COWH Opening Up East Coast to Offshore Drilling

ZVUGKTUBM wrote:Obama opens East Coast to oil search
http://www.floridatoday.com/story/news/local/environment/2014/07/18/obama-opens-east-coast-to-oil-search/12846641/

The President is opening up the east coast of the United States to offshore seismic surveys by energy companies. He wants to see how much oil might be lying beneath the seabed there. No president has ever allowed this; not even a Republican one.

Whenever I bring up Obama’s energy policies, the standard wingnut retort is: “…He won’t open up any federal lands to drilling… Harumph!!!” The truth is, President Obama has been one of the friendliest presidents toward energy companies in recent history.

U.S. oil production has soared during Obama’s presidency; recently topping over 8 million barrels per day—and it is still climbing. The president has done nothing to impede exploration and production of new reserves found in America’s shale formations, which now may top well over 100 billion barrels of recoverable oil. And now, Obama wants to find out how many billions of barrels lie off our Atlantic coast.

ZVUGKTUBM wrote:Obama opens East Coast to oil search
http://www.floridatoday.com/story/news/local/environment/2014/07/18/obama-opens-east-coast-to-oil-search/12846641/

The President is opening up the east coast of the United States to offshore seismic surveys by energy companies. He wants to see how much oil might be lying beneath the seabed there. No president has ever allowed this; not even a Republican one.

Whenever I bring up Obama’s energy policies, the standard wingnut retort is: “…He won’t open up any federal lands to drilling… Harumph!!!” The truth is, President Obama has been one of the friendliest presidents toward energy companies in recent history.

U.S. oil production has soared during Obama’s presidency; recently topping over 8 million barrels per day—and it is still climbing. The president has done nothing to impede exploration and production of new reserves found in America’s shale formations, which now may top well over 100 billion barrels of recoverable oil. And now, Obama wants to find out how many billions of barrels lie off our Atlantic coast.

othershoe1030 wrote:Glad he is friendly to energy companies.....he sure made a bundle when he sold all his BP stock a week before the oil spill.

That's interesting. What are you suggesting, if anything? His investment firm somehow knew via a crystal ball or what, that there was going to be a oil disaster in the Gulf?

ZVUGKTUBM wrote:

Markle is really desperate to have to revert to using three year old data filtered through the Fox News propaganda machine.

And what does all of that other shit he said have to do with oil or drilling off the east coast?

Eight million barrels a day, baby! Go suck on a Lemon!

Joanimaroni wrote:

othershoe1030 wrote:Glad he is friendly to energy companies.....he sure made a bundle when he sold all his BP stock a week before the oil spill.

That's interesting. What are you suggesting, if anything? His investment firm somehow knew via a crystal ball or what, that there was going to be a oil disaster in the Gulf?

I didn't suggest anything, I made a statement....why don't you look up the players that sold their stock.

othershoe1030 wrote:

Joanimaroni wrote:

othershoe1030 wrote:Glad he is friendly to energy companies.....he sure made a bundle when he sold all his BP stock a week before the oil spill.

That's interesting. What are you suggesting, if anything? His investment firm somehow knew via a crystal ball or what, that there was going to be a oil disaster in the Gulf?

I didn't suggest anything, I made a statement....why don't you look up the players that sold their stock.

Why don't you just make whatever point you may be aiming for?

Floridatexan wrote:

othershoe1030 wrote:

Joanimaroni wrote:

othershoe1030 wrote:Glad he is friendly to energy companies.....he sure made a bundle when he sold all his BP stock a week before the oil spill.

That's interesting. What are you suggesting, if anything? His investment firm somehow knew via a crystal ball or what, that there was going to be a oil disaster in the Gulf?

I didn't suggest anything, I made a statement....why don't you look up the players that sold their stock.

Why don't you just make whatever point you may be aiming for?

Because it's a whole lot easier to throw out baseless innuendo.

Joanimaroni wrote:

Floridatexan wrote:

othershoe1030 wrote:

Joanimaroni wrote:

othershoe1030 wrote:Glad he is friendly to energy companies.....he sure made a bundle when he sold all his BP stock a week before the oil spill.

That's interesting. What are you suggesting, if anything? His investment firm somehow knew via a crystal ball or what, that there was going to be a oil disaster in the Gulf?

I didn't suggest anything, I made a statement....why don't you look up the players that sold their stock.

Why don't you just make whatever point you may be aiming for?

Because it's a whole lot easier to throw out baseless innuendo.

Look it up.....it's easy.

Markle wrote:

ZVUGKTUBM wrote:

Eight million barrels a day, baby! Go suck on a Lemon!

SOURCE...Bureau of Land Management Oil and Gas Statistics

2seaoat wrote:Mr. Markle........please digest this very slowly......The big complaint is the fallow permits which have been issued.   The issuance of a permit means very little except to lock up sectors.  Congress has been debating revoking unused permits, and you think the issuance of permit corresponds with exploration and bringing oil and gas to market......hardly.....I do not think you have an elementary grasp of how permitting works and the problems with the same over the last 20 years.

2seaoat wrote:Here’s what happened. You had a whole bunch of oil companies who had leases on public lands that they weren’t using. So what we said was you can’t just sit on this for 10, 20, 30 years, decide when you want to drill, when you want to produce, when it’s most profitable for you. These are public lands. So if you want to drill on public lands, you use it or you lose it. And so what we did was take away those leases. And we are now reletting them so that we can actually make a profit.

This was the President in the debate with Romney.  He won the debates and won the election.  The American people thought his use it or lose it was the right policy.  The record oil production shows that the American people were right.

Mr. Markle you lost this debate, and you lost the last election on this issue.....do you really like getting whipped again.....whatever floats your boat.