It
takes “The Economist” looking in from the outside to recognize
the green shoots here in the States. Oil & gas production is
creating jobs and opportunity while making us independent of the oil
despots. This energy reversal came about with the active and total
resistance in every fiber in the being of the former Energy
Department head and Nobel Laureate Dr. Chu. President Obama now proposes a two
billion dollar Michigan boondoggle to reduce fuel consumption while
Ford independently develops an engine so light that they shipped the
engine block in regular check in luggage. with no over weight
penalty, for the trip to the Los Angeles motor show. Political
dysfunction and empty government coffers hopefully will starve the government initiative and let the private sector come up with the economic solution. Bring it on Grover.
On
the other side of the coin I see dire times for the crony capitalist
in China and the energy despots of Russia, the Middle East, and
Venezuela.
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