The Bias Against Oil and Gas

Robert Samuelson pretty much nails it in this column. This column although originally run in the Washington Post, appeared recently in the Albuquerque Journal While Obama claims to be attempting to grow our economy and increase the availability of jobs, he is attempting to quash the development of those jobs if it means upsetting his Luddite friends in the environmental movement.
In summarizing the situation, Samuelson writes:

Encouraging more U.S. (oil and gas) production would also aid economic recovery, because the promise of “green jobs” is wildly exaggerated. Consider: In 2008, the oil and gas industries employed 1.8 million people. Jobs in the solar and wind industries are reckoned (by their trade associations) to be 35,000 and 85,000, respectively. Now do the arithmetic: A 5 percent rise in oil jobs (90,000) approaches a doubling for wind and solar (120,000). Modest movements, up or down, in oil will swamp “green” jobs.

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