The Senate just passed it's version of a "comprehensive" energy bill by a margin of 85-12. Normally, when you see the word comprehensive attached to any bill, it's time to run the other way. This bill, however, has a few very important provisions mixed in with the comprehensive garbage.
The single most important part of the bill is that it expedites the export of American natural gas. Right now, America is the world leader in natural gas production, and we have by far the biggest reserves of that fuel. Developing a market overseas for our natural gas will result in the creation of hundreds of thousands of new, highly paid jobs across the country. It will allow countries in Europe and Asia to escape from dependence on Russian or Middle Eastern fuel, a change which will result in the significant weakening of those countries (none of whom are our friends.) It will significantly clean the environment as there is a switch from higher cost oil to lower cost natural gas as well as from coal to natural gas for power generation. In short, it's a no brainer.
The rest of the bill is filled with the usual nonsense. Fortunately, however, none of it rises to the level of being totally awful. The House has already passed its own energy bill. Now, the two houses better find time to conference the bills and get them passed. Moving forward with our gas industry is too important to get shuffled aside at this late date.
The single most important part of the bill is that it expedites the export of American natural gas. Right now, America is the world leader in natural gas production, and we have by far the biggest reserves of that fuel. Developing a market overseas for our natural gas will result in the creation of hundreds of thousands of new, highly paid jobs across the country. It will allow countries in Europe and Asia to escape from dependence on Russian or Middle Eastern fuel, a change which will result in the significant weakening of those countries (none of whom are our friends.) It will significantly clean the environment as there is a switch from higher cost oil to lower cost natural gas as well as from coal to natural gas for power generation. In short, it's a no brainer.
The rest of the bill is filled with the usual nonsense. Fortunately, however, none of it rises to the level of being totally awful. The House has already passed its own energy bill. Now, the two houses better find time to conference the bills and get them passed. Moving forward with our gas industry is too important to get shuffled aside at this late date.
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