Latest
Recommended
Published: Tue, October 11, 2016
Economy | By Melissa Porter

Trump claims Clinton wants to end mining jobs

Trump claims Clinton wants to end mining jobs

Clinton, on the other hand, touted the growth in American energy in the Obama years, which has largely been due to the technological advances that have allowed companies to tap into oil and gas contained in shale formations. But the candidates essentially repeated comments they made earlier on the campaign trail. But, when it did, it was after Republican presidential nominee Donald Trump said we have to use our fossil fuel resources.

"And foreign companies are now coming in".

"I'm all for alternative forms of energy, including wind, including solar, etc. We are killing, absolutely killing our energy business in this country", Trump said according to a transcript provided by Politico.

Trump added that the US oil and gas industry is "under absolute siege" by regulators and that the Environmental Protection Agency is "killing these energy companies". The EPA is so restrictive that they are putting our energy companies out of business.

Trump accused Clinton, the Democratic nominee, of wanting to put coal miners out of business.

When the candidates were asked how they would balance meeting energy needs with safeguarding the environment and jobs, Trump said "energy is under siege by the Obama administration". "We have unbelievable - we have found over the last seven years, we have found tremendous wealth right under our feet, so good". The Republican Party Platform addressed the coal issue this year by simply declaring the fuel "clean" by fiat.

"Especially when you have 20 trillion in debt".

"Under absolute siege. The EPA - the Environmental Protection Agency - is killing these energy companies", he said.

In fact, the EIA estimates the USA has just over 250 years of coal supply left, but much of that may not be taken out of the ground if competition from natural gas and renewable energy keep coal prices near historic lows.

"Clinton noted that the increase in natural gas production serves as a transitional "bridge to more renewable fuels" but that coal country is in need of revitalization".

"We've got to remain energy-independent", she said. "We are not dependent on the Middle East. We have enough worries over there without having to worry about that".

Clinton added that she believes the U.S. The EIA also reported that for the week ending September 30, the USA imported 7.71 million b/d of crude oil, excluding the Strategic Petroleum Reserve.

The presidential candidates on Sunday finally got a chance to weigh in on one of the biggest issues that has been avoided thus far in the debates: energy. The former Secretary of State also stressed the importance of an "energy-independent" U.S. - that is, free from price fluctuations driven by Middle Eastern oil producers. "But I also want to be sure that we don't leave people behind".

"Those coal miners and their fathers and their grandfathers dug that coal out. But the price of coal is down worldwide, so we have to look at this comprehensively".

Like this: