The last few weeks have been rough for certain forms of traditional energy that President Obama has opposed. While campaigning, he lashed out against coal and offshore oil drilling. And of late, we’ve had two fatal mining accidents and an oil platform destroyed.
Some conspiracy-minded folks might find it quite a coincidence that these three seemingly-unrelated disasters should all happen so close together, and speculate about an underlying connection — much like how both the feds and New York state are both looking at Goldman Sachs (who had the audacity to NOT fall apart during the last financial meltdown and come crawling for a government bailout) while the Democrats are pushing their so-called “financial reform” bill.
I’m not one of those. Sometimes, coincidences happen — even when politics is involved. I firmly believe that these three disasters were accidents.
However, that doesn’t mean I don’t have concerns.
After all, this is the administration that lives by the motto “never let a crisis go to waste.”
I fully expect that the Obama administration will use these events to lead a push for “reforms” in the energy business that will cripple the coal and offshore drilling industries. Remember, when Obama was campaigning, he said this about coal energy:
“So if somebody wants to build a coal-powered plant, they can. It’s just that it will bankrupt them, because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted.”
I’d like to think that, like so many of Obama’s other promises, this one has an expiration date, like his statement on offshore drilling:
“And when I am president, I will keep the moratorium in place and prevent oil companies from drilling off Florida’s coasts. That’s how we can protect our coasts and still make the investments that will reduce our dependence on foreign oil and bring down gas prices for good.”
Of course, that one he didn’t really retreat on. His “flip-flop” was to authorize a study on whether to allow preliminary exploration in certain areas, while reasserting the ban in far more areas.
However, counting on Obama to break a promise is a very, very slender reed to depend on. You never know when the SOB might go off and actually keep one, just to screw us over.
It would be a good idea, though, to get ready for a push against coal mining and offshore oil drilling. Given the statements and past deeds of the Obama administration — their words and deeds — it’s almost inevitable.