Drill, baby, drill — at least in some places

March 31, 2010

The new POTUS offshore drilling plan may be more aggravating for what it does not include (drilling in the Pacific, for instance) than pleasing for what it does. And as the Houston Chronicle points out:

But it is unlikely to win strong support from the fiercest drilling advocates in Congress and the energy industry, who have accused the administration of slow-walking conventional oil and gas production. They are expected to oppose many of the administration’s decisions — including the cancellation of planned lease sales in Alaska and potentially years-long waits before new drilling along the East Coast.

Me: And is it, along the WH nuke power plan, to make some version of cap-and-trade palatable? I don’t think it will be enough to get a comprehensive energy bill passed, Here is a bit from my RBV column today:

Even so, America will continue to be depend on imports to meet its vast energy needs. In the case of oil, nearly 60 percent of consumption is supplied internationally, including half from OPEC and a fifth from Canada. Similarly, Obama’s recent announcement of new loan guarantees for nuclear power plant construction is unlikely substantially change that sector’s share of the U.S. energy portfolio. But the White House hopes both efforts will help supply needed momentum to its energy and climate change agenda. Many Republicans and centrist Democrats favor an “all of the above” energy policy. Although a bill containing a nationwide cap-and–trade scheme for limiting carbon emissions passed the House, a parallel effort is dead in the Senate. Such caps are anathema to coal-state members of both parties.

3 comments

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The far left is ready to vote for Palin they are so mad at Obama over this

Mr O, the transparency the american people are talking about is not being so blatantly obvious that your real intent is to rally support for your cap and trade tax rip off of the american people that a third grader could see through it. You must really think we are very stupid.

Posted by Glenn | Report as abusive

More spin by Hussein. Puts this out there after the Public had been screaming for drilling all year, and he tried to sell Picken’s windmills and Gore’s Global Warming and knows all that stuff is decades away. Like his stimulus which he will claim is adding more jobs, he’ll take credit for the meager few Wells he will allow to be drilled. And speaking of seriously examining the sites for a year is another lie. The entire drilling map has been well documented for decades. Now with California bankrupt and sitting on top of capped oil wells, already dug , does he advocate taking off the caps and spreading the wealth ? When is America going to wise up to this fake ? The biggest scam to be hidden from the electorate , and one that would have made Barnham proud. There’s a Sucker born every minute “.. He never thought that America was a Nation of Suckers . But when he said it, America was full of Americans. Get ready, because Hussein is about to release an Amnesty bill that will unleash 30 million more illegals unto the ” Help Me ” rolls.

Posted by puckster101 | Report as abusive