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Title: Obama's Big Lie -- We’re drilling in deepwater because we’re running out of places to drill
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URL Source: http://gatewaypundit.firstthings.co ... logging-the-obama-bp-beatdown/
Published: Jun 16, 2010
Author: gatewaypundit
Post Date: 2010-06-16 10:36:49 by no gnu taxes
Keywords: None
Views: 14465
Comments: 78
Two vacations, a half dozen parties, and several rounds of golf later, Barack Obama finally addresses the nation on the BP oil spill. Lie #1: We’re drilling in deepwater because we’re running out of places to drill. Not True. For decades, Democrats have blocked efforts to responsibly develop this nation’s energy resources, transforming vast areas of opportunity into “The No Zone.” Over the past 30 years: Democrats have blocked the development of new sources of petroleum. Democrats have blocked drilling in ANWR. Democrats have blocked drilling off the coast of Florida. Democrats have blocked drilling off of the east coast. Democrats have blocked drilling off of the west coast. Democrats have blocked drilling off the Alaskan coast. Democrats have blocked building oil refineries. Democrats have blocked clean nuclear energy production. Democrats have blocked clean coal production. But, they’re funding projects in Brazil. The Wall Street Journal reported: The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan. This radical president is shameless. He’s pushing for more regulations and his cap-&-tax energy policy that will cause energy costs to necessarily skyrocket. Now he’s quoting 
Reverend Wright a fisherman’s prayer.
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#2. To: no gnu taxes (#0)
And the industry has been shutting down existing refineries. "In the mid-1990s too much refining capacity, not too little, concerned the nation's major oil companies. At that time, the oil and gas industry faced what they termed "excess refining capacity," a circumstance they viewed as a financial liability that drove down overall profit margins. The industry reduced the total amount of potential supply by closing down more than 50 refineries in the past decade. Since 1995 alone, 24 refinery closings have taken nearly 830,000 barrels of oil per day." www.safehaven.com/article...soline-bubble-manipulated Democrat Senator Dianne Feinstein, fought the closure of a refinery in Bakersfield. I am writing today to express my concern over Shell´s plans for the Bakersfield refinery. Based on our telephone conversation, it was clear to me that Shell would prefer to sell the refinery to closing it. I understand that there are several willing buyers out there for the Bakersfield refinery. Yet, I have heard that Shell has not made a good faith effort to sell the refinery. Specifically, I have heard that Shell has not created a "data room" with access to potential buyers, which indicates to some buyers that Shell intends to close the facility and not offer it for sale. Further, I have been told that Shell has never offered the assets for sale, has not prepared a prospectus or offering document, and has not engaged an investment banker to negotiate a sale.
Democrats Attack Bill to Boost Refineries http://www.breitbart.com/article.php?id=D8D3903O1&show_article=1
Did you read the article? There was a lot more in the proposed bill than just building refineries, reducing air quality standards for one.
And what do you think is the excuse these moonbats ALWAYS use for blocking refineries? They are pandering to loons. Air quality standards are a joke and are becoming even more so.
From your article: In 1981, the United States had 325 refineries capable of producing 18.6 million barrels a day. Today there are fewer than half that number, producing 16.9 million barrels daily. Still, refining capacity has been increasing, though not dramatically, for the last decade. Imports have made up the difference as demand has continued to increase. What is the excuse for closing down nearly half the refineries in the US over the past thirty years rather than expand and upgrade them and then complaining the envirowackos/democrats won't let them build more? It reminds me of the California energy crisis when the industry along with their neocon lapdogs blamed everyone but themselves - it turned out we were being gamed.
#62. To: lucysmom (#57)
Easy. Those 'envirowackos' as you put it, ensured regulations that make it virtually impossible to 'upgrade'. Thats why.
Top • Page Up • Full Thread • Page Down • Bottom/LatestDemocrats have blocked building oil refineries.
#3. To: lucysmom (#2)
#4. To: no gnu taxes (#3)
Democrats Attack Bill to Boost Refineries
#5. To: lucysmom (#4)
There was a lot more in the proposed bill than just building refineries, reducing air quality standards for one.
#57. To: no gnu taxes (#5)
And what do you think is the excuse these moonbats ALWAYS use for blocking refineries? They are pandering to loons.
Replies to Comment # 57. Whats the excuse for closing down nearly half the refineries in the US over the past thirty years rather than expand and upgrade them....
End Trace Mode for Comment # 57.
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