From the Daily Caller:
Almost 190,000 jobs could be created by 2013 if offshore drilling returns to pre-spill levels, according to a study sponsored by two oil trade groups, the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API).
The study, conducted by Quest Offshore Inc., found that if permits for exploration and drilling returned to historic levels, and if backlogged requests were granted, 400,000 jobs could be supported across the United States with a GDP increase of $45 billion by 2013…
Because Obama flies from one screw up to another we tend to forget the older ones – in this case, the absurd “permatorium” he put in place in response to the Gulf oil spill. The chances of a repeat of that particular accident, even if no action was taken, are exceptionally small…and nearly non-existent if a few, common-sense precautions are taken in that sort of drilling (ie, deep water). But Obama, true blue liberal that he is, couldn’t pass up the chance to gut America’s offshore oil industry – and so he imposed his permatorium and simply will not lift it (by hook or by crook, he keeps it in place – just by going slow on new permits he puts a hammer lock on it).
While we are all gleeful at the prospect of using Obama’s speech in Brazil (where he stated he hopes America will become Brazil’s best customer), we really do need to break this log jam. Some means must be found to force Obama to allow us to drill for oil – even if this report is wildly over-optimistic, it would still mean tens of thousands of new, high paying jobs…and jobs which produce actual wealth and which are within reach of regular, blue collar Americans (the American economy can never be a place where we merely write computer programs and shuffle fake money around Wall Street, you know? Someone has to do some actual work). Continual pressure must be applied – and ever legislative effort (including the debt deal) should include a legislative end to Obama’s drilling “permatorium”.
It is time for us to start working in the interests of the American people – and I can’t think of a better “step one” than to start drilling for oil.
Blogs For Victory 
I will be on a job site until late afternoon and will not be posting until after 4.
beware of the trolls
Obama has no idea what he is doing, and neither do the Harvard sycophants that surround him. He is completely out of his depth and we are all suffering because of it. Re: the debt deal, will anyone ever bring up the fact that Obama has increased the deficit by one trillion dollars and every spending program that is a result of that; Obamacare, NIH, stimulus, etc., are all off the table in terms of negotiating, so how serious is Obama about the debt ceiling? Not serious at all actually. If we were to go back to 2008 spending levels, there would be no crisis, this entire disaster is a result of Obama, and his incompetence and desire to grow the federal government.
Offshore drilling is definitely a biggie. But don’t forget about ANWR.
And keep an eye on Salazar and the newly empowered EPA, and their escalating war on petroleum extraction through their attacks on hydraulic fracturing. We have two massive petroleum deposits in the West, the Bakken and Niobrara formations, which rival Middle Eastern oil deposits, but both depend heavily on hydraulic fracturing for efficient extraction, and Kenny-boy, with his new presidential expansion of authority in hand, is going after the process.
Almost 190,000 jobs COULD be created by 2013- and the Obama continuation of the Bush tax cuts COULD have led to more jobs, but they didn’t.
The study, conducted by ‘Quest Offshore Inc’- no bias there NOPE
Yesterday there was talk about CISCO outsourcing 10,000 jobs, or about 14 percent of its workforce, to revive profit GROWTH. Not to get back to making a profit, but to revive the GROWTH of profits.
The reality of so-called ‘Fiscal Conservatives’ is positively Alice in Wonderlandesque nowadays, but I think Mitch McConnell is trying to top Lewis Carroll.
McConnell’s Contingency Plan
By Rich Lowry
It’s beginning to get out on the Hill. It’s complicated, but here is the gist as I understand it: Congress authorizes in legislation the president to submit a request for an increase in the debt limit in three tranches over the next year or so, with corresponding proposals for spending cuts; when the president submits his request, Congress immediately considers a resolution of disapproval; if the resolution passes, the president can veto it and–assuming his veto is subsequently upheld–he gets the increase in the debt limit.
Why would Americans, or anyone for that matter, want to do actual work for fiat money?