Obama to back Atlantic, Gulf drilling

[Blacknbengal]

WASHINGTON - President Barack Obama will announce plans Wednesday to allow oil and natural gas drilling off the Atlantic Coast and Gulf Of Mexico, reversing a long-standing moratorium, according to administration officials.

Under the president’s proposal, the Department of the Interior will allow drilling 50 miles off the coast of Virginia and open up large swathes of the outer continental shelf in the south- and mid- Atlantic to oil exploration, officials told NBC News.

It would also potentially allow exploration in the eastern Gulf of Mexico, 125 miles off the coast of Florida, if Congress allows a moratorium to expire.

Rest story

 

[Bane]

This is a dumb move. He is just coming off a huge health care victory and his progressive/liberal base is fired up. He just dose that fire with a freaking water hose. :smh: :smh:

 

[players]

WASHINGTON - President Barack Obama will announce plans Wednesday to allow oil and natural gas drilling off the Atlantic Coast and Gulf Of Mexico, reversing a long-standing moratorium, according to administration officials.

Under the president’s proposal, the Department of the Interior will allow drilling 50 miles off the coast of Virginia and open up large swathes of the outer continental shelf in the south- and mid- Atlantic to oil exploration, officials told NBC News.

It would also potentially allow exploration in the eastern Gulf of Mexico, 125 miles off the coast of Florida, if Congress allows a moratorium to expire.

Rest story

Bout damm time we started exploring and tapping our own resources and quit depending on other people shat.
We got just as much oil and natural gas, if not more, off our shores than South America and we are dependent on them along with the Middle East for our shat.

Time to piss or get off the energy pot.
Open our own shat up for exploration instead of trying to control other countries resources to fit our needs. :nod:

 

[SUtrp96]

I like the move....we have a lot more area on our own soil we can dig for oil...which will bring the price of oil down tremendously.....

But his liberal "green people" will not like that...

This is why I find it hard that anyone can go with everything any one of these parties do...
Unless you don't have one leadership bone in your body and you were raised to just do what others say and ask no questions...

Again I like this move by obama

 

[Storm96]

I never knew what the big deal was about offshore drilling anyway

 

[Bane]

I like the move....we have a lot more area on our own soil we can dig for oil...which will bring the price of oil down tremendously.....

But his liberal "green people" will not like that...

This is why I find it hard that anyone can go with everything any one of these parties do...
Unless you don't have one leadership bone in your body and you were raised to just do what others say and ask no questions...

Again I like this move by obama

The price of oil will never go down. Please don't believe that B.S.. The price of oil and high gas prices are here to stay. I don't care how much oil is found on the coastlines. The Exxon Mobiles of world will just get richer.

 

[Bane]

I never knew what the big deal was about offshore drilling anyway

The U.S. has one of the least amount of Oil Reserves in the industrialized world, yet some folks think by drilling here it would cut cost and we will stop using foreign oil. :lol: :lol: :lol: Obama argued these same facts during the campaign. Palin and McCain were the ones yelling drill baby drill.

 

[Storm96]

The US has one of the least amount of Oil Reserves in the industrialized world, yet some folks think by drilling here it would cut cost and we will stop using foreign oil. :lol: :lol: :lol: Obama argued these same facts during the campaign. Palin and McCain were the ones yelling drill baby drill.

I was talking moreso about the left's stance against offshore exploration. My first job after graduating PV was that of a field engineer for an offshore oilfield services company. I see nothing wrong with opening up these areas for exploration atleast.

 

[players]

The price of oil will not drop.
It's not about that.
It has already been proven that the Deep Waters in the Gulf of Mexico holds more natural gas and oil than the reserves in Saudia Arabia, but we can't drill in those waters, nor off the coast of Florida and the East coast because of all the roadblocks the environmental groups in this country have set up.
Those areas have already been identified about 5 years ago and they know exactly where and how much is down there.
The U.S. could not even build a windfarm in the Atlantic off the coast of Massachusett because of these mofos.

Again..........It's not price.
It's about not being held hostage to a foreign country vie way of natural resources.
We are at the mercy of these countries and they can make us dance like puppets on a string if they wanted to in a trade war over this stuff.
Damm near all of our shat is imported from the Middle East and South America.

You think the U.S. went into Kawait to save them folks.:lol:
You think we are "friends" with Saudia Arabia and the UAE because we like them?
The U.S. are friends with those countries and went into Kawait because we would have been up shat creek if Saddam Hussan got control of all those oil fields. :lol:

 

[Bane]

I was talking moreso about the left's stance against offshore exploration. My first job after graduating PV was that of a field engineer for an offshore oilfield services company. I see nothing wrong with opening up these areas for exploration atleast.

I have no problem with it, but to me it is just poor timing. Folks are still out of work and losing their homes. The Stimulus Package was a complete joke. They just passed another Jobs bill that is laughable at best. How many Mortgage Relief Programs can they start within a year? They have tried about 3 so far and none have worked.

