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Discussion Starter · #1 ·
Unless you are China or Venezuela, of course.

WASHINGTON - The Obama administration on Wednesday said it would not allow offshore drilling off the U.S. Atlantic coast and in the eastern Gulf of Mexico, reversing course after the worst offshore oil spill in U.S. history led it to reconsider assumptions about the safety of oil and gas development.

But the U.S. Interior Department said it would process a permit long sought by Royal Dutch Shell Plc (RDSA, RDSA.LN) to drill off the coast of Alaska, and would consider offering new leases in Alaskan coastal waters by 2017. It also said that it aimed to offer new leases to drill in other parts of the Gulf of Mexico by late 2011 after stringent environmental reviews, resuming a process that it had put on hold in the aftermath of the Deepwater Horizon oil spill.

The announcement angered the oil industry, which has struggled to gain access to new oil and gas reserves under the Obama administration. Besides putting the Atlantic coast and all of Florida's waters off limits, it also delays new auctions of offshore leases. But the decision also kept alive the industry's hopes to develop in the northern shores of Alaska, which are thought to hold as many as 12 billion barrels of oil that could be recovered economically at current prices.

"We believe that the most appropriate course of action is to focus development on areas with existing leases and not expand to new areas at this time," U.S. Interior Secretary Ken Salazar told reporters on Wednesday. He said the reversal in plans was "based on the lessons that we have been learning and knowing that there is a robust safety regime that we are standing up to prevent another Deepwater Horizon incident."

The announcement is the latest restructuring of an existing 2007-2012 exploration and development program, and a new 2012-2017 schedule.

In late March, U.S. President Barack Obama had unveiled a new offshore-drilling strategy to expand oil and natural-gas exploration in the Atlantic and eastern Gulf of Mexico, which are currently off limits. But he canceled that plan less than two months later, as the BP Plc (BP.LN) oil spill in the Gulf of Mexico was headed to become the worst offshore oil spill in U.S. history. The Obama administration also canceled an August lease sale.

Instead, the Obama administration imposed a moratorium on deepwater-drilling permits and slowed down its approval of shallow-water drilling permits. Even with the ban lifted, the Interior Department has yet to issue a new deepwater drilling permit.

"Today's decision, coupled with the slow permit approval in the Gulf of Mexico, will cripple our nation's ability to produce homegrown energy and high-quality jobs for the next generation," Randall Luthi, the president of the National Ocean Industries Association, said in a statement. Still, he said it was "a relief" the Obama administration had finally acted in that "it shows forward movement toward future lease sales."

Oil companies will go for almost two years without having bid on any offshore drilling leases as a result of the newest announcement. The last auction of offshore leases took place in March 2010, when companies bid a maximum of $949 million for leases in the central Gulf of Mexico. About 30% of domestic oil production comes from the Gulf of Mexico.

Anticipating industry criticism of the administration's about-face, Salazar noted that about 29 million acres in the Gulf are under lease to oil companies but have not been developed, out of a total 43 million acres leased. "There's plenty of opportunity for oil and gas companies to develop these additional resources," he added.

The oil industry's main trade group countered that much of the acreage in question has already been examined by oil companies and determined to not contain petroleum that's economically or technically recoverable.

"It's a red herring to suggest there are resources sitting there yet to be developed. Industry is constantly advancing the process to determine what's developable," said Jack Gerard, president of the American Petroleum Institute. He accused the administration of effectively resurrecting a moratorium on drilling in large parts of the outer continental shelf that Congress allowed to expire in 2008 after more than two decades.

Marvin Odum, the president of Shell Oil Company, said it was "positive" that the Interior Department planned to process a permit to drill in the Beaufort sea, the only Arctic drilling permit that is pending. But he said it was important to address "outstanding issues regarding the timely approval of permits both in Alaska and the Gulf of Mexico."

The Interior Department declined to approve the Beaufort permit by the end of December, something that Shell has said is necessary for it to drill next summer. "We're not going to be constrained by any artificial deadline," Michael Bromwich, the director of Interior's offshore-drilling agency, told reporters.

Salazar began briefing a handful of U.S. senators in the hours shortly before the announcement, offering reassurances that his plan would appeal to their local interests. Among those reassured were Sen. Bob Menendez (D, N.J.) and Sen. Bill Nelson (D, Fla.), who had been angered by the March plan to open drilling areas near their states' shores.

