Obama Pretends That He Is Opening Drilling As Smokescreen For Pushing Cap And Trade
Click on the link at the bottom and read the whole thing. This entre thing is crap and blocks more drilling than it opens, hoping that stupid Republicans will fall for it and vote for cap and trade.
After everything that has discredited the Global Warming hoax, Obama is STILL pushing it. This goes to prove once again that Cap and Trade has NOTHING to do with the environment and everything to do with control and taxes.
The Obama administration is proposing to open vast expanses of water along the Atlantic coastline, the eastern Gulf of Mexico and the north coast of Alaska to oil and natural gas drilling, much of it for the first time, officials said Tuesday.
The proposal — a compromise that will please oil companies and domestic drilling advocates but anger some residents of affected states and many environmental organizations — would end a longstanding moratorium on oil exploration along the East Coast from the northern tip of Delaware to the central coast of Florida, covering 167 million acres of ocean.
If this were a sincere change of heart and an honest, stand-alone effort to wean America off foreign oil, it would be worth heralding.
But as always with this administration, there’s a catch, via the American Energy Alliance:
“One major flashpoint in the negotiations has been whether to share drilling revenue with states and to allow states to opt in or out of drilling along their coastlines. It was unclear late Tuesday whether Obama endorses revenue-sharing for states. “It appears the Northern Atlantic and entire Pacific Coast will now be under a de facto ban” for drilling, said Patrick Creighton, a spokesman for the Institute for Energy Research. Even if drilling is ultimately allowed in part of the Atlantic, Creighton said, revenue sharing is an essential incentive for states. The administration’s plans could meet resistance from at least 10 Senate Democrats representing coastal and Great Lakes states who last week raised concerns about “unfettered access to oil and gas drilling” that could jeopardize fishing, tourism and military exercises. The Interior Department retooled the current schedule of offshore leases governing 2007 through 2012 after a federal appeals court last April ruled that the second Bush administration had not done a sufficient environmental review of expanded drilling off the Alaskan coast.