Here's a Lesson for Senator Ted Cruz on American Energy
Earlier this month Texas Senator Ted Cruz gave a speech on American energy at the Heritage Foundation. Senator Cruz waxed poetic on oil and gas production and criticized big government for standing in the way of an even brighter future. While environmentalists had a field day criticizing the Senator's speech, there are two very real truths that American's need to understand. The first is that the United States -- from a regulatory stand point -- is one of the best places on earth for oil and gas development. The second is that market forces are almost solely responsible for our current energy boom -- the government is a non-factor.
In this video, Fool.com contributor Aimee Duffy discusses how market forces have driven oil production in the United States over the past five years, and why government is not likely to be the detriment to growing production in this country any time soon.
Invest Like Warren Buffett
Warren Buffett has made billions through his investing and he wants you to be able to invest like him. Through the years, Buffett has offered up investing tips to shareholders of Berkshire Hathaway. Now you can tap into the best of Warren Buffett's wisdom in a new special report from The Motley Fool. Click here now for a free copy of this invaluable report.
The article Here's a Lesson for Senator Ted Cruz on American Energy originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.