Believe It

"IF EVER A TIME SHOULD COME, WHEN VAIN AND ASPIRING MEN SHALL POSSESS THE HIGHEST SEATS IN GOVERNMENT. OUR COUNTRY WILL STAND IN NEED OF ITS EXPERIENCED PATRIOTS TO PREVENT ITS RUIN." SAMUEL ADAMS......... 1776

*

“In a country where the sole employer is the State, opposition means death by slow starvation. The old principle: who does not work shall not eat, has been replaced by a new one:

who does not obey shall not eat.” Trotsky

**

It does little to be right due to the laws of man,

and dead due to the laws of physics. - Unknown

***

Political Correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd or stick of dynamite by the safe end. - unknown

****

In America's Policy and Political game the tax paying citizens do not yet comprehend that they are the dummies. Sharky&Sharky

*****

Gun Control: The theory that a woman found dead in an alley, raped and strangled with her own pantyhose, is somehow morally superior to a woman explaining to police

how her attacker got that fatal bullet wound.

******

No statement should be believed because it is made by an authority.
Robert A. Heinlein

*******


Wednesday, March 31, 2010

Barry: "Let Off-Shore Drilling Begin"...Or Grab the Money and the Power

How far back shall we go to see the saga of ocean oil drilling unfold; we could go back to pre-Elvis 1953 and the Outer Continental Shelf Lands Act? Since this ocean oil drilling has undergone many drill and do not drill cycles, we will go further back than President GHW Bush. But the question to consider is what is driving the socialist Barry is saying to permit the off-shore drilling for oil.


In 1990 GHW Bush ordered the Department of Interior to limit off-shore leasing activity (for oil pursuits) to Louisiana, Alabama, Texas and part of Alaska. His son Govenor Jeb did not want any oil drilling off of Florida. In 1998 President Clinton extended the oil ban for another ten years.

In 2008, President George W. Bush signed the Energy Independence and Security Act, which included a provision calling for Congress to pass legislation opening access to the outer continental shelf and ANWR for oil exploration.














How could Barry endanger these polar cuties?






So why did the President Obama adopt a similar plan? (Unfortunately, the new plan is not on the President's website so we will have to use second hand sources to explain it.) Initially Barry was preaching that changing your tire pressure was enough.

Well Interior Secretary Salazar is doing the environmental impact studies. He is currently getting new studies done to obtain new data on the location and properties of oil reserves.On March 31, 2010, President Obama announced the expansion of oil exploration, flipping his position on benefits of tire pressure.


No longer is President Obama ridiculing the long wait to oil output. He is no longer skeptical about the productive capacity of 1.7B acres of the outer continental shelf (OCS) under management of the OEMM which may produce 86B barrels oil, possibly generating 15 to 20 years of oil supply. Here is an ABC report that discussing the specific areas of the OCS that will be leaseable .(Sorry: there is a bit about Iran in the video skip that for now.)
Click to Enlarge
There are those that think Barry has not flipped on OCS leases, like PolitiFact.Com. Remember he updated his position on nuclear fuel on February 16, 2010, by providing $8.3B in loan guarantees to build nuclear reactors. Why did the Socialist Barry flip or did he flip? John Broder of the NYT gives rational reasons for the flip. Such as: one, there is a need to reduce our dependency on foreign oil especially since some of the oil comes from enemies of the US, two, the government is going to need money to fund the new monster health plan, three this is a way to get more Republicans to support the climate change bills such as "Cap and Trade". Not bad reasons for a President but not good enough for a socialist.

Other reasons for a politician: Look at the map, notice the number of southern blue states that could gain from oil lease revenue and oil taxes assuming it is shared. This can become only lip service, with a head fake, as the closing of the formerly available Bristol Bay and now opening of the Chukchi Sea and the Beaufort Sea. Another head fake could easily follow. Two, it could be that President Obama sees the nexuses of low cost and always accessible domestic oil and more US jobs and low cost American goods. Three, it could be that in the manner in which he plans everything, namely without a plan, oil exploration is added to the mix that is not working, biomass, windmills, batteries etc, along with a poorly funded nuclear power loan guarantee plan. Fourth in the poker game of energy between the environmentalist and the oil companies President Obama saw that denigration of the oil industry was not working for him. But these are all presidential or political reasons not socialist reasons.

Sharky&Sharky side with Rightpundits and say look for the power grab. Look for the Socialism. Look for the state insitutionalization of the oil industry; that is the crushing of its liberty. Sharky&Sharky says, look for money and the power flow forming a nexus that structured somewhat like this: Purchases of the oil leases from the government, high cost royalty payments to the government, prices and salaries set by the government, and distribution approved by the government via strong licensing and regulation by the government. The Oil Industry is in line to suffer the fates of the Insurance Industry. Steal yourself to fight modern corporatism or be prepared to loose your liberty!

©Sharky&Sharky

0 comments:

Post a Comment