Things could get A WHOLE LOT WORSE before they get better depending on the election results. The rumor in Austin is: when the Republicans sweep this election, the House and Senate plan to remove all the regulation from the oil and gas industry.
UPDATE: Another rumor is that they will give Bryan Shaw the EPA Region 6 Administrator job.
I have been to visit some of our Republican representatives and their ears are closed. They cannot hear us and they do not fear us because Big Gas has their backs. One representative did mention that he was open to giving the industry more incentives.
More incentives? Really?
Bloomberg reports that fossil fuel subsidies are twelve times renewable energy subsidies.
Fossil Fuels – $557 billion
Renewable – $43 billion