Good News: Oil Drilling In The Gulf Begins 11/1

bitterlyclingin

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The bad news is, its off Cuba.

While it’s been the subject of rumor, gossip and misinformation for the last several years, this time it’s real: drilling off the north shore of Cuba is scheduled to begin November 1. Six wells are planned to be drilled with this rig by the various international companies who own exploration rights off the north shore of the island



Good News: Oil Drilling Off Florida Begins Nov. 1. Bad News: It’s in Cuba. | RedState
 
(The Democrats Want Nothing To Do With This Low Hanging Fruit)

Want More Jobs? The Low-Hanging Fruit Is Energy

Everyone knows that Obama’s jobs program is a joke; but let’s assume that you actually do want to help create a million or more jobs, while simultaneously increasing government revenues by many billions of dollars. How would you do it? It’s actually easy: just stop the irrational antagonism to energy development that is America’s most glaring public policy failure.

The energy consulting firm Wood Mackenzie released a report on Wednesday that attempted to quantify the additional jobs and revenue that would result from a relaxation of the federal government’s current anti-energy policies. You can read the report in its entirety, but here is the bottom line:


Wood Mackenzie’s analysis found that U.S. policies which encourage the development of new and existing resources could, by 2030, increase domestic oil and natural gas production by over 10 million boed, support an additional 1.4 million jobs, and raise over $800 billion of cumulative additional government revenue.


Want More Jobs? The Low-Hanging Fruit Is Energy | Power Line
 

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