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Badly-Needed Alaskan Oil Is Kept From Market By Obama Decision
Investor's Business Daily ^ | November 30, 2001 | IBD staff

Posted on 11/30/2011 6:06:55 PM PST by raptor22

Energy Policy: The same administration that says we can and should get oil from the National Petroleum Reserve in Alaska is blocking a bridge needed to get it to market on environmental grounds.

In his May 14 weekly radio address, President Obama called for annual lease sales in the National Petroleum Reserve-Alaska (NPRA), not necessarily out of any conviction that increased domestic energy supply is good for prices and national security, but basically to perpetuate the myth that the oil companies refuse to drill in leased or leasable areas.

While he restricts oil production in the Gulf of Mexico and in the Beaufort and Chukchi seas off the north coast of Alaska, and imposes outright moratoriums on federal lands and off the Atlantic and Pacific coasts, Obama wants the appearance, if not the reality, of supporting domestic energy production from fossil fuels.

The NPRA, 23 million acres of North Slope wilderness, was established in 1923 by President Harding to ensure a reserve of oil for the U.S. Navy.

Obama has cited it as an example of areas where the oil companies could drill but are reluctant to, knowing full well his administration has walled off preferred areas offshore and in the Arctic National Wildlife Refuge in Alaska.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Editorial; US: Alaska
KEYWORDS: alaskaoil; anwr; bombiran; dollarcollapse; economy; energy; ibd; ibdenergy; inflation; jobs; npra; oil; petroleumreserve

1 posted on 11/30/2011 6:07:00 PM PST by raptor22
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To: raptor22

the guy ...I mean boy is despicable.


2 posted on 11/30/2011 6:16:51 PM PST by oust the louse (Obama approval ratings are so low now, Kenyans are accusing him of being born in the United States.)
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To: Nachum; markomalley; Clairity; Carlucci; grey_whiskers; meyer; WL-law; Para-Ord.45; ...

Ping


3 posted on 11/30/2011 6:28:15 PM PST by raptor22 (Join me on Twitter @gerfingerpoken)
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To: oust the louse

USA energy policy only makes sense if USA politicians are on the payroll of foreign oil countries. The soldiers of the USA die, USA tax dollars are spent, the USA military is used; all to defend oil in foreign countries.
It’s time to start waterboarding politicians.


4 posted on 11/30/2011 6:28:55 PM PST by gghd
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

Thanks for the ping raptor22

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


5 posted on 11/30/2011 6:39:27 PM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: raptor22

Yes, he is that stupid.


6 posted on 11/30/2011 6:48:20 PM PST by BerryDingle (I know how to deal with communists, I still wear their scars on my back from Hollywood-Ronald Reagan)
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To: BerryDingle

Yes, he is that stupid.


Who is stupid? Obama?


7 posted on 11/30/2011 7:02:16 PM PST by unkus (Silence Is Consent)
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To: gghd
The USA built an atomic bomb from a standing start in 4 years.

The USA put a man on the moon from a standing start in 8 years.

A couple of bicycle mechanics from Dayton, Ohio invented manned flight.

America is blessed with vast reserves of coal, natural gas, and petroleum in various forms. Technology is available to turn coal into oil and uranium into electricity. There is no technical or financial reason that the USA could not be completely self sufficient in energy in three to five years.

The only thing lacking is political will.

8 posted on 11/30/2011 7:59:17 PM PST by Former Proud Canadian (Obamanomics-We don't need your stinking tar sands oil, or the jobs that go with it.)
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To: raptor22

All part of destroying America.


9 posted on 11/30/2011 8:50:34 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: raptor22

The brilliant, very very smart, all-knowing, Progressive geniuses of the Democrat party know exactly what they’re doing; they are protecting the people from the evil, greedy, mean-spirited, hateful oil industry which is responsible for all the ills and evils in the world.

/s/

IMHO


10 posted on 12/01/2011 5:38:03 AM PST by ripley
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To: raptor22

Get this POS foreign saboteur out of the White House!!! Nov2012!!


11 posted on 12/01/2011 5:51:22 AM PST by dennisw (I heard the old man laughing What good is a used up world and how could it be worth having-Sting)
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To: raptor22
Obozo is destroying America before al Qaeda can.


12 posted on 12/01/2011 8:20:33 AM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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