 

[SUtrp96]

Its hard to believe drilling on our own soil "shouldn't" lower the price of oil when we don't have to have it imported....

If we are looking at this move as us being more independent ...then why in the heck did the stimulous package put all of that money to going green...building cars that will operate without gas?...and all these additional efforts for "global warming"....the global warming green people are against us drilling for oil for one main reason...."pollution"

Being independent of oil should be one of the least of our worries in this time of day when we need to see about getting our "ballz" back from China...
America is basically for sell....

 

[bluedog]

Speaking at Andrews air base outside Washington, Obama said, "This is not a decision that I've made lightly." He addressed the expected outcry from disappointed environmentalists by saying he had studied the issue for more than a year and concluded it was the right call given the nation's voracious thirst for energy and the need to produce jobs and keep American businesses competitive.

"We're announcing the expansion of offshore oil and gas exploration but in ways that balance the need to harness domestic energy resources and the need to protect America's natural resources," Obama said, standing in front of a Navy F-18 fighter scheduled to fly on Earth Day with a half-biomass fuel mix

:read:

 

[CEE DOG]

It is called getting you four more years to clean up Bushes mess. Smart move. :tup:

 

[Bane]

It is called getting you four more years to clean up Bushes mess. Smart move. :tup:

Nah, that crap up there will have nothing to do with him getting four more years. This is a GOP idea and they are damn shole not going to vote for him. It will boiled down to the economy and jobs.

 

[BLAQUE PRINCE]

The price of oil will not drop.
It's not about that.
It has already been proven that the Deep Waters in the Gulf of Mexico holds more natural gas and oil than the reserves in Saudia Arabia, but we can't drill in those waters, nor off the coast of Florida and the East coast because of all the roadblocks the environmental groups in this country have set up.
Those areas have already been identified about 5 years ago and they know exactly where and how much is down there.
The U.S. could not even build a windfarm in the Atlantic off the coast of Massachusett because of these mofos.

Again..........It's not price.
It's about not being held hostage to a foreign country vie way of natural resources.
We are at the mercy of these countries and they can make us dance like puppets on a string if they wanted to in a trade war over this stuff.
Damm near all of our shat is imported from the Middle East and South America.

You think the U.S. went into Kawait to save them folks.:lol:
You think we are "friends" with Saudia Arabia and the UAE because we like them?
The U.S. are friends with those countries and went into Kawait because we would have been up shat creek if Saddam Hussan got control of all those oil fields. :lol:

I'm glad somebody pointed it out. We may not be as dependent on foreign oil but not way in the hell will the price drop. The oil companies already know how much you will pay for gas before you cut back consumption. They tested that out for the last two years. I don't care if the entire ocean turned to gasoline you'd still pay what the market can bare. One of the companies even said that currently 10% of its gasoline products are shipped out of the country right now. They weren't going to add that 10% to the U.S. supplies and lower the price. Thats less money for them. Yet folk were still begging for more oil. :shame: Folk really need to start learning something about supply and demand and how these companies (especially energy) manipulate supply.

 

[SUtrp96]

I'm glad somebody pointed it out. We may not be as dependent on foreign oil but not way in the hell will the price drop. The oil companies already know how much you will pay for gas before you cut back consumption. They tested that out for the last two years. I don't care if the entire ocean turned to gasoline you'd still pay what the market can bare. One of the companies even said that currently 10% of its gasoline products are shipped out of the country right now. They weren't going to add that 10% to the U.S. supplies and lower the price. Thats less money for them. Yet folk were still begging for more oil. :shame: Folk really need to start learning something about supply and demand and how these companies (especially energy) manipulate supply.

I believe we all know about supply and demand....it was a supply and demand with health care but we all see how the government is altering that...to where it won't make any economical sense..

Then again all may be a smoke screen for the next election...so when a repub bring up the drilling issue...obama have in his back pocket..."well I let them drill in virginia"......
But knowing how liberal this cabinet is...something will come up when they get an "ecological study" from one of their experts....it will come out..."oh we can't drill there....scientist did several studies"....so I wouldn't get your hopes up too high

 

[players]

Nah, that crap up there will have nothing to do with him getting four more years. This is a GOP idea and they are damn shole not going to vote for him. It will boiled down to the economy and jobs.

I believe we all know about supply and demand....it was a supply and demand with health care but we all see how the government is altering that...to where it won't make any economical sense..

Then again all may be a smoke screen for the next election...so when a repub bring up the drilling issue...obama have in his back pocket..."well I let them drill in virginia"......
But knowing how liberal this cabinet is...something will come up when they get an "ecological study" from one of their experts....it will come out..."oh we can't drill there....scientist did several studies"....so I wouldn't get your hopes up too high

Actually STYLES is correct .

BUSH and the GOP proposed this back in 2006 when BP discovered a field of oil in the Gulf of Mexico larger than the one that has been in production in the North Atlantic for the last 40 years.
The GOP lead government opened up that track which included the regions of East texas, Louisana, Mississippi, and Alabama off shore boundaries.
They appeased the environmentalist by not opening up drilling off the coast of Florida and the East Coast at least until the current agreement expires.

