Obama surrenders gulf oil to Moscow

[Thermactor]

Son of a bitch

 

[EMRGLOBAL]

Once again, I remind the people who pretend to understand energy review and research.

First, wind, solar green energy has its small nitch..but it will not replace hydrocarbons. Even if all the cars on the world ran on water, oil will be a major source of energy for.decades to come.

I could list products that require oil....10000s of them.

Green energy has lost a tone of private venture capital this year. The money is coming from foeds, your tax dollars. Do some research.

Green jobs cost more to produce than what they put out, makes very little business sense. Solar companies are sucking wind and laying offs. Startups have yet to produce.

Hr bill 138. Read it.

Once again atlas shrugged is coming to.reality. soon the brainless citizen will be left with the world they want, while the wealthy flee to continue to prosper.

 

[Kassz007]

Quote from Pekelo:

I love the word LET. The US LETS the Russians drill in the Gulf. Mind you it is perfectly LEGAL, by international laws.

Let's say an American oil company wants to drill in the Baltic Sea (perfectly legally, mind you) and the Russians object to it, because it is "traditionally" Russian interest sphere, there would be an American uproar about it.

I thought the point of capitalism was to let companies and countries to COMPETE with each other for a better/cheaper product for the costumer...


P.S.: Not to mention it is not guaranteed that the project is economically feasible...

Nobody can make a move without the World Police giving the OK

 

[tmarket]

March 31, 2010
Obama to unveil offshore drilling plans for oil, natural gas
The proposal through 2017 will open new areas of the mid-Atlantic region, Alaska and the eastern Gulf of Mexico for production but prohibit moves off California, Oregon and Washington.

Vast new offshore areas opened for new studies and drilling, some fishery areas such as Bristol bay, site of Exxon Valdez oil spill in 1989, still off limit.

Obama to unveil offshore drilling plans for oil, natural gas
The proposal through 2017 will open new areas of the mid-Atlantic region, Alaska and the eastern Gulf of Mexico for production but prohibit moves off California, Oregon and Washington.

Reporting from Washington - President Obama will announce new plans to drill for oil and natural gas off America's coasts Wednesday but will rule out drilling off California, Oregon and Washington state through 2017, administration officials say.

Obama's plans will include opening new areas of coastal Virginia and other parts of the mid-Atlantic region, Alaska and the eastern Gulf of Mexico for drilling. But officials say the president will block drilling in Alaska's Bristol Bay, where the George W. Bush administration's drilling plans in 2007 angered environmentalists.

According to administration officials, the plan would:

* Eventually open two-thirds of the eastern Gulf's oil and gas resources for drilling.

* Proceed with drilling off Virginia, provided the project clears environmental and military reviews.

* Study the viability of drilling off the mid- and southern Atlantic coasts.

* Study the viability of drilling in Alaska's Beaufort and Chukchi seas -- areas hotly defended by environmentalists -- but issue no new drilling leases in either sea before 2013.

The eastern Gulf of Mexico leases hinge on Congress lifting a moratorium on drilling there. Even if that happens, administration officials said, Obama's plan included no drilling within 125 miles of the Florida coastline.

The announcement, scheduled for an energy security event at Joint Base Andrews Naval Air Facility, will be Obama's first major policy step into the politically charged area of offshore drilling.

The president's drilling plans run through 2017. The likely scope and details of the proposals represent compromises that risk angering energy companies and environmentalists alike.

The proposals will be open for public comment for several months, then will be finalized by the administration.

Obama's announcement will come in the run-up to the summer driving season, as gasoline prices have begun a national march toward $3 a gallon, and beyond that in California.

The administration is pushing expanded offshore exploration as a bargaining chip in its attempts to enact sweeping legislation to curb oil imports and reduce greenhouse gas emissions.

Energy companies and conservatives have clamored for increased drilling since gasoline prices rose during the 2008 presidential campaign. Environmentalists contend that more drilling could lead to oil spills and the destruction of fragile ecosystems.

While campaigning for the White House, Obama called for increased, targeted drilling.

In his State of the Union address in January, the president said energy security and job creation require "making tough decisions about opening new offshore areas for oil and gas development."

