The Bill That Targets North Dakota Energy Industry

This is a "cut and paste" of my original post of some days ago in addition to an update.

This bill and the EPA fracking regulation are the two biggest threats to the North Dakota energy industry.

New "cap and trade" bill targets North Dakota; this is an op-ed piece.

If you don't like op-ed pieces, you can read the "facts" in the Wall Street Journal.

It ain't a pretty picture.

Update -- July 16, 2010: Read the article yourself in IBD. The "new" bill

• Won't decrease emissions
• Will target only utilities (think MDU, OTTR)
• Will transfer oil wealth to government

Finally we see what the real point was for "cap and trade." (Most of us knew it all along, but it's main purpose was to transfer wealth from deep pockets of the oil industry. The Spanish search for gold and silver in the new world was under the guise of spreading religion. Nothing has changed.)