Showing posts with label Hydrocarbon exploration. Show all posts
Showing posts with label Hydrocarbon exploration. Show all posts

Monday, September 06, 2010

Obama's Call For $50 Billion On Public Works

Official presidential portrait of Barack Obama...Image via WikipediaThis is what I am talking about.
New York Times: Obama To Call For $50 Billion Spending On Public Works: President Obama on Monday is to call for a down payment of $50 billion in government spending to start up a long-term public works plan for upgrading transportation networks — roads, rail and airport runways — over the next six years. ...... one part of a broader economic recovery package that Mr. Obama is to introduce during a speech in Cleveland on Wednesday. ..... cut existing subsidies for oil and gas exploration and production. ...... Obama wanted to rebuild 150,000 miles of roads, construct and maintain 4,000 miles of railway — enough track to span the continent — and rehabilitate or reconstruct 150 miles of airport runways
This is small, and this is not in broadband, but this is still something. This is a small step in the right direction. This is the direction to go.

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