More head-faking and more BSing. If this guy was Jed Clampett, he would would have used Granny herself to plug up that hole he shot in the ground.
And we are supposed to swoon over this?
The Obama administration is proposing to open vast expanses of water along the Atlantic coastline, the eastern Gulf of Mexico and the north coast of Alaska to oil and natural gas drilling, much of it for the first time, officials said Tuesday.
The proposal — a compromise that will please oil companies and domestic drilling advocates but anger some residents of affected states and many environmental organizations — would end a longstanding moratorium on oil exploration along the East Coast from the northern tip of Delaware to the central coast of Florida, covering 167 million acres of ocean.
Sounds good on paper? Hardly.
From the American Energy Alliance:
“One major flashpoint in the negotiations has been whether to share drilling revenue with states and to allow states to opt in or out of drilling along their coastlines. It was unclear late Tuesday whether Obama endorses revenue-sharing for states. “It appears the Northern Atlantic and entire Pacific Coast will now be under a de facto ban” for drilling, said Patrick Creighton, a spokesman for the Institute for Energy Research. Even if drilling is ultimately allowed in part of the Atlantic, Creighton said, revenue sharing is an essential incentive for states. The administration’s plans could meet resistance from at least 10 Senate Democrats representing coastal and Great Lakes states who last week raised concerns about “unfettered access to oil and gas drilling” that could jeopardize fishing, tourism and military exercises. The Interior Department retooled the current schedule of offshore leases governing 2007 through 2012 after a federal appeals court last April ruled that the second Bush administration had not done a sufficient environmental review of expanded drilling off the Alaskan coast.
This “drilling proposal” is full of gotchas, half-measures and frauds.
More than a year into his presidency and after imposing numerous delays on American energy production, President Obama announced today that he would open up portions of the Outer Continental Shelf to offshore drilling.
But the plan is defined more by what it restricts than what it opens up. The Obama administration chose to take off the table large portions of the OCS in an announcement that was supposed to be about expanding American energy.
The new plan includes:
* No drilling in the Pacific Ocean.
* No drilling in a large portion of the Atlantic Ocean.
* No drilling in some of the most promising areas of the Gulf of Mexico.
* No drilling in much of Alaska.
While opening up any portion of the OCS for responsible energy development appears to be a great step forward, the truth is that none of this has been finalized, and most new drilling will not occur until after 2012 at the earliest.
The offering also comes with a hefty price: President Obama wants to force Americans to swallow a massive new energy tax before any state will reap the benefits from this new offshore drilling. The bill Mr. Obama urged Congress to pass last summer, the Waxman-Markey energy tax, would eviscerate the economy, killing more than one million jobs per year while raising the cost of energy for all Americans.
If an energy tax passes Congress this year, the negative impact on the economy will happen long before the first oil comes from these new offshore leases.
In addition, the multitude of steps to be taken before any of these lease sales are made after 2012 are still a work in progress. Each offshore tract that the administration proposes will no doubt fall victim to an array of court challenges and bureaucratic hangups, each of which will push back new offshore drilling even further.
The end result? This will not produce a drop of new oil anytime in the near future. It will however, fatten the already bloated pockets of the legal wing of such Enviromarxist groups like the Sierra Club, the WWF and whatever other tree-dwelling monkeys can be found in the local forest that can gin up a little money to issue endless court challenges and “environmental impact statements”.
On the other hand, The President treats his donors and puppetmasters very generously when it comes to their energy and profit efforts.
Remember this from last year?
From Michelle Malkin:
Obama, Soros, Petrobras, Brazil & offshore drilling double standards