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The Truth about American Energy

The Truth about American Energy
December 01
13:58 2015

President Obama and other world leaders, representing nearly 200 countries, are meeting today in Paris to discuss the ever-controversial topic of climate change. While Obama believes that halting progress on the Keystone Pipeline and piling regulations on the power and fossil fuel industries will help preserve America’s crumbling reputation, the president has once again failed to see the big picture.

What Obama fails to see is that America’s energy sector represents the brightest spot in our current economy. Advances during recent years have drastically reduced America’s carbon emissions. In fact, this April marked the lowest month of emissions in 27 years! Consider also that countrywide emissions dropped 9% between the years 2005 and 2013 –the largest reduction made by any country in the world.

It is America’s natural gas and oil revolution that has made these advancements possible!

…And yet Obama still wishes to force unnecessary regulations that will increase production costs and stop natural gas and oil development on federal lands.

Despite the president’s efforts to combat progress in this field, production continues to grow at an astonishing rate. The production of natural gas (which just hit 91 billion cubic feet per day) has increased nearly 27 billion cubic feet since August of 2006 – that’s enough power to run 290,000 homes per year!

According to a study by the Manhattan Institute, this increase in the production of natural gas is the single biggest contributor towards diminishing US emissions. Although our population is growing, our current emission rate is comparable to that of 25 years ago.

We simply cannot ignore the vital contribution natural gas makes to reducing emissions. According to EPA Administrator Gina McCarthy: hydraulic fracturing has “created an opportunity for a shift…into natural gas, and that shift has been enormously beneficial from a clear air perspective, as well as from a climate perspective.”

This astounding progress grew from a free market and the desire for a better, cleaner future; in other words, it was not the result of a government mandate. Obama should take a look at these facts and bring them to the international community at the COP21 meeting. Only by embracing a free market system will we be able to improve our environmental future while at the same time improving our economies.

Not only will Obama’s policies increase costs and cut jobs, but they will also decrease our chances of accomplishing a goal for the future that the free market is already working towards!

More about the Keystone Pipeline

pipeThe Keystone Pipeline runs southeast from Alberta, Canada to refineries in Texas and Illinois and to oil tank farms in Oklahoma. The first phase involved over 2,000 miles of pipe and was completed in June of 2010. Phase II, completed the following year, connected the route to a tank farm in Cushing, Oklahoma. Phase III brought the pipeline to refineries in Texas and was completed in 2014.

President Obama is trying to put a stop to the proposed Phase IV, which would in essence duplicate the first phase, but with a shorter route and a bigger pipe. Phase IV would run through Montana, enabling the light crude oil from the Williston Basin to become a part of the pipeline’s current throughput of syncrude (synthetic crude oil) and dilbit (diluted bitumen) from Canadian oil sands.

Phase IV has been under review for more than six years. On November 6th of this year, the Obama Administration announced their rejection of the plan.

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April Kuhlman

April Kuhlman

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