Job Creation in Green Energy Overstated

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When Obama was elected he could of turned this Nation around had he wanted to do so.For that was also  when they released the information that here in the USA was more oil then Saudi Arabia, we could of been in the process of getting out of debt and out of bondage to our enemies right when Obama was elected! But we elected the wrong man.Read on! They sent every Kenworth (9 trucks) we had here in Alaska to North Dakota and several drivers. They just bought two new Kenworth's to add to that fleet; one being a Tri Drive tractor and a new 65 ton lowboy to go with it. They also bought two new cranes (one crawler & one rubber tired) for that division.   Dave Cruz said they have moved more rigs in the last 6 months in NDthan Cruz Construction moved in Alaska in the last 6 years.Williston is like a gold rush town; they moved one of our 40 man campsdown there since there are no rooms available.Unemployment in ND is the lowest in the nation at 3.4 percent last Ichecked.See anything in the national news about how the oil industry is fuelingNorth Dakota 's economy?Here's an astonishing read. Important and verifiable information:About 6 months ago, the writer was watching a news program on oil andone of the Forbes Bros. was the guest.The host said to Forbes, "I am going to ask you a direct question and Iwould like a direct answer; how much oil does the U.S. have in the ground?"Forbes did not miss a beat, he said, "more than all the Middle East puttogether."The U. S.. Geological Service issued a report in April 2008 that onlyscientists and oil men knew was coming but man was it big.It was a revised report (hadn't been updated since 1995) on how muchoil was in this area of the western 2/3 of North Dakota , western South Dakota , and extreme eastern Montana .Check THIS out:The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe Bay, and has the potential to eliminate all American dependence on foreign oil.   The Energy Information Administration (EIA) estimatesit at 503 billion barrels. Even if just 10% of the oil is recoverable5 billion barrels, at $107 a barrel,we're looking at a resource base worth more than $5.3 trillion."When I first briefed legislators on this, you could practically seetheir jaws hit the floor.They had no idea." says Terry Johnson, the Montana Legislature'sfinancial analyst."This sizable find is now the highest-producing onshore oil field found in the past 56 years," reportsThe Pittsburgh Post Gazette.It's a formation known as the Williston Basin, but is more commonly referred to as the 'Bakken.'It stretches from Northern Montana, through North Dakota and into Canada .For years, U. S. oil exploration has been considered a dead end.Even the 'Big Oil' companies gave up searching for major oil wellsdecades ago.However, a recent technological breakthrough has opened up the Bakken'smassive reserves, and we now have access of up to 500 billion barrels. And because thisis light, sweet oil,those billions of barrels will cost Americans just $16 PER BARREL !!!!!!That's enough crude to fully fuel the American economy for 2041 yearsstraight.And if THAT didn't throw you on the floor, then this next one should -because it's from 2006 !!!!!!U.. S. Oil Discovery - Largest Reserve in the World Stansberry ReportOnline - 4/20/2006Hidden 1,000 feet beneath the surface of the Rocky Mountains lies thelargest untapped oil reserve in the world.It is more than 2 TRILLION barrels. On August 8, 2005 President Bushmandated its extraction.In three and a half years of high oil prices none has been extracted.With this mother lode of oil why are we still fighting over off-shoredrilling?They reported this stunning news:We have more oil inside our borders, than all the other proven reserveson earth.Here are the official estimates: 8 times as much oil as Saudi Arabia ,18 times as much oil as Iraq, 21 times as much oil as Kuwait , 22 times as much oil as Iran , 500times as much oil as Yemen and it's all right here in the Western United States !!!!!!HOW can this BE? HOW can we NOT BE extracting this? Because theenvironmentalists and others have blocked all efforts to help America become independent of foreignoil! Again, we are letting a small group of people dictate our lives and our economy. WHY?James Bartis, lead researcher with the study says we've got more oil inthis very compact area than the (entire Middle East ), more than 2 TRILLION barrels untapped.That's morethan all the proven oil reserves of crude oil in the world today, reports The Denver Post.Don't think 'OPEC' will drop its price even with this find? Thinkagain! It's all about the competitive marketplace, it has to.Think OPEC just might be funding the environmentalists?we are not better as a country because of Obama!

If Obama's lips are moving he's lying.

How can the president continue to make claims about an industry which still in its infancy has not yet reached economic viability. Considering that it's viability is tied so closely to fossil fuel prices going up and our eagerness to have them drop the only way this industry can continue is through investment, either private or public. The president should fire his current economic advisers, and start laying it on the line with the American people, we cant get to there( green energy economy) without first paying for the R&D that will make it viable. Along the road there will be many blind alleys and many false starts, but it aint going to happen without traveling down that road. But investment cannot only come from the public sector, there are enormous profits to be made here and those who will profit the most should be the ones risking the most. In our current energy state we have power companies, both those who generate and those who maintain the grid making unlimited profit with no risk, with no risk their profits should be limited, but it isn't, start there and perhaps the public in general would be willing to invest in green energy, but why should we today? In fact today it wouldnt be an investment it would merely be giving money to out current energy brokers with no return to us, not in dividends or lower bills.