1.2 Million jobs... will Obama bite?

[Mr. H.]

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

 

[Big Black Dog]

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.

 

[Mr. H.]

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.

 

[Mr. H.]

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?

 

[Mr. H.]

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

 

[GHook93]

Nope he prefers to kill a whole lot more jobs via cap and trade!

 

[Mr. H.]

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.

 

[Neubarth]

Nope he prefers to kill a whole lot more jobs via cap and trade!

Why don't we just cap and trade Obama?

 

[JeremyNight]

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.

You can't blame him for anything! Simply because he did nothing!

 

[Mr. H.]

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.

You can't blame him for anything! Simply because he did nothing!

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.

 

[Neubarth]

All the orchestrated news releases out of Washington say we are in a prolonged recovery. Unfortunately, the data simply do not substantiate that.

Oh well, if enough people buy worthless stocks, we just might be able to buy our way out of the Depression. At least that is what it appears that Obama thinks. Or does he think at all?

 

[Mr. H.]

Why am I not surprised at this development? The Bam Clan is determined to kill jobs, not create them; and in the process make the U.S. even more dependent on imported energy:

Salazar to Toughen US Drilling Rules

(More story at the link)

Interior Secretary Ken Salazar is expected to announce Wednesday that his agency will require oil and natural-gas companies to clear more regulatory hurdles before they are allowed to drill on federal lands.

Mr. Salazar's action is likely to make it more difficult for the U.S. Bureau of Land Management to fast-track the permitting of oil and gas projects on federal land. BLM field staffers would be required to seek additional approvals from their supervisors and to undertake more visits to areas where energy companies are seeking access, according to people familiar with the matter.

The BLM manages more than 260 million acres of federal land, and with it, a significant chunk of U.S. energy supplies. Domestic production from federal onshore oil and gas wells accounts for 11% of U.S. natural-gas supplies and 5% of the nation's oil.

The Obama administration is already locked in a bitter fight with the oil and gas industry over proposals to raise billions of dollars in additional taxes from energy companies, and to cap the emissions of gases caused by burning fossil fuels, which have been linked to global warming.

 

[Old Rocks]

Why should we fund more fossil fuel foolishness?

Wind, Geothermal, Solar, and Nuclear. Leave the dirty fuels behind.

 

[Neubarth]

As cold as things have become weather wise, we need to help warm up the planet. I say BURN fossil fuel until there is no tomorrow. Any more of this Global Warming will result in severe frost damage in the tropics.

 

[Old Rocks]

And there will be no tomorrow for the present civilization that we enjoy if that is done.