"President Obama, reversing a long-standing ban on most offshore drilling, unveiled a plan Wednesday [03-30-2011] to allow oil drilling off the Eastern seaboard and potentially the western coast of Florida." [S] On the outside this sounds pretty good and something that we need to do to stop our dependence on foreign oil. But what aren't they telling you?
- These new areas have never been explored before and may not even contain oil.
- Reversing the bad in one step. The next step would granting the leases and permits to start oil exploration in these areas.
- In order to get these permits almost takes an act of God thanks to new regulation (Cass Sunstein) with last year's Gulf oil disaster.
- In reality, it could take years, even decades before we see any real benefit from lifting this ban.
But what about the Gulf of Mexico? The moratorium is still in place. Meaning that the oil rigs that were drilling there aren't and haven't been for months and won't for who knows how long! How about we reopen the Gulf of Mexico and start extracting the oil where we already know where it is! At the same time opening up new areas of exploration. But apparently it's too dangereous.
And then there's Brazil. President Obama recently visited Brazil and granted the permits and licenses for a Brazilian oil company to drill in the Gulf of Mexico! What!? An article on Investor.com writes, "Obama wants to develop Brazilian offshore oil to help the Brazilian economy create jobs for Brazilian workers while Americans are left unemployed in the face of skyrocketing energy prices by an administration that despises fossil fuels as a threat to the environment and wants to increase our dependency on foreign oil." In addition to these permits, our government is also loaning them $2 billion of our tax dollars to help with their effort! President Obama explains: "We want to help you with the 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." [S] So he's giving them money and permits to get the oil that we will then buy from them. Hmmmm, uh, how about we use that $2 billion for our U.S. companines, put people back to work, drill for the oil ourselves, and then we won't have to buy it! It just doesn't add up.
So he's doing stuff that on the outside looks like he's doing it to better the country, but it's actually helping to destroy our own economy and the Republic. I believe this is Obama's true intentions and has been wanting it for a very long time...even before he was President.