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.
I just cant take this anymore, how can our government keep doing things that will inevitably kill the USA?! The majority of our party elected officials are apparently playing for the other team. What can we do when votes and phone calls don’t work anymore?
How about Alaska? Do states counts?
I understand what you are saying. In a free market, goods go to the highest bidder or the bidder that garnishes the largest profits for the producer.
If restrictions were removed and the cost to drill, refine, ship and sell petroleum were left to free market demand here in the US, then American companies would be able to sell oil to America for the largest profit and lowest price because of lower delivery and refining costs. Shipping and import/export costs are a factor.
The highest bidder would still be subject to the market prices. But a large infusion of supply into the market with lower costs of doing business would indeed lower the price and enable American "Big Oil" to make "obscene" profits by doing business mainly with American businesses and consumers. Higher supply spurred by American "exploitation" of our protected ice fields and ocean would add a significant boost to the world supply and tip the balance of OPEC's influence. The Middle East might actually have to start competing for customers instead of sharing them.
I expect monopolies would flourish as the "fat cats" got rich while improving the standards of living for all Americans. Then we would have to go back and enact reform to help the little guy compete.
This fantasy assumes that environuts and anti-capitolists did not exist or were relegated to irrelevance.
Ken Salazar is a God Dam Communist !! His judgment on this issue is just that Anything to hurt America he is in favor of otherwise this bastard would be whole heartily encouraging American Oil production.
Is a ‘state’ a ‘nation’?
And Alaska has to import refined gasoline, heating oil, kerosene.
Just yesterday this fake Shaman traveled to Elkhart, where the economy is dominated by manufacturers of motor homes, to seek support.
Today, he has his people put the kibash on a plan to drill for more oil, to increase supply.
This clown says anything that sounds good at the moment, to that particular audience.
All true. But would that end our largest supplier of crude oil, CANADA, from selling us oil?
Nope.
We’re on the same page as to what should be done.
If so, Texas counts, too.
The longer we wait,the further into the future the productive date!”
This is the same group that whined thru the campaigns that it will take 10 years to actually see oil flow—
so they are putting us further and further back behind the 8 ball.
Gas here in N Nevada is already over $2 a gallon, and has risen steadily since Jan 20==coronation day for the empty suit with no birth certificate.
Even beer has a “Born On Date”.
Obama just stuck a knife in the back every unemployed worker in Elkhart and flipped them the finger on their way to the ground.
are you this clueless or a lefty ?
the reason WHY oil prices dropped under Bush over the summer was the fact Pres Bush made these leases available for exploration !!!
2006 Energy Balance for Norway
http://www.iea.org/Textbase/stats/balancetable.asp?COUNTRY_CODE=NO
2006 Energy Balance for Denmark
http://www.iea.org/Textbase/stats/balancetable.asp?COUNTRY_CODE=DK
2006 Energy Balance for Saudi Arabia
http://www.iea.org/Textbase/stats/balancetable.asp?COUNTRY_CODE=SA
2006 Energy Balance for Russian Federation
http://www.iea.org/Textbase/stats/balancetable.asp?COUNTRY_CODE=RU
Alaska has six refineries. It produces more than it consumes.
I know.
Thanks idiot voters who voted Democrat or third party or stayed home.
OK, so we can all car pool during the Revolution.
They must not have listened closely though.
What I'd like to know, and I'm sure the Secret Service would be interested in knowing there's a question on this, is why would anyone on the President's staff arrange for him to visit that particular town at this particular time.
The things the Democrats have campaigned against for the last 8 years are all located in that area and were, until recently, the industrial base.
The Democrats don't like the FEMA trailers, nor customized SUVs, nor Hummers, nor large Executor type travel buses, nor.... well, you get the idea. Whatever these guys make, from educated Catholics to giant motor vehicles, the Democrats are against it.
It's a wonder they didn't have some of the local Democrat party people trying to rush the stage and get him.
This may be true but there is no reason for us to tie our economic hands behind our back in the name of the environment. Obama's edict weakens our country and helps us remain dependent on our enemies. This man is a disaster for this country.
So why do you claim they have to import?
They have refinery capacity of about 137 million barrels per year and consume about 60 million barrels per year of refined products. Even with an extremely low operating capacity margin they produce that amount easily. Which is why they are a net exporter.
http://tonto.eia.doe.gov/state/state_energy_profiles.cfm?sid=AK
Ken Salazar is a XXX XXX Communist !!
He is in good company!
They could at least defend Bambam,they helped elect this socialist president.
I don't think Russia got the word. Shortly after the Korean War, the nation that was known as the USSR run by Stalin was considered a non-oil producing state. Stalin got a peek at a report that there was viable refilling oil deposits located deeper than any previously known deposits. He began an aggressive ultra deep oil drilling program. Today, Russia is regularly tied for 1st and 2nd as the top oil producer in the world.
Just a few years ago, a new field was discovered in the Gulf of Mexico by Shell Oil (IIRC) and it's proven to have increased our reserves by over 75% but the enviro whackos won't let us drill it like it should be drilled. There is even a part of that field that is near the Florida town of Gulf Breeze and it is sitting in a bubble very near the ocean floor. There have been estimates that if it were tapped, viable oil supplies could be reaching our refineries within 18 months!
DRILL HERE, DRILL NOW!
We can in fact drill our way out of this problem. But there are too many competing globalist, socialist,elitist agendas that would be shattered if we got to complete energy independence and so it will never be allowed.
How about less dependent on energy from sources that are otherwise bent on our destruction .. will that work for you?
NAH...with UhBama gas prices will rise...fast..IMHO
They look for the very worst they can find in someone and if there’s an issue on which they do not agree, bam, throw them out. It’s called “throwing the baby out with the bathwater”.
Maybe you meant to say $3/gallon. Two dollars is only about 15¢ from where we are today and was going to happen no matter what, with summer around the corner.
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