The above as I am sure everyone can recognize is a picture of an off-shore oil rig. Nice to see, right? When they are in your own backyard. Like say, in the Gulf of Mexico, in Alaska, and off the Atlantic coast.
But these oil rigs are disappearing. Rapidly. As a result of President Obama’s energy policy that is costing jobs and choking the economy. 12 of these rigs have gotten fed up with Obama and his bureaucracy which includes the Department of the Interior (Ken Salazar, Secretary), the EPA, and the Bureau of Ocean Energy, Management and Regulation Enforcement (BOEMRE, Michael Bromwich heads) and moved to sunnier shores. Brazil, the north Atlantic and off the coast of Venezuela. Yep, to Hugo Chavez territory.
I had the pleasure of being part of a conference call with Rep. Cathy McMorris Rodgers (R-WA #5), Rep. Kevin McCarthy (R-CA #22) and Rep. Steve Scalise (R-LA #1). All are part of the Energy Action Team in the House.
Most of you are probably aware that today Obama raided the U.S. Strategic Petroleum Reserve. 30 million barrels out of 727 million barrels. Enough to keep the U.S. supplied with oil and gasoline for a mere 2 days, at the most. A political move which was a reaction to U.S. consumers’ ire about the rising cost of gasoline and yet this action did not create one job.
The Strategic Petroleum Reserve (SPR) was created in 1973 and is meant to be used only when a dire national emergency exists. It has been tapped only twice before: once under President George H.W. Bush during the first Gulf War when the Iraqis set fire to oil fields and once again under George W. Bush during hurricane Katrina when rigs in the Gulf of Mexico were at risk.
Where is the “emergency” today, Mr. Obama? It is a crisis of your own making. Slow-walking of oil and gas rig permits, ping-ponging bureaucracy WITHIN the EPA, not between other agencies. A moratorium in the Gulf, which a federal judge has ruled twice is illegal, yet DOI Secretary Ken Salazar is not in jail for civil contempt, as any other person would be. The permatorium has cost over 13,000 jobs, and one company even has been investigating moving shop to Africa.
Shell has spent over $4 billion in the permit-process in the Alaskan Beaufort Sea, only to be told NO! over and over again.
When the Department of Energy was created in 1977 with the mission to reduce our dependence on foreign oil only 1/3 of our oil was purchased from overseas. Today, 2/3 of our oil is purchased from countries who don’t like us very much.
But the House Republican Conference, the House Natural Resources Committee and the House Energy and Commerce Committee have all introduced common sense solutions to our domestic energy policy which would save and create jobs and stimulate the economy.
Several are The Keystone Project, which would create and utilize a pipeline from Canada to the Gulf off of Texas. Areas in Alaska would be open to drilling again. The permit process for oil and gas companies must be done in an expeditious manner. The House has passed bills with bi-partisan support with the goal of making the U.S. energy independent, however they have been blocked in the Senate by Harry Reid.
It’s time for the American public to wake up and realize where the fault lies: not with the oil and gas companies, or the Wall Street gurus; but with the present administration. When enough of these roadblocks appear it is time to take action. The public must demand immediate results of their congressional representatives whether they be Republican or Democrat.
Mr. Obama, your move today may be “strategic and political” for you, but this writer predicts it will be short-lived. The mere fact that you took some action, which in many eyes was not in the best interest of this country, tells everyone you are feeling the H.E.A.T.
And in Congress, that is the House Energy Action Team.
Related articles: House legislation on the oil and gas front.