Posted on 03/31/2010 4:23:57 PM PDT by Kaslin
Energy: As the administration loosens restrictions on domestic energy development and offshore drilling, a reviled company develops technology to unlock America's vast shale resources. Drill, baby, drill.
We have been among President Obama's harshest critics when it comes to the administration's overly restrictive energy policy, so we were pleasantly surprised to see him announce on Wednesday some light at the end of the pipeline.
Some light, for many restrictions will remain in an energy policy best termed schizophrenic.
Speaking at Andrews Air Force Base near Washington, D.C., Obama announced the welcome news that his administration will let lease sales go forward for oil and gas exploration off the coast of Virginia. This is the first sale of offshore leases in the Atlantic in two decades.
The Interior Department will also allow seismic exploration for oil and gas in the Outer Continental Shelf — from Vice President Joe Biden's Delaware to within 125 miles of the southern tip of Florida. Hopefully, our drilling will start before the Russians, Chinese and Cubans do.
Some restrictions remain, too many in our view. While allowing an expansion in Alaska's Cook Inlet, the president, joined by Interior Secretary Ken Salazar, announced that proposed leases in Alaska's Bristol Bay would be canceled.
(Excerpt) Read more at investors.com ...
I’m sorry, but if Obama announced that the sun would rise tomorrow - I would have my doubts.
I get the feeling that this drill for oil thing is just another worthless political stunt.
There isn’t any mention who would be allowed to drill. . . domestic or foreign countries. Also, doesn’t the withdrawal of leasing rights in Alaska damage the Alaskan economy? Whatever Obama touches hurts the economy in this country.
Isn’t that his whole purpose? By destroying the economy, he is destroying this great country
I doubt to it will happen. The Enviromental wackoes will make sure it won’t
If he meant it, the greens would already be hanging him in effigy in front of the White House. Not to mention Madam Pelosi who has big wind power and Cap & Tax dollars to protect. The lyin’ Kenyon is at it again.
At least Michelle’s serious about finally curing obesity.
Refine! do it HERE.,
Naturally
Really? whatta guy, eh?
WASHINGTON, July 14, 2008
Bush Lifts Ban On Offshore Drilling
(CBS/ AP) Putting pressure on congressional Democrats to back more exploration for oil, President Bush on Monday lifted an executive ban on offshore drilling that has stood since his father was president.
http://www.cbsnews.com/stories/2008/07/14/national/main4257757.shtml
Once again the worthless POS Fearless Reader takes credit for the gutsy move of that evil "GW."
Coward.
If they drill, it has to be somewhere there is no known oil.
And then if they find any, it will be shut down like that.
It would be nice to see him drill something other than the American people for a change.
Our shuck and jive Pres__ent has turn a new phase with lying to cover his lies. ZerO dashes off to Afghanistan to give cover to his weekend recess appointments and, now, he announces using domestic energy to cover for his coming dictatorial CO2 caps.
Cap and trade will override this bait and switch anyway.
Yep, more big talk, but he don’t deliver. He should have been a Professional Wrestler
Somewhere in this there is a hook.Everything obama does has an ulterior motive.
“I doubt to it will happen. The Enviromental wackoes will make sure it won’t”
I’m sure the environmental wackos have already been given Obama’s blessing to make sure this never comes to fruition.
It’s a humbug.
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