Don't know about you
, but I've anticipated the day that Obama would speak to the issue of shale gas and now he has.
"The two Presidents announced the launch of a new U.S.-China Shale Gas Resource Initiative. Under the Initiative, the U.S. and China will use experience gained in the United States to assess China’s shale gas potential, promote environmentally-sustainable development of shale gas resources, conduct joint technical studies to accelerate development of shale gas resources in China, and promote shale gas investment in China through the U.S.-China Oil and Gas Industry Forum, study tours, and workshops."
I find it interesting that the President is now the spokesman for private E&P firms in China, offering this technology up, as if Chesapeake or other firms couldn't sell the shale technology on their own. Of course, the government has delved into areas not seen since....maybe FDR, but I wasn't around then.
I think that this an opportunity to discuss why our government, our President isn't willing to broach topics like shale gas here in our own land, a land desperately in need of energy solutions. It appears to me that he is pushing premature energy sources while conceding sources such as nuclear and shale gas to our competitors, with the notion that "one nation's success shouldn't come at the expense of another nation." What?? I am so thankful that FDR and Truman didn't have this philosophy as they pursued the A-Bomb,
that NASA didn't have this philosophy when we put a man on the moon, that Reagan didn't have this when he asked Gorby to tear down this wall. AND I don't think we should have this when it comes to energy technology which essentially is national security in this day & age.
Another issue, ancillary. is that we used to use our technology to uphold democratic regimes. I would much rather assist Eastern Europe in easing their dependence on Soviet (oops Russian) gas. We have wedded ourselves, and supposedly enriched ourselves, with China. I think we are likely to pay for this at a later date as China becomes emboldened by a weaker US.