Posted on 03/31/2010 6:51:06 AM PDT by tobyhill
After dispensing with a health-reform bill that mostly pleased liberals and alienated nearly all conservatives, President Obama heads back to the ideological middle Wednesday with a dramatic -- and controversial -- new plan for domestic oil exploration.
"The Obama administration is proposing to open vast expanses of water along the Atlantic coastline, the eastern Gulf of Mexico and the north coast of Alaska to oil and natural gas drilling, much of it for the first time, officials said Tuesday," the New York Times reports, adding: "The proposal -- a compromise that will please oil companies and domestic drilling advocates but anger some residents of affected states and many environmental organizations -- would end a longstanding moratorium on oil exploration along the East Coast from the northern tip of Delaware to the central coast of Florida, covering 167 million acres of ocean. Under the plan, the coastline from New Jersey northward would remain closed to all oil and gas activity. So would the Pacific Coast, from Mexico to the Canadian border." The Associated Press notes that "Obama was set to announce the new drilling policy Wednesday at Andrews air base in Maryland. White House officials pitched the changes as ways to reduce U.S. reliance on foreign oil and create jobs -- both politically popular ideas -- but the president's decisions also could help secure support for a climate change bill languishing in Congress."
(Excerpt) Read more at voices.washingtonpost.com ...
Sorry for the late reply. I had to go find ink for my printer.
Yes. Great, great news for them. And there is a lot of oil there. A lot!!!
Go to:
http://www.givot.co.il/english/index.php
Also, go to Google. Look under Israel *oil.*
By the way, a little aside here that I want to share. I was told at one place where I was looking for ink, if I take my empty cartridge, they will fill it up for half the price.
Unfortunately, They didnt have the ink cartridge on hand which I needed posthaste. They needed to call their warehouse; and starting tomorrow, Panama begins a 4-day weekend.
I am in full gear for next time. And they are only a few blocks from where I live.
That’s great I’m glad they did.
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