My first guess is that there isn’t any oil there.
Something smells?
Maybe the areas don’t have proven and economically proven reserves.
How’bout it, thack ?
President Cruz will reverse all these foolish actions, so I couldn’t care less what this dolt does or doesn’t do.
The enviro-nazis aren’t going to like this.
DISTRACTION , bait and switch
“...the plan angered green groups...”
So, who the he** are these green groups?
(4th branch of government, maybe?”
IMHO
With the price of oil as low as it is now, no one will be interested.
If this TRULY is what it appears, we should all give him a little credit for doing SOMETHING good. (first damn time I’ve ever seen it happen lol)
OK, so who is going to invest in drilling for new oil with the prices so low as they are? This asshat is being cute with this. He’s sayin’ OK, I’ll allow drilling for oil now when nobody wants to so he can blame them for not drilling.
Childish, condescending, lowlife.
Obama Opens areas for exploration .....BUT...... with regulations so thick any developer would laugh.. with a Curly(howard) salute..
That way Obama gets cudos for opening and cudos for un-opening..
Amazing how many will miss the subtly of this..
Not really THAT subtle but many are quite DULL...
Something is definitely wrong, if Hussein is pro-drilling. They must know that an economic collapse, a bad one, is imminent.
Allrighty.
So, reading this we learn:
1. 2021 is the earliest they expect a lease sale to happen.
Not exploration and drilling, only a lease, if that happens at all.
2. Only one sale each will be allowed in the Chukchi Sea, Beaufort Sea and Cook Inlet areas of Alaska.
Will there be any wells proposed or even drilled?
3. “This is a balanced proposal that would make available nearly 80 percent of the undiscovered technically recoverable resources...”
Define “technically”?
That reads “Not feasable or probable”
4. Did I mention this is a 5 year plan and they say, emphatically, “Not Final”?
5. A 50-mile coastal buffer zone would be required for lease sales in the Atlantic.
That’s only possible with “Deep Water Drilling”, which they have been adamantly against, from day one.
6. Accretive opportunity? Not this century.
7. Will definitely help supply our nation with domestic drilling? Shea right! And monkeys will fly outta my butt.
Now the problem is how to take ownership of this great idea that's working.
By opening up the previously closed Atlantic and Arctic oceans. Now it will be Obama's brilliant move that saved the nation.
He tried the same deal with the Afghanistan surge, after he saw how well the Iraq surge worked out. He sabotaged Iraq and surged in Afghanistan. Unfortunately for him that one blew up in his face.
He waits until year six of his admin when oil prices have dropped steeply to do this?
Is five years enough time?
Sounds short to me.
Wee Wille Obama- Drill for it where it ain’t.
this is an Obama head fake. The faceless bureaucrats in O’s administration will stall any permits to drill in any areas opened until the oil companies give up on plans to drill.
Permits to drill have been pending for 6+ years off Alaska’s north coast and Obummer just announced that he is making most federal land in Alaska off limits by declaring it pristine wilderness. The announcement negates a 1980 law that said only parts of the Alaska lands could be designated as wilderness closed to development.
The other reason this announcement cannot be trusted - he just shut down ANWR on the north coast of Alaska, though we know there is oil there.
And “opening it” in the Atlantic doesn’t preclude mandating decades of environmental impact studies that make it an unfair trade.
He opens up the Atlantic, then closes off a large part of Alaska????? WTF?
I agree, I smell a rat.