Tuesday, October 9, 2012

Ryan says Romney will approve Canada pipeline on Day One, tells Ohio crowd it will help create jobs and focus our development of energy resources in North America rather than the Middle East

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10/8/12, "Ryan says Romney will approve pipeline on Day One, tells Ohio crowd it will create jobs," AP via Washington Post

Swanton, Ohio, "Mitt Romney’s administration on Day One would approve a pipeline that would run from Canada to U.S. refineries in Texas, creating thousands of jobs and pushing America on its way to energy independence, Republican vice presidential candidate Paul Ryan said Monday.

Ryan told supporters during his third trip to swing state Ohio in the last two weeks that there are enough energy resources for North America to become energy independent within eight years."...  
[Ed. note: That's confirmed in this article,  8/9/12, "The next oil revolution - and its impact," Reuters]

(continuing): "“We need to unlock the energy we have in this country to create jobs,” he said. Ryan blamed President Barack Obama for standing in the way of the Keystone XL pipeline and pushing too many environmental regulations that have cost jobs in the coal industry, a thorny issue for the president in southeast Ohio, where coal has a large footprint. He said similar control by Washington has hampered manufacturing growth throughout the Midwest, including Michigan and his home state of Wisconsin.

Obama earlier this year objected to the Keystone XL pipeline’s proposed 1,179-mile route over environmental concerns, suggesting that the pipeline should go around a sensitive aquifer in Nebraska. But Obama encouraged the company to pursue a shorter project from Oklahoma to the Gulf Coast.

Approving the entire pipeline would get people back to work in construction and factories, Ryan said.

The Wisconsin congressman said coming up with new energy sources, improving job training programs and removing bureaucratic barriers will go a long way in helping Ohio, Michigan and other industrial states that have lost jobs over the last four years. He told supporters at a late-afternoon private fundraiser in the Detroit suburb of Pontiac that pro-growth, anti-regulation policies of a Romney administration would also improve the fortunes of the manufacturing industry, which has lost hundreds of thousands of jobs during the past few years.

“We know a very healthy auto economy is healthy for America,” he said.

Ryan capped a campaign swing through Michigan with a raucous rally at nearby Oakland University in the school’s athletic center. He was preceded by many speakers, including GOP U.S. Senate candidate Pete Hoekstra, who aims to unseat Democrat Debbie Stabenow, and made-in-Michigan musician Kid Rock, who has been strumming for the Romney ticket.

I’m very proud to say that we have elected our first black president,” Rock said to scant applause as he introduced Ryan. “I’m sorry he didn’t do a better job. I really wish that he would have, I really do.”

Ryan said he’s concerned that U.S. allies are seeing “a superpower in retreat” when it comes to foreign as well as domestic policies. He said that under the Obama administration, there has been more borrowing, spending, money-printing and taxing.

“It doesn’t create more jobs, it does not create more prosperity,” he said. “We’ve got to get off the path of copying European policies.”" via Free Republic


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Ed. note: Vetoing friendly neighbor Canada's pipeline was chicken feed. The US had reduced its dependence on Saudi oil but under Obama that's suddenly reversed

US need for foreign oil has dropped: "Net imports of oil are falling sharply. It's obviously not in our interest to be locked into a dependency of any kind with the middle east. Yet Obama policies have forced us to sharply increase Saudi imports (see chart below). The story was mentioned in August by the NY Times but in sympathetic tones for Obama: "The jump in Saudi oil production has been welcomed by Washington and European governments." (The Times rushes to protect Obama from any suggestion that he favors Saudis as was said 24/7 about George Bush):

"The United States has had a political alliance with the Saudi leadership that has lasted for decades."... 

8/16/12, "U.S. Reliance on Oil From Saudi Arabia Is Growing Again," NY Times, C. Krauss

"The increase in Saudi oil exports to the United States began slowly last summer and has picked up pace this year. Until then, the United States had decreased its dependence on foreign oil and from the Gulf in particular....

 

“At a time when there is a rising chance of either a nuclear Iran or an Israeli strike on Iran’s nuclear facilities, we should be trying to reduce our reliance on oil going through the Strait of Hormuz and not increasing it,” said Michael Makovsky, a former Defense Department official.... Senior Iranian officials have repeatedly threatened to close the Strait of Hormuz, the narrow neck through which most Gulf oil is shipped, and the Iranian navy has held maneuvers to back up the threats."...



Graphs from NY Times, 8/16/12, "Turning to the Middle East," source: EIA


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8/28/12, "Obama Policies Making US More Dependent on Persian Gulf Oil," InstituteForEnergyResearch.com

"Oil imports from the Persian Gulf have increased significantly this year due to decreased oil production from the federal waters off the Gulf of Mexico, declining production of crude oil in Mexico and Venezuela, lack of pipelines to import more Canadian oil, and the configuration of Gulf Coast refineries to process heavy crude oils. The Obama Administration seems to be untroubled by this direction since it feels it can use the Strategic Petroleum Reserve in the event of a crisis."...


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"Net imports of oil are falling sharply

2/15/12, "U.S. May Achieve Energy Independence This Decade, Citigroup Says," Bloomberg, Aaron Clark

"The U.S. may achieve energy independence this decade because of growing North American oil production from shale formations, according to Citigroup Inc.." ...


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"Four countries will lead the coming oil boom: Iraq, the United States, Canada and Brazil."...What both common sense and expert consensus assure us to be true very often isn't." The 'America is on the decline' rap is also canceled.

8/9/12, "The next oil revolution - and its impact," Reuters, Chrystia Freeland

"Forget America's fiscal cliff, Europe's currency troubles or the emerging-markets slowdown. The most important story in the global economy today may well be some good news that isn't yet making as many headlines - the coming surge in oil production around the world. Until very recently, our collective assumption was that oil was running out....The coming surge in oil production, particularly from North America, will transform that geopolitical equation."...


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1/4/12, "Oil Companies Big Winners as U.S. Becomes Net Exporter of Fuel," Money Morning 

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Gas price was $1.79 when Obama was inaugurated, January 20, 2009. (Rated true by Politifact.) It's $3.80 on 9/27/12.

The average price for a gallon of gas in 2005 was $2.30 and Bush was blamed. Why isn't Obama?:


4/27/2005, "Bush fails to persuade Saudis to cut oil price," by Michael Gawenda, Sydney Morning Herald Correspondent in Washington

 
"With US petrol prices up almost 25 per cent in six months and with polls showing that Americans blame the Bush Administration for these price increases, Mr Bush said oil was top of the agenda at his meeting with Prince Abdullah."...
Reuters reports gas prices don't matter under Obama and won't matter to voters. To make sure you get their message, Reuters has a big picture of a voter going into a polling place to vote for Obama in 2008:

8/22/12, "Rising gas prices not a big concern for voters,"
Reuters, John Whitesides



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