so if the Republican President did same thing as Obama.... can I expect such replies like above?
Not sure if I am happy or not. I am "leery".
Its like making a deal with the devil .... there is always a catch.
Will it be mandatory to purchase only from these companies or face stiff fines and/or imprisonment?
The catch is simple....and obvious
They passed Health Care which was unpopular strictly along party lines. They have to do damage control before the mid terms. They decided to lose a battle so that they could appear to be the party of compromise in order to refute the claims that they are a run away party. The picked a big campaign issue and chose to give an inch and the inch that they chose (offshore New England) Is the least likely to succeed. It benefits them in 2 ways.....In 2010 they will claim they are the party of compromise. In 2012 they will say we tried what they wanted and it failed. It's brilliant strategy really. I am impressed.
Will this affect gasoline prices?
Don't hold your breath. Even if oil exploration in these areas goes exactly as planned, "you're looking at seven or eight years down the road" before that oil can be pumped in large quantities for U.S. refiners, said Mark Gilman, an oil and gas analyst for The Benchmark Company.
More offshore drilling won?t impact gas prices - Oil & energy- msnbc.com
Something that Bush tried to do several years ago. Had it been allowed back then we would most likely see oil flow a few years down the road from now.
These things should've been planned 10, 15, 20 years ago. Else we wouldn't see that 70% of our oil as import oil while 30% of it is domestic oil by now.
More offshore drilling won?t impact gas prices - Oil & energy- msnbc.com
Something that Bush tried to do several years ago. Had it been allowed back then we would most likely see oil flow a few years down the road from now.
These things should've been planned 10, 15, 20 years ago. Else we wouldn't see that 70% of our oil as import oil while 30% of it is domestic oil by now.
well past is past. focus about now. Are you happy that Obama has finally allowed oil drilling? or you rather that we continue offshore drilling ban?
It won't work if there are limitations. Allow all offshore drilling. Or at least major chunks of it available for drilling.
it's a start..... it's better than a ban.
WHEN WAS the last time an American president stood before an audience in a foreign country and announced that he looked forward to importing more of its oil? Answer: Just over a week ago, when President Obama joined political and business leaders in Brasilia in hailing the fact that their newly discovered offshore petroleum reserves might be twice as large as those in the United States. Americans “want to help with technology and support to develop these oil reserves safely, and when you’re ready to start selling, we want to be one of your best customers,” Mr. Obama said.
Brazil is probably a more stable, secure supplier than, say, Libya. Still, the president’s words were ironic. Brazil already produces vast quantities of a fuel — ethanol — that the U.S. government, under a policy long supported by presidents and farm-state members of Congress from both parties, has promoted as a green alternative to gasoline. But the United States, protecting its own heavily subsidized ethanol industry by means of a 2.5 percent tariff and a 54-cent-per-gallon duty, prevents Americans from importing all but trivial amounts of the stuff from Brazil. Therefore, we need more oil — much of it imported. In Brasilia, Mr. Obama spoke of strengthening U.S.-Brazilian technical cooperation on ethanol but did not propose allowing U.S. protectionist measures to lapse after their scheduled expiration on Dec. 31.
As for offshore drilling, Mr. Obama’s enthusiasm for punching holes in the ocean floor off Brazil is hard to reconcile with his decision, announced Dec. 1, to keep the waters off the East and West coasts and the eastern Gulf of Mexico off-limits to exploration indefinitely.
You bought up from Foxnews's link. We all know that Foxnews always tells the half truth.
You bought up from Foxnews's link. We all know that Foxnews always tells the half truth.
Just to point out here Obama's expiration date and hypocrisy whenever he talks. He certainly favors "Drill, baby, drill!" but not in America but rather elsewhere like giving huge support to Brazil to help them drill for more oil out on the ocean and import it to America. Not ethanol that Brazil is huge on for importation but oil. Certainly this is not a move towards greater independence from foreign sources of oil. Certainly not about creating jobs in America or reduce the need for drilling oil over waters. This is about creating even more dependency on foreign sources of oil instead of tapping into our own massive oil deposits (conventional and unconventional oil) that are bigger than the Middle East and Canada combined, even Brazil.
As Libya's oil, they don't even make the top 15 countries that import oil to the United States. Algeria is #9 on the list, a country that sits adjacent to Libya. To mention Libya in this article is misleading and doesn't deserve a mention. Brazil is #8 on our list of countries that import oil to the United States. Nothing trivial about that. Canada is number one.
Crude Oil and Total Petroleum Imports Top 15 Countries
Drill, Brazil, drill, says the U.S. - The Washington Post
Note the continual hypocrisy and expiration date. Yeah, Obama is the "Drill, baby, drill" but not in our country with heaping of rich deposits of oil that countries would be envy of. Instead, we get a dolt of a president.
We have to get energy from somewhere and the whole green jobs thing is a job-killing scam (at least if the experience of other countries is any indication). Once it can compete with oil on its own without government interference, I'm all for it. For now, we have an economy that needs to recover and blocking oil drilling is a bad thing to do.I don't support oil drilling unless improve the MPG, invest in clean energy and better safety/regulation are included.
Did you see the entire segment? Because if you see it in context, you'll see that the people who clipped that little excerpt are lying to you.Or bald-faced lies. A short time ago they aired a video allegedly showing violence during the teachers strike in Wisconsin. However, one could plainly see palm trees in the background. Palm trees in Wisconsin???
We have to get energy from somewhere and the whole green jobs thing is a job-killing scam (at least if the experience of other countries is any indication). Once it can compete with oil on its own without government interference, I'm all for it. For now, we have an economy that needs to recover and blocking oil drilling is a bad thing to do.
Did you see the entire segment? Because if you see it in context, you'll see that the people who clipped that little excerpt are lying to you.