"A wise and frugal government which shall restrain men
from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government."
(Thomas Jefferson)


Friday, March 19, 2010

EPA Stifles New Energy Gains; $2 B to Brazil for Off Shore Drilling; Obama Surrenders Gulf Oil to Russia

These are just a few of the headlines as Obama has set course for the United States to remain dependent on foreign resources for our energy. The headlines don't include the recent ruling on Feb 11, 2010, by Interior Secretary of the Interior Salazar that put expanded offshore drilling on hold. Why is Obama surrendering the United States ability to explore and drill for new resources while Russia is going to be drilling offshore 40 miles from Florida, and he sent $2 billion to Brazil for offshore drilling?

Obama and his Administration are systematically tanking the domestic oil and gas producers and costing jobs throughout the Country. With cutting off the ability to explore for new resources, he is going to cause some smaller companies that depend on oil and gas production to go out of business.

Obama is passing up on creating jobs for US citizens in favor of the jobs and oil going to foreign countries. Why? The price we pay at the pump or what we use to cook and heat will eventually rise as Obama shuts off the ability of domestic oil and gas producers to explore and develop new resources.

Does Obama plan to Nationalize Oil and Gas next like he is trying to do with Healthcare? Is his ultimate goal to have the Government control all the oil and gas production in the United States?
Today we take look at what he has done with domestic oil and gas production in the United States and it sends chills up your spine. Obama is not creating jobs he is costing jobs in the United States to further send our economy down. EPA is now one of the most powerful cabinet positions in the Government as it sets out to tank our oil and gas industry now. Is Jackson following Obama orders? We believe she is along with Salazar.

Obama's EPA stifles new energy gains
Examiner Editorial March 19, 2010

It would be simpler if President Obama leveled with energy industry officials and the American people and admitted he's doing everything in his power to suffocate this country's ability to find and develop critically needed new energy supplies. But instead of being honest about it, Obama hides behind misleading rhetoric about the wonders of "green" energy, even as his minions erect a multitude of new bureaucratic roadblocks to the development of the oil and natural gas resources needed to keep American homes heated, factories humming, and laptops processing. These new resources could also create millions of new jobs, generate trillions of dollars in tax revenues, and spark economic expansion in rural areas like western Pennsylvania and upstate New York that have known only decline for generations.

(snip)

This week, it's Lisa Jackson, Obama's Environmental Protection Agency head, putting another pillow over the face of the energy industry: A "comprehensive research study to investigate the potential adverse impact that hydraulic fracturing may have on water quality and public health." Her agency will spend $1.9 million on the first year of the study and unspecified amounts in the years thereafter. Hydraulic fracturing is when water and minute amounts of nontoxic chemicals are injected deep underground into rock formations to free previously unreachable stores of oil and gas. The technology opens up immense natural gas resources like the Marcellus Shale area of economically blighted rural regions of western Pennsylvania, New York, Maryland and West Virginia.

Jackson forgot to mention "concerns" about hydraulic fracturing come only from environmental groups seeking to stop all uses of fossil fuels like oil, coal, and natural gas. Jackson's announcement followed the Washington premiere of the anti-fossil fuel "GasLand" propagandamentary produced by some of these same groups. Two more facts Jackson didn't mention: Never in the 60-year history of hydraulic fracturing has it been linked to a single proven public health threat to water quality; and the EPA has already studied hydraulic fracturing, most recently in 2004, when it found no threat. Clearly, this new study is about stopping fossil fuel development, not protecting public health.

Excerpt: Read more at the Washington Examiner
Obama is against offshore drilling for the United States but he didn't hesitate to help his benefactor, George Soros. This report from Brett Baier from Fox News details the the $2 billion dollar investment in Brazil for their offshort drilling. Nice payback to Soros who is heavily involved in Brazilian oil production.

Brazil Oil August 19, 2009

When the rumors first struck in the summer of 2009, it was the Chinese were going to be drilling off Cuba coming 40 miles from the Florida coast tapping into what should have been oil drilled by US companies. It turned out the Chinese had negotiated some oil leases but now the truth has come out -- Russia is reestablishing itself in the Western Hemisphere in Cuba and will be drilling for oil not China. Even though the oil rigs will be 40 miles from FL, the Russians will be doing horizontal drilling to capture oil much closer to the US shore.

Are we also going to turn over GITMO to the Cubans and then they lease GITMO to the Russians? It is a fair question based on the actions of this Administration to date. All signs are pointing to Obama's intent to destroy the United States superiority in Defense. What concessions did he make to the Russians during his visit that the American people know nothing about?

Obama Surrenders Gulf Oil to Russia

The Obama administration is poised to ban offshore oil drilling on the outer continental shelf until 2012 or beyond. Meanwhile, Russia is making a bold strategic leap to begin drilling for oil in the Gulf of Mexico. While the United States attempts to shift gears to alternative fuels to battle the purported evils of carbon emissions, Russia will erect oil derricks off the Cuban coast.

Offshore oil production makes economic sense. It creates jobs and helps fulfill America's vast energy needs. It contributes to the gross domestic product and does not increase the trade deficit. Higher oil supply helps keep a lid on rising prices, and greater American production gives the United States more influence over the global market.

