Get The Frackin' Gas

An oil company wants to invest its profits in clean-burning American natural gas. A Hungarian billionaire and a "green" politician want to stop it. This is the real Climate-gate scandal. While the greenies of the world united in Copenhagen to talk about the weather, emitting a Third World-country-size chunk of greenhouse gases to gather there, the world's largest oil company, Exxon Mobil, was doing something about it. On Dec. 14, Exxon agreed to buy XTO Energy, a natural gas firm, in a deal valued at $41 billion. XTO is one of the leaders in something called "fracking" technology, in which water, sand and additives are pumped into the ground to unlock trillions of feet of natural gas previously thought to be unobtainable. Because of these new technologies, it is estimated that the U.S. sits on 83% more recoverable natural gas than was thought in 1990. Pro Publica was started by billionaires Herbert and Marion Sandler, who, along with billionaire George Soros, funded the left-wing Center for American Progress, run by John Podesta and touted as the Obama administration's "idea factory." Soros owns a major stake in a company called InterOil, a company that has discovered a large natural gas field in Papua, New Guinea, with which American shale resources would compete. Soros would rather have us import his liquefied natural gas than develop our own. His allies in the media, the environmental movement and the Democratic caucus are all too eager to exploit public fears to do it...read more