***Courtesy of THE RIO NORTE LINE***….We’ve posted numerous times here about the necessity of the Energy sector to be allowed to just do its job. Any Energy successes we’re experienced in the past 3 years have all been in SPITE of the current Administration, not because of it. This post from TRNL shows yet again how and why Energy is a key driver for our economic recovery here, and why the upcoming election is so vital to our country’s future.
Not to long ago, I posted my long expressed thesis that the energy sector is the key to the revival of the American economy. I wrote:
Over and over again, we have posted about how opening up energy exploration and production in the US could have an immediate “shock” effect on the economy because hydrocarbon based energy touches all strata of the economy and does so all at once. Cheaper fuel leads to cheaper production costs of products, immediately has an impact on personal income and strengthens the balance sheet of all companies by lowering overall costs to do business. It also immediately increases employment in the E&P (exploration and production) and EPIC (engineering, procurement, installation and construction) sectors of the oil patch. Good, high paying jobs that could be created at the cost of a signature.
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