1105: Fossil fuel remains the dominant energy for the next 30 years. Bernard Weinstein: @SMUCox
Image: Kelly Creek, West Virginia. Oil and gas wells Bernard Weinstein: @SMUCox; in re: The US is an energy superpower; we export to our customers. Oil an gas companies: worry that this one-year moratorium will go on. Federal lands account for 22% of US oil production, in some parts of the country, it's much higher. The moratorium doesn’t take gas engines off the road. As for Canada, it’ll ship more oil to its east and west coasts, and will send more into the US by tanker car, which is more expensive and dangerous. Comments to my article in TheHill show surprising naivete. Were it not for all the increased natgas in the US, we wouldn’t have seen the huge emission drops of the last decades. Huge potential economic and job losses. Biden killed the pipeline on his first day, and a week later he imposed his moratorium, you’d think that in the depths of this economic and health crisis, this would be on the back burner. Dan Yergin predicted today that there’ll be an increase in gas production. https://thehill.com/opinion/energy-environment/536305-the-biden-administration-needs-an-energy-reality-check (https://thehill.com/opinion/energy-environment/536305-the-biden-administration-needs-an-energy-reality-check)