What Obama Could Say in His Speech That Would Really Turn the Economy around

Recent polling indicates that seventy-six percent (76%) of voters say the country is heading down the wrong track. Clearly, something needs to be done to turn the train around and head in a different direction.

First we need to know where we’ve been headed and then make a conscious decision to do a 180.

Three recent news stories—all under-reported—offer a snapshot of the wrong direction.

Exxon is in a legal battle with the US government. The company has a new oil discovery in the Gulf of Mexico in what is called the Julia Field. Exxon reports an estimated one billion barrels of recoverable oil—worth potential royalties to the government of $10.95 billion. The discovery is believed to be the largest in the Gulf of Mexico. (Note: we are not out of oil; we keep finding more.)

In its exploration, Exxon is known for moving slowly and studying all the options before committing billions of dollars—using the best technology and science to utilize the shareholders’ risk capital. This is good. Deep-water exploration is difficult and complex. It needs to be done right.

Read More at globalwarming.org By Marita Noon, globalwarming.org