Obama hits Americans when they're down

They let a key gas tax cut expire on January 1, 2012.

Oil prices fell from $147 to $35 on the day Bush opened up the OCS for drilling.

First off I don't think prices fell $112 when President Bush lifted the Executive Order.

Secondly, lifting the order didn't open the OCS as there were and still are laws against it. It will take congressional action.
 
They let a key gas tax cut expire on January 1, 2012.

Oil prices fell from $147 to $35 on the day Bush opened up the OCS for drilling.

First off I don't think prices fell $112 when President Bush lifted the Executive Order.

Secondly, lifting the order didn't open the OCS as there were and still are laws against it. It will take congressional action.

That ban that was imposed by congress was going to expire. The executive order that Bush lifted was the only thing standing the way.

It took less than a year for oil production to begin after the OCS ban was lifted. That was barely enough time for the speculators to sell off all the oil they were hording in "floating storage" before the new supply came on line. Selling all that oil caused the price to drop $112 from $147 to $35.

BP purchased the mineral rights to drill for oil in the Macondo Prospect at the Minerals Management Service's lease sale in March 2008. Mapping of the block was carried out by BP America in 2008 and 2009. BP secured approval to drill the Macondo Prospect from MMS in March 2009. An exploration well was scheduled to be drilled in 2009.

On 7 October 2009 the Transocean Marianas semi-submersible rig commenced drilling, but operations were halted at 4,023 feet below the sea floor on 29 November 2009, when the rig was damaged by Hurricane Ida. The Transocean Deepwater Horizon rig resumed drilling operations in February 2010.

In April 2010 BP/ Deepwater Horizon struck a huge producible oil reservoir. On April 20, 2010 an explosion on the drilling rig Deepwater Horizon occurred as it was capping the oil well so the drilling rig could detach from the well head & allow a production platform to connect. This could have started to fill tankers in short order.

The Gulf of Mexico's deep water & ultra deep water oil production went ballistic as soon as the ban was lifted.

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Anti Oil?
Then why has production INCREASED under his watch?


KAPOW!

ONE SHOT INSTA KILL!


You can always tell the rookie posters who just came over from people.com.......never realize they've wandered into a POLITICS forum. Thinks some graph from the nether-regions of the internet matter politically.


#1 story on DRUDGE right now?


$6.00 gas

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Go ask Jimmy Carter how the voters treated him when gas was the number one issue on voters minds!!!:D:D:D:coffee:
 
So from the draft plan we can clearly see Obama plans on escalating gas prices for Americans by limiting drilling, production and refining. This would seem to target the middle class in particular. It seems he is trying to create class envy and eliminate the middle class.
 
Obama hits Americans when they're down


"Earlier this month, the nation was barraged with media coverage of the Catholic Bishops’ opposition to regulations promulgated under the Affordable Care Act protecting working women’s access to contraception. The loudness of the bishops’ complaints, which were echoed by conservative luminaries ranging from Speaker John Boehner to GOP presidential frontrunners Rick Santorum and Mitt Romney, easily could have conveyed the misimpression that churches and other religious groups are at odds with the Affordable Care Act.

On Friday, however, a broad coalition of religious organizations filed an amicus brief supporting the Affordable Care Act’s Medicaid expansion that should give the lie to any claim that the faith community opposes the ACA. The brief includes a number of major religious denominations, including the policy arm of the United Methodist Church, the General Synod of the United Church of Christ and the Presbyterian Church. Additionally, the brief’s signatories include a wide range of Catholic groups."

:party:

:thewave:

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"Right HERE, Ricky!!!!!"
 
We haven't really brought up Obama's war on religion, but I guess we can go there.
 
Prices are up, so obviously production isn't high enough.

Yeah.....that's bullshit.....​

"During a discussion of gasoline prices, frequent Fox News guest Brent Bozell claimed that U.S. oil production has fallen under President Obama. In reality, the opposite is true: after increasing every year since 2009, oil production is at an eight-year high; gas prices continue to rise because they are determined by a world market, not by U.S. production."

 

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