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(Obama's) Killing The Drilling
Investors.com ^ | June 4, 2010 | Investor's Business Daily staff

Posted on 06/04/2010 7:08:42 PM PDT by raptor22

The Economy: As if the latest measly numbers on our jobless recovery weren't bad enough, along comes the administration to pile disaster upon disaster by slapping a six-month ban on deep-water drilling.

When President Obama visited Louisiana on May 1, he talked about the possibility that the oil gushing from BP's Deepwater Horizon well could "jeopardize the livelihoods of thousands of Americans who call this place home." Now the administration's response could jeopardize the livelihoods of tens of thousands more.

In a letter sent to Obama on Wednesday, Louisiana Gov. Bobby Jindal challenged the president's decision to suspend deepwater drilling for six months while a presidential commission to which the buck has been passed tries to sort things out.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Extended News; Front Page News; Government; News/Current Events; US: Louisiana
KEYWORDS: agenda; anwr; arcticoil; avatar; barackhusseinobama; bhoenergy; bigoil; bobbyjindal; bp; bpspill; britishpetroleum; commie; crude; crudeoil; deephorz; deepwater; deepwaterhorizon; drillbabydrill; drillheredrillnow; drilling; drillingban; drilllikebrazil; dtillbarrydrill; economy; energy; environment; fubo; gulfoilspill; ibd; jamescameron; jindal; joblessrecovery; jobs; keepdrilling; louisiana; lyingdog; marxistprick; nonamerican; obama; obamaadministration; obamafailure; obamalegacy; obamasamerica; obamaskatrina; obamatruthfile; ocs; offshore; offshoredrilling; offshoreoil; oil; oilgate; oilrig; oilspill; petroleum; pos; shale; shaleoil; slowtorespond; titanic; traitor; unemployment; zero
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1 posted on 06/04/2010 7:08:42 PM PDT by raptor22
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To: raptor22
Barry needs to go back to herding old goats*.

*aCORNS.

2 posted on 06/04/2010 7:10:36 PM PDT by FlingWingFlyer ("A Republic, If You Can Keep It" - Benjamin Franklin)
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To: raptor22
he right on target to destroy this country from within. Why is no one talking about all the money we supposedly put away since 1994 to buy all these clean up plan.
3 posted on 06/04/2010 7:13:09 PM PDT by scooby321
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To: scooby321

This thing played right into his hands. Anyone with good sens would start drilling on land, but not the bama boy. He just stops drilling all together.


4 posted on 06/04/2010 7:14:46 PM PDT by Venturer
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To: Venturer

Cloward & Piven.

He loves this. The worse it gets tht e better.


5 posted on 06/04/2010 7:17:45 PM PDT by GlockThe Vote
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To: raptor22
Cross posted on Houston crime thread.

Expert- 25,000-80,000 Houston jobs at risk with new drilling restrictions

HOUSTON -- Houston's economy will be hit hard as the government puts new rules in place that will block all new offshore drilling in the Gulf of Mexico, according to experts.

Dr. Lee Hunt, president of the International Association of Drilling Contractors, estimated Thursday the local job losses from the expanded moratorium on drilling, which includes both deepwater and shallow-water areas, would be in the tens of thousands. "From 25,000 to 80,000 people immediately," he said. "By immediately, I mean over a 90-day period."

6 posted on 06/04/2010 7:25:21 PM PDT by MamaDearest
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To: raptor22
Cross posted on Houston crime thread today:

Expert- 25,000-80,000 Houston jobs at risk with new drilling restrictions

HOUSTON -- Houston's economy will be hit hard as the government puts new rules in place that will block all new offshore drilling in the Gulf of Mexico, according to experts.

Dr. Lee Hunt, president of the International Association of Drilling Contractors, estimated Thursday the local job losses from the expanded moratorium on drilling, which includes both deepwater and shallow-water areas, would be in the tens of thousands. "From 25,000 to 80,000 people immediately," he said. "By immediately, I mean over a 90-day period."

7 posted on 06/04/2010 7:27:03 PM PDT by MamaDearest
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To: raptor22

He is not very bright.


8 posted on 06/04/2010 7:29:01 PM PDT by Big Horn (Rebuild the GOP to a conservative party)
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To: raptor22

Hey Obama, why don’t you make the national speed limit 55, again?


9 posted on 06/04/2010 7:34:31 PM PDT by VRW Conspirator (Government does not solve problems; it subsidizes them. - Ronald Reagan)
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To: raptor22

Drill baby drill.


