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  • Obama announces steps to speed US oil production

    I thought Obama was critical on the US oil issue...




    Obama announces steps to speed US oil production


    Read more: http://www.miamiherald.com/2011/05/1...#ixzz1MLH4P0NS

    By DARLENE SUPERVILLE and DINA CAPPIELLO
    Associated Press

    WASHINGTON -- Facing continued public unhappiness over gas prices, President Barack Obama is directing his administration to ramp up U.S. oil production by extending existing leases in the Gulf of Mexico and off Alaska's coast and holding more frequent lease sales in a federal petroleum reserve in Alaska.

    Obama said Saturday that the measures "make good sense" and will help reduce U.S. consumption of imported oil in the long term. But he acknowledged anew that they won't help to immediately bring down gasoline prices topping $4 a gallon in many parts of the country.

    His announcement followed passage in the Republican-controlled House of three bills - including two this week - that would expand and speed up offshore oil and gas drilling. Republicans say the bills are aimed at easing gasoline costs, but they also acknowledge that won't be immediate.

    The White House had announced its opposition to all three bills, which are unlikely to pass the Democratic-controlled Senate, saying the measures would undercut safety reviews and open environmentally sensitive areas to new drilling.

    But Obama is adopting some of the bills' provisions.

    Answering the call of Republicans and Democrats from Gulf Coast states, Obama said in his weekly radio and Internet address that he would extend all Gulf leases that were affected by a temporary moratorium on drilling imposed after last year's BP oil spill. That would give companies additional time to begin drilling.

    The administration had been granting extensions case by case, but senior administration officials said the Interior Department would institute a blanket one-year extension.

    New safety requirements put in place since the BP spill also have delayed drilling in Alaska, so Obama said he would extend lease terms there for a year as well. An oil lease typically runs 10 years.

    Lease sales in the western and central Gulf of Mexico that were postponed last year will be held by the middle of next year, the same time period required by the House. A sale off the Virginia coast still would not happen until 2017 at the earliest. But Obama said he would speed up environmental reviews so that seismic studies to determine how much oil and gas lies off the Atlantic Coast can begin.

    To further expedite drilling off the Alaskan coast, where such plans by Shell Oil Co. have been delayed by an air pollution permit, Obama said he would create an interagency task force to coordinate the necessary approvals. He also will hold annual lease sales in the vast National Petroleum Reserve on Alaska's North Slope. Officials said the most recent sale was last year, but that they had not been held on any set schedule.

    Republicans dismayed by the lack of progress in Shell's drilling have drafted legislation to exempt drilling off Alaska from air pollution laws.

    House Natural Resources Committee Chairman Doc Hastings of Washington, sponsor of the legislation, said it was "ironic" that Obama "is now taking baby steps in our direction" after the White House and congressional Democrats criticized the bills.

    "The president is finally admitting what Republicans have known all along, that increasing the supply of American energy will help lower prices and create jobs," Hastings said.

    Obama also called on Democrats and Republicans to vote to eliminate billions in taxpayer subsidies to oil and gas companies.

    In the weekly Republican message, Alabama Rep. Martha Roby said it's time for Washington to get serious about the challenges facing the country, including straightening out its finances and tackling the gas price issue. She praised the House for passing measures to expand domestic energy production "because when we're talking about energy, we're talking about jobs."

    "The greatest threat to our economy, job creation, and the future of our children is to do nothing," Roby said. "We have to act. It is what we were sent to Washington to do."



    Read more: http://www.miamiherald.com/2011/05/1...#ixzz1MLGbrbFT
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  • #2
    I will wait to see what the bureaucrats do.

    However, I am sure that we will have lots of whining about it here no matter what he does.
    Facts do not cease to exist because they are ignored. -- Aldous Huxley
    Two things are infinite: the universe and human stupidity. -- Albert Einstein

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    • #3
      post deleted
      Last edited by avalon42; 03-13-2015, 05:30 PM.

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      • #4
        This is bullcrap, I love paying $80 to fill up my Jeep. I didn't buy a big heavy Jeep with a ballsy V8 just to have Obama lower my fuel cost.

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        • #5
          Originally posted by avalon42 View Post
          Just more political manuvers...the reason WHY people are ****ed is because the prices are so high. So when EXACTLY will we see them go down?

          Never, because oil and gas companies just lost billions in subsidies. The corporations will then just pass the buck to the consumer.
          when did oil companies lose their subsidies ?

