Ever notice it's the same old song and dance when you are gouged by the oil companies, dear readers? Government says they are going to investigate, committees have hearings, and the answer is always more drilling.
"In shift, Obama takes steps to speed domestic drilling; New exploration off Atlantic coast may be included" by John M. Broder, New York Times / May 15, 2011
Did the Gulf disaster teach them nothing?
Yeah, let's foul up the whole eastern seaboard so the war machine's thirst can be slaked.
Any true environmentalist is feeling betrayed right now. First $36 billion to nuclear power, now this.
WASHINGTON — President Obama, facing voter anger over high gasoline prices and complaints from Republicans and business leaders that his policies are restricting the development of domestic energy resources, announced yesterday that he was taking several steps to speed oil and gas drilling on public lands and waters.
How come he doesn't listen on the wars, single-payer, and a myriad of other issues?
It was at least a partial concession to his critics at a time when consumers are paying near-record prices at the gas pump.
Didn't we go through this a few years ago at the end of Bush?
The Republican-led House passed three bills in the last 10 days that would significantly expand and accelerate US oil development, saying the administration was driving up gas prices and preventing job creation with antidrilling policies.
Yeah, the declining dollar due to Federal Reserve policies has nothing to do with it.
Administration officials said the president’s announcement, which included plans for expanded drilling in Alaska and the prospect of new exploration off the Atlantic coast, was intended in part to answer these arguments, signal flexibility, and demonstrate Obama’s commitment to reducing oil imports by increasing domestic production.
What is wrong with plowing the billions we spend on wars taking over oil supplies and putting it to wind, solar, etc?
Oh, right, then certain intere$t$ wouldn't be receiving gob$ of tax loot.
But the policies announced yesterday would not have an immediate effect on supply or prices, nor would they quickly open any new areas to drilling....
Same old song and dance, my friend!
And the government will provide incentives for oil companies to more quickly exploit leases they already hold....
AS IF THEY NEEDED ANY!!
The moves come after the House passed a series of bills that would force the administration to move much further and faster to open public lands and waters to oil and gas development.
Responding to the shift by the administration, Brendan Buck, a spokesman for Speaker John A. Boehner, said, “The president just conceded what his party on Capitol Hill still denies: more American energy production will lower costs and create jobs.’’
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Related: Gas Prices Pump Up Oil Company Profits
Why would they need government incentive$, taxpayer$?
Also see: Oil executives quizzed on tax breaks
Honestly, I'm tired of the government solution at any level being more taxes.
