Obama Administration Shuts Down New Oil Production in the US -- WHY?

UPDATE:  Feb 28, 2011 -- Looks like the Administration getting hammered by members of Congress, the oil producers, Governors, and consumers is starting to break up the log jam of permit approval as they approved one permit today. Do we get a second one tomorrow? Here are the details on the first deep-water well permit issued in the Gulf since the disaster. That six-month moratorium 8 1/2 months yet we still only have one permit approved by the Obama Administration for a company that was already drilling before the disaster.

US approves first deep-water well in Gulf
Feb 28, 2011

By CHRIS KAHN - AP Energy Writer
NEW YORK -- The U.S. has approved the first deep-water drilling permit in the Gulf of Mexico since last year's massive oil spill.

The Bureau of Ocean Energy Management, Regulation and Enforcement announced Monday that it issued a permit to Noble Energy Inc. to continue work on a well about 70 miles southeast of Venice, La.

Noble started drilling the well four days before the Deepwater Horizon exploded. Drilling activity was suspended on June 12 under a moratorium the U.S. placed on exploration in waters deeper than 500 feet.

Excerpt:  Read more at:  The Sun
 

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We have two scenarios at play here -- one Obama and his Administration are totally incompetent or two he is doing the bidding of someone behind him pulling the strings to tank the United States through lack of oil production. Actually both might be part of this as Obama can be easily led around as he is lazy and incompetent. We think he sees himself as a Chavez type person to lead America and stay in office forever. It is a logical conclusion since he has never met a dictator he doesn't like and loves to dis our allies.

Obama will only go after a dictator when he is backed in a corner days after an initial uprising like we witnessed in Libya. His words ring hallow around the world because he never backs up anything preferring to go off for a round of golf or shoot baskets. Does he ever work an 8-hour day?

We thought Carter was bad but Obama is much worse. This is an unstable world and we seem to have a teenager in charge who would rather play basketball, golf, or fly around on Air Force One to be told how wonderful he is at the various locations. Standing up for the public service unions in Wisconsin was a much higher priority to Obama than Libya and getting our American citizens out of the Country.

No President who cared about America and its citizens would allow our domestic oil production to tank on purpose with the increased likelihood of oil flow problems from the Middle East but Obama and his people are doing just that. Personally believe it is dereliction of duty and the oath he took as President which seems to mean nothing to the man.

He totally missed the results of the last election or he would not be continuing down this path of denying new oil production which has come to a standstill. He could care less about loss of jobs in what he considers the 'evil' oil and gas industry. News to Obama -- his windmills are proving not to be any better than his high speed rail for this Country -- both boondoggles. There is a reason that Boone Pickens pulled out of the windmill industry because he wants to make money. They are not cost effective and do not provide anywhere close to the energy needed.

Middle East Chaos Demands U.S. Oil Production By DeRoy Murdock
Our economy requires energy, and we could find more at home.
May we drill now, please?

At this writing, circumstances in the Middle East may change between this sentence and my last paragraph.

(snip)

Flowing through this real-life Hieronymus Bosch canvas is the same ingredient in the paints that define his masterpieces: oil.

Petroleum futures Thursday reached $103.41 per barrel, their highest price since September 2008. Unleaded gasoline averages $3.24 per gallon — up 55 cents, year-on-year. Summer road trips may push prices higher.

Amid all of this, the Obama administration treats America’s domestic-petroleum supply like the Smithsonian’s Hope Diamond: something to be observed and admired, but not touched.

“The Bureau of Land Management has created a lot of uncertainty related to onshore leases,” says the American Petroleum Institute’s Erik Milito. “They have added redundant steps in the land-use-study process. They are adding layers that delay opportunities for oil and gas development on federal land.”

The picture at sea is no better.

“The administration has at least 40 exploration plans and 40 development plans that have not been acted upon,” Milito adds. “We understand that dozens of oil-spill-response plans require action as well. This is in addition to the environmental assessments that must now be completed for the exploration plans. They cannot approve permits to allow drilling to commence until they address those items.”

“In addition, this may be the first year since 1964 where we will not have a lease sale in the Gulf of Mexico,” Milito continues. “A recently announced supplemental environmental-impact report for the Gulf may not be ready until 2012. Holding these lease sales is critical to our economic and energy security because they provide the opportunity for long-term investments in American jobs and energy sources.”

Short-term delays can cause long-term stasis. A Wood Mackenzie study commissioned by the API found that a one-year delay in granting permits could render “sub-economic” 13 out of 25 deepwater oil and gas fields. Those 13 fields represent 2.7 billion barrels in potential oil reserves (which would satisfy about five months of U.S. demand) and 540,000 barrels of daily output. Such a loss would slash Gulf of Mexico production by 27 percent.

President Obama can bow before windmills, and Vice President Biden can cheerlead for a shiny, new, national train set. But none of that changes the fact that — like it or not — America relies heavily on oil today, for jobs, commerce, and our very existence. As bad luck would have it, oil comes mainly from an area that is as stable as a prison riot. “Precarious” barely describes America’s predicament. And yet, a huge part of the solution — domestic oil and gas — lies just beneath our feet, if only Uncle Barack would let us open the basement door and light this dormant furnace.

May we drill now, please?

Excerpt: Read More at Weekly Standard

Has Obama ever owned a car? It doesn't seem to bother him how much we have to pay for a gallon of gas or he would make sure new drilling a priority instead of bringing it to a standstill. The number of people put out of work in the oil and gas industry thanks to this Administration is huge and includes not only the workers on the rigs but also the people who supply the rigs, etc. Looks to us like he wants to tank the economies of Red State America.   If he thinks this will buy him votes, think again as people are fed up paying over $3.00 a gallon for gas knowing that Obama and his liberal cronies have shut down any new domestic oil production.   Wonder what the Teamsters of thinking of this Administration?


Since Obama didn't hear the voices from the first election on November 2nd when Republicans took the House and gained in the Senate, it is time to make our voices even louder in 2012 and evict Obama from the White House. This Country cannot afford four more years of the incompetence we are seeing out of Obama and his Administration. First thing the new President needs to do is recommend to Congress that the EPA be disbanded and put back under the Energy Secretary.