One of the lies that is being peddled of late is an alleged Obama “War on Coal”. This is repeated for natural gas and oil, as well. The idea is that massive over-regulation by our commienazisocialistkenyanmuslimchristianhawaiianohwhatthehellcallhimeverynameinthebookandseewhatsticks President is somehow dejobbing coal miners and well drillers, causing poverty, blight, and maybe even gum disease. There’s a little problem with this scenario, however: it is not true. Not even a little bit.
It is true that coal output is down, and mining jobs are being lost (in some parts of the country). But it has nothing to do with President Obama (or Bush, or any occupant of the Oval Office): it has to do with the free market. Here’s how it works:
Due to the lightly-regulated natural gas market, lots and lots of gas wells got drilled in the past few years. So many, in fact, that the price of natural gas is lower than a politician’s moral standards. So low that lots of power plants switched from coal to gas to save money and earn bigger profits. Less coal being burned means less coal needs mined, so fewer miners are needed. That is the free market at work, and the government had almost nothing to do with it.
Gas drilling jobs are down, because the lightly-regulated market had so many gas wells drilled of late that the market price of natural gas is so low, it isn’t profitable to drill more gas wells. That is the free market at work, and the government had almost nothing to do with it.
Oil drilling jobs are up, and the United States is closing in on Saudi Arabia for the title of biggest oil producing nation in the world; because the lightly-regulated markets have created a surplus of well-drillers who used to work in the natural gas fields, along with new technologies and more available land on which to drill. Plus the price of oil is high, so it is profitable to drill. That is the free market at work, and the government had almost nothing to do with it.
In other words, the Republican ideal of a free market is responsible for the current energy market and the jobs associated therewith. The government (especially the President) cannot be blamed for the jobs that are lost, nor given credit for the jobs that are gained.
So if you’re spreading these lies about an “Obama war on fossil fuels”, STFU. If you’ve been believing the lies about an “Obama war on fossil fuels”, stop. It’s a bunch of bulls***, like most things we hear from politicians and lobbyists.
Mr. B & C