Obama Enacting Even More New Regs to Destroy US Energy Production

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By Stephen Moore. Recently the Environmental Protection Agency (EPA) announced major new regulations on the emissions of methane into the air from oil and gas production. It calls methane a “potent” pollutant and its new rules would require a 45 percent reduction by 2025 from 2012 levels. Most Americans support these new rules, according to polling from environmental groups. This isn’t surprising. Methane sounds like a dirty and dangerous pollutant and even deadly if leaked into water or the air.

However, methane is just another term for the main component of natural gas. Drillers have a powerful motive to stop leakage on their own, because they want to sell it, not spill it.


How much of a menace is methane from the oil and gas industry? The amount of leakage into the atmosphere is minuscule, says Dan Kish of the Energy Research Institute. “Cows emit more methane when they pass gas than the natural gas industry,” he notes. Look for the EPA to start regulating cattle.

Green groups such as the Environmental Defense Fund warn that emissions will increase through 2018 and have been claiming that drillers spew more methane into the atmosphere than ever before, that it is “84 times more potent” a pollutant than carbon dioxide, and new regulations are overdue. (Read more about EPA’s newest strategy to restrict drilling HERE)

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Experts: $5 Gas on the Way

By Kate Scanlon. You might want to consider filling up your tanks, America. One expert is warning $5 per gallon gas is on its way.

John Hofmeister, the former president of Shell Oil, warns that we should “[e]njoy the price, because it’s going to go back up.”

“The next round of high prices is likely to start later this year, as crude rebounds to the $80s and $90s, perhaps pushing to the $100 level by late in the year or early next,” Hofmeister told USA Today.

Prices per barrel as high as Hofmeister projects would mean a significant hike in the price you pay at the pump. (Read more about how Obama is trying to destroy US energy production HERE)



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TRUMP:  Trump To Give ‘Start Your Engines’ Command At Dayton

President Donald Trump will give the command for drivers to start their engines before the Daytona 500.

Daytona International Speedway officials named Trump the grand marshal for NASCAR’s season opener, meaning he will deliver the most famous four words in auto racing. “Gentleman, start your engines,” has been a staple of races around the country and world for decades.

White House spokesman Judd Deere said Thursday the president plans to attend the race. Track president Chip Wile confirmed the news in a release.

“Daytona International Speedway has been privileged to have hosted several sitting presidents of the United States over our history,” Wile said. “We’re honored that the president of the United States has chosen to experience the pageantry and excitement of ‘The Great American Race.’”

Trump is the third sitting president to attend a race at Daytona, but only the second to attend the Daytona 500. George W. Bush attended in 2004. Trump is the first to be given an honorary role in pre-race ceremonies.

Trump is scheduled to spend part of the Presidents Day weekend at his private club in Palm Beach, Florida.

The Federal Aviation Administration issued a flight restriction for Sunday and the U.S. Secret Service, which is responsible for presidential security, also tweeted to fans that drones are prohibited within 30 miles of the race in Daytona Beach — a restriction put in place for presidential visits.

Trump has hosted previous NASCAR champions at the White House and last October awarded the Presidential Medal of Freedom to motorsports titan Roger Penske. Last year, Trump also praised retired driver Mario Andretti, the Daytona 500 winner in 1967, reminiscing about a ride Andretti gave him in a race car for his reality show “The Apprentice.”

“I said, ‘Mario, get me out of here. I want to get out of this car,’” Trump recalled. “We went so fast. We literally — we covered four blocks in like a second.”

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