Obama and The Sierra Club have done everything possible to stop the development of jobs, cheaper fuels, and industrial growth by blocking the XL Pipeline and any other plan to unlock America's huge Oil, Gas and Coal resources.
After a Maryland judge issued it's ruling, the Sierra Club issued a statement saying it was disappointed by the ruling and reviewing the decision.
"We will continue to work to protect the Chesapeake Bay and the surrounding region from the dangerous pollution that would result from Dominion's unwise plans to frack and export natural gas," said Craig Segall, a Sierra Club attorney.
Read more: http://www.foxnews.com/politics/2013/01/05/judge-sides-with-dominion-resources-in-lng-dispute/#ixzz2MIDgCq6u
Please educate yourself on the current/future energy outlook in the U.S. U.S. will be the largest producer of oil and natural gas in the world within 5-7 years. With Natural gas prices in the U.S. at
$ 4....and prices elsewhere throughout the world at $14 - $16, What do you think that U.S. companies will look to do?!? Natural Gas is bein "flared off" (burned to the atmoshphere) in North Dakota because there are no pipelines to get it to market! Millions of $$ a day burining up to the atmosphere! The U.S. has more oil and natural gas than it needs......so companies are going to look to make $$$ by exporting it. Figure this one out.....the U.S. gov't. prohibits the exporting of Natural Gas (except for Cheniere) but liquids made from "wet" natural gas like propane, butane and others can be freely exported today. There is an infrastructure issue getting these to market.
Sentiment: Strong Buy
use it or lose it.
The drillers will stop natural gas production if we don't figure out how to use enough to keep up a profitable price for all consumers and producers alike.
Fact in point look at the performance of any of the natgas drillers that are not diversified or do not have strong hedging programs.
"We owe the world nothing"
are you stupid ? The US Trade Deficit is only around 38 billion.
We owe American citizens the opportunity of jobs and growth of our economy by developing the huge resources that have recently been discovered.
"it is poor public policy to export any natural resource"
may be in the running for top 10 STUPID comment of the year for these message boards.