tag:blogger.com,1999:blog-8854354369443145645.post6817917530501324588..comments2023-06-15T01:52:26.266-07:00Comments on OGJ Washington Pulse Blog: Obama throws down the gauntletPennwell Blogs Administratorhttp://www.blogger.com/profile/15757232455847950283noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8854354369443145645.post-42745160751249219302011-01-31T11:16:02.046-08:002011-01-31T11:16:02.046-08:00It is definitely true that the Presidents request ...It is definitely true that the Presidents request and noted direction to end the oil and gas sector is going to be a fight.<br /><br />Renewables and clean energy are absolutely an imperative part of our energy and economic future. But we should not sacrifice current jobs and hinder an entire industry that is so needed in our current economy. Simply put "clean energy and renewables are good things, killing jobs and an entire industry is bad".<br /> <br />With President Obamas remarks about the subsidies and taxes I am not sure I agree. I don't see how it is a good thing in our economy to put additional taxes on oil and gas companies, which will just raise the prices, when we are already seeing prices rising. This is a time to cultivate our domestic resources and encourage growth, not add new economically stifling taxes and policies. I have had the chance to talk with Dr. Joseph Mason, and several of his colleagues, and his recent study shows the resulting fallout over the next ten years would include:<br /> <br />· Initial losses of over 154,000 jobs in 2011 alone;<br />· More than $341 billion in lost U.S. economic output; and<br />· In excess of $68 billion in lost wages nationwide.Concernednoreply@blogger.com