Tuesday, January 11, 2011

Gulf Oil Spill - #2549 - Obama's Anti-Drilling Agenda - Heritage Foundation

In view of what has happened to gas prices in the last several months, you need to be aware of what Obama is doing to ruin our energy independence from foreign oil, please read, AW.    President Obama’s oil spill commission will release its long-awaited final report this morning, recommending new government regulations and limits on drilling. These conclusions could shape the future of the oil industry — and impact our nation’s energy policy for years to come. The commission’s primary focus was determining the cause of the spill. Last week it revealed that errors by BP, Transocean and Halliburton contributed to the blowout of the Macondo well, resulting in the deaths of 11 people and the worst spill in history. But the commission’s members have decided to go a step further. The anti-drilling measures recommended in their report would take America in the wrong direction. This shouldn’t come as a surprise. Obama picked five members who lack expertise in drilling and have a history of donating to Democrats. One member leads the Natural Resources Defense Council. Expect liberals to seize on the report to condemn the industry as a whole and renew their attacks on offshore drilling. But the fact is that mistakes of individual actors should not result in punishment for an entire industry.

The American people deserve better. With energy needs on the rise — and gas prices inching higher — now is a time for solutions. The first step is putting an end to the Obama administration’s anti-drilling policy in the Gulf of Mexico. Just two new deep-water permits have been issued since the politically motivated moratorium ended three months ago. That’s down 88 percent from the historical average. Shallow-water permits, which weren’t even subjected to the moratorium, are down 11 percent.  Read more........

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