Posted on 03/10/2010 2:20:50 PM PST by Former Military Chick
The Obama administration’s six-month delay in approving new offshore drilling leases in federal waters will become a new three-year ban, Interior Secretary Ken Salazar quietly told reporters last Friday. Which means that no new oil and gas leases will be approved during President Obama’s term even though two –thirds of the American public supports such activity, according to a December 2009 Rasmussen poll.
Sixty percent also believe that gas and oil prices will drop if the government allows offshore drilling, opening up an estimate 14 billion barrels of oil and 55 trillion cubic feet of natural gas
On July 14, 2008 President George W. Bush lifted an executive ban on Outer Continental Shelf leasing. On October 1, 2008, in a bipartisan agreement, Congress lifted another longstanding ban on new oil and gas leasing in the OCS.
Drilling was supposed to begin this July. But Salazar said he intends to discard the 2010-2015 lease plan developed by the Bush administration in favor of a new plan that won’t even go into effect until 2012.
“Secretary Salazar has finally confirmed what had long been feared – that the Obama Administration has no intention of opening up new areas for offshore drilling during his four-years in office,” said Rep. Doc Hastings, the ranking Republican on the House Natural Resources Committee.
So for the next three years and probably more, trillions of dollars in domestic energy assets will remain untouched while billions of dollars more are spent on foreign oil.
The rest of the drones won’t be awakened until gas hits $5/gal.Rising fuel prices can put a real hurtin’ on the strapped economy as is. The drones will still blame Bush and his oil croney men while the Feds grab a lionshare of petrol tax dollars. FUBAR.
This is bogus.
Get ready for it because it will be here sooner than you know.
100% approved and with consent of the governed!
You simply do not understand. Obozo will not allow off-shore drilling because it would dilute the power of his masters (Saudi’s) and because he intends to “nationalize the oil companies soon”.
Commies are not stupid, just evil. He is/was & will forever be one.
Why do you think he wants to close GUITMO? He has promised to give it back to El Hefe Fidel. Professional courtesy from one commie to another.
“I suspect there’s a little battle coming between DC and Richmond.”
Let’s hope it turns out better than the last time...
Barry’s Theme: Kill The USA!
There should be a list of outlandish things that could occur under Mr. Messiah’s watch and a betting line on the date it is to occur. We could call it Bambi’s Ashura Wish List.
. Muslims in particular use the day to commemorate the martyrdom of Hussein. http://www.bbc.co.uk/religion/religions/islam/holydays/ashura.shtml What the hell has happened to my country?
Every day, in every way, I dislike 0 more and more.
and I am suppose to be surprised at this?
this is a given along with no new nuclear power plants...just wait and see.
Obama doesn’t care about people. To him they are just pawns to use and dispose of for his purposes.
If liberals write the history about him, you will not recognize who it is.
Graham is either an idiot or a willing accomplice.
Yep. A few million in untraceable $100-$200 donations and they get hundreds of billions in return.
It is a new outrage from the WH EVERY day.
Dems and ewhacks WANT gasoline at $7 - $8 a gallon. This cannot be let go for three years.
Something tells me that it was a well calculated decision.
President Reagan declared, "The best is yet to come." I'm afraid Obama is going to declare, "You ain't seen nothing yet."
O, is one sick puppy....
Or both...
So...it’s OK for him to give money to Brazil for them to do some offshore drilling, but we’re not going to do any?
I guess once Soros buys an American oil company, he’ll make an exception.
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.