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Obama's Restrictive Oil/Gas Drilling Policy Will Rob $2.36 TRILLION From The US GDP
The Lid/NARUC ^ | 2/15/2010 | The Lid

Posted on 02/15/2010 4:13:45 PM PST by Shellybenoit

The Congressional Research Service (CRS) sheds light on the true picture of America's energy resources. Their assessment looks beyond the Energy Information Administration's estimates of proven reserves to include government estimates from the U.S. Geological Survey and the Minerals Management Service to find the United States total reserves. The results show the U.S. reserves of recoverable oil to be 167 billion barrels of oil, not 21 billion - nearly eight times higher than the number pedaled by Democrats. Remarkably, 167 billion is the equivalent of replacing America's current imports from OPEC countries for more than 75 years.

Despite what the President said in his State of the Union Address, the Obama administration is doing what ever they can to prevent this country from becoming energy independent by harvesting our own reserves.

(Excerpt) Read more at yidwithlid.blogspot.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: energypolicy; obama; oildrilling; opec; usresources

1 posted on 02/15/2010 4:13:46 PM PST by Shellybenoit
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To: Shellybenoit

As planned......


2 posted on 02/15/2010 4:15:21 PM PST by cranked
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To: cranked

Another par on the Obama course.


3 posted on 02/15/2010 4:15:46 PM PST by screaminsunshine
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To: Shellybenoit

Bingo! The one thing that could save America from insolvency. This is the most important thing for our country.

He is a stooge for the Saudis and Fox is a stooge for the Saudis. And the anti-birther “conservative” talk parrots are stooges for the Saudis because the Saudis own Hussein.

REAL Conservative Talk Show Hosts:
Rush, Savage, Cunningham, Malzberg, Levin, Hannity (I think), Dennis Miller.


4 posted on 02/15/2010 4:18:21 PM PST by Frantzie (TV - sending Americans towards Islamic serfdom - Cancel TV service NOW)
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To: thackney

Ping


5 posted on 02/15/2010 4:18:32 PM PST by Army Air Corps (Four fried chickens and a coke)
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To: Shellybenoit

0bama hemorrhages money faster than a retired dentist who gets bored with retirement and decides to open a restaurant.


6 posted on 02/15/2010 4:23:15 PM PST by Excuse_My_Bellicosity (Liberalism is a social disease.)
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To: Shellybenoit

Not drilling for our own oil is either plain stupid or a deliberate act to destroy America.

Perhaps a little of both.But we cannot blme this all on Obaam , the democrats in Congress and Nancy Pelosi are equally guilty.


7 posted on 02/15/2010 4:33:49 PM PST by Venturer
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To: Shellybenoit
pedaled by Democrats

peddled?

8 posted on 02/15/2010 4:41:25 PM PST by Salvey
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To: Salvey
pedaled by Democrats

peddled?

Nope - Pedaled. It's what you do when there is no oil.
9 posted on 02/15/2010 4:57:56 PM PST by tpmintx (Liberalism: Envy, backed by governmental authority. (I'm green; are you?))
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To: Shellybenoit

Need to start asking dems and republicans about drill now drill anywhere policy....


10 posted on 02/15/2010 5:02:07 PM PST by dalebert
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To: Shellybenoit

This report isn’t even counting the coal reserves, which can be turned into gas. Stupid not to break the OPEC chains.

parsy, who is amazed they are re-discovering nuclear energy


11 posted on 02/15/2010 5:05:34 PM PST by parsifal (Abatis: Rubbish in front of a fort, to prevent the rubbish outside from molesting the rubbish inside)
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To: Shellybenoit

“progressives” want to destroy the United States.


12 posted on 02/15/2010 6:02:13 PM PST by FreeAtlanta (Don't settle for less than fresh roasted coffee!)
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To: Excuse_My_Bellicosity

That sounds personal. How would you like to invest in a small coffeehouse that roasts it’s own coffee? :-)


13 posted on 02/15/2010 6:03:43 PM PST by FreeAtlanta (Don't settle for less than fresh roasted coffee!)
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