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          • #6
            The proposed legislation to eliminate tax benefits for oil producers is considered unlikely to pass.
            Facts do not cease to exist because they are ignored. -- Aldous Huxley
            Two things are infinite: the universe and human stupidity. -- Albert Einstein

            Comment


            • #7
              Isn't this (ramping up US oil production) the "silver bullet" that conservatives are always whining about...? You know: "drill, baby, drill" ?
              Isn't that the mantra to fixing the problem....? Always touted as something we must do immediately ...?

              And now some of you are complaining that increased production isn't going to lower prices fast enough ?!

              So Obama concedes, a little, to something conservatives have been screaming about for years.... and now the conservatives are complaining that such a move doesn't really fix things (fast enough)....

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              • #8
                Originally posted by dlo View Post
                So Obama concedes, a little, to something conservatives have been screaming about for years.... and now the conservatives are complaining that such a move doesn't really fix things (fast enough)
                Of course. He is Obama. He is always wrong.

                If he does not change position, he is wrong.
                If he does change position, he is a hypocrite.

                Political discourse these days is about attacking your opponent, not about doing the right thing.
                Facts do not cease to exist because they are ignored. -- Aldous Huxley
                Two things are infinite: the universe and human stupidity. -- Albert Einstein

                Comment


                • #9
                  Originally posted by DAL View Post
                  Of course. He is Obama. He is always wrong.

                  If he does not change position, he is wrong.
                  If he does change position, he is a hypocrite.

                  Political discourse these days is about attacking your opponent, not about doing the right thing.
                  yup. both sides do it, of course.
                  they've really got a good racket going.
                  Its not at all unlike professional wrestling... sometimes I think it is just as staged - but they can get the public even more riled up / committed to respective "sides" b/c the results actually impact lives. Its "entertainment" -- but with consequences

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                  • #10
                    I'm still waiting for one of the conservatives to explain, specifically, how Obama has caused gas prices to rise....

                    I've asked a couple people on other threads.... oddly, they've had no legitimate answers

                    Comment


                    • #11
                      Duh, he killed Osama. Of course agreeing to help intervene in Libya didn't help oil prices.

                      Comment


                      • #12
                        Originally posted by dlo View Post
                        I'm still waiting for one of the conservatives to explain, specifically, how Obama has caused gas prices to rise....

                        I've asked a couple people on other threads.... oddly, they've had no legitimate answers
                        His illegal and poorly advised "non" war against Libya gave speculators a BS excuse to bump prices claiming a future shortage is in the making because of it. The uninformed minnions just shrugged and took it, not understand that there will be no shortage - only the United States gettiing hosed once again by OPEC.

                        Because he is completely void of any concept of business, a poor understanding of our economy, backbone or common sense and, his complete hypocracy regarding virtually every policy he has slammed but yet retained, your Messiah has caused this, and most of this country's other ills.
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                        • #13
                          Originally posted by 1042 Trooper View Post
                          His illegal and poorly advised "non" war against Libya gave speculators a BS excuse to bump prices claiming a future shortage is in the making because of it. The uninformed minnions just shrugged and took it, not understand that there will be no shortage - only the United States gettiing hosed once again by OPEC.
                          wow. in what delusional world did oil prices start to rocket up only after Libya ?
                          they were well on their way up on speculation long before we entered that fray

                          Because he is completely void of any concept of business, a poor understanding of our economy, backbone or common sense and, his complete hypocracy regarding virtually every policy he has slammed but yet retained, your Messiah has caused this, and most of this country's other ills.
                          sorry. thought I said earlier: "legitimate reasons"

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                          • #14
                            Yes, eliminate the billions we give to oil companies... and raise the prices for all of us? That is a stupid party line position. And Republicans need to shut their faces when they get something they've been wanting for years. I've never seen such whiners.

                            BTW, oil prices were going up before we bombed Libya just because of the civil war that was already in motion...

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                            • #15
                              Originally posted by PoliceProspect View Post
                              BTW, oil prices were going up before we bombed Libya just because of the civil war that was already in motion...
                              True, but Republican politicians have a right to revise history to make it fit with any theory that disparages Obama.
                              Facts do not cease to exist because they are ignored. -- Aldous Huxley
                              Two things are infinite: the universe and human stupidity. -- Albert Einstein

                              Comment

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