EIN News says, "U.S. Supercommittee Should Boost Oil Drilling, Chevron CEO Says The CEO of oil giant Chevron Corp. said Wednesday that the bipartisan deficit supercommittee should expand U.S. oil-and-gas leasing, joining a senior House Republican in urging the panel to wade into energy policy when it meets this fall. (thehill.com)".
Well! Not only do we have a CEO with the right answer but one who also has the guts to say so.
Expanding US oil and gas leasing will lead to more drilling. This makes drilling jobs.
More drilling makes more oil and requires more employees to refine and transport it.
The increased oil supply reduces the price per gallon of gasoline and diesel fuel. This allows manufacturing companies to use more energy in their production operations, which will then require more employees.
This is a win-win situation, except for the Communist inclined US federal government, which wants pie-in-the-sky wind energy, solar energy, tidal energy and maybe even harvesting the energy of cows chewing their cud.
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