Discussion in 'Politics' started by Grampa Murked U, Nov 15, 2012.
How sad is it that that excites me?
But at least the trend is going in the right direction.
Oh, you mean that it is not Obama's fault?
It's 3.60.09 per gallon here.
IN SPITE of Obama!!!
"The Interior Department on Friday issued a final plan to close 1.6 million acres of federal land in the West originally slated for oil shale development.[/COLOR][/U][/I][/B]
The proposed plan would fence off a majority of the initial blueprint laid out in the final days of the George W. Bush administration.
It faces a 30-day protest period and a 60-day process to ensure it is consistent with local and state policies. After that, the department would render a decision for implementation.
Interior proposal would limit commercial oil shale development on federal lands - The Hill's E2-Wire
FACTS!!! IN spite of Obama doing LESS and LESS on Federal lands!!!WHY???
So IF the process of rapidly issuing drilling permits is done:
Obama 11% decrease in leases
In 2008 under President Bush, there were a total of 55,085 oil and gas leases in effect on federal land.
In 2011 under Obama, there were just 49,174, a decrease of 11 percent.
Obama 19% Decrease in acreage under lease
In 2008 under Bush, there were 47.2 million acres of federal land under lease.
In 2011 under Obama, there were just 38.5 million, a decrease of 19 percent.
Obama 36% reduced new leases
In 2008 under Bush, the federal government approved 6,617 oil and gas permits.
In 2011 under Obama, the federal government approved just 4,244 permits, a decrease of 36 percent.
The decrease in oil and gas leases, acres, and permits under Obama has led to a decrease in oil and gas production on federal land.
According to the Energy Information Administration, in 2010, 726 million barrels of oil were produced on federal land.
In 2011, just 626 million barrels were produced, a decrease of 14 percent.
In 2010, 5,166 billion cubic feet of natural gas were produced on federal land.
Yeah I'm not buying it either, where is it under $3.00? Notice there was no link.
Not in California it isn't.
Not in NJ where it's usually cheaper since some refineries are here.
Kansas City burbs
Hit 2.99 today.
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