Tag Archives: Energy

Power Africa, Not So Much

Africa is beginning to feel about President Obama’s “Power Africa” initiative like Americans feel about his Affordable Health Care Act. They are learning to temper what he says against what he does. And, like Obamacare, the gap couldn’t be more wide.

A year later, the U.S. president’s flagship project for Africa has already achieved 25 percent of its goal to deliver 10,000 megawatts of electricity and bring light to 20 million households and businesses, according to its annual report.

But the five-year plan has not yet delivered the power.

Link: Exclusive: Obama plan to ‘Power Africa’ gets off to a dim start

 

Falling Gas Prices, Perfect Storm

During the Bush administration, when gas prices were climbing above $3 a gallon, the Democrat leadership was accusing “two oil men in The White House” for gouging the American people.  And, any suggestion that supply and demand was at work brought out the  economic deniers.

Now that gasoline prices at the pump are falling, where is the media giving credit to President Obama? If the president can increase the gas prices, he can also decrease them.

To be sure, gas prices are falling. The answer is, the president does not want gas prices to fall. That is why the administration is not out there taking credit for it. It could, however, take the blame for it. Watch for this president to somehow support OPEC to get prices back up.

The drop has been driven by a boom in shale production in the United States as well as weakness in some major world economies, causing supply to outpace demand.

Include the United States as one of those “major world economies causing supply to outpace demand.” Demand weakens when you stop driving to work, or take fewer trips in your car, because you do not have a job to drive to.

Link: OPEC Unity Tested by Low Prices, Oil Glut

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Iran Wins Another Round With Delay

Ten years and counting. Learning from recent history, when it comes to their nuclear program, Iran knows that this administration is all bark and no bite. The deadline for compliance has come and gone. The solution? Instead of shutting down centrifuges, they have six more months of full-steam ahead development and production. Oh, and the monthly dole-outs of $700 million in frozen funds that began under the temporary nuclear deal agreed on late last year that led to the present talks, continue.

Link: Iran nuclear talks stumble, extended until July

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So How’s It Going?

Iraq is falling to pieces, again. ISIS and al-Qaeda are growing. Beheadings have become common and, a new normal. Russia is occupying. The Commander-in-Chief cuts military budgets and personnel while expanding their role. After withdrawing troops from Afghanistan, now that the mid-term elections are over, President Obama is sending the new smaller military back. Third Secretary of Defense in six years resigns. Iran continues to ignore the world in rolling back their nuclear weapons program.  China is eating our lunch. No one wants to eat Michelle Obama’s lunch. Not her lunch, the lunch she wants your kids to eat. The economy on Main St. is treading water. Long-term unemployment is growing. Average family income is falling. The “no-energy” energy policy is increasing energy cost. The Affordable Care Act fraud exposed. And cities are burning.

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Keystone XL Show In Louisiana

In the news, and not in the news, comes the media’s version of Senator Mary Landrieu’s (D-LA) push in Washington to advance the Keystone XL pipeline project. A project that has met all the required tests and gone through all the hoops put before it by the Obama administration. Except for getting the president to sign off on it.

Legislation to approve the controversial Keystone XL oil pipeline began racing through the U.S. Congress on Wednesday as Democrats and Republicans appeared to be coming together in a challenge of President Barack Obama’s oversight of the project.

What is NOT in the news about this move is why now? “Why now” is, Senator Mary Landrieu (D-LA) is facing a runoff election for her seat on Dec. 6, and is in danger of losing it to Rep. Bill Cassidy (R-LA). In response to Landrieu’s action, Cassidy proposed an almost identical bill in the House. The media’s sleight-of-hand is their interpretation, that the two houses of congress are now “working together,” in the aftermath of the mid-terms where Democrats took another pounding.

The timing has nothing to do with congress working together on this subject. There is, and has always been, bi-partisan support for the XL-pipeline. The people want energy independence. Big Labor wants the jobs that it would create. But all that support is not enough for the president to face down the environmentalist lobby that is against it. Landrieu’s move now is just to try and save her job. Her motivation is just too transparent for the media to notice. They wouldn’t be providing the needed cover for Landrieu if they did.

Link: Keystone pipeline approval bills advance in Congress | Reuters.

Communist Environmentalist News

According to the United Nations (aka Useless Nations), the end is near, it’s our fault, and we’re all going to die. Well, only one thing there is certain.

From the AP:

Climate change is happening, it’s almost entirely man’s fault and limiting its impacts may require reducing greenhouse gas emissions to zero this century, the U.N.’s panel on climate science said Sunday.

Here’s the plan.

  1. Everyone who has anything to do with the United Nations and the IPCC must not exhale for the next 24 hours.
  2. Continue to monitor the weather and take up the matter again in 2214.