Drilling is also wildly popular with the public. A Pew Research Center poll from February showed 63 percent support for offshore drilling for oil and natural gas. Americans understand the fundamental points: The oil is there, and we need it. If we don't drill it out, we have to buy it from other countries. Last year, the U.S. government even helped Brazil underwrite offshore drilling in the Tupi oil field near Rio de Janeiro. The current price of oil makes drilling economically feasible, so why not let the private sector go ahead and get our oil?

The Obama administration, however, views energy policy through green eyeshades. Every aspect of its approach to energy is subordinated to radical environmental concerns. This unprecedented lack of balance is placing offshore oil resources off-limits. The O Force would prefer the country shift its energy production to alternative sources, such as nuclear, solar and wind power. In theory, there's nothing wrong with that, in the long run, assuming technology can catch up to demand. But we have not yet reached the green utopia, we won't get there anytime soon, and America needs more oil now.

Excerpt: Read The Full Article
We were shocked last month to learn that Interior Secretary Salazar was putting offshore drilling on hold but we should have expected that with this Administration. What we did not expect was Salazar freeing up water for the Central Valley of California in what looks to be an exchange for Yes votes for their Congressmen.

Salazar puts expanded offshore drilling on hold

The Interior secretary says a 'headlong rush' by Bush officials to open new areas to exploration 'torpedoed renewable energy.'
February 11, 2009Jim Tankersley
WASHINGTON — The Obama administration put the brakes on a push to expand oil and gas drilling off America's coasts Tuesday and promised to speed development of offshore wind farms.

Interior Secretary Ken Salazar announced he will extend public comments for six months on a last-minute proposal by the Bush administration to open swaths of the California, Alaska, Atlantic and Gulf coasts for drilling.

Excerpt: Read More at Los Angeles Times
All of these articles point to the tanking of the domestic oil and gas production causing the loss of thousands of jobs. As we have mentioned before, we have to wonder if this is done on purpose to eventually nationalize oil and gas production in the United States.

From everything we see Fox News with Major Garrett and Bret Baier, and Jack Tapper of ABC are the only broadcast newsmen consistently digging for the truth on this Administration and what they are doing. Washington Times and Washington Examiner of the print media continue to investigate and are not afraid to state the truth of what they find.

As a side note on the media -- Yesterday I wrote the writer of an article at the Los Angeles Times about the COB estimate for healthcare sayting that it was not a final number as the CBO had not finished scoring although the Democrats were reporting it like it was the final CBO number. Within five minutes I received an email back with Thanks, I will make the correction on the on-line addition that it is a preliminary number. That is what I would expect a journalist to do but it is so rare, I was shocked. I have made it a point to tell everyone I know about what happened as it was so refreshing.

The media has been very lax except for a few to delve into and report Obama's background and find out just who is this man in the White House. It is obvious that he is not a lover of the United States Constitution, our Rule of Law, or much of anything else American as he attempts to turn this County with the help of the Progressive Socialists in Congress into a socialist nation. He wants everything controlled by the Federal Government. Now is the time for major media to get their act together and realize this Nation is facing a crises with Obama and his Administration in control along with the Progressive in Congress. They need to start investigation and start reporting on what is happening including the buying of votes for healthcare by the President not just the Speaker and Majority Leader of the Senate.

We are being saved right now by some very courageous Republicans in Congress along with some Democrats helping them to keep Obama from nationalizing our healthcare. How long can they hold off Obama/Pelosi/Reid and all the deals they are offering the Democrats for a "YES" vote. Buying votes against the will of the American people is so wrong but now we find out while the healthcare debate is raging, that this Administration has domestic oil and gas production in the bullseye. What else are we missing with the healthcare being the topic 24/7?

The media needs to ask who is the power behind Obama? We are speculating that it is the 60's radicals of the Weather Underground and Black Panthers along with George Soros. It is more obvious by the day that Obama doesn't care one bit about any rules in Congress as long as he gets his agenda rammed through which if they use the Slaughter Rule will be Unconstitutional.

Was ACORN started by Wade Rathke, a former member of the Weather Underground, to have voter fraud as part of their mission? When did their voter fraud originally start. We surmise that a test case may have been Bill Clinton's run for Governor after he was defeated after one term and came back to run in four years. Everyone needs to remember that originally Soros backed the Clintons not Obama. In 2004, his allegiance switched to Obama when Obama was running for Senate from Illinois from Hillary Clinton for President in 2008. Research is turning up that Soros was a friend of Tom Ayers, Bill Ayers Dad.

Evidence is also beginning to mount that Obama was chosen by Franklin Marshall Davis, a known Communist from Chicago, along with the Ayers, Dohrn, Rathke and others to be President someday and fulfill their wish of making America a socialist country. Is that day at hand? More and more we are beginning to think it is.

We ask once again - Where is the Mainstream Media (MSM) in investigating all these ties of Obama? We are not birthers but frankly we think it odd that Obama has spent over $1M to hide his $15 birth certificate. Just what does that certificate contain? Why isn't the MSM interested -- is it because they know the truth? Inquiring minds wants to know.

1 comment:

Unknown said...

Pre-salt discovery in Brazil, now what?

The pre-salt discovery marked an important moment for the Brazilian oil industry, because recent discoveries in the world oil scene have been rare and also because Brazil has always carried the title of eternal latecomer in the race for oil. The Brazilian oil industry was, until then, a classic case of sudden success but with limited potential.

For free access to the full article, visit:
http://www.alternativelatininvestor.com/24/commodities/pre-salt-what-now.html