Posted on 03/03/2009 6:12:01 PM PST by Shellybenoit
Last week when President Obama laid out his budget the message he gave was very clear. The President willing to drastically mess with the economy to protect the environment. Obama keeps making the excuse that alternative fuel sources will help free us from foreign oil suppliers. That claim was just another lie by the President. At the same time he was making his speech his secretary of the interior was canceling 77 Utah oil and gas leases that had gone through seven years of studies, negotiations and land-use planning. In an instant, he eliminated hundreds of jobs, terminated access to vital oil and gas deposits, and deprived taxpayers of millions in lease bonus, rent, royalty and tax revenues. In short he was making us more defendant on foreign oil.
The Fact that President Obama refuses to admit is that he can make America Engergy independant with some congressional cajoling and a stroke of the pen.
There is anywhere from 18-95 BILLION Barrels of oil underneath our continental shelf. There is almost 7 TRILLION Barrels of Oil in the shale under the Rocky Mountains (to be fair, with present technology we can only get to around 800 billion barrels of it. Today America Consumes about 20 Million Barrels/day approximately 7.5 million of which we get domestically. My math tells me, using the minimum numbers (18+800 Billion- to 95 to 7,000) divided by 20 million, divided by 365 days, the US has an import free Oil reserve of 112 -972 YEARS. Or putting it another way, if we started drilling now, the NY Jets might win another Super Bowl before we run out of domestic oil:
(Excerpt) Read more at yidwithlid.blogspot.com ...
The 2008 election.
Hey Yid,
1.We should be drilling to create jobs and optimism in America.
2.We should be building nuclear power plants to create energy, jobs and optimism in America.
3.We should be drilling to get off of the Saudi oil this way we can truly confront them and put an to the Wahhabi Mosques that they are opening here.
Win, win, win.
The price of oil dropping from $150.00 to $40.00 might have a bit to do with it.
It went down the tubes with McCain
States can drill if they want to. I haven’t heard that The Messiah put the Executive Order back in place banning Offshore drilling.
California has steadfastly refused to take the oil and nat gas (but they are considering legalizing dope instead...).
Florida ought to be drilling their booties off to jumpstart oil royalties and create jobs IN FLORIDA!
We are currently drilling in New York, Pennsylvania, Wyoming, Montana, West Virginia and i think Ohio. But most of those are natural gas. The biggest oil finds are sitting right off the left coast of Florida within about 60 miles and just north of the Texas/Mexico border right on the waterline. We could be drinking their milkshakes.
During last year’s debate about oil drilling, etc. The Democrats charged that oil companies aren’t drilling on land they already had leases for. They said that they weren’t using all the land available, so there was no need to open leasing on the continental shelf, etc.
But now they are canceling leases that were already in effect. What the heck are they doing that for?
I think Obama wants us all to have windmills and solar power. I’m all in favor of solar energy development, but in the here and now, we can’t just halt all development of those allegedly evil fossil fuels.
Hamster Obamster is in charge now, and such calls just won’t do.
There was once a neat bird called the dodo too...
He is PROTECTING his Muslim brotherhood.
If you want to Drill Here, Drill Now, you will need to hope the price of oil reaches and sustains a price of more than $85.00 a barrel.
Until then, we will not Drill Here, Drill Now, because we in the oil industry cannot make money at these prices.
Juan McCain was the one who’d had to have given the issue real life the few months before the November vote. But his position was little different from Obama’s, and Drill here, Drill now died before it ever really got off the ground.
In typical McCain fashion, he squandered that great campaign issue gift and gained no advantage whatsoever from it.
Our country may be allowing the worlds resources to dwindle to the point where we are the only nation left with any substantial amount of oil and coal, which would strengthen our position in the world.
However, I fear our resources are secretly being promised to China, in return for them buying our debt, thus the Chinese oil platforms off our U.S. coasts and the push for alternative energy schemes.
What happened is the government pulled the rug from under the oil and gas industry by canceling out the Utah leases, at the same time as the industry drilled its way out of prosperity (in the US shale-gas reserves ramp-up) and simultaneously killed the world economy (with $145/bbl oil that nobody could afford = tipping point of recession). Now we have excess resource in the USA of natural gas, and an oversupply of world oil from Opec. The US oil and gas industry will die off slowly or at least consolidate substantially, while at the same time alternative energy fails to gain traction because wind and solar cannot compete with cheap natural gas and cheap coal for generating electricity.
Sarah Palin lost.
Obama, the Democrats and environmentalists are owned by the Saudis. They want to keep us as energy serfs.
This energy in the USA could reboot our economy and help get us out of debt. If we had a Reagan it could be done.
The domestic oil industry did not prosper under Reagan, in fact the industry crashed in 1986.
Not Reagan's fault but the industry did not prosper.
The new congress will kill the newly approved offshore drilling bill and it will go away so we need to get back to pushing all involved understand that we cannot be dependent on foreign oil and allow a windfall tax on the oil companies. (I got a letter from Boxer and she took pride in the fact that she sponsored that bill)
Save the offshore drilling and Help Sarah open anwr
Its all about National Defense, Drill for Oil Now
It died with our nation.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.