me. Very strange. Natural gas is a fossil fuel, by the way, but fossils are not involved.



The Remarkable Success of America’s Shale Revolution! by The Elephant's Child

The revolutionary drilling techniques that are changing the energy situation in America and in the world—hydraulic fracturing and horizontal drilling—are unlocking oceans of shale oil in Texas and North Dakota. The stunning increase in the combined output of the Bakken, Eagle Ford Shale and Permian Basin oil fields between 2007 and 2014 is a remarkable success story. It is bringing amazing energy-based prosperity to America in the form of millions of “shovel-ready” jobs throughout the economy; a huge boost in state tax revenues; millions of dollars of royalty payments to landowners and farmers; lower energy prices, and more energy independence.

America’s contemporary society depends on cheap plentiful and dependable energy. Energy is a big percentage of the costs of everything that needs manufacturing, transporting and distributing. This has been one of the most remarkable success stories in American history. And it wasn’t all that long ago when every politician was concerned about our “dependence on foreign oil.”

Environmental activists have pushed for bans, moratoriums, or other restrictions alleging that “fracking” is somehow a threat to public health or to the environment, and searched for some species that can be called endangered. but increasing numbers of environmentalists have distanced themselves from the fracking ban movement. Greenhouse gas emissions have fallen 10 percent since 2005, attributed largely to the increased use of natural gas.

Hydraulic fracturing and horizontal drilling have unlocked a 200-year supply of natural gas, making the fuel more affordable for economic growth and household use. The activists don’t want to hear any good news, it disturbs their vision of a declining world and open-ended government planning.

oil1
This dandy chart from Economist Mark Perry illustrates the marvelous growth in production from less than 200,000 barrels per day to nearly 1,600,000 barrels per day at present and climbing. That should power a lot of economic growth!  Perhaps we should ask just why the administration is not interested in that!

Combined, the three fields have gone from 1 million barrels per day in 2007 to 4 million in 2014, all on private land, so Obama cannot halt production.

 




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