Corporate insiders peddling the claim that drilling for methane gas will solve America's energy needs just scored big in Washington -- and for these insiders fracking for gas is very lucrative business. House Resolution 1380, given the feel-good moniker of the "New Alternative Transportation to Give Americans Solutions Act " or "NAT GAS Act," was announced on Wednesday, April 6, in the U. S. House of Representatives. The bill is 24-pages long and rewards the fracking industry with tax credits and products to help "drive" consumption. The bigger the vehicle, the more tax credits given.
This initiative to expand the controversial fracking process -- which has already resulted in contaminated wells and rivers and even ignitable tap water for some -- is being spearheaded in Congress by Reps. John Sullivan (R-Oklahoma), Dan Boren (D-Oklahoma), John Larson (D-Connecticut), and Kevin Brady (R-Texas). The bill has 77 co-sponsors, with 40 Democrats in support, and 37 Republicans, from 33 different states.
But, perhaps its most powerful supporter or potential supporter is President Barack Obama. Just two weeks ago, he alluded to being a strong supporter of a bill of this nature in a speech on March 30 on "America's Energy Security" at Georgetown University. In that address, he specifically mentioned T. Boone Pickens's name when discussing legislation to support expanded fracking for methane.