In a “major announcement” today, the current White House occupant declared he would “consider” and “study” opening up additional portions of America’s offshore to petroleum exploration and development.
Those familiar with “politispeak” definitions know that consider and study actually mean delay and postpone.
Yet despite this language, the Associated Press headline read: “Obama clears way for oil drilling off US coasts”. The AP claims that occupant is “reversing a ban on oil drilling off most U.S. shores”, and described the announcement as pertaining to “an expansive new policy”.
Nothing could be further from the truth.
In 2008, the Senate passed a resolution by a vote of 78 to 12 that ended a ban on drilling in the outer continental shelf that had been in place for 26 years. The House had passed the measure by a vote of 370-58.
What occupant announced today is a reversal of that decision which will limit, not expand domestic oil development.
House Republican Leader John Boehner wondered aloud: “The Obama Administration continues to defy the will of the American people who strongly supported the bipartisan decision of Congress in 2008 to lift the moratorium on offshore drilling not just off the East Coast and in the Gulf of Mexico, but off the Pacific Coast and Alaskan shores as well. Opening up areas off the Virginia coast to offshore production is a positive step, but keeping the Pacific Coast and Alaska, as well as the most promising resources off the Gulf of Mexico, under lock and key makes no sense at a time when gasoline prices are rising and Americans are asking ‘Where are the jobs?’
Indeed…where are the jobs? How many jobs would be created by aggressive development of America’s domestic energy reserves? How many petro-dollars would stay within America’s economy instead of going overseas? How much would those billions contribute to an American economic recovery?
occupant’s announcement today was a first step in an attempt to garner badly needed support for cap and tax legislation that’s been stalled in the Senate since last year. Theoretically, this legislation intends to end America’s dependence on foreign oil. Regardless of alleged intent, the methods defined within the legislation are designed to make fossil fuel use so cost prohibitive that American businesses and citizens will be forced to “evolve” towards using “green” energy sources.
Does that mean the overwhelming abundance of green energy sources like wind and solar farms that are so efficient and productive that they’re in direct competition with fossil fuel energy producers for the dollars of the American consumer?
Unless someone’s hiding them under magic mushrooms, those sources don’t exist. Due to inherent inefficiencies, they’ll never be able to compete with fossil fuels in a free market economy. No matter how much money this or any other Administration grants them in the way of subsidies or tax breaks, green energy production will never be able to compete on a scale grand enough to provide for the multiple energy needs of America’s population.