LETTER TO THE EDITOR: Choosing cash-wasters over proven energy

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Thank you, Robert Knight, for succinctly characterizing President Obama’s domestic energy agenda ( “Obama’s bullying pulpit,” Web, April 6).

When it comes to making the most of our vast oil, gas and coal supplies, President Obama is indeed the bully in the lunch line, forcing American consumers and job creators to hand over our proverbial sandwich money so he can invest it in more “green energy” boondoggles.

In recent months, Mr. Obama has made much of his administration’s supposed commitment to an “all-of-the-above” energy strategy. But what he means by this is a commitment to pouring taxpayer funds into the black hole of Solyndra-style Chapter 11 filings. Recently, another solar company, Solar Trust of America LLC, filed for bankruptcy despite receiving more than $2 billion in conditional taxpayer-backed loan guarantees from the Obama administration just a year ago.

If Mr. Obama were truly committed to developing the resources we have right under our noses, he would put the kibosh on ruinous, looming Environmental Protection Agency regulations and finally open more federal land to energy development. Not only would that provide us with less costly energy in the long term, but it would give jobs to the millions of unemployed Americans. Free-market-based energy policies have the potential to create an additional 1.4 million jobs by 2030, according to analysis done the by consulting firm Wood Mackenzie.

The path is clear, Mr. Obama. It’s time you and your administration got on it.


President, Institute for Energy Research


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