Read before you see new Matt Damon film!

The Meyers Report: The Promised Land?

For the first time ever, we are looking at a new movie to be released on December 28th. The Promised Land, starring Matt Damon, who also was USNaturalGassupposed to be the director, but Damon turned it over to Gus Van Sant. The Promised Land, has a clearly “anti-fracking” theme. It opposes our getting at natural gas supplies that can make our country energy independent and do it cleanly. In 2000, only 1% of our natural gas came from shale; today it is 30%, and the price is cheap and getting cheaper—cheaper than nuclear power. In 1996, the US produced only 0.3 trillion cubic feet of shale gas. By 2011, we were producing 7.8 trillion cu. ft. The graph at the right shows the price of US natural gas from 2008 through 2012.

Natural gas also is clean. Yes, we do need to develop alternative renewable energy sources, such as solar and wind, but those technologies need time to mature, but in the meantime, we cannot afford to wait.

This is not only impacting the US, but also the UK and Europe, all of which need more and cheaper available domestic fuel sources of their own. As of December 13, 2012, the UK has approved the development of their shale natural gas resources using fracking technology. Not only can the gas be used for power plants and heating, in a liquefied form it also can replace gasoline for many vehicles. Reducing energy dependence also has the impact of reducing the power of Middle East oil producing countries on the rest of the world.

The Results:  Fracking and the natural gas produced from it has come of age over the last five years.  Despite the regulatory battles and government roadblocks, private industry has found a way.  The results are simple:  hundreds of thousands of jobs that private industry produced and lower home gas prices—all of which government and misguided environmentalists fought.  And, there have been no catastrophes.

The bottom line. Who would benefit most from the US, the UK and Europe not achieving energy self-sufficiency? Maybe the Middle Eastern oil countries?

Question:  Who is financing The Promised Land?

Answer:  AD Media, a company that is wholly by the government of the United Arab Emirates.

Question for Matt Damon: Just whose side are you on?

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