As TYSK predicted when word
first leaked out that Obama
was going to “allow” (as I said then, how nice of him) more offshore
oil
exploration, the real deal is not so rosy.
Here
is an article does a fine job of summing up the
Øne’s deception:
Obama’s
New Drilling Plan: A Combination of Lies
And
Sleight of Hand
The
Lid
Today
President Obama announced the opening of some off shore sights on the
east
coast and Alaska. Even though it omits some of our most fertile
drilling spots
off the West coast and on the Alaskan mainland, most people will
celebrate the
President's action. But a closer look at the President's action shows
that
Obama "giveth with one hand and taketh away with the other"
The
President started off his announcement with a lie. He said
that the US
only has about 2% of the world's oil reserves. The Congressional
Research Service (CRS) has light on the true picture of
America's energy
resources. The comprehensive assessment looks beyond the Energy
Information
Administration's estimates of proven reserves to include government
estimates
from the U.S. Geological Survey and the Minerals Management Service to
include
America's recoverable oil resources from areas both accessible and
inaccessible
to drilling. The results show the U.S. endowment of recoverable oil to
be 167
billion barrels of oil, not 21 billion – nearly eight times higher than
the
number pedaled by Democrats. Remarkably, 167 billion is the
equivalent of
replacing America's current imports from OPEC countries for more than
75 years.
[snip]
Here's
a look at what the President is doing with the other hand:
Proposed
oil and gas leasing in Alaska's Bristol Bay will be canceled out of
concern for
protecting sensitive areas of the Outer Continental Shelf from
environmental
dangers.
This
could affect companies like Royal Dutch Shell which has expressed
interest in
the region, as well as Conoco Phillips, BP and Statoil.
Four
pending lease sales in the Chukchi and Beaufort Seas in North Alaska
will be
canceled and those areas reserved for future scientific research to
determine
if they are suitable for further leasing. At the same time, a
previously scheduled
lease sale in Alaska's Cook Inlet will proceed.
Full
article here:
http://yidwithlid.blogspot.com/2010/03/obamas-drilling-plan-combination-of.html
Note: Some
formatting from the original newsletter may be lost in this reprint.
|
