There’s no need to rush leasing 
of federal commercial oil shale plots

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With the war on coal, no real control of the EPA and increasing costs forced on the petroleum energy producers, inflation at the gas pump and at the grocery store will only continue to get worse as increased production costs are passed on to the consumer.

Energy costs are one of the primary factors driving inflation. It’s somewhat of a paradox to the environmentalist agenda, but the more energy costs rise from more restriction, the more attractive oil shale becomes. The enviromentalists are, in reality, shooting themselves in the foot by further limiting oil shale development.

At least it’s nice to know that they will have to pay for the increased costs of living right along with the rest of us.

In CO two coal mines were recently given the green light (by the Obama administration) for expansion, one allowing new roads and methane vent wells in a roadless area.  Meanwhile the BLM (under the Obama administration) is allowing Oxbow to move forward with its exploratory drilling for a band new mine on Oak Mesa. 

Oil is being produced in the U.S. at record rates. Indeed, oil futures continue to trend down. Natural gas remains glutted and thus ‘depressed’ on the Market.

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