Time will tell. Maybe our guys will grow a set and keep Hussein’s feet to the fire. ((Thank you for your service, BTW.))
“((Thank you for your service, BTW.))”
Back at you.
IBD Editorials
Drill, Maybe, Drill
Posted 05/16/2011 06:48 PM ET
Energy: Extending existing oil leases as the president has proposed accomplishes nothing if the White House’s environmental handcuffs won’t let them be used. Lucy wants to hold the football for Charlie Brown again.
When President Obama said during his Saturday radio address that “we should increase safe and responsible oil production here at home,” the operative words were “safe and responsible.” We will drill if it’s safe for polar bears, caribou and West Texas lizards, and if it doesn’t contribute to the “climate change” myth.
Similar words were used to justify the seven-year moratorium on offshore drilling off both coasts, in the eastern Gulf of Mexico and in the seas off Alaska following last year’s Deepwater Horizon explosion in the Gulf, even though no other wells were found to be unsafe.
The Associated Press reported with a straight face that “Obama is directing his administration to ramp up U.S. oil production.” In fact, what he proposed is extending existing leases in the Gulf of Mexico and off Alaska and holding more frequent lease sales in a federal petroleum reserve in Alaska.
Using those leases is quite another matter.
Shell Oil, after investing five years and $4 billion, had to abandon attempts to drill off Alaska after Obama’s Environmental Protection Agency withheld the necessary air permits. An EPA board ruled that Shell had not taken into account the greenhouse gas emissions of an icebreaking vessel needed to plow through the Chukchi Sea to clear the way for the drilling ships...
http://www.investors.com/NewsAndAnalysis/Article/572387/201105161848/Drill-Maybe-Drill.htm