So you post an article on something Obama has delayed from 2010 to 2014 to 2015.kalm wrote:This makes sense but it's funny how economic policy under Bush is off the table. The permitting process slowed down quite a bit after the Gulf spill but is now picking back up.BDKJMU wrote:
.....""Today on federal land, the area where the president has control, production in the Gulf of Mexico is down 30 percent. Lease sales in Rocky Mountains on federal lands are down 70 percent," Jack Gerard, head of the American Petroleum Institute said.
He says the president has put 85 percent of the outer continental shelf off limits and overall, is only making 3 percent of the areas under his control available for development.
Numbers from think tanks and the federal Energy Information Administration confirm those numbers.......
....Exploration and development do take years. But analysts argue the administration can't now take credit for decisions about drilling made years ago by President Bush and his predecessors.
"That production is a direct result of leases issued before this administration and as result of development on private and state lands," Gerard said.
On private lands, oil production is booming. In North Dakota, the oil and gas are on private or state land and beyond the president's control.
The state has gone from producing a small amount of oil to some 450,000 barrels a day.
Unemployment is 3.3 percent, the lowest in the country. And the state has a budget surplus in the billions.
Gerard thinks North Dakota isn't the only place. He says if the President would unleash the energy industry, the US and Canada have so much oil and gas that, along with renewables, we could become energy independent."
"We could be energy self sufficient right here in North America in 12 years, but that takes political courage," he said.
Treasury Secretary Timothy Geithner and others are now talking about releasing oil from the strategic petroleum reserve.
Gerard says it at least shows the administration recognizes that supply affects prices. But he argues we have a bigger reserve right under our feet-- if we'd only develop it."
http://www.foxnews.com/politics/2012/02 ... roduction/" onclick="window.open(this.href);return false;
Donks.
Guess we'll have to wait until a couple of years into the Romney administration to see the production from these.
Conks...still
http://money.cnn.com/2011/11/08/news/ec ... /index.htm" onclick="window.open(this.href);return false;NEW YORK (CNNMoney) -- The Obama administration proposed more oil drilling in Arctic waters Tuesday, planning two new leases in the Beaufort and Chukchi Seas off Alaska's north coast.
The plan also offers new drilling in the Gulf of Mexico and in Alaska's Cook Inlet on the state's southern coast over the next five years, but keeps new drilling away from the east, west and Florida coasts.
The proposal, outlined by the Interior Department, seeks to strike a balance between energy production and environmental protection.
The proposal largely keeps to previous statements made by the administration on offshore drilling since the BP spill except in regard to the Arctic.
Although the administration has always indicated it would allow drilling in the Arctic, it had never offered leases to drill on the land it owns beneath the ocean's surface.
The Arctic leases won't be offered until 2014 or 2015, the Interior Department said, in an effort to give companies and the government time to adequately prepare for a spill and conduct further scientific study.
The news did not sit well with environmentalists, who say a spill in the cold Arctic waters would be nearly impossible to clean up and irreversibly damage the fragile ecosystem.
"The Obama administration is suspending proposed exploratory drilling in the Arctic Ocean.
Interior Secretary Ken Salazar says in a report to be delivered to the White House on Thursday that he will not consider applications for permits to drill in the Arctic until 2011. Shell Oil is poised to begin exploratory drilling this summer on leases as far as 140 miles offshore...."
http://www.usatoday.com/news/washington ... ling_N.htm" onclick="window.open(this.href);return false;
And now according to your own CNN article is this happening this yr? No. Is it hapening in 2013? No. Obama won't grant these leases until 2014 or 2015. Your article confirms my point. Since Obama got into to office it has either been deny, deny, deny: off both coasts (reversing Bush), ANWR, Gulf of Mex for a year, Eastern Gulf for 7 years, Federal Lands approved by Bush, Keystone, etc, etc, or delay, delay, delay: Artic
Donks. Still
