Not just this but failure to embrace nat gas. I paraphrase Boone Pickens - When they look back on how cheap nat gas was and we did nothing about it, they will say that we were the stupidest people that ever walked on earth. He is talking about O'bama and company.
It is criminal but not unexpected considering the political, special interest, lobbying scenario. Ideologues like obama have a narrow tunnel vision clouded by politics. Hopefully he will go to the "jimmy carter" amateur hour Hall of Fame in Nov. I have owned nat gas plays for over 4 years (common sense) but play it safer with more pipelines/MLPs than drillers like chk, etc. Can't trust these politicos to do the right thing.