That is why they are mad at Obama now because he want to let those "no exploration or drilling' agreements to expire off the Florida and East coast's where as it stands now, make it illegal to even look for new reserves in those areas.

They also wanted to expand the drilling in the Gulf to the deepest waters since drilling technology has been developed to reach the deepest part's of the gulf using those floating rigs instead of rigs that they sink to the ocean floor like the old ones in the North Atlantic.
Those type of "hard Rigs" are not being built anymore.
Huge fields of natural gas and oil is just waiting to be pumped up from those deep water gulf areas also that have been located.

The new rigs, (ONE) can drill in the deepest parts of the gulf and pump oil or gas from multiple wells as far away as 10 to 15 miles from the rig itself.

 

[BLAQUE PRINCE]

I believe we all know about supply and demand....it was a supply and demand with health care but we all see how the government is altering that...to where it won't make any economical sense..

Then again all may be a smoke screen for the next election...so when a repub bring up the drilling issue...obama have in his back pocket..."well I let them drill in virginia"......
But knowing how liberal this cabinet is...something will come up when they get an "ecological study" from one of their experts....it will come out..."oh we can't drill there....scientist did several studies"....so I wouldn't get your hopes up too high

Obviously folk don't know about supply and demand since they were on the war path demanding more drilling as if that was going to lower prices. Ron Paul for one has BEEN saying theres no supply problem to begin with. Thats one reason the Repubs paint him as crazy lol.

As for health care... As long as there are people in America that care about their health there is an infinite demand. So there is really nothing to alter to begin with. The price of health care is determined by the number of home foreclosures. :lecture:

I agree that its a political move though. A rather dumb one on his part too. The Repubs may go as far as to reverse course and start talkin about the environmental impact. Their base is dumb enough to follow it. Rest assured the MOST support he would get out of this from them would be silence. I think he's banking on them voting for it and letting the Dems ride that "see even the Repubs think we're right" wave on into November.

 

[J C]

Great move by our President. It goes along with his plan to build more nuclear power plants. All sources of energy should be maximized. :clap::clap::clap:

 

[Bane]

"Today’s announcement is unfortunately all too typical of what we have seen so far from President Obama — promises of change, a year of ‘deliberation,’ and ultimately, adoption of flawed and outdated Bush policies as his own," said Brendan Cummings, senior counsel at the Center for Biological Diversity, which has made a name for itself by filing endangered species lawsuits.

"Drilling our coasts will do nothing to lower gas prices or create energy independence," added Michael Brune, who recently took over as director of the Sierra Club. "It will only jeopardize beaches, marine life, and coastal tourist economies, all so the oil industry can make a short-term profit."

Instead, environmental groups said, greater effort should be placed on renewable energy, improving vehicle mileage and making other energy uses, from refrigerators to home heaters, more energy efficient.

Source

:lmao:

 

[Bane]

I agree that its a political move though. A rather dumb one on his part too. The Repubs may go as far as to reverse course and start talkin about the environmental impact. Their base is dumb enough to follow it. Rest assured the MOST support he would get out of this from them would be silence. I think he's banking on them voting for it and letting the Dems ride that "see even the Repubs think we're right" wave on into November.

I'm glad somebody else see this. The Republicans might do a 180 just to make him look bad. For the life of me I don't see why he would waste his political capitol on this crap and piss off his base. They have only a few months to get this economy rolling before campaign season kicks into high gear. If folks are still out of work and losing their jobs in masses then the Dems are going to get whacked big time.

 

[J C]

I'm glad somebody else see this. The Republicans might do a 180 just to make him look bad. For the life of me I don't see why he would waste his political capitol on this crap and piss off his base. They have only a few months to get this economy rolling before campaign season kicks into high gear. If folks are still out of work and losing their jobs in masses then the Dems are going to get whacked big time.

If he does not do something about our energy crisis we all will be without jobs. I don't believe this was a political decision but a rational decision that will pay dividends down the road.

 

[BLAQUE PRINCE]

If he does not do something about our energy crisis we all will be without jobs. I don't believe this was a political decision but a rational decision that will pay dividends down the road.

By energy crisis you mean just our dependence on foreign oil.

 

[pv_symbiotic]

Im against drilling in the Gulf Coast...

Damn...The President must have learned some horrible things about the Arabs.

 

[jag4life]

Environmental folks will never be satisfied anyway... anything that requires the displacement of GREEN natural resources will upset them.

Also, as some have said, there is no shortage of oil or Natural Gas in the U.S. Natural gas storage (in Louisiana) is actually full to the point that companies stopped pumping/transporting natural gas to the shore in late 2009.

With oil, whether it is drilled here or in Timbuktu, there is no guarantee that it will affect oil prices or demand. Upstream oil companies will still sell to whoever will give them the best price, even if they have to export... and downstream (refining) will still buy from the lowest bidder even if it is foreign oil.