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Sanders wants to kill Keystone, transform system away from fossil fuels

Vermont Senator Bernie Sanders Oil & Gas 360

Vermont Senator Bernie Sanders

Vermont Senator Bernie Sanders, campaigning for the Democrat Party nomination for president, issued statements about his energy position after the administration’s Clean Power Plan was announced in August.

As quoted by the Des Moines Register, Sanders said:

“President Obama understands that climate change is the great planetary crisis facing us and that we must move boldly to transform our energy system away from fossil fuels and toward energy efficiency and renewable energy.

“We must also kill the Keystone XL pipeline which would facilitate the excavation and transportation of some of the dirtiest oil on the planet.

“… it sounds to me like a step forward in ending our dependence on fossil fuel and I support that effort.”

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Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information gathered from sources deemed to be reliable. This note is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument of any company mentioned in this note. This note was prepared for general circulation and does not provide investment recommendations specific to individual investors. All readers of the note must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. Investors should consider a company’s entire financial and operational structure in making any investment decisions. Past performance of any company discussed in this note should not be taken as an indication or guarantee of future results. EnerCom is a multi-disciplined management consulting services firm that regularly intends to seek business, or currently may be undertaking business, with companies covered on Oil & Gas 360®, and thereby seeks to receive compensation from these companies for its services. In addition, EnerCom, or its principals or employees, may have an economic interest in any of these companies. As a result, readers of EnerCom’s Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this note. EnerCom, or its principals or employees, may have an economic interest in any of the companies covered in this report or on Oil & Gas 360®. As a result, readers of EnerCom’s reports or Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this report.