"I am grateful that the Administration has heard my message loud and clear: No drilling for oil anywhere near the Jersey Shore," Menendez said in a statement.

But Salazar angered some Republicans who had seen economic opportunity for their states in allowing drilling in currently off-limits areas.



"I am extremely disappointed that the Obama Administration has unilaterally blocked environmentally responsible, and economically crucial, offshore energy exploration and development in Virginia," said Virginia Gov. Bob McDonnell in a statement. "We now look to our U.S. senators and congressmen, who will be playing significant leadership roles in the new Congress, to work on a legislative fix of this decision." Environmentalists expressed concern about the Interior Department's plans to continue studying whether to allow more drilling in the Arctic.

"Much more needs to be done to ensure there is adequate science and spill response capability that is proven to work in extreme Arctic conditions before drilling can be considered," Marilyn Heiman, who specializes in offshore energy issues for the Pew Environment Group, said in a statement.
 

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Discussion Starter · #2 ·
Does this not torque the rest of you -the way it does me. This is Carter era stuff. Gas lines... $5+ dollars a gallon... etc.
 

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Salazaar is public enemy number 2, right behind Incompitano. I can't put into words how much those people tweak my fern, so I'll leave it at that.

Ask the gulf coast communities that have made thier living servicing the rigs how they feel about those 2 bozo's. I hope someday these 2 are jailed for their crimes against the citizens they are supposedly 'protecting'.

1 trillion barrels of oil in Colorado, upwards of 200 billion barrels in Alaska...tards...full blown...
 

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Too late to get torque'd now.. :laughing:

All there is to do now is hold what you got, prepare for the worst and hope for the best. 2 more years of this kind of ****, possibly more with the regulatory side. $5 gas will probably be the least of most people's worries once the food prices kick into high gear, all you gotta do is track your grocery cost over the last 2 or 3 years to see where things are headed. Only wages will be spared from the massive increases, they will drop. And forget using electricity to heat or cool if your at or below poverty level.. you won't be able to afford it.

But, what do I know? I am just a tinfoilhat wearer.. :lookinup:

:laughing:
 

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:agree:
Yet another example of a damaging agenda forced on the American people instead of doing what is right for it.

It's all about being 'green'.

I'm sooo sick of that crap! It really is a concerted effort to tear America down.
 

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Too late to get torque'd now.. :laughing:

All there is to do now is hold what you got, prepare for the worst and hope for the best. 2 more years of this kind of ****, possibly more with the regulatory side. $5 gas will probably be the least of most people's worries once the food prices kick into high gear, all you gotta do is track your grocery cost over the last 2 or 3 years to see where things are headed. Only wages will be spared from the massive increases, they will drop. And forget using electricity to heat or cool if your at or below poverty level.. you won't be able to afford it.

But, what do I know? I am just a tinfoilhat wearer.. :lookinup:

:laughing:
Yeah.

There's just too much money tied up in gold and mining right now for 5 dollars a gallon gas to happen, along with the fooked up euro and unemployment. This drilling ban is a mistake, but since it's just a small area, it wont really add up to ****.
Food is gonna be a problem.
 

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Yeah.

There's just too much money tied up in gold and mining right now for 5 dollars a gallon gas to happen, along with the fooked up euro and unemployment. This drilling ban is a mistake, but since it's just a small area, it wont really add up to ****.
Food is gonna be a problem.
Wait a minute. Aren't you the guy always speaking out on behalf of those losing jobs? This will eliminate thousands of high paying jobs along the Gulf Coast and for several hundred miles inland. Obama is clearly saying to those workers "Stick it!" so he can get a back pat from his leftist environmental buddies. They do not care about those workers and they do not care how much you pay for gas. In fact, they hope it goes over $5 so their precious alternatives will be more practical. :crazy:
 

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Wait a minute. Aren't you the guy always speaking out on behalf of those losing jobs? This will eliminate thousands of high paying jobs along the Gulf Coast and for several hundred miles inland. Obama is clearly saying to those workers "Stick it!" so he can get a back pat from his leftist environmental buddies. They do not care about those workers and they do not care how much you pay for gas. In fact, they hope it goes over $5 so their precious alternatives will be more practical. :crazy:
Dune don't worry about losing energy sector jobs.. as long as strippers, hookers and barmaids are still working, things are fine in his world.
:laughing:
 

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Wait a minute. Aren't you the guy always speaking out on behalf of those losing jobs? This will eliminate thousands of high paying jobs along the Gulf Coast and for several hundred miles inland. Obama is clearly saying to those workers "Stick it!" so he can get a back pat from his leftist environmental buddies. They do not care about those workers and they do not care how much you pay for gas. In fact, they hope it goes over $5 so their precious alternatives will be more practical. :crazy:
"This drilling ban is a mistake,..."

