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Natural Gas Boom Hits Home of Little League

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Description
FBN’s Stuart Varney on the success of natural-gas drilling in Williamsport, Pa.
Duration 1:33
Date May 16, 2012

This transcript is automatically generated

I think it's just a sleepy little town that comes alive once a year -- a Little League think again.

Think it energy boom town USA is my take on the Williamsport Pennsylvania.

My thanks to USA today for the story.

It should really be the story of countless small previously sleepy towns across America but is restricted to -- -- and a few others.

Because of the misguided policies of President Obama.

He doesn't like fossil fuels and it is a fossil fuel that is made Williamsport a Boomtown in particular natural gas that drilling that.

That putting people to work that they're making money William sport has prosperity.

No thanks to the Obama team.

They just issued new rules for gas drilling on federal lands which will be used by environmentalists to hold back the gas industry.

If it isn't solar wind well maybe Hydro this administration wants to hold it back.

But look around North Dakota has just passed Alaska.

As an oil produce.

Pennsylvania.

Has a four billion dollars a year natural gas industry they are exploiting private land.

With the administration can't stop them.

A last look at California place they have vast oil -- us off the coast but they won't go and get it.

They'll raise taxes cut services -- going to massive debt but they reject the revenue that would flow from their own oil G.

You think you could learn something from William sport Governor Brown.

He asked rhetorically.

Before we move on I do.