From Dale at Mostly Cajun:
I worked for a company refurbishing a SONATRACH liquifaction plant that took that gas and liquified it and sold it to, among other places, the US, shipping it to the facility that sits behind my office, where we turn the liquid back into gas and pump it into the pipelines that spread that energy all over the country. When we were buying gas from overseas, it was thirteen bucks for a thousand cubic feet. Now it’s a bit over three. The reason for the difference is one word, ‘FRACKING’. Yeah, the same word that’s joining global warming as the word of the week for the envirowhacko movement. And make no bones about it, under the present regime, envirowhackos are at the highest levels of the government.
So let’s see if we can put a couple of things on the table: Our own government wants to shut down OUR gas production. No sweat, huh? We can still buy gas from overseas, right? AT five times the cost of what we can suck it out of the ground here. Since gas is the energy for electricity, heating, and a million other uses in modern life, prices across the board will go up. Oh, wait! That overseas gas? Under control of all manner of people that the obama regime seems to empower. OPEC? They’re one of the more stable and benign. And how’s OPEC gonna fare as one ‘stable’ government after another falls to the obama-endorsed ‘Arab Spring’?