Even if it were a substantive move, there's a lot more to open up.
Let's not forget onshore, tar sands, and shale.
Posted on 01/03/2011 4:16:27 PM PST by 2ndDivisionVet
5 buck gasoline is a sure ticket out of town for Obama.
Faux. I read this morning in the WSJ that they will be “allowed” to resume drilling, not immeidiately, but only after fulfilling a host of new bureaucratic requirements that could take months. They are apparently quite angry at this.
Exactly correct - this move is strictly a CYA so that when gas prices shoot above $4 a gallon, they can stand around with an innocent look and say “Who, me?”.
But much of the damage is already done - the rigs that have moved, the holes that haven’t been started, the production that’s been lost, the regulatory hurdles that will discourage new permitting, and as much as anything, the debasement of the currency that affects all commodities, but especially those as essential (and as foreign-based) as oil.
Even if it were a substantive move, there's a lot more to open up.
Let's not forget onshore, tar sands, and shale.
After all this Big Oil is going to drop a dime on Obama. 5 bucks a gallon in 2012. Obama will try to squirm around and blame the Oil Companies for it. The Crats will be wailing and flailing.
He needs to be asked about the new regulations and if they have been written yet. If the regulations haven’t been written, no one can drill, no matter what he says.
..and the people not paying attention will read this headline and proclaim drilling didn't keep gas prices down. When all the while, they weren't really allowed to drill.
This reminds me of the part of Atlas Shrugged when the science institute denounced Reardend metal--but didn't really--kinda...sorta...(Anything to stop production, right?)
Our muslum in the WH is supporting the Saudi muslums in their fight for 150 oil.
Well, that’s mighty white of him.
DUH....LOSING the entire Gulf coast and all states on Mexican border was “writing on the election walls “ for the Harvard grad to read
PR Stunt. Earlier in a posting:
The Wall Street Journal reports today that, “More than two months after the Obama administration lifted its ban on drilling in the deep-water Gulf of Mexico, oil companies are still waiting for approval to drill the first new oil well there. Experts now expect the wait to continue until the second half of 2011, and perhaps into 2012.”
Not going to happen.
My guess is that it is a deflective surrender. the administration does not want this squeaky wheel to squeak anymore because congress might investigate and look deeply into what the hell was going on -the leftist lunacy that subjected Americans to an exponentially worse economic disaster than the oil spill itself alone would have caused...
Hopefully, congress will not be distracted away from prosecuting the economic war crimes that the leftists wish all to move on from with this "surrender" after defeat.
Zero is terrified that the 2% Soc Sec. Tax stunt (for 1 year) isn’t enought to cover the $5 gal gas.
When will people demand that food and energy be included in the CPI. THAT is the true realtime inflation #.
Zero is starting to back pedal...he has NO CHOICE.
Yeppers. Here's the link. There's a link there to the WSJ article. nobama is blowing smoke again. Buncha BS.
PR stunt.
My wife had a phone conversation with her sister this past weekend. Said sister is an exploration geophysicist with a MAJOR oil exploration firm in Houston. She said that the firm had gotten exactly ONE “in-US” drilling project approved since the BP fiasco. That ONE approval had had to be re-submitted TWENTY-SIX times.
So you can see from the above exactly what “allowed to drill” REALLY means.....”slow death by bureaucratic stalling”.
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