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Obama OKs Oil Exploration Along Atlantic Coast, But Not Drilling
ABC News via Yahoo! News ^ | March 8, 2012 | Devin Dwyer

Posted on 03/28/2012 3:23:03 PM PDT by Oldeconomybuyer

The Obama administration today endorsed new oil and gas exploration along the Atlantic Coast, setting the stage for possible future drilling lease sales.

The announcement by the Interior Department sets into motion what will be at least a five year environmental survey to determine whether and where oil production might occur.

There are also no guarantees the administration will approve drilling permits at the end of the environmental review.

"The president's actions have closed an entire new area to drilling on his watch and cheats Virginians out of thousands of jobs," said Rep. Doc Hastings, R-Wash., who chairs the House Natural Resources Committee.

The announcement "continues the president's election-year political ploy of giving speeches and talking about drilling after having spent the first three years in office blocking, delaying and driving up the cost of producing energy in America," he said.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: dilling; dncrico; energy; failure; obamavsamerica; obamavsamericans; payoffs4oil; tyranny
Pathetic.
1 posted on 03/28/2012 3:23:09 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Same as his longstanding policy with the Wookie.


2 posted on 03/28/2012 3:24:50 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: Oldeconomybuyer

A swing and a miss.
Hopefully, it will only tie things up till next year.


3 posted on 03/28/2012 3:26:00 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Oldeconomybuyer

Exploration is OK, but actually DRILLING (the only way to actually access the oil) is not?

Insanity (Actually - just more proof of Obama as a fraud and as anti-USA as any official in the Kremlin). Of course, stupid Americans will still vote for him because they are... well... stupid.


4 posted on 03/28/2012 3:28:44 PM PDT by TheBattman (Isn't the lesser evil... still evil?)
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To: Oldeconomybuyer

Just more misdirection


5 posted on 03/28/2012 3:31:38 PM PDT by molson209
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To: BenLurkin

Sheesh. I can explore a new girlfriend, that doesn’t mean I’m drilling. Give me a break.


6 posted on 03/28/2012 3:34:05 PM PDT by goseminoles
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To: Oldeconomybuyer
Obama OKs Oil Exploration Along Atlantic Coast, But Not Drilling

He's posturing for running against Romney by taking Romney's political talking points away by saying and not doing or doing and not saying.

Mitt has met his match!

7 posted on 03/28/2012 3:36:28 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Oldeconomybuyer

Where I come from drilling is exploration. The only way to truly explore and find out if there are commercial quanities oil is to drill.


8 posted on 03/28/2012 3:39:58 PM PDT by Okieshooter
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To: Oldeconomybuyer

What is the point of exploration if no drilling or extraction ever comes of it?

Surprising little fact: There are pockets of oil in some of the geosynclines between the various mountain ranges in Nevada, which, though relatively small as oil fields go, are intensely productive on a per-acre basis. Because of the frequent seismic activity in the state, these pockets are sometimes very fragmentated, but the sheer wealth of a discovered pocket may make recovery highly profitable on the short-term.


9 posted on 03/28/2012 3:42:22 PM PDT by alloysteel (College "education" may be the worst mischief to be inflicted upon the next generation.)
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To: Oldeconomybuyer

Yiiipppeeee!!! The casino said they had no problem with me betting, playing and putting up the ante but they had a BIG problem with me winning. Should I play at that casino or walk?


10 posted on 03/28/2012 3:50:57 PM PDT by BipolarBob (If I had a son who jacked cars and dealt drugs, he would've looked like Trayvon.)
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To: alloysteel
What is the point of exploration if no drilling or extraction ever comes of it?

Obama approved 5 years of environmental studies. So we have to assume the firms doing the studies are Obama bundlers.

11 posted on 03/28/2012 4:12:17 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Oldeconomybuyer

Who gives a damn? I am just counting the days so I can go cast a vote to fire this miserable failure.


12 posted on 03/28/2012 4:14:48 PM PDT by SoFloFreeper
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To: Oldeconomybuyer

Election year pandering.

He’ll get no scrutiny from MSM over this, but even independent voters won’t be fooled.

Obama: “You’re Fired!”


13 posted on 03/28/2012 4:21:42 PM PDT by cicero2k
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To: Oldeconomybuyer

Exploration, but no drilling?
Car, without gas.
Gun, without ammo.
Useless, all.


14 posted on 03/28/2012 4:24:10 PM PDT by carriage_hill (I'll "vote for an orange juice can", over Barry 0bummer and another 4yrs of his Regime From Hell!)
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To: molson209

Exactly. This was done for one reason and one reason only: so that he can go out on the campaign trail and tell the ignoramuses that will vote for him that he’s approved all kinds of exploration. He’ll conveniently omit the “but not drilling” part, as will his sycophants in the press, and the morons that make up 57% of our country will swallow it w/o a second thought.


15 posted on 03/28/2012 4:39:06 PM PDT by Scutter
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To: Oldeconomybuyer

Didn’t he already do this in 2009? Or was it 2010, to pander to those naive enough not to check the follow-up? He has SAID all sorts of things to pander to the middle. He has not followed up on ANY!


16 posted on 03/28/2012 4:40:27 PM PDT by originalbuckeye
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To: Oldeconomybuyer

That’s like having ice cream and not being able to eat it. BFD...

.


17 posted on 03/28/2012 4:42:51 PM PDT by flatfish
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To: EGPWS

The village idiot is Mitt’s match...

.


18 posted on 03/28/2012 4:44:06 PM PDT by flatfish
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