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(visit the link for the full news article)
The Obama administration is poised to ban offshore oil drilling on the outer continental shelf until 2012 or beyond. Meanwhile, Russia is making a bold strategic leap to begin drilling for oil in the Gulf of Mexico. While the United States attempts to shift gears to alternative fuels to battle the purported evils of carbon emissions, Russia will erect oil derricks off the Cuban coast.
Russia is making a bold strategic leap to begin drilling for oil in the Gulf of Mexico. While the United States attempts to shift gears to alternative fuels to battle the purported evils of carbon emissions, Russia will erect oil derricks off the Cuban coast.
Originally posted by drwizardphd
It wouldn't matter if our president was Obama, McCain, Bush... anyone really.
Originally posted by Rockstrongo37
Here is yet another example of our President putting his extreme environmental ideals ahead of the country's need for a secure source of domestic oil. I'm once again sitting here in disbelief that our leader would first allow this to happen, and at the same time ban our own people from drilling these resources.
This will undoubtedly lead to increases in the price of crude. Remember OPEC is strategizing how to remove our influence, namely the dollar, as the currency traded for oil...countries such as Venezuela and Cuba in recent years are widening their influence in the oil market...and don't forget Iran can wipe out the oil fields in the middle east in minutes if they want to with newly developed missile technology.
In short our only hope for a secure and constant supply of oil that isn't controlled by countries that hate us is right here in the Gulf of Mexico and within the United States itself. So ask yourself this question...
"Knowing the importance it is to our economy and national security that we have a secure source of domestic oil available to us, why is Obama giving the stuff and the oil fields away!?!?"
God help us in the coming months and years when dealing with the aftermath of the ridicules choices our President has made just in his first year and a half.
washingtontimes.com
(visit the link for the full news article)
Originally posted by Rockstrongo37
Obama surrenders gulf oil to Moscow
washingtontimes.com
(visit the link for the full news article)
The Obama administration is poised to ban offshore oil drilling on the outer continental shelf until 2012 or beyond. Meanwhile, Russia is making a bold strategic leap to begin drilling for oil in the Gulf of Mexico. While the United States attempts to shift gears to alternative fuels to battle the purported evils of carbon emissions, Russia will erect oil derricks off the Cuban coast.
Iraq dramatically increased the official size of its oil reserves yesterday after new data suggested that they could exceed Saudi Arabia’s and be the largest in the world.
The Iraqi Deputy Prime Minister told The Times that new exploration showed that his country has the world’s largest proven oil reserves, with as much as 350 billion barrels. The figure is triple the country’s present proven reserves and exceeds that of Saudi Arabia’s estimated 264 billion barrels of oil. Barham Salih said that the new estimate had been based on recent geological surveys and seismic data compiled by “reputable, international oil companies . . . This is a serious figure from credible sources.”
Originally posted by Rockstrongo37
reply to post by zarlaan
You need to learn from history, and if you see how Russia has always behaved (historicaly aggressive), you will see that their mode of operation has always been to "get their foot in the door" and establish presence in a region and then gain dominance.
Originally posted by Benevolent Heretic
Originally posted by drwizardphd
It wouldn't matter if our president was Obama, McCain, Bush... anyone really.
Yes, it would. If it was anyone but Obama, no one would be talking about it. It's another opportunity to slam Obama for something he didn't do.
Thanks for the logical thought.