Posted on 09/06/2009 8:43:15 PM PDT by RobinMasters
BP has announced the discovery of yet another huge oil field in the Gulf of Mexico. At the same time, communist Russia is ready to work with Cuba to begin drilling 50 miles offshore Key West in the Gulf, and China is negotiating with Canada for the right to develop the vast oil resources in Alberta.
Still, the Obama administration has remained resolute in opposing U.S. offshore drilling, Jerome Corsi's Red Alert reports.
Found 250 miles southeast of Houston, the Tiber well was found under 4,132 feet (.8 mile) of water and was drilled to a total depth of 35,055 feet (6.6 miles), making the well one of the deepest ever drilled by the oil and natural gas industry.
Bloomberg noted that 35,000 feet is a greater height than Mount Everest.
"These material discoveries together with our industry leading acreage position support the continuing growth of our deepwater Gulf of Mexico business into the second half of the next decade," said Andy Inglis, BP's head of exploration and production, commenting on the Tiger Field oil find in the Gulf.
Still, the Obama administration opposes U.S. offshore drilling, while the British have made yet another find of massive oil reserves in the Gulf, Russia prepares to drill with Cuba off Key West and China negotiates with Canada for rights to develop Alberta's vast oil-sands resources.
"The inevitable result of Obama administration's energy policy is that U.S. dependence on foreign oil is likely to continue another four years, while Russia and China are left free to exploit for their benefit abundantly available oil and natural gas resources that should be ripe for U.S. energy development," Corsi wrote. "Thanks to a Carter administration agreement, rights to the waters between the U.S. and Cuba were split down the middle between the two countries."
(Excerpt) Read more at wnd.com ...
Carter, the President that keeps on giving. And 25 years from now, if we are still around, people will be saying the same thing about Barry.
What does a citizen have to do to help overturn our government’s ban on oil drilling?
Isn't that in international waters?
And what stops us from going outside the 'border' and drilling horizontal, anyway??
Not only that, but if cap-and-trade gets passed, we could be in a position where we’re importing COAL!
The FL Legislature passed a law to allow drilling within the mileage allowed for the state.
The bill died for some reason and stinking RINO Charlie Crist had said he would VETO it.
The state has I think from the short to 10 miles out or something. The state Senate and House has Repub majorities. Spineless fools - it could have created jobs.
The stinking cruise lines create low paying jobs and pay no income tax plus destroy the reefs. I trust the oil and energy industry more than I trust the cruise lines.
You know what has to be done, the Musies do it all the time; currently they have one of their own assisting them to destroy our infrastructure and economy from within.
i think it’s time to start a company, based in [name some country with low tax rates], get some funding, hire the experts and their teams, and just start drilling in the gulf.
of course, the price of such oil being sold to the US would rise and fall depending on which party controls the white house. price goes up during dems, and down with conservatives (note: difference from republicans)
Actually, I'm hoping that in 25 years I'll have so few brain cells left that I can forget about the man that destroyed United States...
I read the title and had to just laugh out loud! Ain’t we got a fine bunch leading this country`/
To be fair, it isn’t only obama who wants to keep the US from using our own resources. It is every liberal in Washington and every liberal in every state legislature. It is the frustratingly fringe left that values everything imaginable more than it values the well-being of Americans.
“And what stops us from going outside the ‘border’ and drilling horizontal, anyway??”
Laws, primarily the laws of physics and economics.
Im still waiting to the republicans to jump on this subject...
History will not be kind to our leaders. There is NO reasonable excuse for not drilling off our own coast like everyone else.
Dare I say, the incompetence seems almost biblical.
Corsi sure does write great fantasy.
250 miles from Houston is not the same as more than 200 miles from the closest US land.
This is in US EEZ waters.
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