10 posted on 06/04/2010 7:38:37 PM PDT by Parley Baer
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To: scooby321
Yeah, what ever happend to that "Superfund", anyway?

We have a damned good idea of "what", but not "where".

11 posted on 06/04/2010 7:42:37 PM PDT by oyez (The difference in genius and stupidity is that genius has it limits.)
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To: raptor22

Not to worry, this is all going according to plan so they can declare a state of emergency once the economy collapses and demand we give them the power of Gods so they can “fix” the problem they created by further destruction of the capitalist economy.


12 posted on 06/04/2010 7:47:56 PM PDT by Cacique (quos Deus vult perdere, prius dementat ( Islamia Delenda Est ))
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To: scooby321
We have a damned sure idea for what happened to the “Superfund”, but we don't know exactly where it went. Of course the media knows, but they are not going to risk their comfort zone by disclosing anything.
13 posted on 06/04/2010 7:49:15 PM PDT by oyez (The difference in genius and stupidity is that genius has it limits.)
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To: raptor22

A crisis is a terrible thing to waste. You can do things then you otherwise would not be able to do. - Rahm Emmanuel.

Inept? Naive? Inexperienced? No, the Commie is executing his plan flawlessly.


14 posted on 06/04/2010 7:55:57 PM PDT by Mind-numbed Robot (Not all that needs to be done needs to be done by the government)
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To: raptor22

“I’ll make energy prices necessarily skyrocket...” One of the very few campaign promises the bugger is keeping.


15 posted on 06/04/2010 8:14:33 PM PDT by ProtectOurFreedom
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To: raptor22

Oil companies are going to start to pack up and move out.


16 posted on 06/04/2010 8:15:08 PM PDT by Gator113 (OBAMA THAT IS NOT SUSTAINABLE..... IMPEACH Obama NOW..)
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To: raptor22

This not something an entire nation should suffer for and if drilling offshore stops the suffering will only start in Mississippi, Louisiana and Texas. In months, when the balance begins to tip and others realize we do not have any means to dampen the market oil prices will skyrocket. obastard and his minions are intentionally destroying the economy and threatening the long term security of America.

What BP did is gross negligence. This is a once in several lifetimes event of just plain piss poor operations. They broke at least 19 standard oilfield practices. NOBODY else does this. This is not an accident and is not at all typical of the way things are done. It was at best BUNCH of blunders but more like a crime. BP has bred a culture of arrogance, independence and irresponsible operations guided by people who apparently don’t know much but process because they damn sure don’t know much about drilling. Believe me, they aren’t the best in the industry. A safety culture is no good without experience and standards that will not be violated. This disaster has been brewing for a long time.

Now would not be too soon for BP to disappear.

Things are bad in the Gulf and on the beaches now. In two years hardly a trace will remain. This is truly a press-made disaster and obastard is loving every minute of it. His minions are getting their tree hugging dreams fulfilled and he and his puppet masters are getting their dreams of a devastated America.


17 posted on 06/04/2010 8:22:29 PM PDT by Sequoyah101 (Half of the population is below average)
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To: raptor22

This not something an entire nation should suffer for and if drilling offshore stops the suffering will only start in Mississippi, Louisiana and Texas. In months, when the balance begins to tip and others realize we do not have any means to dampen the market oil prices will skyrocket. obastard and his minions are intentionally destroying the economy and threatening the long term security of America.

What BP did is gross negligence. This is a once in several lifetimes event of just plain piss poor operations. They broke at least 19 standard oilfield practices. NOBODY else does this. This is not an accident and is not at all typical of the way things are done. It was at best BUNCH of blunders but more like a crime. BP has bred a culture of arrogance, independence and irresponsible operations guided by people who apparently don’t know much but process because they damn sure don’t know much about drilling. Believe me, they aren’t the best in the industry. A safety culture is no good without experience and standards that will not be violated. This disaster has been brewing for a long time.

Now would not be too soon for BP to disappear.

Things are bad in the Gulf and on the beaches now. In two years hardly a trace will remain. This is truly a press-made disaster and obastard is loving every minute of it. His minions are getting their tree hugging dreams fulfilled and he and his puppet masters are getting their dreams of a devastated America.


18 posted on 06/04/2010 8:22:56 PM PDT by Sequoyah101 (Half of the population is below average)
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To: raptor22
Come 'n listen to my story of a man named Barack
poor Kenyan kid spent the country into hock
And then one day while he was fundraisin', dude
well up from the Gulf came a bubblin' crude
(oil, that is. Pollutant, for SUVs)
Well the first thing you know, the folks began to stare
His pollsters said, "Barack! Stay away from there!"
They said to Chicago is the place that you should ride
so he got on Air Force One and he flew on up to Hyde
(Park, that is. Ex-terrorists, hate preachers.)

(The Washington Home-boys)

Cheers!

19 posted on 06/04/2010 8:24:25 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: raptor22

This not something an entire nation should suffer for and if drilling offshore stops the suffering will only start in Mississippi, Louisiana and Texas. In months, when the balance begins to tip and others realize we do not have any means to dampen the market oil prices will skyrocket. obastard and his minions are intentionally destroying the economy and threatening the long term security of America.

What BP did is gross negligence. This is a once in several lifetimes event of just plain piss poor operations. They broke at least 19 standard oilfield practices. NOBODY else does this. This is not an accident and is not at all typical of the way things are done. It was at best BUNCH of blunders but more like a crime. BP has bred a culture of arrogance, independence and irresponsible operations guided by people who apparently don’t know much but process because they damn sure don’t know much about drilling. Believe me, they aren’t the best in the industry. A safety culture is no good without experience and standards that will not be violated. This disaster has been brewing for a long time.

Now would not be too soon for BP to disappear.

Things are bad in the Gulf and on the beaches now. In two years hardly a trace will remain. This is truly a press-made disaster and obastard is loving every minute of it. His minions are getting their tree hugging dreams fulfilled and he and his puppet masters are getting their dreams of a devastated America.


20 posted on 06/04/2010 8:25:28 PM PDT by Sequoyah101 (Half of the population is below average)
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To: GlockThe Vote

Just testing — haven’t seen my last couple of posts...?


21 posted on 06/04/2010 8:25:53 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: raptor22

People wind up begging him to do exactly what he wants to do, shut down all the gulf drilling. He wants $8/gallon gas.


22 posted on 06/04/2010 8:28:26 PM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: raptor22
Come 'n listen to my story of a man named Barack
poor Kenyan kid spent the country into hock
And then one day while he was fundraisin', dude
well up from the Gulf came a bubblin' crude
(oil, that is. Pollutant, for SUVs)
Well the first thing you know, the folks began to stare
His pollsters said, "Barack! Stay away from there!"
They said to Chicago is the place that you should ride
so he got on Air Force One and he flew on up to Hyde
(Park, that is. Ex-terrorists, hate preachers.)

(The Washington Home-boys)

Cheers!

23 posted on 06/04/2010 8:29:30 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: raptor22

Something that has been a burr under MY saddle regarding this BP oil rig problem, and Zero and his crew doing nothing but bad-mouthing BP, and threatening them, while the price of BP stock goes into the toilet, the way it LOOKS like they WANT to destroy BP as a corporation.

How could we find out WHO has been SHORTING BP stock since about the time the oil rig exploded? How many White House insiders have gone short on BP stock?

That would be similar to the way Shrillery Clinton shorted pharmaceutical stocks while bad-mouthing them and predicting a takeover of them in 1993..........before HER government healthcare plan was shot down, that is.


24 posted on 06/04/2010 8:33:24 PM PDT by Tucker39
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To: GlockThe Vote

It will be his own destruction.


25 posted on 06/04/2010 8:43:01 PM PDT by Eagle Eye (A blind clock finds a nut at least twice a day.)
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To: Cacique

Well that’s not a good road to go down...What then can WE do to prevent that from becoming a reality?


26 posted on 06/04/2010 11:43:42 PM PDT by American Bulldog777
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To: oyez

SuperFund? Please do tell?


27 posted on 06/04/2010 11:45:14 PM PDT by American Bulldog777
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To: raptor22
Another convenient crisis fitting right into his plans. Maybe just a little too convenient just like the economy melt down just in time for him to exploit to help him into the Presidency.

I'm not one of those people who think that there are no such things as conspiracies. Conspiracies are ramped in history and this country is not immune to exceedingly evil people without regard for human life doing whatever it takes to get power. I believe that communist inspired infiltrators are in all levels of politics, companies and even churches. I believe that they are orchestrated and ready. At their heart they may also be Satan worshipers who true goals are to fulfill the devil's purposes. In the end everything boils down to what is going on in the unseen world of the spiritual. It is good vs. evil. Thank God in the end it is good that wins.

28 posted on 06/04/2010 11:46:22 PM PDT by Bellflower (If you are left DO NOT take the mark of the beast and be damned forever.)
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To: Cacique

see my tagline


29 posted on 06/04/2010 11:47:14 PM PDT by 21twelve ( UNINTENDED CONSEQUENCES MY ARSE: "..now begin the work of remaking America."-Obama, 1/20/09)
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To: grey_whiskers

He Should have gone to Arlington Mem.Cem...or Did he and I just don’t know about it?


30 posted on 06/04/2010 11:50:36 PM PDT by American Bulldog777
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To: Bellflower

Good Will Win in The End!!!


31 posted on 06/05/2010 12:04:46 AM PDT by American Bulldog777
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To: 21twelve

My Arse is correct in my opinion...Lets HOPE...HARP...HAMP...Oh Sorry I really Meant Hope?

PRAY


32 posted on 06/05/2010 12:08:29 AM PDT by American Bulldog777
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To: markomalley; Carlucci; grey_whiskers; meyer; WL-law; Para-Ord.45; 70th Division; 2ndDivisionVet; ...

Ping


33 posted on 06/05/2010 4:59:44 AM PDT by raptor22 (The truth will set us free)
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To: MamaDearest
HOUSTON -- Houston's economy will be hit hard as the government puts new rules in place that will block all new offshore drilling in the Gulf of Mexico, according to experts.

Houston is gong to be double whammied this fall when the Johnson Space Center, along with the Kennedy Space Center, gets virtually shut down due to obama's new so-called "Space Program" ("Maybe we can go to an asteroid")

This fall, EVERY SINGLE PERSON at the Kennedy Space Center will be fired. Then they can 'reapply' for jobs - at entry level pay, insurance, etc...7,000 will remain unemployed. An additional upwards of 35,000 base-dependent area jobs will be lost, plunging the area into a 15-18% unemployment. (The same scenario for Houston.)

Now add the tragic economic losses coming from the oil spill - including the beaches, ALL of Florida's beaches are threatened as the Gulf stream carries the oil down the west coast, around and up the east coast.

But hey, most of these states whose shores - and economy - are being devestated were "red" states. (Like Tennesee and Kenntucky, who are still pulling out of the devastating 500 year flood. NO FEMA, not even acknowledgement for days from obabma - then just a glancing remark. NO HELP. People flooded out of their homes, loss of power, etc etc - NOT important in red states?)

Let them eat cake.

34 posted on 06/05/2010 5:33:45 AM PDT by maine-iac7
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To: Parley Baer

This is going to be an interesting issue to see Palin try to pivot and lead on. It could cut for or against her depending on how she handles it—and I’m not betting against her.


35 posted on 06/05/2010 5:34:57 AM PDT by 9YearLurker
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To: Gator113

yup, right you are, they are already planning on moving the rigs to other parts of the world and drill. Right now, we get one third of our oil from the GOM.


36 posted on 06/05/2010 5:37:09 AM PDT by FBD (My carbon footprint is bigger then yours)
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To: Sequoyah101
Who are BP’s bedfellows - the ‘big oil’ guys?

Bush and Cheney are at fault here, says obama.

Why isn't the press hammering the truth on this one?

http://www.reuters.com/article/idUSTRE64420A20100505

“Obama biggest recipient of BP cash” - for years.

And the WH recently WAVIED scheduled inspections on the rig - indeed, were on their way there to give them an award.

HELLO? hello? anybody there....

and here's another “smoking gun” - which of course, has been all over the news (NOT)
It seems that the rig was due a visit from the WH folk bearing an award, the same WH who waived the scheduled inspections. Was this part of the reason BP gambled and ignored Schlumberger's warning? (Company calls for helo to get it's people OFF THE RIG - just before it blew.)

http://www.thomhartmann.com/forum/2010/05/smoking-gun-bps-deep-horizon-mess

37 posted on 06/05/2010 5:54:41 AM PDT by maine-iac7
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To: MamaDearest

Gov. Perry is right. Obama is out to bring down Texas.


38 posted on 06/05/2010 5:56:54 AM PDT by jersey117
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To: scooby321
Why is no one talking about all the money we supposedly put away since 1994 to buy all these clean up plan.

The Oil Spill Liability Trust Fund (OSLTF)
http://www.uscg.mil/npfc/About_NPFC/osltf.asp

History of the Fund

In August 1990, when President George H. W. Bush signed the Oil Pollution Act (OPA) into law and authorized use of the Oil Spill Liability Trust Fund (OSLTF), the Fund was already four years old. Congress created the Fund in 1986, but did not pass legislation to authorize the use of the money or the collection of revenue necessary for its maintenance. It was only after the Exxon Valdez grounding and the passage of OPA that authorization was granted.

The largest source of revenue has been a 5-cent-per-barrel tax, collected from the oil industry on petroleum produced in or imported to the United States. The tax was suspended in July 1993 because the Fund reached its statutory limit. It was reinstated in July 1994, when the balance declined below $1 billion, but expired at the end of 1994 because of the sunset provision in the law. The 2005 Energy Policy Act again reinstated the tax (effective April 2006).

39 posted on 06/05/2010 6:04:13 AM PDT by thackney (life is fragile, handle with prayer)
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To: jersey117

“Gov. Perry is right. Obama is out to bring down Texas.”

Texas!! Hell! He’s bringing down the whole country!!


40 posted on 06/05/2010 6:09:15 AM PDT by kenmcg
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To: kenmcg

True - he is bringing down the whole country. But Texas has been one of the least affected in the housing and job markets. They have been weathering the economic downturn pretty well.


41 posted on 06/05/2010 6:13:24 AM PDT by jersey117
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To: raptor22
$10.00 per gallon will hurt Europe more than $5.00 will hurt the U.S. Many of those already struggling will be taken out. Liberals might as well send tanks and thugs after the property they are stealing.

Gas prices

42 posted on 06/05/2010 9:47:07 AM PDT by alrea (Kagan has never been a judge and only practiced law for a brief period.)
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To: Sequoyah101; All

Why is that BP was forced to drill 50 miles offshore in 5,000 feet of water? Because environmentalists and Democrats won’t let them drill in ANWR on dry land oe exploit our shale deposits rich in oiL and natural gas. Spills there are manageable. But nooooooo! Who was the largest recipient of BP campaign cash? Barack Hussein Obama. Mmmm mmmm mmmm. Maybe Greenpeace and the Sierra Club can clean up the tar balls they helped create.

http://www.freerepublic.com/focus/f-news/2525620/posts


43 posted on 06/05/2010 12:26:09 PM PDT by raptor22 (The truth will set us free)
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To: FlingWingFlyer

I suspect Barry would like to do more than “herd” the goats.


44 posted on 06/05/2010 3:04:15 PM PDT by mojitojoe (banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson)
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To: Sequoyah101

Mississippi, Louisiana and Texas.
______________
hell, you think Barry cares about those bible thumping, gun toting red states that can’t stand him and his pinko globalist cronies?


45 posted on 06/05/2010 3:06:14 PM PDT by mojitojoe (banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson)
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To: raptor22

Reply deleted before posting to preserve the physical liberty of this FReeper.

Grumble, grumble.


46 posted on 06/05/2010 3:19:42 PM PDT by savedbygrace (Rev 22:20 He which testifieth these things saith, Surely I come quickly. Amen. Even so, come, Lord)
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To: Sequoyah101
"obastard and his minions are intentionally destroying the economy and threatening the long term security of America."

I wish someone would give him a taste of his own medicine.

47 posted on 06/05/2010 3:34:35 PM PDT by Soothesayer9
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To: GlockThe Vote

Guys nuts


48 posted on 06/05/2010 3:48:01 PM PDT by colonialhk (Elect Veterans not Lawyers)
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To: Sequoyah101
“Things are bad in the Gulf and on the beaches now. In two years hardly a trace will remain.”

I just saw a Ph.D. from LSU say that bio-remediation using microbes to eat the oil could clean up the mess in six weeks.

This all sounds too good to be true, but I hope it will be.

Do you have any websites / links to recommend?

49 posted on 06/05/2010 3:48:27 PM PDT by cpforlife.org (A Catholic Respect Life Curriculum is available FREE at KnightsForLife.org)
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To: scooby321

The plan from 1994 was not used as it would interfer with obama’s green agenda. I believe that there needs to be a non-government investigation into the “accident” obama “luck “ with this happening just after he says that we might start drilling again is unusual if not strange. obama “luck” is like a person drawing six aces in a five card stud game. Something smells!!


50 posted on 06/05/2010 3:50:07 PM PDT by omegadawn
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