Tuesday, February 14, 2012

HAS OBAMA APPROVED ANY MOVES FORWARD IN DOMESTIC OIL DRILLING OR PRODUCTION?

From Beltway Confidential:
President Obama threatened to veto legislation that would expand oil drilling in Alaska and offshore reserves and greenlight the Keystone XL pipeline construction, after he warned this morning that gas prices will continue to rise.
“Because this bill jeopardizes safety, weakens environmental and labor protections, and fails to make the investments needed to strengthen the Nation’s roads, bridges, rail, and transit systems,” the Office of Management and Budget (OMB) said in a statement released this evening, “the President’s senior advisors would recommend that he veto this legislation.” Obama has only vetoed two bills so far in his presidency.
Keep reading…
I'm serious about the question in the title.

I want to know the answer.

I have heard of no positive moves whatsoever. Weasel Zippers comments; "As far as I can tell Obama’s entire domestic energy strategy involves investing taxpayer dollars on “green” energy companies that go bankrupt."

I think he may be right about that.

Here's the thing. During the past few years, America HAS DECREASED OUR DEPENDENCE ON OIL. Goldman Sachs recently predicted that America would be a net exporter of oil by 2017. Just ten years ago, if I am not mistaken, we imported half our oil.

So, how did we go from being a massive importer of oil, to a place where we are poised to become a net exporter?

Is this because of decisions Barack Obama has made? Or is it because of decisions that were made during the Bush Administration?

One would think that if Obama were responsible for this massive swing in oil production he would be proud of the fact, and he would be touting his successes in "eliminating our dependence on foreign oil." Right?

But, he does not do that. Instead, he brags about "Green Energy projects", and tried to hide the fact that all the projects into which he has dumped money are losing money and/or going out of business.

So, once again, I ask: HAS OBAMA APPROVED ANY MOVES FORWARD IN DOMESTIC OIL DRILLING OR PRODUCTION?

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