The John Batchelor Show

VIDEO: GOP 'Cool'

April 25, 2016

Tuesday    2016   / Hour 1, Block B:  Steve Moore, in re: Committee to Unleash Prosperity dinner last night: T Boone Pickens spoke.  US is ‘way ahead of the rest of the world in energy potential; need to release energy business from excessive restrictions. In five years we could be an energy-independent country for the first time in half a century, Dems want windmills and solar power – good for small patches of the country, but we  have so much natgas and oil; Mrs Clinton ahs sworn to kill gas, oil and coal, incl fracking. John Catsimatidis : oil will go to $50 Bbl; TBP says $60.  Fracking breakeven in $23 bbl.   It takes only 6 to 9 months for fracking to come back . The US has no, zero, energy policy – so we can't contend with our adversaries or working with Canada or Mexico (which latter can't dvp its  own wells).    Mr Obama wd not have been re-elected without the oil boom that brought him in on a good economy.  He does hat fossil fuels.  People speak of a mfring revival in the US – must center on energy: need pipelines esp East-West, and refineries. Get gasoline to the Northeast.    Last winter was cold, and New England had to import natgas from other countries because we couldn't bring in our own without a pipeline,  Btw, pipelines are safer than land transport Buffet wants the railroads to transport - $15 Bbl, as compared to $2 by sea.  This is probably our last chance – we won’t revive steel. Energy is it: need to make pipes, lay ‘em in the ground.