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Westport Innovations Inc. Message Board

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  • flashopportunity flashopportunity Feb 29, 2012 1:20 PM Flag

    Oil versus nat gas

    <<Well Daniels didnt elaborate because its not true. >>

    Governor Daniels didn't elaborate because the moderator didn't ask him to elaborate. Daniels is a former OMB director and knows his numbers like no other. He runs the most cost effective state government in the nation imo.

    Oil and gas production is up, but no thanks to Obama. It is up because of oil and gas activity on state lands and private lands, and due to lease and permits that were granted in previous administrations. The Obama has been slow walking leasing and permitting activity on Federal land and water.

    The American Petroleum Institute (API) sent a letter to Obama last September concerning what they could contribute to the economy if the Federal government were to loosen its restrictions on domestic oil and gas production:

    http://money.cnn.com/2011/09/07/news/eco...

    1. 1.4 million new jobs.
    2. Boost tax rolls by $800 billion dollars.
    3. Increase domestic energy production by 50%.

    http://money.cnn.com/2011/09/07/news/economy/oil_jobs/index.htm?source=yahoo_quote

 
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