Romney unveils energy policy

Plan relies heavily on oil, gas and coal

By Matthew Daly

The Associated Press

HOBBS, N.M. – Republican Mitt Romney pledged Thursday to ramp up offshore oil drilling and give states more control over energy production on federal land. He said his plans would make the U.S., along with Canada and Mexico, energy independent by 2020.

“This is not some pie in the sky kind of thing,” Romney told voters in Hobbs, the heart of New Mexico’s oil and gas industry. “This is a real achievable objective.”

The cornerstone of Romney’s plan is opening up more areas for offshore oil drilling, including in the mid-Atlantic, where it has been banned for more than 20 years. His plan would establish a new five-year leasing plan for offshore drilling, starting with the coasts of Virginia and North Carolina.

Romney also wants to give states the power to establish all forms of energy production on federal lands, a significant shift in current policy that could face strong opposition in Congress.

Continued:

Also:

New fuel cell can produce electricity from all kinds of waste/OilPrice.com

 

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August 2012
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