Posted on 02/10/2009 11:18:41 AM PST by Sleeping Freeper
WASHINGTON - The Obama administration on Tuesday overturned another Bush-era energy policy, announcing it was setting aside a draft plan to allow drilling off the Atlantic and Pacific coasts.
"To establish an orderly process that allows us to make wise decisions based on sound information, we need to set aside" the plan "and create our own timeline," Interior Secretary Ken Salazar announced in a statement.
Environmentalists and some tourism-dependent coastal states oppose the drilling, citing the potential for spills and urging an emphasis on renewable energy instead. Energy companies counter that drilling has become safer over the years and that royalties from any finds would be in the billions of dollars.
(Excerpt) Read more at msnbc.msn.com ...
The market started dropping again right after this announcement.
It was never a viable concept in the first place. There is no nation on this planet thats industrialized that is ‘energy independent’ and there never will be.
Its a fools errand talking point.
In this case, Obama is probably right. We're better off waiting a few years.
obama-gasoline is risng steadily- up 50 cents a gallon since obama took office
no one is asking why or screaming windfall profits
This means the return of $4.00 a gallon gasoline and even higher increases. I’m sure the folks in the defunct RV industry in Elkhart, IN, are happy that there is now no chance of the RV industry ever returning because of this.
Between this and the Utah lease cancellations, expect gas to rise over the $2 per gallon mark on average.
That was an answer for another question.
Try to keep your eye on the shell with the pea inside, will you?
Michael Steele should restart “Drill baby drill.
He's got to be destroying us on purpose.
Wind and solar! Where have you been. The messiah has been telling us this was our promised land to energy independence for a while now.
We don't need filthy fossil fuel from our own country to become energy independent.
(Sarcasm/Cynicism)
My head is spinning. This is like a bad movie. It really seems like there is a concerted effort to wreck our economy.
Change we can believe in! God help us.
The longer we wait,the further into the future the productive date!
based on the evidence so far,if Obama speaks,he's probably wrong.
Ken Salazar. Isn’t he the guy who said he wanted $8.00/gallon gas to make alternate energy pay?
How about we give it a try!!!!
On the plus side, he’s certainly giving future genuine conservative candidates a lot of ammo to campaign upon (probably encoded ammo at that).
Because the media are not making an issue of it and so people don't know about it. Yes, I'm saying they're too stupid to notice the price they're paying at the pump. Think about it and you'll know I'm right: people only really start complaining about the price of gas after the MSM run stories about it. Up to that point you hear very little complaining.
Of course, Obammie the Commie didn't set aside anything, except concern for America and liberty, to RUSH his Porkulis package through.
We have. Even before the insane Santa Barbara oil spill motivated ban on off shore drilling, we still had to import.
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