PrintFebruary 11, 2010
Our National No-Energy Policy
Economically sensible states including Texas, Louisiana, and Pennsylvania are developing their enormous, non-traditional, "tight" natural gas reserves. In the process, they are transforming America's energy profile for the next half-century in the face of a federal government indifferent at best to this energy revolution.In Texas, drillers have become so adept at safely extracting natural gas from shale that wells are often located in suburban subdivisions. In Louisiana, formerly impoverished residents of northwestern counties are now millionaires thanks to exploration leases and production royalties. And in western Pennsylvania, old steel towns have been reinvigorated by natural gas, as well as by the shops and restaurants that follow industrial development. In these places, a high school graduate can complete an extensive ninety-day course in wellhead techniques and earn $50K per year upon graduation. And then there are states like New York, which, though heavily in debt...(Read Full Article)
