High gas prices are all part of the plan. Don’t be fooled people, the Obama regime is doing everything possible to shut down drilling, as they ride around in private jets and gas guzzling SUVs, all in the name of global cooling, global warming, climate change, and any other lie that Americans are ignorant and or partisan enough to believe. Shutting down Shell not only hurts oil production, but it also destroys jobs in the oil sector and every other sector of the economy that they do business with. Not to mention, the price of gasoline. The problem with Americans is they don’t understand the huge contribution that oil companies make to the private sector and to government revenues. Instead, Democrats and the liberal media propagandize Americans to hate oil companies. Please don’t believe their lies because when oil companies profit, America profits.
There are an estimated 27 million barrels of oil waiting to be tapped in the Arctic Ocean, off the coast of Alaska. But after spending five years and nearly $4 billion, Shell Oil Company has been forced to abandon its efforts to drill for oil in the region.
With gas at $4 per gallon and higher, one might think that more oil would be a good thing. So what’s the road block? The Environmental Protection Agency. Fox News reports that the EPA is withholding necessary air permits because of a one square mile village of 245 people, 70 miles from the off-shore drilling site. From Fox News’ Dan Springer:
The EPA’s appeals board ruled that Shell had not taken into consideration emissions from an ice-breaking vessel when calculating overall greenhouse gas emissions from the project. Environmental groups were thrilled by the ruling.
“What the modeling showed was in communities like Kaktovik, Shell’s drilling would increase air pollution levels close to air quality standards,” said Eric Grafe, Earthjustice’s lead attorney on the case.
Who at the EPA made the decision? Springer writes:
The Environmental Appeals Board has four members: Edward Reich, Charles Sheehan, Kathie Stein and Anna Wolgast. All are registered Democrats and Kathie Stein was an activist attorney for the Environmental Defense Fund. Members are appointed by the EPA administrator.
President Barack Obama said in his weekly address on Saturday that “there’s no silver bullet that can bring down gas prices right away,” but that one thing America can do is pursue “safe and responsible production of oil at home.” Too bad his words and his actions are not one and the same. Aside for the EPA’s decision on Shell, the Obama administration has imposed a months-long moratorium on deepwater offshore drilling that curtailed domestic production and sent some seven drilling rigs elsewhere.
The Heritage Foundation’s Nicolas Loris recommends the following actions for Congress and President Obama if they truly want to expand access to America’s domestic energy supply:
GO HERE to see the list.
Unfortunately Nicolas, Obama and Democrats don’t want to truly expand access to oil, nor do they want to lower the price of gas.
In 2007, the most recent year for which data are available, PricewaterhouseCoopers estimates that, combining the operational and capital investment impacts, the U.S. oil and natural gas industry’s total employment contribution to the national economy amounted to 9.2 million full-time and part-time jobs, accounting for 5.2 percent of the total employment in the country (see Table E-1). The associated labor income, including proprietors’ income, was estimated to be $558 billion, or 6.3 percent of the national labor income total. The industry’s total value-added contribution to the national economy was over $1 trillion, accounting for 7.5 percent of U.S. GDP in 2007…………….
The oil and natural gas industry is one of the largest employers in the country, employing millions of Americans in exploring, producing, processing, transporting, and marketing oil and natural gas. Millions of jobs in other industries are supported by the oil and natural gas industry’s purchases of intermediate inputs and capital goods from other U.S. producers. These businesses include equipment suppliers, construction services, management services, food services, and many other types of support services. These supporting businesses, in turn, purchase goods and services, spurring additional economic activities. Further, employees and business owners make personal purchases out of the additional income that is generated by this process, sending more new demands rippling through the economy. READ MORE