Aussies loving energy boom

Oil well in Oz

Jeffery Folks at American Thinker:

In Australia, energy exploration is proceeding on an unprecedented scale.  Chevron, the lead partner in developing the giant Gorgon natural gas field off Western Australia, recently decided to expand its production capacity by 25%, making it one of the largest liquefied natural gas facilities in the world.  With markets in China, Japan, and India, the Gorgon project and others like it have locked in future sales for decades.  The only problem is that Chevron can't find enough workers: the Asian LNG boom has already created high-paying jobs for all who want to work.

And why are we suffering high energy prices and high unemployment while our cousins down under are partying?

Cutting off fossil fuel development is, of course, a central political strategy of the Obama administration.  By regulating, taxing, and adjudicating domestic energy production out of existence, Democrats think they can shift new energy production to alternative sources.  And they believe that by directing enough subsidies at these sources, they can replace fossil fuels as our nation's main source of energy.

 Its intentional, amigos!