Skip to comments.Obama OKs Oil Exploration Along Atlantic Coast, But Not Drilling
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 ...
Same as his longstanding policy with the Wookie.
A swing and a miss.
Hopefully, it will only tie things up till next year.
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.
Just more misdirection
Sheesh. I can explore a new girlfriend, that doesn’t mean I’m drilling. Give me a break.
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!
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.
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.
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?
Obama approved 5 years of environmental studies. So we have to assume the firms doing the studies are Obama bundlers.
Who gives a damn? I am just counting the days so I can go cast a vote to fire this miserable failure.
Election year pandering.
He’ll get no scrutiny from MSM over this, but even independent voters won’t be fooled.
Obama: “You’re Fired!”
Exploration, but no drilling?
Car, without gas.
Gun, without ammo.
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.
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!
That’s like having ice cream and not being able to eat it. BFD...
The village idiot is Mitt’s match...