Tags: steve | forbes | obama | energy

Steve Forbes: Obama Waging War on Coal, Vital Fuels

Tuesday, 30 Jul 2013 10:09 AM

By Jim Meyers and John Bachman

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Forbes magazine editor Steve Forbes says President Obama is waging war on oil, gas, and coal and instead favoring "medieval technologies like windmills."

The former presidential candidate asserts in an exclusive interview with Newsmax TV that "the president of the United States, unfortunately, still does not like oil, gas, and coal. He's waging war on all three of them.

"And the great fracking boom that has led to the great boom in natural gas, huge advances in terms of hydraulic drilling that's led to an oil boom, all of that happened in spite of the obstacles of the administration.

"But look at what comes out of the EPA and other government agencies. They still are anti-traditional energy, so I don’t think this guy is going to approve the Keystone pipeline anytime soon, if ever. That has the spectacle of having to deliver oil via trains instead of by via pipelines and not updating refineries the way we should and having these crazy rules in terms of refining gasoline, ethanol, that unnecessarily raises the price.

"All of those things can be cured pretty quickly but we have a president who thinks the future lies in medieval technologies like windmills, which are the greatest bird killers ever, and railroads, which is a 19th century technology, and other things, including the sun, which hasn’t worked out very well.

"None of these things are going to meet the needs of the marketplace in terms of moving goods and services and creating energy, but this guy's addicted to the past and if you want a windmill energy source, you're going to have a windmill economy."

See video below.





Editor's Note: See the full Newsmax interview and excerpts:






© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Religious Freedom Group Urges Pentagon to Pull Out of Prayer Day Event

Friday, 18 Apr 2014 11:33 AM

A military religious freedom organization has denounced a National Day of Prayer event next month on Capitol Hill as bas . . .

Ohio Teacher Fired Over Comment on Black President

Friday, 18 Apr 2014 11:28 AM

An Ohio teacher has been fired after a black student who said he wanted to become president claimed the teacher told him . . .

Parents Unhappy Michelle Obama to Speak at Graduation

Friday, 18 Apr 2014 11:04 AM

Some parents in Topeka, Kansas are upset because there will be a limited number of people allowed to attend a combined h . . .

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