Icon Re: Gentleman Wager w/DBINFO resident conservatives....
R
rosskolnikov (view)

Looking forward to the photo, Marc. ;-)

I'll spot you a couple:

1. During Obama's term, foreign oil imports are down on a percentage basis.

2. The Shale Gas boom has not only improved the USA's energy equation, but it's allowed renewed construction in gas-to-liquids and petrochemicals on a strong cost basis against the Middle East. This has already led to job gains in the industry, but it will also lead to some really big job gains after 2015 when the downstream processes start ramping up. (And Mark Ruffalo and Yoko Ono are mostly wrong in their assertions about fracking).

Because the benefits of these events lag the election cycle, Obama hasn't gotten much credit yet. But neither has he stood in the way. When a 10-years-on re-assessment of his terms gets done, people will see that he walking a middle road here. Romney would have done similar.

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.:RS:.
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