Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Ben Ficklin

Here is one of dozens, perhaps hundreds, of such articles;

“U.S. Dithers while World Feasts on New Energy Discoveries “

From the column

“Yet here in America, our administration continues to view oil and natural gas development – and U.S.-based technological advances – with hostility. During President Obama’s tenure in office, his administration placed a moratorium on U.S. offshore oil and gas production, refused to approve the Keystone XL pipeline bringing oil from Canada to Gulf Coast refineries, issued a five-year drilling plan that puts 85 percent of the Outer Continental Shelf (OCS) off-limits to energy development, and repeatedly proposed to raise taxes on the oil industry, which would have the effect of reducing the industry’s ability to invest in the search for energy.”

http://finance.townhall.com/columnists/bobbeauprez/2012/10/04/us_dithers_while_world_feasts_on_new_energy_discoveries


46 posted on 10/07/2013 11:19:47 AM PDT by Balding_Eagle (Damn ObamaCare, full speed ahead!)
[ Post Reply | Private Reply | To 24 | View Replies ]


To: Balding_Eagle
That doesn't have anything to do with natural gas.

Don't get me wrong, those are good issues. But......

As for Keystone, it will eventually be approved. All the legal issues in Texas have been resolved and the Nebraska lawsuit is headed for court. You might want to read up on that.

As the moratorium offshore, that was for only for one year to set up the new standards, and few objected that. If you comprehend the long cycle of drilling and producing, the moratorium had little effect.

As for the 5 year offshore drilling plan, offshore drilling is determined by the states. WA, OR, CA, FL, SC, NC, NJ, MD, NY, MA, etc don't want offshore drilling so Obama or Congress will not drill there. Neither would Bush. Obama did open Chukchi and Beaufort Sea off shore Alaska, so the only state in question is Virginia. Before they can drill offshore VA they have to chart it because that hasn't been done since the early 80s. Also, Congress has to resolve the Royalty Sharing issue for VA. VA's willingness to offshore drill is predicated on VA receiving half of the federal royalty and that they can use that money for roads.

BTW, there is an article at Fuel Fix this morn in which a republican on the Texas O&G commission predicts that Obama/Moniz will issue more natural gas export permits.

57 posted on 10/08/2013 4:43:03 AM PDT by Ben Ficklin
[ Post Reply | Private Reply | To 46 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson