Obama’s Pipe Dream
President Obama has said it many times, “There is no silver bullet to magically bring down gas prices”. Despite that definitive statement, Obama is expending a lot of energy, talking about energy. By my count well over ten speeches so far.
The White House and the Obama reelection campaign are plenty worried about the price at the pump. On inauguration day it was $1.81 a gallon and today the price has doubled to $3.87. Obama was quick to kill the Keystone XL pipeline in January and even pressured Democrat Senators to vote down a recent Keystone pipeline bill in early March.
On Wednesday, the president was at a New Mexico oil field bragging for the umpteenth time, “Under my administration, America is producing more oil today than at any time in the last eight years.”
Today, he was in Cushing, Oklahoma, speaking in front of a stack of pipes to exclaim that he was giving his royal assent to the southern leg of the Keystone pipeline. “And today, I’m directing my administration to cut through the red tape, break through the bureaucratic hurdles, and make this project a priority, to go ahead and get it done.”
What a sniveling lying snake this man is. The fact is, that this leg of the pipeline is under control of the states of Oklahoma and Texas. The federal government and specifically the White House has nothing to do with it.
And now onto Obama’s bullshit, “So if you guys are talking to your friends, your neighbors, your coworkers, your aunts or uncles and they’re wondering what’s going on in terms of oil production, you just tell them anybody who suggests that somehow we’re suppressing domestic oil production isn’t paying attention. They are not paying attention.”
Oil production is up on private and state owned land, but permitting has virtually stopped on federal lands. The Institute for Energy Research states:
“President Obama cannot honestly claim credit for the increase in oil and natural gas production over the past [and] misconstrues the facts, and is an inaccurate portrayal of his administration’s record on energy issues. After all, his administration did not hold a single offshore lease sale in fiscal year 2011, while the Bush administration planned to hold five. Those sales were rejected when the [Obama] administration decided not to pursue a new 2010–2015 OCS lease plan reflecting the expiration of the presidential and congressional moratoriums on leasing in 2008. Also, President Obama’s Bureau of Land Management is setting records for the least amount of leases on average per year. President Clinton sold over twice the number of leases per year than President Obama.”
Nick Snow of the Oil and Gas Journal quotes the American Petroleum Institute Pres. Jack N. Gerard, “Since taking office, he has declared 85% of our offshore areas off limits, decreased oil and gas leases in the Rockies by 70%, rejected the Keystone XL pipeline, and has 10 federal agencies planning more regulation of hydraulic fracturing…. The president’s ‘Jekyll and Hyde’ approach to energy security is hurting consumers.”
I found some more interesting facts on Obama’s war on oil from a blog by “Ghost32”. He tracked the West Texas spot oil prices on a barrel of oil from Bush 41 through Obama.
In January ’89, it was $18/barrel. In 1993 when Bill Clinton took over it was $19.10/barrel. It went up by 56% to $29.60 when Bush 43 became president and rose another 41% to $41.70/barrel when Obama took over in 2009. By March 20th, 2012 it was $105.68/barrel or a 253% increase in slightly over three years.
In full campaign mode, Obama will give one hour to a photo op on his great oil pipeline plans but then demagogue the need to drill for it.
“Even if we opened every inch of the country — if I put a oil rig on the South Lawn — (laughter) — if we had one right next to the Washington Monument, even if we drilled every little bit of this great country of ours, we’d still have to buy the rest of our needs from someplace else if we keep on using the same amount of energy, the same amount of oil.”
In every speech on the rising cost of oil, Obama triples down on his real agenda, “That means producing more biofuels, which can be great for our farmers and great for rural economies. It means more fuel-efficient cars. It means more solar power. It means more wind power — which, by the way, nearly tripled here in Oklahoma over the past three years in part because of some of our policies. We want every source of American-made energy. I don’t want the energy jobs of tomorrow going to other countries. I want them here in the United States of America. And that’s what an all-of-the-above strategy is all about. That’s how we break our dependence on foreign oil.”
In Obama’s next stop in Columbus, Ohio, he continued his folly, “Now, this is our last stop on a trip where we’ve been talking about an all-of-the-above energy strategy for America — a strategy where we produce more oil, produce more gas, but also produce more American biofuels and more fuel-efficient cars, more solar power, more wind power, more power from the oceans, more clean and renewable energy. More clean and renewable energy.”
To Barack Obama, oil is vile, it’s dirty, it’s a free market commodity and he hates that. Obama wants to regulate it out of existence and replace it with technology that is still on the drawing board and 20 years in the future.
Meanwhile petroleum is used in the manufacture of over 6000 items. What can a windmill, a solar panel, or an ocean manufacture besides a few watts of electricity.
President Obama can’t get his head out of his ass. He continues to stumble and stutter his way through his presidency and the only pipe he really understands is the one filled with crack.