Bush 43 is reversing his own order which extended the ban until 2012.
This illustrates the folly of allowing yourself to be defined as a puppet of the oil companies. You would think that a former oil businessman turned president would bring more oil independence to our nation, but no, the opposite has happened.
Congress must still lift its own legislative ban before offshore drilling can happen. The president’s executive order is an adjunct to congress’ ban. It really will do nothing. Congress needs to act.
An example of what happens when you try to cross the ailse for a ‘new tone in Washington’ or ‘to just get along’ instead of taking care of business for the folks who elected you.
“You would think that a former oil businessman turned president would bring more oil independence to our nation, but no, the opposite has happened.”
This statement assumes several things which probably are not true. The oil industry has probably been aware of this building crisis for a while and may realize we cannot drill our way out of this problem. Alternatives are needed and most of the companies have already started to explore them, including cellulosic ethanol, solar, and biobutanol. In addition, the high oil prices are just making the oil companies richer, and pushing the public to urge their representatives to open up restricted oil land and sea. Incidentally, I don’t think that oil company profits are the chief cause of the run-up in price. For that check out the available information on oil ETFs and the supersized purchasing instruments promoted in January 2007 which are being used by non oil users. Non end users have jumped from 30% to over 70% of the oil commodity market in the past several years.
What bothers me is that folks post this stuff as if we had just won a great victory.
Folks, this is part of the reason why some of us have been livid with Bush since day one.
Here we are seven point five years down the pike, and Bush has finally pulled his head out on this issue. Rememeber the talk of that ten years it will take for us to benefit from loosening up the oil policy?
If Bush had done his job, we would be 2.5 years from nervana.
Right now we’re still ten years away. Oh yippie, we’re so lucky to have a president like this!
Bush has been a write off for about 90% of his Presidency, and he is more responsible than any other person, that we have McCain to deal with now.
Shirking your Conservative mandate, makes it so folks don’t even know what Conservatism vs Leftism means on most issues.