:huh:
 

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Dune don't worry about losing energy sector jobs.. as long as strippers, hookers and barmaids are still working, things are fine in his world.
:laughing:
i'm more worred about germany outpacing us in arms tech and exports right now...


For not fighting wars every 5 years...

They sure do know how to make serious high tech weapons....:lookinup:
 

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i'm more worred about germany outpacing us in arms tech and exports right now...


For not fighting wars every 5 years...

They sure do know how to make serious high tech weapons....:lookinup:

Hmm. Kind of scary. So far, every time they have found themselves with military superiority, they have attempted to take over the world. Hope they have changed, because they might just succeed this time.
 

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"This drilling ban is a mistake,..."

:huh:
Depends on your view point.

From OB: just another nail in the coffin of freedom for America, just another piece in the puzzle to bring us the socialist utopia we must have.

From me: this is a deliberate step to undermine the US economy!

Where did I leave my tinfoil hat?...
 

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Discussion Starter · #15 ·
Right beside mine, brother.
 

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Hmm. Kind of scary. So far, every time they have found themselves with military superiority, they have attempted to take over the world. Hope they have changed, because they might just succeed this time.
They are only developing and exporting, not increasing their military size, or stock piling.
It's been like this thru the 90's.
Heavy RnD and exports.

They have a serious buttload of tech. in land and sea.


sure, we have some new tech like the Raytheon hummers, and Boeing Lasers, but we are not far ahead of German tech in the grand scale.
and that hurts our exports while pressuring sales of tech we went to keep.
 

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Well it has been what, since October when the drilling ban was lifted? I am currently sitting on the Noble Danny Adkins, (I move around alot from rig to rig) and the goverment is playing games with all drilling companies. No one since the band has been lifted has gotten a drilling permit in the gulf. I work for the largest drilling supply company in the world, at last count we supported over 1800 rigs. We have poeple all over the place and NO one is drilling in the gulf. At first the rigs were content to wait, but now that it is going on month 3 and they are starting to look else where to drill. This is bad news for the roughnecks, roustabouts, and drilling support companies. These rigs spend up to Million dollars a day to run. Thanks to Obla Bla and company the drilling rigs are going away. Back to overseas I go. It looks like higher gas prices are coming again to a gas station near you!:down:
 

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Well it has been what, since October when the drilling ban was lifted? I am currently sitting on the Noble Danny Adkins, (I move around alot from rig to rig) and the goverment is playing games with all drilling companies. No one since the band has been lifted has gotten a drilling permit in the gulf. I work for the largest drilling supply company in the world, at last count we supported over 1800 rigs. We have poeple all over the place and NO one is drilling in the gulf. At first the rigs were content to wait, but now that it is going on month 3 and they are starting to look else where to drill. This is bad news for the roughnecks, roustabouts, and drilling support companies. These rigs spend up to Million dollars a day to run. Thanks to Obla Bla and company the drilling rigs are going away. Back to overseas I go. It looks like higher gas prices are coming again to a gas station near you!:down:
Sorry to hear that. We can thank the greens in California and NY for these idiotic actions. :down:
 

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Sorry to hear that. We can thank the greens in California and NY for these idiotic actions. :down:
Only 2 idiots to 'thank'.
1: Obama
2: Salazaar

They're attempting to do to the oil industry what they did to the coal mining industry. According to Browner, 'it's what the American people want."

Unemployment is up to 9.8%...

Pelosi and the Democrats are more interested in effing around with the taxes instead of doing something to help the country for a 'change'.
 

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Does this not torque the rest of you -the way it does me. This is Carter era stuff. Gas lines... $5+ dollars a gallon... etc.
everything he does torques you, vfpreacher. :laughing: if he did drill i'm sure you guys could come up with a reason that that would be wrong too :D.
 
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