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BHO To Blame US Oil Co’s For Gas Prices

From an unquestioning Reuters:

Obama to set ambitious goal to curb U.S. oil imports

By Alister Bull [sic]
March 30, 2011

WASHINGTON (Reuters) – President Barack Obama will set an ambitious goal on Wednesday to cut oil imports by a third over 10 years, focusing on energy security amid high gasoline prices that could stall the U.S. economic recovery.

And never mind that his policies – moratoriums on drilling, closing of Yucca Mountain – have made us more dependent upon foreign oil than ever.

By the way, how does this pledge comport with Mr. Obama’s remarks last week about wanting to import more Brazilian oil?

Obama will outline his strategy in a speech after spending days explaining U.S.-led military action in Libya, where fighting, accompanied by popular unrest elsewhere in the Arab world, has helped push gasoline prices toward $4 a gallon.

The White House says this is a deliberate turn toward energy security by Obama and will be followed by other events to highlight his strategy.

"He’ll be laying out the goal … that in a little over a decade from now we’ll reduce the amount of oil we import from the rest of the world by about a third," a senior administration official told reporters.

Never let a crisis go to waste. Or even a ‘kinetic military action.’

Democrat Obama will lay out four areas to help reach his target of curbing U.S. dependence on foreign oil — lifting domestic energy production, encouraging the use of more natural gas in vehicles like city buses, making cars and trucks more efficient, and encouraging biofuels

Does this mean Mr. Obama is going to lift his various illegal moratoriums? Is he going to start issuing drilling permits? Is he going to allow more fracking for natural gas? Is he going to ignore how ethanol is jacking up the price of food here and around the world?

Over half of the petroleum consumed by the United States is imported, with Canada and Mexico the two largest suppliers, followed by Saudi Arabia and Venezuela.

The Department of the Interior estimates millions of acres (hectares) of U.S. energy leases are not being exploited by oil companies and the White House wants that to change.

Here we go with this canard again. The oil companies have good reasons for what they are doing, or not doing. Unlike the federal government, they will go out of business if they make foolish decisions.

Many of the these leases were for exploration – and no oil was found. Many of the leases are unsafe or played out. But the Obama administration is willing to dust off this line of propaganda to try to blame the oil companies for not producing enough domestic oil.

This argument also helps it push back against Obama’s Republican opponents, who claim he is tying the hands of the U.S. energy sector by denying leases and restricting offshore drilling in the wake of the 2010 BP Gulf of Mexico oil spill.

"Part of our plan is to give new and better incentives to promote rapid, responsible development of these resources," the official said, but declined to go into greater detail ahead of the president’s speech at 11:20 a.m.

And who can doubt that Mr. Obama and his experts know more about where oil companies should drill than the companies themselves do?

In addition, the official said that Obama will set a goal to break ground "on at least four commercial-scale cellulosic or advanced bio refineries over the next two years," in order to help boost biofuels.

Why doesn’t he just wave his magic wand? Isn’t that one of the benefits of a command economy?

This article was posted by Steve on Wednesday, March 30th, 2011. Comments are currently closed.

5 Responses to “BHO To Blame US Oil Co’s For Gas Prices”

  1. Rusty Shackleford says:

    What chairman obama fails to realize is that he’s delusional and that he merely thinks that every word out of his mouth is important. I started ignoring him before he was ever on the scene, if you understand my meaning.

  2. proreason says:

    The boy king has declared there is oil in the leases that the foolish oil companies, who combinied don’t have a fraction of his IQ, refuse to explore.

    Our energy problems are solved.

    Obviously, it will be too soon in 2012 to see the country-changing impact of his energy wisdom, but it should be enough just to know that he has spoken at last on this troubling problem.

    • Petronius says:

      Ah, yes pro — the leases. As Ronald Reagan might have said, “Here they go again.” Talking about all of those old Dept of Interior leases just gushing with oil that the oil companies refuse to tap.

      Nerobama would have us believe that oil companies, in effect, are in business not to drill for oil.

      And that biofuels are the answer. Even Al “Just-call-me-Al” Gore admitted that biofuels were a mistake.

      http://sweetness-light.com/archive/gore-finally-admits-ethanol-was-a-mistake

      The magnitude of Nerobama’s lies and the number of his lies is unprecedented in the American experience. They are truly colossal. Simply mind-boggling.

      He is able to preach this nonsense only because he is assured that the media will not expose his lies, and that the American idiocracy don’t know or don’t care. That is indeed a sad state of affairs for the American republic.

      The damage that he, his Bolshevik thugs, and his accomplices in the media are doing to this country is sickening.

  3. proreason says:

    Let’s use this to clearly state the Moron’s MO; the MO he has used since he was a child.

    The first and only thing he thinks about is who to blame if something goes wrong, and how to take the credit if somthing goes right. The consequences, danger, benefits and risks of any action or word beyond getting credit or laying blame are irrelevant to him.

    So regarding war, he doesn’t care who dies, how much destruction there is, the long-term consequences, the cost, the risk, the danger. the impact on the parties making war. The only two things he cares about are how he will will make himself a hero if things go well, and who to blame if things go awry. That’s ALL he thinks about.

    Regarding oil, he couldn’g care less if the country is energy independent, if green energy emerges, or even if people walk or ride. The ONLY thing he plans for is how he can take credit or who he will blame if things go badly.

    The reason he seems indecisive is that he literally cannot make a decision until he has mapped out in his head who will get the blame and how he will take the credit. Until he has those details worked out, the world can blow up and he won’t care and he won’t take a position either.

    • Rusty Shackleford says:

      Exactly, and Rush uttered the analysis yesterday that I have been pondering for some time. As Pro outlined, this is exactly why it took chairman Obie nine days to deliver a “speech” on Libya. It was muddled with nebulous platitudes but ultimately ended up being a campaign speech. But he waited so long to say anything publicly because he wanted to see which way the national socialist barometer was a’tiltin’. But the end result is obvious based on his “word choices” and vague but antagonistic rhetoric.


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