Article

2011-05-15 Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2011-05-15 00:05|| || Front Page|| [11128 views ] Top

#1 We plan to lease new areas in the Gulf of Mexico...

Plan away, but until the oil companies see actual permits being issued, and the EPA getting out of the way (of Shell on the North Slope, for one), Zero may be disappointed in the bids.

Posted by PBMcL 2011-05-15 00:39|| 2011-05-15 00:39|| Front Page Top

#2 We plan to lease new areas in the Gulf of Mexico...

....to the Chinese or some other foreign, nationalized oil company no doubt.

Posted by Besoeker 2011-05-15 01:22|| 2011-05-15 01:22|| Front Page Top

#3 Look to see who Soros has "invested" in to see which company will "win" the bids.

Posted by Bright Pebbles 2011-05-15 06:48|| 2011-05-15 06:48|| Front Page Top

#4 work to create new incentives for industry to develop their unused leases both on and offshore

Inceentives, you mean, like, tax breaks? Those things your Dem-controlled Senate are trying to take away?

Posted by Bobby 2011-05-15 08:01|| 2011-05-15 08:01|| Front Page Top

#5 Yoda: No. Try not. Do... or do not. There is no try.

Talk, particularly for the Dude, is cheap.

Posted by Procopius2k 2011-05-15 08:14|| 2011-05-15 08:14|| Front Page Top

#6 Re-election talk.

The usual scenario. The House passes a pro-drilling bill to reduce U.S. dependence on foreign imported oil. POTUS hypes such innitiatives as his own knowing they will be deep-sixed in the Senate. He then blames the Republicans for being obstructionists. Nothing happens until the Senate make-up changes and there is a new POTUS.

Posted by JohnQC 2011-05-15 09:41|| 2011-05-15 09:41|| Front Page Top

#7 Leases <> Permission.....

Posted by Uncle Phester 2011-05-15 10:19|| 2011-05-15 10:19|| Front Page Top

#8 Next week he plans to decrease it for the carbon.. the week after ... golf for a month... then halt it then forget about it until just before the election with a crash drilling program by the new dept of energy oil monopoly.

Posted by Water Modem 2011-05-15 11:26|| 2011-05-15 11:26|| Front Page Top

#9 This has just got to piss off the voting base on the left, particularly the environmentalists. I will be watching outside my window for the protesters. Oh wait, that's only when it's a Republican President is in the Oval Office! Oops, my mistake. Cue the crickets please!!

BTW: JohnQC, spot on with your comments. Maybe this is Obama's way of justifying the move to the center to please the pundits, so they can call it a compromise to the conservatives?

Posted by Delphi 2011-05-15 12:20|| 2011-05-15 12:20|| Front Page Top

#10 Always remember - never forget.

Obama is a Liar

I wouldn't believe him if he told me my own name.

Posted by CrazyFool 2011-05-15 12:59|| 2011-05-15 12:59|| Front Page Top

#11 O' Bullshit beter NOT be able to tell you your name, it'd mean you're on his radar, RIPE for taxing and trimming away YOUR cash into HIS account.

Posted by Redneck Jim 2011-05-15 15:20|| 2011-05-15 15:20|| Front Page Top

#12 Let's ask Shell what their Alaska leases are worth after $4 billion on them?

Posted by Zebulon Thranter9685 2011-05-15 19:26|| 2011-05-15 19:26|| Front Page Top

#13 work to create new incentives for industry to develop their unused leases both on and offshore

That translates to,

Break existing contracts.

Posted by phil_b 2011-05-15 21:28|| 2011-05-15 21:28|| Front Page Top

23:52 European Conservative
23:31 tipper
23:06 Spique Hatfield8822
23:01 Spique Hatfield8822
22:52 Zhang Fei
22:50 JosephMendiola
22:44 JosephMendiola
22:42 Spique Hatfield8822
22:35 JosephMendiola
22:33 Black Bart Sperert2436
22:32 European Conservative
22:30 JosephMendiola
22:27 JosephMendiola
22:25 Grunter
22:20 tipper
22:16 Barbara Skolaut
22:10 JosephMendiola
21:51 European Conservative
21:40 Mike Kozlowski
21:28 phil_b
21:27 European Conservative
20:39 phil_b
20:24 phil_b
20:15 tipper