Published September 06, 2008 03:41 pm - Let’s be careful we don’t squelch the development of alternative energy sources that ultimately will make us energy independent.
So why are we suspicious of oil and gas companies?
By David Gerard
Phoenix Staff Writer
Like many people, I’m suspicious of oil and gas companies — not because of their products’ unpredictable, volatile prices, but the companies have an “in” with government most businesses don’t.
I’m grateful for oil and natural gas.
I like staying warm in winter, and all but four years of my life, I’ve lived in homes heated with natural gas.
I like vacationing and driving myself somewhere when I want, so I’m thankful for the independence gasoline has granted me over the years.
But the companies? I’m suspicious of them.
This past week, Oklahoma House Speaker Chris Benge proposed an energy plan for helping reduce the state’s dependence on foreign oil. Benge wants the Legislature to help finance the expansion of publicly available compressed natural gas stations from 28 to 56 in the next five years.
He also proposes the state help fund the conversion of state, city and school district fleets to compressed natural gas, and finance CareerTech programs to train technicians to work on natural gas-powered vehicles.
There are more incentives: low interest loans and tax credits, to encourage the use of compressed natural gas.
Using natural gas, which Oklahoma has a lot of, for vehicles, is a good idea.
But why should the state build gas stations for natural gas companies?
Are they having difficulty with profit margins? Will they not make money selling compressed gas from the stations?
And why should taxpayers have to pay to convert engines? If the gas companies are going to make money on all this natural gas of theirs, why don’t they have assistance programs to convert engines from gasoline?
See, that’s what gets me about gas and oil companies. They go to Congress and legislatures and say they need help, and congressmen and legislators feel they have to help the industry.
Even U.S. Rep. Dan Boren, D-Okla., proposed legislation in Congress to provide tax credits and no or low interest bonds to switch school and government fleets to compressed natural gas.
The last I heard, Oklahoma’s natural gas companies were doing pretty well. Oklahoma City is booming because of natural gas interests.