I will lift the restrictions on the production of American energy, which is getting clobbered with the EPA, and by the way, and with the restrictions - including shale, oil, natural gas, and clean coal. We are putting our miners back to work.
I have come to believe that extracting natural gas from shale using the newish technique called hydrofracking is the environmental issue of our time. And I think you should, too.
Wind back the tape of life to the early days of the Burgess Shale; let it play again from an identical starting point, and the chance becomes vanishingly small that anything like human intelligence would grace the replay.
Why are oil prices so low? First, energy consumption growth rates in developing markets have decreased. This is particularly noticeable in China. Second, new technologies are being developed and the shale gas revolution in the USA has taken place
Shale gas has provided the United States the opportunity to have 100 years of supply that is domestically produced. If we are going to develop natural gas from shale, it has to be done in a safe and responsible manner.
Shale gas, if left to flourish, could create several hundred thousand more jobs.
Colorado's collective shale deposits contain somewhere in the neighborhood of 1 trillion barrels of oil. That's almost as much as the entire world's proven oil reserves!
