Nuclear Energy And The 2014 Mid-Term Elections
If Mitch McConnell starts his tenure as Senate Majority Leader with “red meat” votes for his conservative base, and President Obama counters with executive orders and vetoes, then America will experience two more years of confrontation.
Alternatively, if they both focus on areas of potential cooperation, Washington could actually get something done.
Many folks in the energy world are betting that cooperation will spell victories for fossil fuel, wind tax credits and nuclear energy. Lawmakers will push legislation to promote energy efficiency and speed approval of oil and gas drilling permits, says William Galston, a Senior Fellow of Governance Studies at the Brookings Institute in Washington. Congress and the White House could find common ground with Republicans from the Midwest who support extending wind energy tax credits, and those who want to end now-irrelevant limits on U.S. crude oil exports that have been in place since the 1970s.
But I wouldn’t get too excited just yet.
Senator McConnell and President Obama. Will the 114th Congress support nuclear energy? Or will there be more of the same apathy from both parties? Credit: Wikipedia
Senator McConnell and President Obama. Will the 114th Congress support nuclear energy? Or will there be more of the same apathy from both parties? Credit: Wikipedia
Since 2008, Oil & Gas production has exploded in this country. It’s hard to imagine natural gas needing much more support than it already has. And domestic oil production will have doubled during President Obama’s tenure. We will produce more oil in 2015 than anytime since 1972 (America’s Markets).
More oil and faster production growth than under any Republican-controlled Congress – ever.
