The Tide is Finally Turning

Obama & Environmental Laws Produced Oil in the Gulf Waters

Due to over-regulation and wrong-headed environmental laws, the petroleum industry was forced off land and pushed into deep water exploration and drilling in the name of Eco-Friendly preservation.  The results were disasterous due to the near term results of using new technologies without significant experience in a wide range of outcome options. Therefore, to reverse or correct unexpected negative senarios, it is trial and error as the rules are being written into the drilling and safety operations manuals.

Rather than experiment with our delicate environment,  emphasis on land oil production would safe-guard the environment while further development and testing before going full bore into off-shore techniques  would protect the future with more reliable deep water technology. 

Now, in more Federal Government meddling in technologies that they don't understand or know how to operate, they continue to regulate even further..... 

Look out for the "Cap and Trade" Bill to pass the Congress shortly to control industry and individuals' CO2 carbon footprint through a massive energy tax program.

Obama's Perfect Storm for the Gulf States

Now not only Where to drill, it is now When to drill with a newly enacted Federal moratorium that will further kill  off the Gulf States economies with no hope of returning for at least five to ten years. Why is that?  

Because the drilling companies are removing rigs and equipment to continue exploring for oil around the globe to make money.  They can't wait for the United States to make its mind up on what to do about their oil industry. Meanwhile, other countries and their economies benefit from our Federal policies. How is that?

Look at the "Endangered Species Act" to legislate wildlife conservation by confiscating private property deemed to be publicly owned and "Arctic National Wildlife Refuse Act" to prevent drilling "ANWR", the largest single untapped source of American oil on 2,000 sq acres of land for energy U.S. self-reliance. The United States Government has no pro-business National Energy Policies, Obama's only plans are to relegate us down to an also ran country in the New World Order.

By the way, you do know that the Obama Administration is financing oil exploration off Brazil? You don't? Well, there goes that Obama again, not telling the American public about what he's up to, just going out to do one more thing for his legacy. Sooner or later, LOL, he'll hit on something he can hang his hat on besides our economic ruin. Nah, don't you worry your pretty now! Obama is not financing our tax dollars with any American companies. See, you already feel all better now?

Yeah, the U.S. is going to lend billions of dollars to Brazil's state-owned oil company, Petrobras, to finance their exploration of the huge offshore discovery in Brazil's Tupi oil field in the Santos Basin near Rio de Janeiro.

Brazil's planning minister confirmed that White House National Security Adviser James Jones met August 30, 2009 with Brazilian officials to talk about the loan. This corporate foreign aid may strike some as odd, given that the U.S. Treasury seems desperate for cash and Petrobras is one of the largest corporations in the Americas.

Why not here in Alaska or along the East and West Coasts, which could be our equivalent of the Tupi oil fields? Do you think Obama cut any deals back in that Summit of Americas last year with those Liberal left-wing governments?

Oh, did I mention that Peter Soros, one of Obama's biggest election contributors is also the largest stockholder in Petrobras. Any connections or political influence or pay-offs here?..... Nah!