AFPM ’13: Obama ‘Dr Jekyll and Mr Hyde’ toward petchems, energy

24 March 2013 21:51  [Source: ICIS news]

SAN ANTONIO, Texas (ICIS)--President Barack Obama’s bipolar viewpoints about the US energy and petrochemical industries need to be reconciled so that they can move forward under a unified federal policy, the president of the American Fuel & Petrochemical Manufacturers (AFPM) said on Sunday.

“In my opinion, he’s been Dr Jekyll and Mr Hyde,” said Charles Drevna, who was speaking on the sidelines of the AFPM’s annual International Petroleum Conference (IPC).

“And we do like Dr Jekyll a lot better than Mr Hyde,” he said.

Drevna pointed to Obama’s inauguration address in January in which the president embraced an “all-of-the-above” energy strategy for the US. Three weeks later in his State of the Union address, the president called for more subsidies for renewable energy and action on climate change.

The divergent messages mean the US energy and petrochemical industries have a difficult time determining where the president actually stands, Drevna said.

“A major stumbling block is [discerning what] will the federal government and the Obama administration do in regard to shale gas and oil,” he said.

The IPC continues through Tuesday.


By: Jeremy Pafford
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