Response to Obama's Idiotic Oil Claims

He completely lied through his teeth.

Hey folks,

I really didn't want to start off with this, but we have to. Obama comes out Friday and completely lied through his teeth. He said that he was not blocking Drilling. He shut it down. He cost Americans over 50,000 Jobs. He forced Companies to leave town. He is STILL preventing exploration and Drilling.

I have the transcript, but it is nonsense. It's a bunch of bunk. It matters not what he said on Friday, what matters is REALITY. What he has done and what he continues to do. It's so far out there from Reality, that it's almost hard to stomach.

So what is the Industries response? According to the President of API, Jack Gerard, Obama is not addressing the real issues. Who is API?

API represents more than 450 oil and natural gas companies, leaders of a technology-driven industry that supplies most of America's energy, supports more than 9.2 million U.S. jobs and 7.5 percent of the U.S. economy, and, since 2000, has invested nearly $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.

So they KNOW Energy. According to the President, Jack Gerard,

"Long-term problems call for short-term leadership. Suggesting that we rely on other nations to solve our energy challenges is irresponsible and will not increase our energy security. The Obama administration continues to delay or defer action on developing our domestic resources of oil and natural gas at every turn.

The trend is alarming. The administration has postponed lease sales in offshore areas. It has cancelled lease sales in onshore federal lands. It has extended permitting timelines for current leases and added unnecessary regulatory burdens. It has chosen inaction on essential energy projects that would create jobs, drive economic growth, and boost federal revenues.

The administration is well on its way toward creating higher gasoline prices for Americans.

To get more oil and gas, we need more access. Placing more government lands and waters off-limits and forcing companies to focus on areas that may show little promise even if already under lease will not solve our energy challenges.

The best thing the administration can do on gasoline prices is to encourage greater oil production and greater fuel efficiency here at home. Launching another gasoline price investigation, when it's obvious strong demand and world events are driving today's markets, is pointless."

It's POINTLESS especially when you add into the equation the inability to ADD and USE our OWN resources. Remember, we talked about this in the past. We can go from NOTHING, bring in a Drilling platform that weighs more than Ten Thousand Cars, higher than the Eiffel Tower, retrieve the Oil and ship, refine, and get to market in under two years. When done? You will never know it was there.

But you all know this. You all know that we have more Oil and Natural Gas than the entire Middle East combined. And so do they. Why else do you think that just the mere mention of us Drilling by Bush caused the price to plummet. Now they KNOW we are not doing anything about it, the Price is rising again.

Yes, World Demand and what is happening in the Middle East IS affecting the Price of Crude. But we are not going to be adding to the Supply with our own anytime soon. Not if Obama has his way.

You want the REAL facts on this, The Canadian Oil Sands, The REAL Facts on Fracking, or the reality of why we need Oil and Natural Gas, Visit our friends over at Energy Tomorrow, and the API itself.

Do not be misled folks. Obama IS causing the Price to Skyrocket. But this is no surprise. He said he would. He said he likes it too.
Peter

Sources:
Energy Tomorrow - API to White House: Long Term Solutions Require Short Term Leadership