Will All-Time Record US Energy Boom be Torpedoed by an Antagonist Administration?

By all provisional indicators, 2013 should emerge as the U.S. energy?s greatest year ever. Whether focusing on oil production, refining and transmission, liquid natural gas, infrastructural pipeline development, and even solar renewables, the American economy could get an energy lift off, rivaling that of any ever before seen.

Even expert climatological predictions call for only one degree Fahrenheit increase in global temperatures by 2100 due to the impact of human activity. The big question mark that could deter such a positive development is the intensity of anti-energy hostility professed, and already implemented, by former Environmental Protection Agency head Lisa Jackson. With 144 regulatory checks on such a promising energy outburst, ready to be announced with the emergence of President Barack Obama?s second term, and the incoming Congress seating, could be nipped in the bud by presidential fiat. Certainly, the continued blocking of direct to refinery destinations through a new Trans-Canada XL oil pipeline will send an early signal as to the extent of the White House?s block of energy expansion.

If this restriction expands into an all-time EPA offensive against even contemporary strong energy activity, the impact on the U.S. economy in general could be extremely negative. From an economic point of view, it could put a lid on any gross domestic product expansion, if not dipping it into a mild recession.

Massive employment opportunities, which could be greatly enhanced by the major infrastructural expansion of a national network of pipelines for oil and natural gas for power generation, as well as transportation, would be nipped in the bud.

With ?small businesses,? which utilize two-thirds of the nation?s employment potential threatening major new cuts, due to the federal government?s implied fiscal irresponsibility through new regulatory restraints and tax burdens, a darkening U.S. unemployment problem could become an unfortunate outcome of an adversarial anti-energy growth U.S. Administration position.

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