Thread by @bansisharma

1. Democrats Against CO2 Reduction

Further evidence Democrats aim not to reduce CO2 emissions, but to hijack climate change rhetoric to further their own preexisting agenda. Natural gas burns cleaner than oil, and Democrats are against it.

thehill.com/policy/energy-…

2. Bernis Sanders & AOC: American Prosperity Slayers

“Fracking” is the popular term used to describe hydraulic fracturing, a stunning 20th-century innovation whereby underground rock is cracked with pressurized liquid, allowing for oil and gas to more easily flow through it.

3. Unquantifiable volumes of oil and gas previously believed to be inaccessible underground have now been produced in the shale revolution, all thanks to the fracking process that Baernie & AOC are swearing they will ban.

4. And let’s be clear: they are not swearing they’ll ban fracking merely on federal land (something Obama advocated); they have called for a comprehensive ban on all fracking activity (something that would have been unthinkable even to the left-wing Obama administration).

5. And it was unthinkable for good reason — the eight years President Obama was in office were marred by high unemployment coming out of a brutal recession, followed by the most tepid economic recovery in American post-war history.

6. And yet, 4.3 million of 9.3 million jobs created during those years were directly or indirectly created as a result of the fracking revolution.

7. The idea that America’s oil-and-gas sector was responsible for 46 percent of the underwhelming job creation throughout Obama’s two terms must give cardiac arrest to those contemplating the idea of going without it.

8. And it is not just the sheer number of jobs fracking created, but the quality of the jobs that must be understood. In a period where wages had stagnated, jobs in oil and gas extraction paid 76 percent above the national average ($44 per hour vs. $25 per hour on average).

9. Jobs matter. Wages matter. And what people pay for things matters. Increases in the cost of things that members of the middle class buy has the same effect as a wage cut, especially when that thing is not something someone can buy less of (i.e., what he uses to heat his home).

10. So beyond the gravity of the job numbers, the wage figures, and the more abstract GDP growth, consider what the fracking revolution has done to the cost of natural gas.

11. The economic impact of undoing the great progress fracking has generated economically would be a direct assault on the quality of life of millions of middle-class people in our country.

12. Even the left-leaning Brookings Institution concluded that middle-class families were benefiting by $432 per year in direct savings from the fracking revolution, and $75 billion per year in aggregate.

13. The economic toll of reversing this would be unspeakable and should be reason enough for any sensible person to eliminate the idea from policy consideration. But not Bernie Sanders & AOC. They are just getting started.

They will not rest until the U.S. is Venezuela.

The End