But his administration has come under heavy criticism from Republicans, who accuse it of dragging its feet on offshore exploration. Some in the GOP accuse Obama of a de-facto moratorium on new drilling.

Shortly after Obama took office, his Interior Department retracted a Bush administration proposal for drilling from 2012 to 2017. Later, a court invalidated portions of the nation's existing drilling plan.

Wednesday's announcement will set out a new 2012-17 proposal as well as more immediate plans for lease sales.

Administration officials said Interior Secretary Ken Salazar, as part of Obama's new drilling plan, will scrap a planned lease sale for Bristol Bay. Obama will announce that he is reverting to the policies of Presidents George H.W. Bush and Clinton, who both blocked drilling of any kind in the bay.

Bristol Bay is a highly productive fishery and part of a Bering Sea region that supplies 40% of the nation's seafood. Congress blocked drilling there after the Exxon Valdez oil spill in 1989. President George W. Bush removed the last impediments to drilling in the bay in 2007 and had scheduled a drilling lease sale there in 2011.

The Interior Department considered opening drilling in areas off California but decided against it, officials said.

Gov. Arnold Schwarzenegger opposes more offshore drilling, his spokesman said, but supports a proposal to allow expanded drilling off existing platforms for a set period of time. After the allotted time, the platforms would be removed.

Other governors, including Republican Bob McDonnell of Virginia, have pushed Obama to allow more drilling off their coasts.

Pending legislation could give state officials a stronger hand in those decisions. The crafters of a Senate energy and climate bill are mulling over a provision that would allow states to choose whether to open close-in offshore areas for drilling.

 

[pspr]

Obama wants energy prices to skyrocket so alternative energy becomes price competitive. He is going to try to attach his meager offering of a little offshore drilling today to cap and tax legislation which is the next item on his "kill the U.S. economy" adjenda.

Obama has a plan and we ain't gonna like it.

 

[jprad]

Quote from unretired:

The scary one is military under a Putin directive sneaking nuclear subs off our seaboard under tankers that now can play in our region.

Don't even blow off this idea ... it is masterful as far as a strategic first strike strategy.

You can't possibly be that naive, can you?

The U.S. has had several boomers parked 24x365 within striking distance of every major Russian city for decades.

Before that it was B52's 24x365 circling 3 major patterns in a way that 3 bombers were always within 2 hours striking distance of those same cities.

They, in turn, have been doing the same.

It's called MAD.

 

[jprad]

Quote from the1:

Twenty years from now cars run on a little box that requires no oil and produces no or little emissions.

40 years ago I remember hearing the conspiracy theories of Big Oil(tm) buying and burying the patents on the fabled 100mpg carburetor.

So, where the fuck are those patents now?

As for the "bloom box," Until Bloom Energy comes out with hard data to support their claims it's just another crock of shit AFAIC.

Everyone always buys into these pipe dreams because they're too ignorant to understand that the "cost" of Energy will always come down to three factors; Clean, Cheap and Plentiful.

Pick the two you want and invert the remaining one.

 

[rcaldwell]

Quote from jprad:

You can't possibly be that naive, can you?

The U.S. has had several boomers parked 24x365 within striking distance of every major Russian city for decades.

Before that it was B52's 24x365 circling 3 major patterns in a way that 3 bombers were always within 2 hours striking distance of those same cities.

They, in turn, have been doing the same.

It's called MAD.

Nevertheless, something very unsettling about being off our coast. They sure as heck put Georgia down in a hurry (and you know part of the reason why).

 

[fkbsuhites]

Yet another low IQ thread populated by endless ignorant rejoinders from the other resident geriatric tea gagging losers.

What appears to escape this despicable group of resident maggots is that CUBA gave the Russians licensing to drill in CUBAN TERRITORY.

How these maggot lowlifes manage to extrapolate this morsel of information into Obama giving the Russians oil rights is an apt example of the frightening stupidity that is the hallmark of the average unamerican tea gagging nutwing. You people are born to be slaves.

 

[jprad]

Quote from rcaldwell:

Nevertheless, something very unsettling about being off our coast. They sure as heck put Georgia down in a hurry (and you know part of the reason why).

If you think that having a Russian naval vessel off the coast of the U.S. is something new you're clueless.