Monday morning, President Obama will announce MIT nuclear physicist Ernest Moniz as his choice for Energy Secretary. A supporter of research into renewable energy, Moniz is also a strong advocate for natural gas and fracking. His nomination is expected to draw fierce criticism from the environmental left.
At a recent conference in Texas, Moniz called the recent doom in shale oil production, retrieving natural gas through hydraulic fracturing, a “game changer.”
Moniz noted that shale oil production has lowered utility bills and created “something on the order of 600,000 jobs…There is no politician in my view who’s going to walk away from this.”
Moniz calls natural gas a “bridge fuel” until renewable energy alternatives become viable. This is right. In the history of civilization, every energy source is a “bridge fuel” until another alternative emerges through innovation.