1.2 Million jobs... will Obama bite?

Discussion in 'Economy' started by Mr. H., Dec 3, 2009.

  1. Mr. H.
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    Mr. H. Diamond Member

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    Or does Obama just... BITE.

    With 1.2MM Energy Jobs Available, Will Obama Open OCS for Business?

    On December 3, President Obama, business and labor leaders, academics and other elected officials will gather at the White House for a jobs summit. Thomas J. Pyle, president of the Institute for Energy Research (IER), issued the following statement on the positive economic impacts that safe, responsible offshore energy exploration could have on our nation's ailing economy and our long-term energy security:

    "Affordable energy is the linchpin to a strong and prosperous nation and workforce. And there isn't an industry that can produce more good-paying jobs more quickly, especially through responsibly expanding homegrown offshore energy production. For more than 25 years, presidents and leaders in Congress -- of both political stripes -- have kept enormous amounts of America's job-creating energy resources off-limits.


    ...or will he pursue his goal of syphoning nearly $40 Billion from U.S. oil and natural gas producers in the name of "green" energies and "jobs".

    http://ipaa.org/news/docs/TaxFactsAugust2009.pdf
     
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  2. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    Obama bites. Although he holds all of these summits to make it appear that he is taking action on any given situation, he really does nothing productive. He doesn't have a clue how to be a leader and neither does any of his "czar" payroll buddies.
     
  3. Mr. H.
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    Mr. H. Diamond Member

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    No one from the oil and gas industry was invited to the "jobs summit":

    Missed Opportunity at the Jobs Summit

    API's President Jack Gerard and Devon's CEO and Chairman Larry Nichols called the White House Jobs Summit a "missed opportunity" during a conference call with reporters this morning, and wondered why the oil and natural gas industry was not invited.

    America's oil and natural industry employs and supports a total of 9.2 million U.S. jobs. It powers most of the energy that heats U.S. homes, fuels factories and offices, and gets people to home and work. It also adds more than $1 trillion to the national economy.

    Yet, Larry said today that despite the fact that the industry asked to attend today's Jobs Summit, he was not aware of anyone from an oil and natural gas trade association or a traditional energy company who had been invited.


    While Obama continues to talk out his ass, the rest of us take it IN THE ASS.
     
  4. Mr. H.
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    Mr. H. Diamond Member

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    Do the math:

    According to an economic analysis of the proven resources located on the OCS -- over the life of the production -- access to America's offshore oil and gas reserves could generate:

    •$8 trillion in additional economic output (GDP);
    •$2.2 trillion in total tax receipts;
    •1.2 million new, well-paying jobs annually across the country; and
    •$70 billion in additional wages each year.

    RIGZONE - With 1.2MM Energy Jobs Available, Will Obama Open OCS for Business?

    Oh where, oh where has my President gone?
    Oh where, oh where can he be?
    With his ears cut short and his tail cut long.
    Oh where, oh where can he be?
     
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  5. Mr. H.
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    Mr. H. Diamond Member

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    Not a word of this mentioned in Obama's jobs proposals. The guy can't see the forest for the trees.
     
  6. GHook93
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    GHook93 Aristotle

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    Nope he prefers to kill a whole lot more jobs via cap and trade!
     
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  7. Mr. H.
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    Mr. H. Diamond Member

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    Here's your chance, B.O.

    Create jobs, generate revenues for the Treasury, and cut U.S. carbon emissions...

    So come on and open U.S. waters and public lands to drilling, call off your tax-hungry dogs, reign in the enviro-whackjobs, and do what you were elected to do.

    Gas could be the cavalry in global warming fight

    An unlikely source of energy has emerged to meet international demands that the United States do more to fight global warming: It's cleaner than coal, cheaper than oil and a 90-year supply is under our feet.

    It's natural gas, the same fossil fuel that was in such short supply a decade ago that it was deemed unreliable. It's now being uncovered at such a rapid pace that its price is near a seven-year low. Long used to heat half the nation's homes, it's becoming the fuel of choice when building new power plants. Someday, it may win wider acceptance as a replacement for gasoline in our cars and trucks.

    Natural gas' abundance and low price come as governments around the world debate how to curtail carbon dioxide and other pollution that contribute to global warming. The likely outcome is a tax on companies that spew excessive greenhouse gases. Utilities and other companies see natural gas as a way to lower emissions — and their costs. Yet politicians aren't stumping for it.

    In June, President Barack Obama lumped natural gas with oil and coal as energy sources the nation must move away from. He touts alternative sources — solar, wind and biofuels derived from corn and other plants. In Congress, the energy debate has focused on finding cleaner coal and saving thousands of mining jobs from West Virginia to Wyoming.
     
    Last edited: Dec 20, 2009
  8. Neubarth
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    Neubarth At the Ballpark July 30th

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    Why don't we just cap and trade Obama?
     
  9. JeremyNight
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    JeremyNight BANNED

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    You can't blame him for anything! Simply because he did nothing! :p
     
  10. Mr. H.
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    Mr. H. Diamond Member

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    Still present in Obama's proposed budget- raising over $30 Billion by eliminating so-called "oil and gas company preferences", many of which have been part of the Tax Code for decades. Preferences which are enjoyed by most every industry in this country.

    This is how HE intends to fund the creation of "green" jobs. Kill off tens of thousands of oil industry jobs to create a government fueled empire of alternative/renewable businesses.
     

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