Obama's war on oil production; another reason to vote for anyone but Obama

©2011 DiskBooks Electronic Publishing -- Move down to blog masthead and hot AntiObama Links
Review of Newt 2012 Videos

Keep Obama Off 2012 Ballot

Index of all posts

Drawbridge's Posts Concerning Obama's Alleged Criminal Activities

AntiObama Library of Must Reads

" Obama's War on Domestic Oil Production by Christopher Prandoni

This week the Department of Interior (DOI) sold its first oil lease in the Gulf of Mexico in over a year. Withholding drilling permits and canceling leases, the Obama Administration has made what was once routine nearly impossible.

Upon assuming office, President Obama cancel 31 oil and gas lease sales, delaying thousands of jobs and billions in economic activity. Not letting any crisis go to waste, the Department of Interior imposed a six month drilling moratorium on the Gulf following the Macondo disaster.

This week the Department of Interior (DOI) sold its first oil lease in the Gulf of Mexico in over a year. Withholding drilling permits and cancelling leases, the Obama Administration has made what was once routine nearly impossible.

Upon assuming office, President Obama canceled 31 oil and gas lease sales, delaying thousands of jobs and billions in economic activity. Not letting any crisis go to waste, the Department of Interior imposed a six month drilling moratorium on the Gulf following the Macondo disaster.

The Obama Administration's recent offshore drilling plan codifies the White House's anti-energy, anti-jobs position. The Obama 2012-2017 draft drilling plan closes a majority of the Outer Continental Shelf (OCS) to new energy production. In fact, less than 3 percent of America's OCS will be available for development.

While the moratorium technically ended, only a handful of permits have been issued earning this era the nomenclature, "permatorium." Compared to pre-moratorium levels, almost twice as many exploration and development plans are stuck at DOI. Approval of plans has decreased by 86 percent explaining why the median number of days for approving an exploration plan has increased from 36 to 131 days. Most telling, revenue from offshore lease sales dropped from $9.5 billion in 2008 to $36 million in 2011.

DOI Secretary Ken Salazar told Politico that "total U.S. crude oil production was higher in 2010 than in any year since 2003. The Obama administration continues to take meaningful steps to grow America's domestic energy economy and secure our energy future." While technically accurate, the increase in total US production can be completely attributed to increased production on state and private lands, like development of North Dakota's Bakken formation.

Production on federal lands, territory under Salazar's purview, has been decreasing since Obama was sworn in. The fact that America's oil output has increased is a testament to oil and natural gas companies revolutionary extracting techniques-like hydraulic fracturing-and has nothing to do with the federal government. The Obama Administration's recent offshore drilling plan codifies the White House's anti-energy, anti-jobs position. The Obama 2012-2017 draft drilling plan closes a majority of the Outer Continental Shelf (OCS) to new energy production. In fact, less than 3 percent of America's OCS will be available for development.

While the moratorium technically ended, only a handful of permits have been issued earning this era the nomenclature, "permatorium." Compared to pre-moratorium levels, almost twice as many exploration and development plans are stuck at DOI. Approval of plans has decreased by 86 percent explaining why the median number of days for approving an exploration plan has increased from 36 to 131 days. Most telling, revenue from offshore lease sales dropped from $9.5 billion in 2008 to $36 million in 2011.

DOI Secretary Ken Salazar told Politico that "total US crude oil production was higher in 2010 than in any year since 2003. The Obama administration continues to take meaningful steps to grow America's domestic energy economy and secure our energy future." While technically accurate, the increase in total US production can be completely attributed to increased production on state and private lands, like development of North Dakota's Bakken formation.

Production on federal lands, territory under Salazar's purview, has been decreasing since Obama was sworn in. The fact that America's oil output has increased is a testament to oil and natural gas companies revolutionary extracting techniques-like hydraulic fracturing-and has nothing to do with the federal government.


If you asked little Barry why all this obstructionism? He'd probably say something saving the planet from the horrors of global warming.

By the way, there is more and more scientific evidence that global warming is a hoax. The socialist democrats seize on this hoax to push their wackadoodle plans for green energy.

Any politician with half a brain knows that the market has already rejected green energy across the whole world.

Of course, intelligent politicians knows that government can only create tax-supported jobs. Only the free market creates real, self-sustaining jobs. gel

 

Keep Obama Off 2012 Ballot
G. Edwin Lint, BS, ThB, MA, -- Editor
Index of all posts
Dear President Obama, Click for Powerful Video From We the People ..
This blog provides conservative information on political, spiritual, economic, and social issues.
Jesus said: What you have said in the dark will be heard in the daylight, and what you have whispered in the ear in the inner rooms will be proclaimed from the roofs. Luke 12:3
If my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then I will hear from heaven, and I will forgive their sin and will heal their land. 2 Chronicles 7:14 (NIV)
All that is necessary for the triumph of evil is for good men to do nothing. --Edmund Burke 1729-1797
The only people who don't want to disclose the truth are people with something to hide. --B. H. Obama, 8/21/2010

AntiObama Library of Must Reads

Drawbridge's Posts Concerning Obama's Alleged Criminal Activities

Hot AntiObama Links:
Obama Congressional investigation; contact your Governor, Senators, and Representative
Obama and his profligate Government Gone Wild

Obama is educated beyond his intelligence

Obama Error: a new book
Obama Story: from Fetus to Forger

Obama: how the forgery was done
Obama: Is he a narcissist or merely narcissistic?
Obama and forger: Google found 24 million posts
Obama needs to talk to the FBI
Obama was born in Kenya and here's the proof
Here's our race card: Herman Cain for President