Posted on 05/27/2011 4:15:49 PM PDT by Nachum
Now it is official: Barack Obama’s animus and actions towards our energy companies are choking off the prospects of America developing our own energy wealth.
From Steven Hayward , writing at Powerline:
It is almost as if the United States deliberately wanted to be more dependent on foreign oil. Consider that while the World Economic Forum rates the U.S. 4th in its ranking of the world's most competitive economies, it would rank far down the list if the WEF were to look at the competitiveness of the oil and gas industry in isolation. A proprietary ranking of political and investment risk for oil and gas by IHS's Petroleum Economics and Policy Solutions unit places the U.S. 44th, below several African nations such as Angola, which is ranked 18th. As an IHS analyst observes, in the U.S. "there is the constant threat of adverse contract or fiscal regime changes at both the state and federal levels of government. None of these threats or business risks is present in Angola."
Angola has a long history of political and military strife (civil wars and the like). It is an undeveloped nation with all the attendant problems involving corruption and regulatory roadblocks. Nevertheless, Barack Obama has created a regulatory regime that makes energy exploration in America a big risk for energy companies- a risk that makes Angola a far more congenial place for exploration.
(Excerpt) Read more at americanthinker.com ...
We are only behind ... Angola
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Why speculate on Obama’s reasoning for screwing over the energy companies. Just go ahead an admit that he is trying to destroy our economy for whatever stupid reason he feels he may have.
I have no problem with Barrack Hussein Obama He hates America, He hateed his mother, his Grandmother, and he is a doper who believes he is a god.
It is the enablers in the Congress that upset me. They are so set on following the party line no matter where it leads that they are selling us out to this Kenyasn Muslim.
How can that many democrats be so stupid as to see what is happening and to let it go on, and so many republicans who are either as equally stupid or worried about getting re-elected.
It is our country that is getting pulled out from beneath us.
FUBO and FUSC
Everything about America is inferior under the Øbama regime. Libtards are never comfortable at the top of the geopolitical food chain. And when conservatives rightfully regain national power, we’ll have to spend most of our time fixing what the Socialists broke...AGAIN!
It is not just the democrats.
I think I said that.
You did.
Oil is eeeeevvvvvil! We must sacrifice and scrimp by in order to show ourselves as equal to the rest of the world!
Well said.
I might add that the GOP is the party of stupid and by not fighting this bunch tooth and nail they are in bed with them.
“Everything about America is inferior under the Øbama regime. Libtards are never comfortable at the top of the geopolitical food chain. And when conservatives rightfully regain national power, we’ll have to spend most of our time fixing what the Socialists broke...AGAIN!”
This time, we should not merely treat the symptoms. We must eventually excise the cancer if we are to survive. We are still a ways from that point, but it is coming as sure as national bankruptcy and confiscations.
The reason he wants to destroy it is because he thinks that the socialists and Marxists will be the ones who come in to rebuild it.
Helloooooo...Obama only paying back his Muslim buddies the Oil Sheiks. Helllllooooo!
Obama is the44th president too. 44 reminds me of 666 and cough syrup. Obama is the devil.
They all leave Congress and go out together and laugh at you and I.
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