Democrats Increasingly Side With Oil, Gas Industries

Tuesday, 12 Aug 2014 06:34 AM

By Elliot Jager

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The oil and gas industries are getting a surprising boost from Democrats as they join Republicans in backing legislation sought by companies to maintain the energy boom, The Wall Street Journal reported.

Democrats have embraced the economic benefits to their constituencies of fracking, notwithstanding opposition from environmentalists who have traditionally influenced energy policy within the party. With fracking, fluid is injected under high pressure into the ground to boost oil and gas output.

"When four or five states were responsible for the vast majority of oil and gas production, it was easy to say this is a Republican issue, because most of those states happened to be Republican states," Washington-based energy consultant Kevin Book told the Journal. That has changed as more states benefit from unconventional technologies for oil and gas production, the Journal reported.

NASA Expert: The End of Global Warming

Democrats still emphasize the need for greater governmental oversight. The party's environmental wing remains robust, in part because of the backing of major donors such as Tom Steyer, the former hedge-fund manager who is passionate about climate change.

However, lawmakers such as Rhode Island Sen. Sheldon Whitehouse, who backs tighter rules on methane, a greenhouse gas that is a byproduct of natural gas production, have been seeking a middle road. "I'm willing to defer cracking down on natural gas, because the economic benefits to the nation have been so great," the Journal reported.

The benefits of the United States being the No. 1 oil and gas producer in the world have been spread around the country to blue and red states alike, propelling the Democrats' political shift.

In states such as Maryland and Oregon, poised to benefit from the production and export of liquefied natural gas, the industry is enjoying greater than ever bipartisan support.

Fracking is being welcomed in swing states such as Ohio, North Carolina, and Nevada, the Journal reported.

With backing for the industry becoming more bipartisan, oil and gas trade groups such as the American Petroleum Institute have started hiring Democrats for their Capitol Hill lobbying operations, according to the newspaper..

Related Stories:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Why Do American Jihadis Fight?

Saturday, 20 Sep 2014 09:02 AM

A look at four Americans who became jihadis, and what motivated them to fight:Moner Mohammad Abusalha, who liked to cudd . . .

Florida State Suspends Winston for Entire Game

Saturday, 20 Sep 2014 07:36 AM

Top-ranked Florida State will face Clemson without Jameis Winston - for the entire game and not just the first half.Flor . . .

Pope Names Moderate Bishop Cupich as Chicago Archbishop

Saturday, 20 Sep 2014 07:28 AM

Pope Francis, in his first major appointment in the hierarchy of the Catholic Church in the United States, on Saturday n . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved