Tuesday, April 26, 2011

SEVEN WAYS OBAMA IS DRIVING UP FUEL (AND CONSEQUENTLY FOOD) PRICES

MOVE #1 FOR HIGHER FUEL PRICES IN THE UNITED STATES
February 5, 2009

Interior Department Secretary Ken Salazar said Wednesday that he has canceled the leases for oil and gas drilling on dozens of parcels of land near Utah's famed canyon country.

Salazar said the Bush administration rushed to sell oil and gas leases near Arches and Canyonlands national parks, Dinosaur National Monument and Nine Mile Canyon as President Bush prepared to leave office.

The decision affects 77 parcels of public land near national parks, monuments and sensitive landscapes that were put up for bid in December. The parcels total about 130,225 acres.

MOVE #2 FOR HIGHER FUEL PRICES IN THE UNITED STATES
May 23, 2009

The EPA released new rules mandating the use of 36 billion gallons worth of renewable fuels, think ethanol, by 2020


MOVE #3 and #4 FOR HIGHER FUEL PRICES IN THE UNITED STATES 
December 24, 2010

The Environmental Protection Agency announced Thursday that it will regulate greenhouse gas emissions from power plants and oil refineries next year in an attempt to curb global warming. 

The move, coming on the same day the Interior Department unveiled a plan to protect a broader swath of the nation's wilderness, demonstrated that the Obama administration is prepared to push its environmental agenda through regulation where it has failed on Capitol Hill, potentially setting up a battle next year with congressional Republicans.


MOVE #5 FOR HIGHER FUEL PRICES IN THE UNITED STATES
April 30, 2010

The US administration has banned oil drilling in new areas of the US coast while the cause of the oil spill off Louisiana is investigated.  This summer [2010] President Obama needlessly instituted, not one, but two outright drilling bans in the Gulf of Mexico.

After rescinding his outright offshore drilling ban, President Obama has refused to issue any new drilling permits in the Gulf, a policy that the Energy Information Administration estimates will cut domestic offshore oil production by 13% this year

MOVE #6 FOR HIGHER FUEL PRICES IN THE UNITED STATES
May 23, 2009

Interior Secretary Salazar announced that the eastern Gulf of Mexico, the Atlantic coast, and the Pacific coast will not be developed, effectively banning drilling in those areas for the next seven years.


MOVE #7 FOR HIGHER FUEL PRICES IN THE UNITED STATES
April 26, 2011

There are an estimated 27 billion barrels of oil waiting to be tapped in the Arctic Ocean, off the coast of Alaska. But after spending five years and nearly $4 billion, Shell Oil Company has been forced to abandon its efforts to drill for oil in the region.

With gas at $4 per gallon and higher, one might think that more oil would be a good thing.  So what’s the road block?  The Environmental Protection Agency.  Fox News reports that the EPA is withholding necessary air permits because of a one square mile village of 245 people, 70 miles from the off-shore drilling site.

No comments:

Post a Comment