Obama releasing 30M barrels from US oil reserve to offset ME turmoil, high gas

[uscitizen]

why are the oil companies not drilling more?
They have plenty of places to drill.
Ohh the only oil is in Anwahwah?

 

[LadyGunSlinger]

why are the oil companies not drilling more?
They have plenty of places to drill.
Ohh the only oil is in Anwahwah?

You're the typical leftist Zombie with brain rot.. not too bright are ya?

» Obama Administration Blocking 103 Gulf Drilling Permits - Big Government

 

[LadyGunSlinger]

Oh, what do we have here???????

2011 April 25 Monday
Obama Blocks Arctic Oil Drilling

As the price of oil approaches levels guaranteed to bring on a recession the Obama Administration has decided to block approval of drilling for oil in the Arctic Ocean.

Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPA’s Environmental Appeals Board to withhold critical air permits. The move has angered some in Congress and triggered a flurry of legislation aimed at stripping the EPA of its oil drilling oversight.

Shell has spent five years and nearly $4 billion dollars on plans to explore for oil in the Beaufort and Chukchi Seas. The leases alone cost $2.2 billion.

This decision won't affect Peak Oil Recession #2 (coming soon), or #3, or even #4 or #5. Exploration and creation of oil production infrastructure will takes years. Even if the the Obama administration didn't use air quality permits as a convenient excuse (the drilling site is 70 miles from closest human village of Kaktovik) we probably can't expect a substantial amount of oil from Arctic offshore for 10 years. Well, in 2021, definitely after world oil production peaks, exports from oil-producing nations will go down so much that oil from Alaska will be worth far more than it is today and it will make a big difference in our (lower) living standards.

Obama's opposition to Arctic oil development will only delay the inevitable. Once the price of oil goes above $150 per barrel and stays there the public will swing much more strongly in favor of oil drilling. This delay might even turn out to benefit us if we still haven't developed much better substitutes for oil by 2030.

ParaPundit: Obama Blocks Arctic Oil Drilling

 

[LadyGunSlinger]

Don't look now, your messiah blocked drilling even in the Pacific :

Obama Administration Blocks Offshore Drilling
by crystalclearconservative on December 2nd, 2010

Go figure!

The Obama Administration decided yesterday to block drilling and exploration off the coasts of the Gulf, Atlantic, and Pacific Oceans. This is a major blow to economic development and will result in lost job opportunities, especially here in the Commonwealth of Virginia. This also deals a major blow to energy independence.

Governor Bob McDonnell has been working tirelessly to get the Obama Administration to include Virginia in the lease sale.

Obama Administration Blocks Offshore Drilling | Crystal Clear Conservative

 

[oldsalt]

Guess you didn't live in Valdez...or Kodiak....

 

[LadyGunSlinger]

What happened to all the liberals trolling this thread??

 

[The T]

Don't look now, your messiah blocked drilling even in the Pacific :

Obama Administration Blocks Offshore Drilling
by crystalclearconservative on December 2nd, 2010

Go figure!

The Obama Administration decided yesterday to block drilling and exploration off the coasts of the Gulf, Atlantic, and Pacific Oceans. This is a major blow to economic development and will result in lost job opportunities, especially here in the Commonwealth of Virginia. This also deals a major blow to energy independence.

Governor Bob McDonnell has been working tirelessly to get the Obama Administration to include Virginia in the lease sale.

Obama Administration Blocks Offshore Drilling | Crystal Clear Conservative

Bringing us down...by design...

 

[LadyGunSlinger]

Don't look now, your messiah blocked drilling even in the Pacific :

Obama Administration Blocks Offshore Drilling
by crystalclearconservative on December 2nd, 2010

Go figure!

The Obama Administration decided yesterday to block drilling and exploration off the coasts of the Gulf, Atlantic, and Pacific Oceans. This is a major blow to economic development and will result in lost job opportunities, especially here in the Commonwealth of Virginia. This also deals a major blow to energy independence.

Governor Bob McDonnell has been working tirelessly to get the Obama Administration to include Virginia in the lease sale.

Obama Administration Blocks Offshore Drilling | Crystal Clear Conservative

Bringing us down...by design...

It's all purposeful. The Obama Regime and their liberal cohorts cannot convince Americans that "CLIMATE CHANGE, GLOBAL WARMING" is real.. we've all seen the proof of manipulated science.. so Obie has constructed through a power door power grab at the EPA, a way to shove Cap-N-Trade down our throats.. the scheme is nothing more than WEALTH DISTRIBUTION on a global scale.. by having to purchase carbon credits, corporations which operate world wide, would now be beholden to the mighty UN and all the corrupt politicians who manipulated the policy in order to do business.. they would need to grease politicians pockets in order to avoid fines, more carbon credits necessary, etc.. By making energy so outrageously expensive, the consumer is dependent upon Uncle Sam for any relief in any form, to include government energy assistance.. They think they're smart but Americans have awoken from a deep slumber to find the Leftist in this nation intent on destroying and controlling Capitalism as the see fit.. "I can see 2012 from my window."

 

[The T]

Don't look now, your messiah blocked drilling even in the Pacific :

Obama Administration Blocks Offshore Drilling
by crystalclearconservative on December 2nd, 2010

Go figure!

