On 31/03/2010 12:12 PM, Loogypicker wrote:
On Mar 31, 1:54 pm, I am wrote:
In article69d9ee23-0a10-4147-97fc-
,
says...



In a RESPONSIBLE manner, no less. Wonder how the right's going to say
this is a bad thing?

In a RESPONSIBLE manner, ask a question that is relevant to today's
announcement. Obama did not open offshore drilling, he re-opened
exploration. Try again, when you have read further than the MSNBC false
headlines...snerk

Scotty

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For a great time, go here first...http://tinyurl.com/ygqxs5v

Gee, whatcha know, I was correct about how the right will say it's a
bad thing. Now, facts are facts. Obama has opened offshore drilling in
areas thus far not opened. But, alas, what you are saying is just not
factual.

"By opening parts of the Atlantic and the Gulf of Mexico to oil
drilling, the Obama administration wants to tap a huge energy resource
that could keep fuel costs in check.

Doubtful the keeping fuel costs in check has much to do with it. It
likely has more to do with a scenario where US supplies are interupted
or the USD tanks to peso par. US government credit is likely near its
end as it is now more or less debt to perpetuity.

Reversing a ban on oil drilling off most U.S. shores, President Barack
Obama on Wednesday, March 31, 2010, announced an expansive new policy
that could put new oil and natural gas platforms in waters along the
southern Atlantic coastline, the eastern Gulf of Mexico and part of
Alaska.(AP Photo/Mary Altaffer, file)
(AP)But don't expect gasoline pump prices to fall anytime soon because
of the new drilling.

Just means the government wants to sell off oil rights for cash. And
now desperate enough to do it.

The offshore areas are located along relatively pristine parts of the
U.S. Outer Continental Shelf, a new frontier for oil companies. It
could take years before drillers will know how much oil can be pumped
from these areas, and when.

Will take 5 to 10 years.

A report by the federal Minerals Management Service noted that most of
the seismic data used to evaluate oil and natural gas resources there
are more than 25 years old. So the information "may not be adequate"
to build maps or develop leases for drilling operations.

Probably isn't. Betcha Obama insiders bought the right stocks.

—Where will companies be allowed to drill?

Any where they want so long as uncle Obama gets his take.

President Obama said Wednesday he'll push for opening offshore areas
in the Gulf of Mexico and off the mid and southern Atlantic coast. Oil
and gas resources would be developed about 50 miles off the Virginia
coast and more than 125 miles from Florida's coast in the eastern Gulf
of Mexico. The government also will allow oil exploration in the
Arctic Ocean. The President doesn't support drilling at Bristol Bay in
Alaska because of environmental concerns. He said proposed leases in
that area would be canceled."

****ed off because Alaska is Repubician, I get it.

Notice "reversing a ban on offshore DRILLING"....

Yep. Nothing like getting a Obama credit card bill and no means to pay
for it... smell of money. And we know how liberal democrats like the spend.

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Politicians don't provide anything, the tax payers do.