Saturday, November 17, 2012

Obama's "historic choice"

President Obama faces an "historic choice" over the regulation of drilling for natural gas.

Energy companies, environmental groups, and even Hollywood stars are watching to see what decisions President Barack Obama makes about regulating or promoting natural gas drilling.

The stakes are huge. Business leaders don't want government regulations to slow the flow of hundreds of billions of dollars of clean, cheap domestic energy over the next few decades. Environmental groups see that same tide as a potential threat, not just to air and water, but to renewable energy. And on a strategic level, diplomats envision a future when natural gas helps make the U.S. less beholden to imports.

Tough choices go with that job, even if the approval of "Hollywood stars" is at stake. Let us hope Barack Obama chooses wisely, and for enterprise, work, and prosperity.

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