“DOE had blown through $14.5 billion investing in and guaranteeing loans for private companies like Solyndra” — but we can’t cut from this, we need to close the White House for visitors to save money and cut our defense...
You can see where Obama’s priorities lie.
This is another dog & pony show from Obama.....
The high majority of gas & oil production in the past 4 years has been done on PRIVATE lands. Obama, Babbitt, Salazar and the entire Obama administration have done their utmost to stop any energy production on Federal lands.
They shut down the drilling in the Gulf coast by AMERICAN companies, and made things dicey enough that the drilling rigs are now working in Brazil, and we will never see them return in our lifetimes. ONLY by building MORE drilling rigs will American companies seek oil in the Gulf of Mexico.
Meanwhile, China, Venezuela and others are slant drilling into American waters and we are sucking the hind teat, again.
The ‘available leases’ anywhere on Federal lands have been offered before—in fact, almost every year of Obama being in office. The oil companies are NOT buying this smoke and mirrors. They won’t put up hard money for a lease where there is no or little likehood of any production. It is like offering a farmer that he can grow corn out here on the high desert of Nevada-—only without any irrigation or water rights. Corn won’t grow with 4 inches of precip a year.
Obama is making more face time for the networks who adore him & interrupt everything to let him have the airwaves.
I am so ‘Over-0bamaed’, I cannot switch channels fast enough.