Also in this playlist...
This transcript is automatically generated
Major policy shift for the Obama administration the White House may be turning to natural gas from shale.
Keep in mind it is an election media and attempt terraces -- -- Is the -- she's the -- Com the stock show the five and -- welcome to show RAZR V here before we get into the discussion I wanna show you the price of natural gas nozzle right now.
Down weighed down 7%.
Below this is bargain basement fossil fuel ladies and gentlemen to 48 lowest price in years back -- -- home heating bills this winter is very low if you using natural gas now.
It seems like President Obama a shifting.
He's he's moving towards natural gas says this is a good thing that's drill more all of it.
Of the report in the Wall Street Journal Obama -- us natural gas.
Well could they have shifted his energy policy -- -- -- some numbers that -- he's upside down in pulling in Pennsylvania.
And Ohio -- key states that have to do with natural gas -- -- company's -- -- I don't full disclosure before.
I came over to fox full time I worked at a firm that handled T.
Boone Pickens natural gas act and I will say this the president last year at this time.
Remember when Republicans and Democrats for fighting over the deficit -- all those times -- Paul Ryan put forth that plan to slim down on Medicare.
The president gave that big speech to demagogue Paul drying in the actually brought up the natural gas act.
And a lot of people in the industry were saying oh my gosh this is huge this is amazing that the president does it but we haven't heard anything.
Since that point a year ago on natural gas so in my opinion words speak actions speak louder than words these are just words.
But look at what Andrew Cuomo's been able to do here he's become to his credit.
A politician that Barack Obama said he would be.
Be in the middle -- both sides of the -- he's for Hydro fracking here in New York Cuomo but with big conditions big conditions which is something I think the president would have to have to because.
He'd better talk to the EPA they -- -- EPA has been very strict on these regular.
So you don't think that President Obama will make this shift and come out -- fracking is good drill baby drill let's get on with it is good for amount you have to guess -- President Obama -- drill baby drill I'm gonna pass -- always the -- -- -- -- right.
US but I I believe this is just words not actions I don't see him doing anything I see him to saying this to get elected.
And then head hitting a 23 okay because so we -- -- is so again that's right but we do agree if he did -- -- he -- firmly behind natural gas that is a political winner.
The easy it.
Politically it is a winner and it's.
A winner for somebody who's hurting in in -- critical election states that he needs to win reelection particularly Ohio particularly.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- And it and you have to point he.
You can't -- -- voting based on follow through and we haven't seen follow their -- he would get the votes I believe if he was serious he could get the natural gas act through the house.
And through the -- because it has bipartisan support supported by Republicans.
One he doesn't want to give Republican to -- remember the do nothing congress.
But also so there -- just sitting around this table a couple of weeks ago talking about how he's against the keep I don't pipeline because of environmental concern.
Could do a deal you say right to know on the Keystone Pipeline -- we keep all -- but yes on fracking in natural gas that's a much nice and clean a form of fossil fuel and environmentalists get really angry he says you know what I'm gonna -- Bill Clinton and realize.
You have nowhere else to go base of mine you're gonna vote for me or he could do nothing I -- just -- -- is I am takes credit doing nothing.
I think would agree that's what that -- -- take credit for doing that if.
Hot air Stuart more hot air from Washington don't -- -- -- Pathetically -- in Washington I think -- betting on the campaign -- good -- it had just we'll see you -- -- five tonight director of well thanks Andrea.
Filter by section