Posted on 04/28/2011 5:48:37 AM PDT by radioone
President Obama sent a letter to Congress earlier this week urging them to “eliminate unwarranted tax breaks for the oil and gas industry, and to use those dollars to invest in clean energy to reduce our dependence on foreign oil.” Let’s leave aside for a second the fact that even after 30 years of subsidies, clean energy energy accounts for just over 1% of all U.S. energy production. If Obama really wanted to reduce our dependence on foreign oil tomorrow he could end his Gulf of Mexico permitorium on offshore drilling.
(Excerpt) Read more at washingtonexaminer.com ...
I can’t help thinking that the impositions of this wicked marxist imposter is part of God’s judgement on this country.
nobama hates you, hates your children, hates Free America, hates Americans, hates the Constitution and hates the Bill of Rights. nobama is a hate crime foisted upon America. nobama is the Destroyer.
Everything nobama does is intentional.
OJ did finally get that guy put in jail, didn't he?
If we all lived in thatch huts, had a 100W solar cell on the roof to run our three licensed outlets for lighting, planted gardens to eat, stopped driving to a place of work and instead paste pictures of our glorious leaders on the headstones of the capitalists put down by flash mobs, we’d be in a better world./S
The 0bama-Democrat-RINO (Progressive) "No Domestic Energy Policy!"
All of that puts the U.S. in a position that war for oil or
complete economic collapse will be our only choices.
You can't frustrate every source of domestic energy
without consequences. Our enemies will blackmail us
to the extent that we are vulnerable to blackmail.
0bama, the Democrats and RINOs are leading us into a real war for oil.
A war we won't have the energy to fight.
A war we don't need to fight because we have our own resources.
It Begins… First Oil Rig Relocates From Gulf to Foreign Waters
"As a result of the uncertainties surrounding the offshore drilling moratorium, we are actively seeking international opportunities to keep our rigs fully employed," Dickerson said. "We greatly regret the loss of U.S. jobs that will result from this rig relocation."
Idled Gulf Rigs Head For Africa
It is not just Gulf operations that are being effected either.
Wait and see for Shell {Shell puts Arctic drilling plans on hold, waiting on feds}
Let's not leave the refineries out.
EPA gives final "no" to Texas refinery permits
Then there are the land-based oil leases.
Judge Grills Feds on Pulling Drilling Leases"A federal judge on Wednesday questioned Interior Secretary Ken Salazar's justification for canceling 77 drilling leases sold by the Bush administration around national parks in Utah."
U.S. Saw Drill Ban Killing Many Jobs [ie. Obama KNEW he was destroying jobs, kept it secret]
Obama and O'Malley are Hurting the Poor in Md by Shutting Down Nuclear Power
Obama Administration Blocking 103 Gulf Drilling Permits February 03, 2011
Obama Clears the Way For America's 2 Largest Oil Wells to be Shutdown in Texas April 25th, 2011 (to "save" an "endangered" lizard)
EPA threatens Utah with air quality sanctions
Energy in America: EPA Rules Force Shell to Abandon Oil Drilling Plans
The fact is that oil is sold as a commodity on international exchanges. Every drop of oil that isn’t spilt is sold in the global marketplace for oil. So if an oil company pumps oil in the Gulf of Mexico, Alaska or Texas, it does not go directly to feed our addiction to oil.
Oil is “a fungible global commodity. When it comes up out of the ground, it gets sold on international exchanges.
And so, there is no such thing as reducing our dependence on “foreign” oil. There’s no barrels marked somewhere: ‘foreign.’”
To “reduce your dependence on oil, that is something you do on the demand side. It’s not something you do on the supply side.”
There isn’t enough domestic “supply to put a dent in the global escalation of prices for oil we’re going to see with China and India’s increasing demand.
And OPEC would decrease their production relative to any additional increase in U.S. oil production if there were not such a demand from the countries that we have off-shored our manufacturing to.
Full all out production in this country would only have a fractional effect on prices at the pump.
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