Reuters Predicts “Harsher Energy Regs” from Obama II
MDN took some abuse for our negative comments on the re-election of B.H. Obama (see this MDN article)—comments for which we make no apology. However, you may be interested to know one day after his re-election, none other than Reuters is predicting a rough road ahead for the domestic energy industry under Obama II. The article says, in so many words, the coal industry is screwed. And of course Obama will continue to flirt with so-called renewable energy. Elections have consequences folks.
Here’s what the article says about Obama’s “nuanced” approach on domestic oil and gas drilling: