Saturday, September 15, 2012

Romney Energy Plan - Good or Bad for America? - Part Two

On 22 August, the Republican campaign released its “The Romney Plan For A Stronger Middle Class: ENERGY INDEPENDENCE.”

Two of the white paper’s six sections are, “Empower states to control onshore energy development” and “Open offshore areas for energy development.”

The Romney white paper proposals, adopted should he become President, would end a century of federal control over oil and gas drilling and coal mining on government lands by transferring decision-making on drilling and mining federal lands to individual states. The policy stands in stark contrast to those of both previous Democratic and Republican presidents, dating back to Republican President Theodore Roosevelt, who more than a century ago first set aside vast areas of federal lands, mostly in the energy-rich Western states including New Mexico, Nevada, Utah, Colorado and Alaska, to preserve wildlife and open the tracts for recreation.

The federal government currently possesses roughly 28 percent of the 2.27 billion acres of land in the United States, but as of March, only about 37 million acres were under lease for oil and natural gas operations, of which about 16.3 million acres have active oil and natural gas production or exploration, according to the Interior Department.(“Statement of Anu K. Mittal, Director, Natural Resources and Environment, Federal Land Management, ‘Availability and Potential Reliability of Selected Data Elements at Five Agencies,’ Testimony

Before the Subcommittee on Energy and Mineral Resources, Committee on Natural Resources, House of Representatives, United States Government Accountability Office, 3 May 2012
@ http://naturalresources.house.gov/uploadedfiles/mittaltestimony05.03.12.pdf.

The enormity of this asset is not in doubt – the question before the American people is, who would be a better steward of this land for future generations, the federal government or private energy companies?

Read more: http://oilprice.com/Energy/Energy-General/Romney-Energy-Plan-Good-or-Bad-for-America-Part-Two.html

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