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Saturday, April 09, 2011

Obama's Simply Not Telling The Truth About Domestic Oil Drilling

Now Obama is posing as the driller-in-chief.

Stung by the savvy American consumer connecting the dots between gas price pain at the pump and Obama's repeated moratoria on oil drilling, the President did what he's done so many times.  He told us his words speak louder than his actions.

In his March 30 energy speech, Obama said he supports more domestic oil drilling, and, under his leadership, domestic oil drilling is at an all-time high, but the U.S. only has 2% of the world's oil, and anyway it's the oil companies' fault because they are sitting on a zillion offshore leases that they refuse to drill.

Nonsense.  All of it—a pure head fake.

Obama has shut down, shut off, and canceled more oil drilling than any President since Carter.

After the BP oil spill last year, Obama shut down all offshore oil drilling in the Gulf of Mexico, idling 78,000 jobs and cutting off billions of dollars of tax revenue to state and local governments in the Gulf Coast region.

After U.S. District Judge Martin Feldman found the Gulf moratorium without factual basis, Obama lifted it, granted no permits, then reinstated the same moratorium.  The same judge then found the second moratorium illegal and held the administration in contempt of court for ignoring the first order.

Seven drilling rigs have left the Gulf for friendlier waters.

Obama also reversed the Bush plan to sell leases off the Atlantic and Pacific Oceans and around Alaska, even rescinding leases already granted and paid for in Alaskan waters.

It's not just oil drilling that Obama opposes.  His actions say he opposes all energy development.

A recent study by the American Consumer Institute concludes that coal, natural gas, nuclear, transmission infrastructure, and even renewables were among 351 energy projects delayed or canceled by Obama.  These projects represented 1.9 million jobs and an investment of $1.1 trillion.

More here

6 comments:

Anonymous said...

America is already one of the world's leaders in oil production yet we still lead the world in oil imports. Shouldn't this tell you that we can't drill our way out of this problem?!

lmclain said...

And where are the people who say this president is interested in making America stronger and mor energy independent?? He, just in ONE industry, cancelled 78,000 jobs and billions in revenue? Not to mention the collateral damage from the loss of thos jobs. He is a DANGER to our country. He does great speeches, loves to talk, and now that the election is coming, has even started to put his hand over his heart when the Star Spangled banner is played. Got the lapel pin going on, too. But as a leader? He's got nothin'..

Anonymous said...

1010-But don't you think one positive benefit of more domestic production, is more domestic jobs in the petro market? High paying jobs at home certainly also help an economy as well. I agree, we can't drill our way out of oil dependency, but keeping that $$$ at home is a huge benefit that is rarely spoken about.

Anonymous said...

Obama's ear get bigger every time he lies, just like PINOCCHIO.

jal said...

and yet there he still sits

Anonymous said...

I was living in Texas back when they shut down the oil rigs. They were supposed to be opened back up if our nation came upon a time like we are in now.
Open up the existing wells!
That's all we need to do!