Well, I hope all you Obama voters who heard him say that under his energy plan energy prices would necessarily sky-rocket, are happy. Looks like there's no end in sight to the cost of energy....
From FoxNews -- Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPA’s Environmental Appeals Board to withhold critical air permits. The move has angered some in Congress and triggered a flurry of legislation aimed at stripping the EPA of its oil drilling oversight.
Shell has spent five years and nearly $4 billion dollars on plans to explore for oil in the Beaufort and Chukchi Seas. The leases alone cost $2.2 billion.
All four members of the EPA board are radical environmentalists rather than garden-variety bureaucrats. This means that they are nothing but a rubber stamp for whatever economy-crushing measures with which Obama wants to harm the country.
The air permit that Shell forgot to submit was for the emissions from the ice-breaker Shell used to get up to that God-forsaken part of Earth. Under Obama's direction no doubt, this board is nitpicking every detail to prevent any, ANY petroleum exploration from taking place in the US. No more drilling in the Gulf, no exploration on US land, and now no more drilling in the ocean near Alaska either. There's so little oil being pumped up there that the Alaskan Pipeline might have to shut down.
Obama's making good on his promise to fundamentally transform America.....he's transforming it into a slouching, second-rate, moribund country. But that was his intention all along. You can't grow up surrounded for three decades by men who hate America, who think America got rich off the backs of poor countries, and who think America deserves to be taken down a few notches as punishment for being rich and successful, and not believe the same thing.
No comments:
Post a Comment