The Climate Bill-Cap and Trade
I have received several messages from members who oppose the current Climate Bill that’s now before the Senate. Some have asked me to broadcast a message to all members encouraging them to call their Senator, others have asked that I post the information on the main page of the site. I have done neither but encourage each of you to come to your own conclusions on this important legislation and act accordingly.
My opinions are that the Climate Bill is a tax in disguise on all Americans-It will be the largest tax increase in my lifetime and I am told the largest ever. It is also a very unfair tax, as the majority of the burden will be cast upon working class Americans.
All the costs of carbon emissions will be passed on to consumers, from the gas you burn to get to the rig, the fuel for your camping lantern, the gas for your 4 wheeler-if the climate bill passes ,anything that requires energy to make or operate is going to get more expensive.
What does this mean to you and I?
Well, first of it means we pay more for everything we purchase or operate. In America, 50% of our electricity is generated by burning coal, the dirtiest of fossil fuels. Natural gas currently accounts for 30% of electrical generation in this country & is the cleanest burning of our fossil fuels No matter how many propellers the Democrats want to dot the American countryside with, the majority of our electrical generation needs will be met with fossil fuels. The sun does not always shine and the wind does not always blow and I don’t know anyone, Democrat or Republican , that’s going to sit in the dark and wait on it.
I can remember several times up until last July, at the gas pumps, spending $70 to fill up and thinking to myself that I am fortunate to be a Driller, fortunate to make the wage I did so that I could even afford to fill up, while I wondered how others that made much less, were getting by! As long as natural gas was @ $13 and gasoline @ $4 I knew I would have a job to afford these expenses
That is how I am looking at this Cap and Trade Climate Bill. It’s going to hurt in the short term to all of us and continue to hurt many in the long term as well. But what does it mean to me as an oilfield hand? Well, it means that some of that 50% of electricity that is currently generated by burning coal will be switched to cleaner burning natural gas. Increased natural gas use means job security to me and allows me to take care of my family.
We all know we are sitting on an ocean of natural gas that was once unrecoverable. We all know Solar/Wind cannot meet this nation’s energy needs .We know natural gas is cleaner than both coal and oil. Without doubt , under the Climate Bill, the consumption of natural gas in this country is about to increase-Despite Obama-nomic’s attempts to bankrupt the industry.
The Bill, as sent to the Senate has no chance of passing in its present form. The votes to pass it are not there. For passage ,the bill will need the support of several mid-western Senators. Here in Oklahoma, one of those Senators has just co-authored a bill to increase CNG use as a transportation fuel. I plan to contact him and say look, ”These greenies need your vote to pass this Climate Bill-if you have to support it please make sure that it contains provisions to convert our transportation fuel to natural gas”
Each of us has to make these decisions for ourselves ,our families and our country.
Is this climate bill going to be good for America? I say no. is it going to be good for those of us that make a living drilling for natural gas? In the long term, I believe it will. It will be interesting to see what changes are made to the bill before being voted on in the Senate, but I feel the changes will be radical.
I encourage each of you to decide for yourselves what’s right for you and lend your support in that direction
How do I contact my elected officals?