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Mitt Romney is making energy policy a major issue in the November election here all the three points of the governor's energy plan.
Won't approve the Keystone Pipeline to more offshore and onshore drilling.
And three ease federal regulations on natural gas and coal mining.
Yesterday Romney -- his plan will make the US entirely energy independent there's -- -- -- set a national goal of America and North America.
North American energy independence by 20/20.
North American energy independence -- -- bloody.
That means we produce all the energy we use -- North America.
They have of the president the the candidate's plan.
Let's hear from Bob -- now from the NBC.
And -- -- joining us from DC -- always a pleasure thanks for much become Limbaugh.
Thank you Stewart now I've put it to you if you go back four years and if that if implemented then four years ago.
Governor Romney's plan which is drill -- -- for gas and build upon but if we have done that for years ago.
-- dependence on foreign oil and foreign energy would be today follow less than it is go.
I don't think so I don't think this plan is about energy independence -- it's about -- our future on the fossil fuels in the past.
It's about keeping this country addicted to oil it's about asking working families to cough up four billion dollars a year in subsidies to pump up the profits of big -- what -- -- -- -- I've got it -- -- media are entitled to your opinion Bob deal -- -- not -- -- -- your -- facts.
The -- that the the people of this country do not want to check.
For -- billion dollars to the oil companies they do not OK well that's -- some -- -- act as a matter that but now let's get back -- -- until the question which does not answer.
If you go back four years.
And -- implemented then what governor Romney's plan is are you telling me that we would be importing.
More oil equivalent important follow us -- I don't borrow -- to energy independence.
Wouldn't we're we're -- But we're certainly on that road now when President Obama took office we were imported 57% of our oil now it's 42%.
Yes good progress and that's because.
Drilling for oil on private -- primarily in North Dakota nothing to do with President Obama whatsoever he's clamp down on oil production in the gulf and elsewhere.
-- haven't Stuart you know we've drilled 9000.
New oil wells in the first four months in this Euro loan that's in new oil well every ninety minutes no other country anywhere is even close you were growing faster under this president and we -- at any time in thirty years and or production is optional -- six point two in -- -- -- -- -- too -- Barrel today would go to the torment airline security let's look at the liberal agenda on energy wind and solar they're pipe dreams let's look at -- According to our good -- Robert writes to hit the government's.
Goals for when Entergy.
You would have to cover ten new Jersey's with Windmills at a cost of 45 billion.
Each and every year for the next ten years.
That this options that you guys are laying out -- -- fancy land fantasy land.
Absolutely not we are helping American business to get a competitive edge by having choices and its energy.
We're now getting 4% of our electricity from wind that's significant will going to be getting 20% in 5020 years now.
The other thing is -- -- -- coming from is -- coming from the federal government I don't wanna pay for that the private sector want to do it fine but that's not what anybody is suggesting.
It's coming from the private sector there's a there's a two -- the subsidy to help out our on a new technology that's really helping our former south at a Kansas a couple of weeks ago though corner of the what -- -- -- what a minute wait a minute you get cooking the books again.
-- unit of energy produced the -- -- subsidies by a factor of eight or nine.
Build two wind companies.
Unit of energy produced don't give me this two cent one -- -- it's not like that it's a massive subsidy.
If you look at energy unit produced and you know it's.
Stuart I'm just sticking sticking to a law here is 2.2 cents per kilowatt hour you know that.
And this is a new technology that is helping to transform this country it's going to increase our options that gives our competitors are business -- headed to bed because -- choice because -- -- instead it's up pipe dream it will never supply a significant.
Amount of electricity Jews in our society period -- -- the number is Jerry got.
Well I mean you just look at the cost of this over time -- have to cover ten new Jersey's.
Across the state.
And then -- would be paying.
As much as 45 billion dollars a year each and every year where that money come from you guys want -- -- subsidies from the government.
Look at its economic -- do it but the problem is it's not.
Talk about solar energy for just a second here you look at what that means per household these systems do not pay for themselves people move out of those happens before they ever realized -- caught even -- the government's up.
I'm almost out of time so Bob -- you get the last worked out.
The last word is we need to invest in energy efficiency and we need to invest in renewable fuels like wind and solar and we need to move this country forward.
This energy plan is not gonna do that this is drill baby drill with a tan well -- -- disagree.
Bob Danes thanks so much for joining us as always we do appreciate it thank you so.
Thank you -- some.