tag:blogger.com,1999:blog-6199410.post7196812504170464361..comments2023-12-27T08:02:59.927-05:00Comments on Energy Outlook: Candidates & Energy 2012: ObamaGeoffrey Styleshttp://www.blogger.com/profile/18047970229068397492noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6199410.post-55512952179728462432012-09-30T09:18:16.052-04:002012-09-30T09:18:16.052-04:00Geoff,
I suspect most of us, yourself included, a...Geoff,<br /><br />I suspect most of us, yourself included, are actually pretty certain about President Obama's likely energy policy in a second term. However, those of us in a position to make major investment in new energy facilities are not certain enough to make those investments. <br /><br />I would not invest in a new coal-fired electric generation facility or a new coal mine, or even in expansion of rail facilities to move coal to market. EPA is far from done with coal, if President Obama is re-elected. I also would not make major investments in shale gas wells, or gas-fired electric generation, or gas pipeline capacity to move the gas to market, since EPA has not yet announced how it will regulate fracking to frustrate shale gas production. I also would avoid massive new investments in tar sands production and the pipeline capacity to move the oil to market.<br /><br />Nature abhors a vacuum. The Obama Administration, however, appears to wish to exist in a vacuum. Energy investment will remain feeble until the risks of adverse legislation and regulation are more clearly understood. Attempts to destroy existing energy investment, however, will proceed vigorously. <br /><br />Oh thrill, oh joy!Ed Reidnoreply@blogger.com