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Economy
Five-Year Plan for Offshore Drilling
2011-11-13
Five-Year Plan... Was that Lenin or Stalin who (originally)invented that? Mao?
Can't have a proper socialist state without a five year plan developed by elite experts, Bobby. Ev'ryone knows that...
Stalin was the backer of five-year plans; the USSR had thirteen of them.
The Obama administration's new five-year plan for offshore oil and gas drilling includes lease sales in federal waters in the Gulf of Mexico and off the coast of Alaska but will not offer leases for drilling off Virginia or other parts of the eastern United States.

The Interior Department's proposed plan delineates where oil and gas companies can bid, from 2012 to 2017, to lease offshore areas they think hold the promise of new oil and gas reserves. The plan drew fire from some environmental groups, which said it went too far, and from the American Petroleum Institute, whose president, Jack Gerard, called it a "missed opportunity" and said it did not go far enough in opening up new areas for drilling.

In postponing lease sales along the Eastern Seaboard, the plan took a step back from proposals President Obama made in the spring of 2010 before a blowout triggered last year's spill in the Gulf. Instead, the plan would allow seismic tests off the Atlantic coast to gather more information about how much oil and gas might be there.
Seismic? Doesn't that bother the whales? Won't it trigger stronger earthquakes in Virginia? We just had a dandy last August 23rd!
"Here's a state that has strong bipartisan support [for drilling], that has repeatedly asked the secretary to include a lease sale off Virginia, and they refuse to do it," Gerard said.
We could drill on land in Alaska. We could build a pipeline from Canada. We could frack gas in Pennsylvania or oil in North Dakota. When you are against it somewhere, we should ask if they are for it anywhere. That'd give a little perspective!
Posted by:Bobby

#4  Where in the Consitution does it give the Feds any power to manage offshore drilling anyway? The 'Commerence Clause' again?
Posted by: CrazyFool   2011-11-13 23:13  

#3  VARIOUS NET ARTICS = give the impression that POTUS Bammer is in favor of NON-US = FOREIGN COMPANIES drilling for energy in the GUlf of Mahico + then selling same to the US.

IMO the above is why, in part, many US Oil-Gas workers were upset wid the Bammer, as in their view "GLOBALISM" = GIVING GOOD-PAYING CONUS-NORAM JOBS TO FOREIGNERS WID NO RECIPROCATION IN KIND AS PER FOREIGN EMPLOYMENT FOR US WORKERS, SAVE OF COURSE FOR THE LATTER APPLYING FOR NEW UNEMPLOYMENT + FOOD STAMP, ETC. GOVT. LT BENEFITS???

Public Benefits that unemployed US Workers, not employed Foreign Workers, have to pay for via [higher] US public taxes???
Posted by: JosephMendiola   2011-11-13 23:09  

#2  Huh? Most of the Gulf of tamaleland oil heads are capped. And extracted oil from the US' biggest oil exporter - Canada - could flow if there was no political interference.
Posted by: Slats Gurly-Brown5454   2011-11-13 19:35  

#1  Better IMHO to bid in terms of %age extracted given to the state.

Also IMHO citizens should be given an equal oil dividend.
Posted by: Bright Pebbles   2011-11-13 12:22  

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