The Obama Administration has used the Gulf oil disaster of a year ago to limit oil exploration in the Gulf and elsewhere. As a result, the oil production in the Gulf is down 13 percent versus a year ago. That also means that there are a corresponding number of people out of work, who are denied productive and well-paying jobs.
We do not stop all commercial aircraft from flying when there is an airline tragedy. We do not stop all cars from driving on the highways when there is an unfortunate deadly automobile accident. No! We learn from those accidents and move on.
This administration’s propensity for moratoriums and prohibitions on oil and natural gas exploration right here at home is dramatically affecting the expectations about global supply and demand. It’s that simple.
Obama’s energy policy: Blame at the pump
Moderator: Jim O'Bryan
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Obama’s energy policy: Blame at the pump
http://www.hermancain.com/inner.asp?z=9
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Re: Obama’s energy policy: Blame at the pump
That's hardly a peer reviewed Fact based news article. It's some tea party affiliated guy trying to run for president.
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Re: Obama’s energy policy: Blame at the pump
Ellen Cormier wrote:That's hardly a peer reviewed Fact based news article. It's some tea party affiliated guy trying to run for president.
That hardly means it not factual. Nor does an article being peer-reviewed mean that it is perfectly factual either.
Has oil exploration and production in the gulf been reduced? Yes.
Have jobs been lost as a direct result? Yes.
Does the resulting growth of American dependence on other oil sources shift the supply-and-demand of the entire world? Yes.
Is air traffic halted after every accident? No.

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Re: Obama’s energy policy: Blame at the pump
The oil industry and airline industry Analogy is not very useful for discussion. While a plane crash is always tragic it does not cost billions upon billions to clean up, threaten 1000's of square miles of habitat or put in jeopardy multiple industries and cities. Oil consumption by china and India eclipsing American demand is or will be the cause of problematic prices and we had the chance to create alternatives 30 years ago (Obama was barely out of his teens) to set a better stage than what we have today. It was poo pooed and shut down by conservatives and Carter lost reelection.
Face facts. We are 30 years behind what we should be in the realm of energy and it's a tragedy. I believe we can still make substantial changes if we work together and face the problem.
Face facts. We are 30 years behind what we should be in the realm of energy and it's a tragedy. I believe we can still make substantial changes if we work together and face the problem.
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Re: Obama’s energy policy: Blame at the pump
And frankly people loose jobs all the time for all different kinds of reasons. People get new jobs too. Isn't that what your free market is all about? I love how conservatives scream about people loosing jobs when it's convenient for them. A damn lot of people lost jobs because of the tragic gulf oil disaster. The government owns the rights to the waters and there are international considerations as well. We do not need any more devestating accicidents. Despite that oil rigs in the gulf have hardly been shut down. A cautious approach to new drilling is absolutely warranted!!
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Re: Obama’s energy policy: Blame at the pump
And even further, jobs are not lost when permits that never existed are not issued.
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Re: Obama’s energy policy: Blame at the pump
There is plenty of oil. The main causes for the increase in oil prices are:
1. Speculation by the giants of corruption such as Goldman Sucks.
2. Bush/Obama appointees to the Federal reserve who's monetary policy that makes no attempt to control inflation causing the collapse of the dollar. They say there is no inflation but they don't count energy and food costs....the only things that matter.
3. Money loaned at no cost which allows speculation with no consequence. Japan had this policy "cash and carry" and when they began raising the interest rates in 2008 the crash began.
1. Speculation by the giants of corruption such as Goldman Sucks.
2. Bush/Obama appointees to the Federal reserve who's monetary policy that makes no attempt to control inflation causing the collapse of the dollar. They say there is no inflation but they don't count energy and food costs....the only things that matter.
3. Money loaned at no cost which allows speculation with no consequence. Japan had this policy "cash and carry" and when they began raising the interest rates in 2008 the crash began.
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Re: Obama’s energy policy: Blame at the pump
I think the biggest contributor to rising energy prices (oil/gasoline) would probably be the doubling of world population that has taken place in the last forty years or so.
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Re: Obama’s energy policy: Blame at the pump
Tim Liston wrote:I think the biggest contributor to rising energy prices (oil/gasoline) would probably be the doubling of world population that has taken place in the last forty years or so.
Or stopping offshore and domestic drilling so demand does not keep up with supply..
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Re: Obama’s energy policy: Blame at the pump
Stephen, again, NO ONE has stopped off shore and domestic drilling. Knock it off with the misrepresentation of what the actual moratoriums on new drilling are. They are nothing new and have been going on for decades. There are places where it is difficult to drill and areas where large population centers and vacation industries would be threatened. Oil is not the only thing going on in the gulf.
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Re: Obama’s energy policy: Blame at the pump
http://www.eia.doe.gov/pub/oil_gas/natu ... fshore.pdf
Here are the rules that hamper oil production...Offshore natural gas and oil exploration, drilling, production, and transportation have all been affected. Legislative action has ranged from imposition of a wide range of requirements on operations in the offshore to complete removal of access to offshore resources. Today natural gas and oil drilling is prohibited in all offshore regions along the North Atlantic coast, most of the Pacific coast, parts of the Alaska coast, and most of the eastern Gulf of Mexico. The central and western portions of the Gulf of Mexico therefore account for almost all current domestic offshore natural gas and oil production.
Energy Information
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Re: Obama’s energy policy: Blame at the pump
So apparently the deepwater moratorium on drilling which was lifted a month early last October had less economic impact than originally estimated: http://www.nytimes.com/2010/08/25/us/25drill.html
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Re: Obama’s energy policy: Blame at the pump
Someone did stop offshore drillingNO ONE has stopped off shore and domestic drilling.
