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Wednesday, July 20, 2016

Give a Damn?

Despite the widely-held belief that the Republican Party and the fossil fuel industry are natural allies, one of the world's most prominent fracking tycoons admitted Tuesday that, actually, his business has fared better under Democrats.

"The industry has actually historically done better under Democratic presidents during my 42 years, going back, than under Republican presidents," said Scott Sheffield, chairman and CEO of Pioneer Natural Resources, which runs an enormous oil drilling operation in West Texas' Permian Basin.

Sheffield went on to explain how from the time Democratic President Barack Obama took office in January 2009 to the crash of the oil market at the end of 2014, his business skyrocketed, with Pioneer stock reaching the fifth place on the S&P exchange and first in the industry market.--LM

Someone finally says it.

Yep, those Dems and particularly the fracking-girl herself, have it all figured out.


TS

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