Tuesday, May 3, 2016

Hillary Blames Fracking For ‘Tragedy’ In Coal Country…

Weasel Zippers

Hillary Fracking

"Nothing to do with Obama’s policies.
Democratic presidential front-runner Hillary Clinton on Monday blamed natural gas and fracking for the “tragedy” being experienced in coal country.
“It is a complicated problem,” Clinton said. “Some people want to make it all political, but there are market forces, there are global challenges, there’s also the upswing in fracking … which has proved to be a very serious competitor to coal.”
Clinton made the comments while touring through Kentucky, and later West Virginia, as part of a tour to demonstrate her plans for revitalizing Appalachia ahead of primary elections there later this month. Thousands of jobs have been lost by the coal industry in the last year, with a number of companies filing for bankruptcy protection in the Mountaineer State alone.
The shale boom has dramatically increased natural gas supplies, making the U.S. one of the largest oil and gas producers in the world. The increased supply has caused the price of natural gas to drop dramatically, causing more utilities to switch from using coal to using more natural gas to supply the nation’s electricity.[…]
She is using the stops to emphasize her plan to create a $30 billion “Marshall Plan” to revitalize and bring jobs to the region, making the comparison between helping coal country and rebuilding Germany after World War II.
Full article here.

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