A Reminder That A Lot Of Young Journalists Are Clueless -- But Not All

I'm posting this story only for archival purposes. The comments are most interesting. I'm not exactly sure what point the reporter was trying to make. He sounds disillusioned. The AP is reporting this story.

This is not an investment site. Do not make any investment decisions based on what you read here for what you think you may have read here, but if investors had the same outlook at this reporter, they wouldn't be in investing very long.

America's plan to use more natural gas to run power plants, make chemicals, drive vehicles and heat homes may not go as smoothly as expected.

There's plenty of natural gas in the ground, everyone seems to agree. But the harsh weather this winter shows there are obstacles to producing it, and more pipelines have to be built.

The bitter temperatures boosted demand for natural gas to heat homes and businesses. But wells in some places literally froze, making it difficult for some drillers to keep gas flowing. And the high demand clogged pipelines, so even when there was enough production, the gas couldn't get where it needed to go.

I'm curious what energy source this reporter thinks would be better. Windmills? LOL.

In fact, the problem that gas couldn't get where it needed to go was self-inflicted in many (most?) cases.

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An exception to the rule that many young journalists are clueless might be Kevin Chupka who wonders if President Obama might be the two-term version of President Obama. President Obama hasn't make his "malaise" speech but he is disillusioned, frustrated over the failure of ObamaCare (previously posted). I do think he should be given credit for staying cool with regard to the Ukraine. He let Putin take the Crimean, and turned a very, very risky "Cuban crisis" into a minor diplomatic row which will play out in the UN or in The New York Times. A "President Bush" would have us in another shooting war in the Ukraine, or at least the risk of doing so if Dick Cheney were running the show. So, fortunately, "no drama Obama" kept our noses out of where we don't belong and simply let Putin do what he wanted, not that Obama had many options. And so we get this Breakout story:

The ongoing crisis in Russia and Ukraine has, for some, highlighted deficiencies in President Obama’s foreign policy (or lack thereof). Breakout’s Jeff Macke likens it to the widely held belief that President Jimmy Carter was particularly weak when dealing with the Iran hostage crisis. “Apparently we stopped Putin by saying ‘you’re gonna lose all the good will you had with the Olympics,’” Macke contends. “It reminded me very much a Jimmy Carter-esque kind of scolding morality.”

Unfortunately, after that great headline and opening paragraph, the reporter sort of lost it, and made excuses for President Obama. Sad. The reporter got off to such a good start.