The Mad Man’s at it again. It’s not Quebec but it is the Utica…
OH Treasurer: Drilling is a Win, Win, Win
Published: Friday, 2 Dec 2011
Ohio Treasurer Josh Mandel, also a candidate for U.S. Senate, believes drilling for oil and gas in the Utica shale is a “win, win, win” for the state and the country, he told “Mad Money” host Jim Cramer Friday.
“This is one of those issues that could put America at a competitive advantage in the global marketplace,” he said. “It can wean us off of dependence on foreign oil, it will improve our national security, and its jobs right here in the heartland.”
Cramer agrees. He’s made it his mission to support natural gas in the U.S. as an alternative fuel. But both Mandel and Cramer say they are frustrated by the lack of response from Washington.
“The President doesn’t like it because it’s a fossil fuel," Cramer said. “And Congress is just too darned dysfunctional to promote natural gas even if they wanted to, especially given the outsized influence of the coal lobby.”
To see Cramer’s full conversation with Josh Mandel, watch the video.
http://www.cnbc.com/id/45527307
- Forums
- ASX - By Stock
- MPO
- progress in quebec
progress in quebec, page-2
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MPO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online