Abrignac
13 years ago
Why would a far left "green" liberal use Mideast Oil $$$ to make an anti-fracking movie? Hmmmmmm.....



Matt Damon’s Anti-Fracking Movie Financed by Oil-Rich Arab Nation
Posted By Lachlan Markay On September 28, 2012 @ 8:03 am In Energy and Environment,Featured,Scribe | No Comments


A new film starring Matt Damon presents American oil and natural gas producers as money-grubbing villains purportedly poisoning rural American towns. It is therefore of particular note that it is financed in part by the royal family of the oil-rich United Arab Emirates.

The creators of Promised Land have gone to absurd lengths to vilify oil and gas companies, as Scribe’s Michael Sandoval noted Wednesday [2]. Since recent events have demonstrated the relative environmental soundness of hydraulic fracturing – a technique for extracting oil and gas from shale formations – Promised Land’s script has been altered to make doom-saying environmentalists the tools of oil companies attempting to discredit legitimate “fracking” concerns.

While left-leaning Hollywood often targets supposed environmental evildoers, Promised Land was also produced “in association with” Image Media Abu Dhabi, a subsidiary of Abu Dhabi Media, according to the preview’s list of credits. A spokesperson with DDA Public Relations, which is running PR for the film, confirmed that AD Media is a financier. The company is wholly owned [3] by the government of the UAE.

The UAE, a member of the Organization of Petroleum Exporting Countries (OPEC), has a stake in the future of the American fossil fuel industry. Hydraulic fracturing has increased the United States’ domestic supply of crude oil and natural gas in areas such as the Bakken shale formation and has the potential to increase domestic production much more in the foreseeable future. That means more oil on the market, and hence lower prices for a globally traded commodity.

Fracking is boosting the country’s natural gas supply as well. While the market for American natural gas is primarily domestic, the Energy Department recently approved [4] Cheniere Energy’s plan to export about 2.2 billion cubic feet of liquefied natural gas per day from Louisiana. The Department is considering LNG export applications from seven other companies.

A strong global market presence for American natural gas could also work to the UAE’s disadvantage. The Arab nation ranks seventh worldwide [5] in proven natural gas reserves. For instance, Japan’s energy imports are expected to rise significantly [6] over the next five years. The country is currently a major importer [7] of UAE natural gas. If it decided to import more LNG from the United States to accommodate its increased energy demands, it could deal a blow to the UAE economy.

Another source of competition might come from other industries that use natural gas to manufacture other products. As American gas grows cheaper the United States becomes a more attractive destination for industries that manufacture petroleum-intensive products. The UAE, meanwhile, has invested billions [8] attempting to shore up its own share of the plastics and chemicals markets, both of which rely on petroleum products and are likely to gravitate towards the cheapest sources of those products.

All of this suggests a direct financial interest on the UAE’s part in slowing the development of America’s natural gas industry. Pop culture can be a powerful means to sway public opinion. While Promised Land, like anti-fracking documentary Gasland [9], appears to inflate the dangers of hydraulic fracturing, it may have an impact on the public’s view of the practice.

http://blog.heritage.org 

http://blog.heritage.org/2012/09/28/matt-damons-anti-fracking-movie-financed-by-oil-rich-arab-nation/ 


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DrafterX
13 years ago
the article explains it pretty well...

Fracking bad= more imported oil

😟
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DrMaddVibe
13 years ago
Matt Damon isn't the sharpest tool in the shed.

He supported the Kenyan King...now he doesn't...seek, and ye shall find.
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teedubbya
13 years ago
he gets hot chicks though
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teedubbya
13 years ago
or was that the other dude from good will hunting... I always get them confused
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Abrignac
13 years ago

Matt Damon isn't the sharpest tool in the shed.

He supported the Kenyan King...now he doesn't...seek, and ye shall find.

DrMaddVibe wrote:




I find it funny that rats seem to be jumping off what I hope is a sinking ship.
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Stinkdyr
13 years ago
I will wait to receive instructions from Sean Baghdad Penn.


[-o<
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teedubbya
13 years ago

I will wait to receive instructions from Sean Baghdad Penn.


[-o<

Stinkdyr wrote:




I heard Sean Penn is playing the part of DMV in the CBID movie
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DrMaddVibe
13 years ago

I heard Sean Penn is playing the part of DMV in the CBID movie

teedubbya wrote:




That's Jack Black you dolt!
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teedubbya
13 years ago

That's Jack Black you dolt!

DrMaddVibe wrote:



Sean Penn is playing the part of Jack Black? Why doesn't Jack Black just play that part?
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DrMaddVibe
13 years ago

Sean Penn is playing the part of Jack Black? Why doesn't Jack Black just play that part?

teedubbya wrote:




Sean Penn isn't even IN the movie!
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DrMaddVibe
13 years ago
Seriously...ask anyone that's met me...Jack Black could pull it off!
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teedubbya
13 years ago

Seriously...ask anyone that's met me...Jack Black could pull it off!

DrMaddVibe wrote:




The description most have given me about you is chocolate starfish but I've never seen that dude so I can't picture it
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DrMaddVibe
13 years ago

The description most have given me about you is chocolate starfish but I've never seen that dude so I can't picture it

teedubbya wrote:




[-x


I'm not Obama!
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teedubbya
13 years ago

[-x


I'm not Obama!

DrMaddVibe wrote:



Are you sure?
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DrMaddVibe
13 years ago

Are you sure?

teedubbya wrote:




Yeah.

I haven't been on a proper vacation in YEARS and I don't wake up to Chewbacca next to me
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teedubbya
13 years ago

Yeah.

I haven't been on a proper vacation in YEARS and I don't wake up to Chewbacca next to me

DrMaddVibe wrote:



Just checkin. You seem to know a lot about him.

Should the king vitamin dude or the burger king creepy dude play the part of Bloody Spamhand?
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DrMaddVibe
13 years ago

Just checkin. You seem to know a lot about him.

Should the king vitamin dude or the burger king creepy dude play the part of Bloody Spamhand?

teedubbya wrote:



He's the President...I try to keep up.


Now, Bloody? You can't talk to the World's Most Interesting Man in that fashion!
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teedubbya
13 years ago

He's the President...I try to keep up.


Now, Bloody? You can't talk to the World's Most Interesting Man in that fashion!

DrMaddVibe wrote:



you seem to be more interested in him than me

not that there is anything wrong with that

I'll bow out. Wasn't that interested in the first place8-[
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DrMaddVibe
13 years ago

you seem to be more interested in him than me

not that there is anything wrong with that

I'll bow out. Wasn't that interested in the first place8-[

teedubbya wrote:





Look...He holds beer summits...you hang out and drink beer with Ron...I hang out and drink beer with Ron..Bowing is what the Kenyan King is PERFECT at...he missed his niche...he shudda ran as a doorman in some Manhattan highrise!

Interested?

What?

Yeah, ok...whatever...for the kids...uhuhuhuhuh...meh!
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