Economists question Bush’s prescription for lower gas prices

Republican presidential candidate Jeb Bush says ending the ban on US oil exports and easing restrictions on natural gas exports will unleash the nation’s economy.

The former Florida governor left without taking questions from journalists, who were forced inside a metal pen and prevented from leaving to speak to him after his speech, which only saw brief questions from the company founders.

Republican presidential contender Jeb Bush issued his energy agenda Tuesday, calling for transformative policy changes to take advantage of “once-in-a-generation” opportunities for the economy. However, environmentalists say the negative impact on the planet would be too great.

On Keystone, Bush said President Obama and Democratic presidential front-runner Hillary Clinton have “baldly politicized the government permitting process”, and said he supports the project. “But that will only happen if we reverse damaging federal energy policies”. “We have it in our midst”, he told the audience, which was gathered under a tent outside as heavy rain poured down around it. “Some new rules, such as overwriting state and tribal standards for hydraulic fracturing operations, directly discourage investment in domestic oil and gas operations”. I encourage all conservatives to look past the theatrics of the primary and get acquainted with the authenticity, character and experienced leadership of Gov. Bush.

The company and its subsidiaries have been subject to 121 violations with the state Department of Environmental Protection and amassed more than half a million dollars in fines since 2010, according to the Huffington Post.

All are long-held priorities for the Republican Party, with a major vote on lifting the export ban expected to be held this week. His plan would boost the development of a few of our continent’s dirtiest fuels, roll back commonsense and life-saving limits on unsafe air pollution, and set back the progress we’ve made in tackling climate change and supporting clean energy.

The Obama administration’s carbon rule requires a 32 percent cut in power plant carbon dioxide emissions by 2030 from 2005 levels.

“We should have a north-south corridor from Poland down eastern Europe, using American natural gas as a source of our foreign policy tools”, he said.

Bush said he won’t be the loudest person on the stage and he won’t insult people. When he learned that the employees had stock in the company, Bush mimicked an evangelical preacher to praise capitalism. He joked repeatedly with the Rice brothers, and said he hoped their firm’s stock price went up.

Yet oddly enough, no one suggests that middle or upper class people are morally compromised when the government helps pay their mortgage interest – an enormous entitlement costing almost $70 billion a year.

Whatever Bush actually believes, there’s no doubt that when many Republican voters hear about “free stuff”, they have a particular picture in their minds: poor people, probably black or brown, getting a few benefit they didn’t deserve, paid for by “us”, the hard-working and upstanding Americans.

In fact, Bush used Twitter to tweak Trump for releasing a tax reform plan on Monday that Bush said resembled his own plan. But he appeared energized at the event, which he likened to “a tent revival meeting”.