International economy, don't ya know? Obama was brought up beliving, and seeking that the united States was the incarnation of evil in the world...now that HE is POTUS?Because Bush's policies of weaning us from big oil at the time were to give big oil more tax breaks, and let them do whatever the hell they please to us. At least Obama is launching significant programs to lead us to energy independence, and weaning us from our reliance on oil.
There are no programs from O that are leading us to energy independence. His delusions of fantasy world ie solar, wind are supplemental at best. If he were interested in leading us, we would be drilling more offshore leases in proven play areas where porosities and permeabilities have already been determinged through physical analysis.
That is the most imcomprehensible part of the Obama energy policy. He won't let U.S. oil companies drill in the gulf and allowed all those off shore rigs go to other countries and we'll have hell to pay to ever get them back. This has cost us millions of barrels of oil and I think thousands of jobs in some of our poorest states that really needed those jobs. And he has further targeted the oil companies, alone among industries, with significantly higher taxes.
But we're subsidzing countries like Columbia, Brazil, Venezuela, and Mexico who are drilling for oil in the Gulf as well as importing oil from them. (And who got those rigs that the Obama administration wouldn't allow here.) And the government didn't say boo to the Russians who recently announced they plan to do some drilling in the Gulf of Mexico.
Time to make the United States pay it back...to take them down a few notches and make them like everyone else.
THAT is the agenda.
Don't doubt me on this...