Skip to comments.Oil Execs Say Obama Lead Us To "Energy Abyss"
Posted on 02/23/2012 5:56:23 PM PST by raptor22
Energy: Industry leaders gathered in Houston say rising fuel output comes in spite of, not because of, the president's policies and the pain at the pump will soon be excruciating.
Energy executives and other industry players gathered for the North American Prospect Expo (NAPE) in Houston shredded administration assertions that it is opening up areas for oil and gas exploration and that its policies are responsible for increased oil and gas production on President Obama's watch.
"These have been the most difficult three years from a policy standpoint that I've ever seen in my career," Bruce Vincent, president of Houston oil and natural gas producer Swift Energy, told the Houston Chronicle.
"They've done nothing but restrict access and delay permitting," he added. "The Obama administration, unfortunately, has threatened this industry at every turn."
Vincent led the voices exposing White House press secretary Jay Carney's phony assertion Wednesday when asked about gas prices soaring above $4 per gallon.
Carney said President Obama had "put in place policies that will dramatically expand the amount of exploration in the Gulf of Mexico, will expand the amount of exploration in Alaska, will expand the amount of natural gas production here in the U.S."
Really? "The administration has done everything BUT support drilling," said NAPE attendee and former Shell executive John Hofmeister. "We are on the verge of slipping into an energy abyss."
Shell has fought the administration to begin drilling in the Chukchi Sea off Alaska.
(Excerpt) Read more at news.investors.com ...
Drill, baby, drill ping
Why, Obama says the secret is in algae, don’t they know?
IOW, drill, baby, drill!
Why this isn't on the front page of every newspaper and the lead story on every news station totally escapes me.
Does this guy have naked pictures of everyone in the media??
To Obama, the secret is in bullshit.
Piled higher and deeper.
“By my plan energy prices will need to double”
Well He is succeeding, Guess that’s another one for Rush when he wished O would Fail!
“We are on the verge of slipping into an energy abyss.”
We are on the verge of slipping into an abyss on absolutely everything!!
Take heart... help is on the way..... and his name is Newt Gingrich.
President Newt Gingrich—”Our beloved republic deserves nothing less.”
Teetering on the cliff
If only we could power cars with bs....Obama would fill everyone’s tank! But, it would still stink.
Blame greedy Big Oil.
Nationalize the oil industry.
No, it's the other way around: the media all have life-size naked pictures of Zero hanging on their walls.
Gaffer's giving the tag away - use it if you will:
GAS WAS $1.85 per gallon on the day Obama was Inaugurated! - - freeper Gaffer
They made sure he got elected. Why are they whining?
The industry had a spokesman on The Factor the other night and the Bloviator made mincemeat out of him right from the gitgo. This little grey man wasn't even coherent in making the industry's case....he droned on and on without scoring a single point. O'Reilly ate him alive. It was embarrassing...and frustrating.
BO'R is a fascist statist who wants the administration to essentially control oil companies by executive fiat, i.e., their profits, their prices and the amount of their imports/exports.
Just listen to O'Reilly rant and rave when he gets started on the evil oil corporations. He wants Obama to get all their CEOs into the Oval Orifice....TO STRAIGHTEN THEM OUT, OR ELSE!
All O'Reilly needs is a little black mustache to complete the tableau when he gets going on the big-business-1%.
This is why Obama and Democrats must be sent home.
Actually, they’re trying to prop up the extension cord industries.....
One reason of thousands...