Link: UN climate report offers stark warnings, hope

Update: 11/3/2014 Are you suffering from CD? There is help for Climate Depression. Take one of these.

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Presidential Paralysis Cost Private Sector Billions

TransCanada has waited more than six years for the Obama administration to make a decision on the line, which would take as much as 830,000 barrels per keystone-xl-mapday of Alberta tar sands crude to refineries on Texas’ Gulf Coast.

The delay has pushed up the cost of the line, which would run from Hardisty, Alberta, to near Houston. The company said last month that Keystone XL’s original $5.4 billion estimate is likely half of what it will now cost to build the pipeline.

Trying to make the delay look like an abundance of caution is causing Canada to look for a route to a port of their own. Secretary Kerry’s visit there is nothing more than the optics of giving the impression that the U.S. might actually want the XL pipeline. The real, and only, reason the administration is dragging its feet is because of the environmental lobby. You know, the lobbyists that then Senator Obama said would not be a part of his administration or decision-making. Because they are the only ones that are against it, it is clear that the administration values their campaign money more than the nation’s economy, security, and energy independence.

The delay is really a twofer for the president. Increasing cost on the energy sector is (in his mind) a good thing. Anything that increases the cost of fossil fuel energy is a good thing where Obama’s ideology lives. That the cost increase is not falling on taxpayers’ shoulders, but on the private sector, is the other “good” thing.

Link: Kerry wants Keystone pipeline decision ‘sooner rather than later’

World To Obama, Ease U.S. Oil Export Ban

Mmm, lub me some ultra-light, sweet crude.

President Obama is facing growing international pressure to ease the long-standing ban on crude oil and natural gas exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas.

10 Most Expensive Avg Gas Prices-7-28
It was $1.84 per gallon in January 2009.

Never ceases to amaze me how the president must be drug screaming and kicking to the oil independence table that will create high-paying jobs (mostly union jobs), lower the cost of fuel, food, and transportation, stimulate the economy, as well as the family incomes that have been falling ever since his “recovery” began.

If the president had any balls at all, he’d be the first one calling for this. More than any sanctions he could muster against Putin’s Russia, having the ability to lower the price of crude worldwide would be the most effective pressure he could put on Putin because Russia’s economy is totally driven by oil and natural gas.

It should be a no-brainer. Americans, Europeans, Asians would all benefit from increased availability and lower energy cost. Then again, we’re dealing with Barack Obama and the greenies.

Link: Exclusive: From Seoul to Mexico City, pressure mounts to ease U.S. oil export ban

Obama By-Passing Congress Again

Refusing to take no for an answer, Obama (not The White House, but Obama) is by-passing the Democrat-controlled Senate on a Useless Nations climate agreement.

King Obama is engineering a UN Climate Accord without Congress. As the media and Democrats in Congress marvel as the lawless Obama administration goes from “deeming” bills passed (ACA) to announcing at a SOTU speech that he’ll go around Congress, and now doing a retroactive re-write of an existing 1992 treaty instead of asking Congress again. Really?

Link: Obama Pursuing Climate Accord in Lieu of Treaty

Economy Shrinking, Not Bush’s Fault

Amid the news that the GDP is shrinking it will be amusing to hear President Obama spin this into his recovery. No one in his media will dare ask him that question, so never mind.

Meanwhile, Cap and Trade having been repeatedly defeated in Congress (you know, the Constitutional way), President Obama is moving on to Plan B. National Community Organizer that he is, he is using regulatory agencies (all of whom should have their regulatory authority stripped) to do what Congress would not. Flipping the Bird to you, Congress, and the Founding Fathers. The effects of which is represented in this info graphic below.

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Link: Economy Shrinks in First Quarter of 2014: GDP Revised to -1 Percent | Obama Is Bypassing Congress Again. This Time It’s Going to Cost You.

Caracas Burning, Army Sent In, Maduro Blames U.S.

Venezuelan President Nicolás Maduro says “fascist” forces financed from the United States were plotting against his government. Probably has caracas-burning_unrestnothing to do with corrupt elections and election campaigns, seizing media outlets that print or say anything against him or his party, empty shelves in stores, high crime and unemployment. It other words, the failing of another socialist/communist state.

Maduro ordered the arrest of a top opposition leader and a former military chief as he claimed “fascist” forces financed from the United States were plotting against his government.

Here’s the plan President Nicolás Maduro should follow. Stop selling oil to the United States. Immediately. He can do that. He owns the oil industry. But Maduro needs our money. So Plan B is for the U.S. to stop buying Venezuelan oil. We don’t need their oil. We have access to plenty of our own. It’s time to turn the tables and use our oil to our advantage. Not Venezuela, not Saudi Arabia, or anywhere else besides home.

Link: Army sent in to Venezuelan cities as unrest prompts coup warning