Obama Administration Moves to Open Arctic Drilling

IBTimes ^ | August 5, 2011

[Daffynition]

In a move to expand America's domestic oil and gas exploration, the Department of the Interior began to reverse a moratorium on offshore drilling by approving Royal Dutch Shell's request to drill exploratory wells in the Arctic Ocean.

[Daffynition]

A small paragraph with a summary of this story, was attached to an article [titled:*Melting Artic opening trade routes, Russia says* in this morning's Hartford Courant*]

The article, I saw is not available on line, nor could I find the paragraph on the Tribune Newspapers site.

It's interesting that we haven't heard much about this drilling elsewhere. At least I haven't.

I have a feeling *Shell* and other investors will be so encumbered by Obama regulations, that any finds they make will not help with reducing our costs at the pump.

[bigjoesaddle]

[Freddd]

He allowed ONE permit in the Gulf...

So that can make headlines of expanding....

[mardi59]

If this jerk does start drilling it will immediately be cut off again if (God forbid) he’s re-elected.

[Daffynition]

...just in time for the election cycle. I see now.

[MNJohnnie]

It's all smoke and mirrors.

We don't need only 1 permit in the artic, we need 5000 permits all over the USA. This is just the usual nonsense to put out by the Progressive Fascist political machine to give the 0-bot media grounds to claim "see 0 opened up drilling"

[Daffynition]

Looks like Putin is all over this[link to Bloomberg article, which, I believe, is forbidden on FR]

[onedoug]

This...man does not believe in free enterprise, at all.

[RowdyFFC]

Well, notice that they’re opening the field to Royal Dutch Shell run out of the Hague, Netherlands, and not Exxon/Mobil which operates in Texas, Virginia and Canada.

Gotta keep the oil wealth out of the US, you know!

[SMARTY]

Give the guy a break!! How can he believe in free enterprise if he doesn’t know what it’s about? Seriously?

[Blood of Tyrants]

Ping when he actually issues some drilling permits. Until then, it is all bullshit.

[LibLieSlayer]

Just promising more bullsh!t that the commie fag will never honor.

LLS

[TheOldLady]

Boop His Beak!

Let Free Republic fly like an eagle

Make a one-time donation
Or sign up to donate monthly

[dadgum]

Easy now.
You’re giving commie fags a bad name.
/sarc

[LibLieSlayer]

:-)!

LLS

[Siena Dreaming]

Don't know if it's accurate, but I had read that this was a reversal of a denial that had been given Shell earlier, not a new permit.

The same story I read said that Shell had complied with the environmental regulations that had caused the previous denial.

[Daffynition]

I also read somewhere Shell had spent $2B on this site on the pre-drill exploratory phase.

[WVNan]

I have a feeling that we will see a lot of this kind of thing during the election year. Enough to get an uptick in the economy and get the one re-elected. Then watch the country go to H^^l in a handbasket.

[SunkenCiv]

Thanks Daffynition.

by approving Royal Dutch Shell's request to drill exploratory wells in the Arctic Ocean

That'll make a nice photo-op during the 2012 summer campaign run -- and after Zero wins re-election, he'll lower the boom on this.