Crude Oil’s Coming Clash With Obama’s New Climate Policy

Mark Mills writes at Investor’s Business Daily:

President Obama’s speech at Georgetown University last week provided clarity, if there was ever any doubt, as to why the administration equivocates on approving the Keystone XL oil pipeline, heel-drags on permits for natural gas exports and restricts federal lands from hydrocarbon development.

The president is doubling-down on policies unfriendly (to put it politely) to hydrocarbons: coal, natural gas and oil.

Read more… At Investor’s Business Daily: http://news.investors.com/ibd-editorials-viewpoint/070213-662237-obama-doubles-down-against-hydrocarbons.htm#ixzz2XvfrVo00
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