The Liberal Lie, The Conservative Truth

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Two Reagan conservatives who believe that the left has it wrong and just doesn't get it!

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HISTORICAL QUOTE OF THE WEEK - "Always bear in mind that your own resolution to succeed is more important than any other." ABRAHAM LINCOLN

Thursday, April 01, 2010

OBAMA OIL BAN LIFT ONLY SMOKE AND MIRRORS

Barack Obama patted himself on the back supposedly seeming a little more centrist as he announced the lifting of a decades long ban allowing, "oil drilling," 50 miles off the Virginia coast and a few selected areas in the Gulf and Alaska. Immediately the White House spin machine began chiming in that Obama understands the, "need," for oil exploration and drilling to meet the Nations energy consumption.

The problem is that when one actually looks into the reality of the area in which the ban has been lifted, it becomes obvious that this is nothing more than a political move of smoke and mirrors designed to try and bribe members of the GOP into supporting Obama's next big socialist move, Cap and Trade.

The area where the ban was lifted off Virginia for example encompasses 2.9 million acres of largely unexplored areas about 50 miles off the Virginia coast. No one actually knows whether the area even has ANY oil deposits or if any, how much there may be. A study conducted by the House of Representatives in 2008 speculated that there was a possibility that within this area there was only enough oil to meet the Nations oil needs for ONLY ONE MONTH or about 21 million barrels of oil.

Again the area is largely unexplored but if the 2008 study is accurate the cost effectiveness of building oil platforms and drilling for an estimated 21 million barrels of oil to meet the needs of only one month of national oil consumption makes the area extremely cost prohibitive and virtually not worth the time, energy and money necessary to bring the oil to the surface.

When one considers that there are 14 billion barrels of oil in offshore locations off the coasts of The United States, Obama's announcement goes further than it seems on the surface. Of the 14 billion barrels available Obama's plan restricts ALL access to 13.1 billion of those available barrels.

Again this announcement is nothing more than smoke and mirrors designed to make this extreme leftist to appear to look slightly centrist and create a perceived leverage with GOP members in the House and Senate to climb on board with Cap and Trade which will soon come to a Marxist Congress near you.

Ken Taylor

7 Comments:

Blogger Mike's America said...

I had one liberal moonbat say he didn't want Obama to open offshore areas around him because he likes to go fishing.

I told him, I doubted he went out 50 miles to go fishing and if he did he would probably get lost coming back.

Come to think of it, that's not a bad idea.

10:10 PM, April 01, 2010  
Blogger The Liberal Lie The Conservative Truth said...

I'll charter the boat if it is a one way trip!

11:29 PM, April 01, 2010  
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