Why Mississippi Governor Phil Bryant Wants High Oil Prices
"I Hate That Oil's Dropping": Why Mississippi Governor Phil Bryant Wants High Oil Prices for Fracking
11/25/2014
At the industry-sponsored convening, which I attended on behalf of DeSmogBlog, it was hard to tell the difference between industry lobbyists and regulators. The more money pledged by corporations, the more lobbyists invited into IOGCC's meeting.
Perhaps this is why Bryant framed his presentation around where we are headed as an industry, even though officially a statesman and not an industrialist, before turning to his more stern remarks.
I know it's a mixed blessing, but if you look at some of the pumps in Mississippi, gasoline is about $2.68 and people are amazed that it's below $3 per gallon, he said.
And it's a good thing for industry, it's a good thing for truckers, it's a good thing for those who move goods and services and products across the waters and across the lands and we're excited about where that's headed.
Bryant then discussed the flip side of the mixed blessing coin.
Of course the Tuscaloosa Marine Shale has a little problem with that, so as with most things in life, it's a give and take, Bryant stated. It's very good at one point and it's helping a lot of people, but on the other side there's a part of me that goes,
'Darn! I hate that oil's dropping, I hate that it's going down.' I don't say that out-loud, but just to those in this room.
http://www.desmogblog.com/2014/11/25/why-mississippi-governor-phil-bryant-wants-high-oil-prices-fracking