From her Facebook page:
The evidence of the President’s anti-drilling mentality and his culpability in the high gas prices hurting Americans is there for all to see…
…Guided by politics and pure emotion following the Gulf spill instead of peer-reviewed science or defensible law, the President used the power of his executive order to impose a deepwater drilling moratorium. The Administration even ignored a court order halting his moratorium. And what is the net result of the President’s (in)actions? A large drilling company was forced to declare bankruptcy, the economy of the region has been hobbled, and at least 7 rigs moved out of the Gulf area to other parts of the world while many others remain idle. Is it any surprise that oil production in the Gulf of Mexico is expected to fall by 240,000 bbl/d in 2011 alone?
But that’s just the Gulf. There’s also the question of a moratorium on the development of Alaska’s Outer Continental Shelf. It seems the Obama Administration can’t agree with itself on whether it imposed a moratorium there or not. The White House claims that they didn’t, but their own Department of the Interior let slip that they did. To clear up this mess, Gov. Parnell decided to sue the DOI to get a solid answer because such a federal OCS drilling moratorium would violate federal law…
Some are expecting the recent drop in oil prices will result in lower gasoline prices – perhaps, but only temporarily. First off, the summer season approaches when insane, government regulations require a different and more expensive formulation of gasoline be used in the United States. Secondly, with a number of Japanese oil refineries out of action at least for a while, there will be rising demand on other refineries, pushing up the price of gasoline even if the price of oil eases. Finally, the turmoil in the Middle East is not likely to end soon – Saudi Arabia managed to put a lid on it, but we must expect that the wave of revolution will continue, putting upward pressure on oil prices as time goes on.
The United States cannot, perhaps, become oil independent (though with a dearth of exploration in recent decades, we really don’t know, for certain…but the amount of oil we’re finding in the Dakotas indicates that there might be quite a lot of it in American territory that we don’t know about), but we can at the very least substantially reduce our imports. And we can also greatly reduce supply swings at the consumer level by building enough refining capacity to ensure that there is sufficient slack to meet all emergency demands.
The energy policy of the Obama Administration seems to be clearly in line with his goals stated as a candidate – he wants prices to rise very high. This is because only by placing a crushing financial burden on the American people will the “green” alternative become palatable. We’re being social-engineered – and the worst part of it is that Obama’s “permatorium” on offshore drilling is illegal…yet another examples of the lawlessness of the Obama Administration.
2012 can’t come fast enough.
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