The Obama Administration decided yesterday to block drilling and exploration off the coasts of the Gulf, Atlantic, and Pacific Oceans. This is a major blow to economic development and will result in lost job opportunities, especially here in the Commonwealth of Virginia. This also deals a major blow to energy independence.

Governor Bob McDonnell has been working tirelessly to get the Obama Administration to include Virginia in the lease sale.

Obama Administration Blocks Offshore Drilling | Crystal Clear Conservative

Bringing us down...by design...

It's all purposeful. The Obama Regime and their liberal cohorts cannot convince Americans that "CLIMATE CHANGE, GLOBAL WARMING" is real.. we've all seen the proof of manipulated science.. so Obie has constructed through a power door power grab at the EPA, a way to shove Cap-N-Trade down our throats.. the scheme is nothing more than WEALTH DISTRIBUTION on a global scale.. by having to purchase carbon credits, corporations which operate world wide, would now be beholden to the mighty UN and all the corrupt politicians who manipulated the policy in order to do business.. they would need to grease politicians pockets in order to avoid fines, more carbon credits necessary, etc.. By making energy so outrageously expensive, the consumer is dependent upon Uncle Sam for any relief in any form, to include government energy assistance.. They think they're smart but Americans have awoken from a deep slumber to find the Leftist in this nation intent on destroying and controlling Capitalism as the see fit.. "I can see 2012 from my window."

The sooner the Creep-In-Chief, and the Statists are voted out of office? Isn't soon enough for me.

 

[GoneBezerk]

Actually dumbfuck...the oil reserves are for a real emergency like war with China or even Iran where oil prices skyrocket higher.

Also, you dumbfuck libs always say the supply of oil has no affect on the price at the gas pump...but then you pull this shit????

Why the fuck is Obama doing this if one day he claims drilling for more oil won't change the price of gasoline....but of course dumping the oil reserves on the national supply will now work.

He just admitted he is a hypocrite. He knows more oil is good for the price at the pump, but it's only when he thinks we should have lower prices is when he'll be daddy to America.

The BEST OPTION would be to allow drilling for oil in Alaska, off Florida, off Cuba, everywhere we can and leave the damn oil reserve alone for a world wide emergency....

Let me get this straight....the right attacks Obama when oil prices are too high. They come down, but they give Obama no credit. And now through this move, oil prices are dropping sharply, and the right attacks Obama again. Is that about right?

 

[GoneBezerk]

Obama's EPA has banned oil companies from drilling in parts of Alaska even after the green light to look for it was given. Shell just spent millions and was told to stop when ready to actually drill.

Idiots like you either are living in a hole to not know these basic things or you're so fucking demented to just invent your own reality. Nobody in their right mind can claim Obama's people aren't stopping fossil fuel drilling in this country.

why are the oil companies not drilling more?
They have plenty of places to drill.
Ohh the only oil is in Anwahwah?

 

[The T]

Actually dumbfuck...the oil reserves are for a real emergency like war with China or even Iran where oil prices skyrocket higher.

Also, you dumbfuck libs always say the supply of oil has no affect on the price at the gas pump...but then you pull this shit????

Why the fuck is Obama doing this if one day he claims drilling for more oil won't change the price of gasoline....but of course dumping the oil reserves on the national supply will now work.

He just admitted he is a hypocrite. He knows more oil is good for the price at the pump, but it's only when he thinks we should have lower prices is when he'll be daddy to America.

The BEST OPTION would be to allow drilling for oil in Alaska, off Florida, off Cuba, everywhere we can and leave the damn oil reserve alone for a world wide emergency....

Let me get this straight....the right attacks Obama when oil prices are too high. They come down, but they give Obama no credit. And now through this move, oil prices are dropping sharply, and the right attacks Obama again. Is that about right?

And he's doing it so he may refer to it later as doing something (as insignifigant and bone-headed it may be ) ashe continues his campaign mode which he never left since his immacculation.

 

[Warrior102]

The last time Clinton pulled this stunt - releasing a gazillion barrels of oil - I think it lasted the American public 1.5 days.

Brilliant move....

 

[uscitizen]

I saw the crazy lady being interviewed on TV today. She had said there was on offshore permit being issued under the Obama regeim, however the number is actually around 300. And was over 200 when she said 1.

She could not answer the question as to the discrepancy.

 

[percysunshine]

The last time Clinton pulled this stunt - releasing a gazillion barrels of oil - I think it lasted the American public 1.5 days.

Brilliant move....

Hey...you just used the word 'gazillion'. That is my favorite word.

 

[PLYMCO_PILGRIM]

No one did answer me.

If releasing more supply into the market from the strategic oil reserve is a good thing then why is it also not good to drill for more oil in the alaskan tundra or offshore along with building more refineries? It does the same thing but permanently, plus it would create wealth and jobs in america.

 

[Nic_Driver]

The last time Clinton pulled this stunt - releasing a gazillion barrels of oil - I think it lasted the American public 1.5 days.

Brilliant move....

How long did it last when Bush did it?

 

[Uncensored2008]

No one did answer me.

If releasing more supply into the market from the strategic oil reserve is a good thing then why is it also not good to drill for more oil in the alaskan tundra or offshore along with building more refineries? It does the same thing but permanently, plus it would create wealth and jobs in america.

Sarah Palin is stupid!