US Army Retired
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This will punish the state of Texas, particularily Houston. New finds below Louisiana in Gulf of Mexico need development and many leases that were approved for drilling will be ceased. This will kill Louisianas economy and and hurt Americans all over the USA. Meanwhile Brazil will advance its offshore efforts along with Russia, and the Chinese will drill in Cuban waters horizontally near Florida siphoning Natural Resources for their energy needs as their economy grows at a substantial rate. This kind of ideology hurts all Americans with higher oil & gas prices with more money drained from America to buy foreign oil, and less jobs in the oil & gas industry. Sarah Palin warned us about this. I don't have to tell you that she would be doing the opposite pertaining to drilling offshore. She would increase it on land as well opening up millions of jobs. I am telling you that Obama is no friend to America. We need to take a stand against this Usurper and revolt against these harmful policies.
The Obama Moratorium: No offshore drilling while he?s in office | Washington Examiner
The Obama administrations six-month delay in approving new offshore drilling leases in federal waters will become a new three-year ban, Interior Secretary Ken Salazar quietly told reporters last Friday. Which means that no new oil and gas leases will be approved during President Obamas term even though two thirds of the American public supports such activity, according to a December 2009 Rasmussen poll.
Sixty percent also believe that gas and oil prices will drop if the government allows offshore drilling, opening up an estimate 14 billion barrels of oil and 55 trillion cubic feet of natural gas
On July 14, 2008 President George W. Bush lifted an executive ban on Outer Continental Shelf leasing. On October 1, 2008, in a bipartisan agreement, Congress lifted another longstanding ban on new oil and gas leasing in the OCS.
Drilling was supposed to begin this July. But Salazar said he intends to discard the 2010-2015 lease plan developed by the Bush administration in favor of a new plan that wont even go into effect until 2012. Secretary Salazar has finally confirmed what had long been feared that the Obama Administration has no intention of opening up new areas for offshore drilling during his four-years in office,
Since this is not the whole article go to link above:
The Obama Moratorium: No offshore drilling while he?s in office | Washington Examiner
The Obama administrations six-month delay in approving new offshore drilling leases in federal waters will become a new three-year ban, Interior Secretary Ken Salazar quietly told reporters last Friday. Which means that no new oil and gas leases will be approved during President Obamas term even though two thirds of the American public supports such activity, according to a December 2009 Rasmussen poll.
Sixty percent also believe that gas and oil prices will drop if the government allows offshore drilling, opening up an estimate 14 billion barrels of oil and 55 trillion cubic feet of natural gas
On July 14, 2008 President George W. Bush lifted an executive ban on Outer Continental Shelf leasing. On October 1, 2008, in a bipartisan agreement, Congress lifted another longstanding ban on new oil and gas leasing in the OCS.
Drilling was supposed to begin this July. But Salazar said he intends to discard the 2010-2015 lease plan developed by the Bush administration in favor of a new plan that wont even go into effect until 2012. Secretary Salazar has finally confirmed what had long been feared that the Obama Administration has no intention of opening up new areas for offshore drilling during his four-years in office,
Since this is not the whole article go to link above: