Toying with the energy companies, in Fortune magazine:

Salazar's efforts [U.S. Sen. Ken Salazar, D-Colo.] have essentially pulled the rug out from under Shell (RDSA) and other oil companies which have invested many, many millions into oil shale research since the passage of the Energy Policy Act of 2005, which established the original framework for commercial leasing of oil shale lands. (Last year, oil shale represented Shell's single biggest R&D expenditure.)

Salazar says he's simply trying to slow things down in order to ensure environmental considerations don't get trampled in the rush to turn western Colorado into a new Prudhoe Bay. But, ironically, his bid to extend the moratorium comes at a time when his fellow Senate Democrats have been blasting Big Oil for not reinvesting enough of their profits into developing new sources of energy.

It's hard not to see all the obstructionism regarding energy development as a sort of Marie Antoinette approach to fuel transitioning: we should force conservation, force biofuels, force diesel. And we should do it on the backs of the poor and the middle class.

After all, if someone can't afford a Prius: well, fuck 'em. And, by the way: those who are suffering from the dictatorships and authoritarian governments propped up by American fuel dollars? Fuck them, too.

More:

Fortune: Why do you consider developing oil shale such a high priority?

Sen. Hatch: We have as much oil in oil shale in Utah, Wyoming and Colorado as the rest of the world's oil combined. Liberals and environmentalists can talk all they want about wind, solar and geothermal - all of which I'm for - but last time I checked, planes, trains, trucks, ships and cars don't run on electricity. 98% of transportation fuel right now is oil. Ethanol is the only real alternative, and we're seeing that ethanol has major limitations.

It's pathetic. Environmentalists are very happy having us dependent on foreign oil. They're unhappy with us developing our own. What they forget to say is that shipping fuel all the way from the middle east has a big greenhouse gas footprint too.

Fortune: Any hope of changing Sen. Salazar's mind? After all, he says he's not opposed to oil shale production in principle.

Sen. Allard: His mind seems pretty set. His argument is, if we delay this, it gives us an opportunity to phase it in gradually. But he's got it turned around. We need the rules and regulations in place first. When the oil companies go to bid on their leases, they need have some idea what their royalties might be and what their remediation requirements might be [for restoring the land at spent drilling sites].

Fortune: Have you talked to Shell about this?

Sen. Allard: We have, and they've indicated a great deal of frustration. They've put it this way: Look, we can't continue to invest millions and millions of dollars in this kind of research without seeing some light at the end of the tunnel.

Fortune: Sen. Salazar insists he just wants to take things more slowly.

Sen. Hatch: Sen. Salazar and the Colorado governor [Democrat Bill Ritter] say they don't want it to happen too fast. Well, the existing law that I sponsored [which became part of the 2005 energy act] makes it abundantly clear that each governor gets to decide how quickly developments should move forward in their respective states. [Salazar and Ritter] know that. What they're really doing is making sure that the governor of Utah and the governor of Wyoming never get to make that decision for themselves.

No blood for oil. No sweat and tears, either.

Via Insty.

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