Posted on 06/30/2012 4:09:41 PM PDT by Hojczyk
On Thursday, the Obama administration unveiled its latest five-year oil-leasing plan, and I have to say, it looks pretty awesome — you know, as long as you’re not into creating jobs or economic growth or any other such silly material interests.
U.S. oil companies will be allowed to drill in more areas of the Gulf of Mexico but won only limited access to the Arctic under the final version of the Obama Administration’s five year drilling plan that was slammed by industry and some environmentalists.
The 2012-2017 plan calls for three potential lease sales in areas offshore Alaska but the auctions would not be held until the final years of the plan because of environmental concerns about operating in the Arctic. …
“Today, the Obama Administration has announced a bleak future for American energy production by keeping 85 percent of America’s offshore areas under lock and key and refusing to open any new areas to drilling,” said Doc Hastings, Republican chairman of the House Natural Resources Committee.
Why, why, why do we consistently take ourselves out of the game on the energy front? Worldwide demand for oil and gas is booming, and instead of taking advantage of our highly abundant natural resources and getting a hefty share of that market, we quixotically decide that we’re going to take some self-imagined high road and lead the world in the righteous quest for green energy. Drilling our own stuff would produce productive private-sector jobs, create wealth, and increase our energy security, all in one fell swoop — but because the environmental lobby gets its knickers in a twist over anything that doesn’t come from the Captain Planet earth-wind-fire-water-heart playbook, we all have to suffer.
(Excerpt) Read more at hotair.com ...
another one of these?
$9 Billion in ‘Stimulus’ for Solar, Wind Projects Made 910 Final Jobs — $9.8 Million Per Job
They have high union dues.
Sounds like, looks like, smells like, the old Soviet Union.
McCarthy was right.
A bit presumptuous to be making 5 year plans when your term is up in 6 months.
Throw that five year drilling plan out the window five minutes after the tard leaves the White House.
TOTAL BS.
This gang goes around crowing about selling leases, but will not issue permits to drill.
baraq’s media sort of misses that one.
So they get the good media spin that they are pro drilling while blocking all drilling.
nice.
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