Wednesday, November 10, 2010

Cause and effect

Oil prices are approaching $90.00 a barrel.

The latest complaint from scientists comes in a report by the Interior Department's inspector general, which concluded that the White House edited a drilling safety report in a way that made it falsely appear that scientists and experts supported the administration's six-month ban on new deep-water drilling. The AP obtained the report early Wednesday


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  1. The new inspector general report said Browner's staff implied that scientists had endorsed the drilling moratorium, by raising a reference to peer review in the drilling safety report. At least one outside expert who was involved said he was convinced afterward that it wasn't a deliberate deception, and Interior Department officials told the inspector general they didn't deliberately make changes to cause confusion.

    "There was no intent to mislead the public," said Kendra Barkoff, a spokeswoman for Interior Secretary Ken Salazar, who also recommended in the May 27 safety report that a moratorium be placed on deep-water oil and gas exploration. "The decision to impose a temporary moratorium on deep-water drilling was made by the secretary, following consultation with colleagues including the White House."

    You left the above from your excerpt because why?

  2. I don't care about their intent. The IG indicated it did.

    My main point is that Obama has no energy policy and oil prices are going up.

    Can you say triple dip recession?

  3. Given the timeline between when drilling begins and when crude oil from such drilling is available, you're not being realistic about the link between them, since such timelines are usually 2 or more years.

    But you'll never get realistic about this issue, it's just another of your clubs to slug our President with.

  4. In 2008 the price of oil increased in fits and starts as the Democrtatic Congress rejected calls by the Repubs for drilling off shore, opening public lands for oil shale and drilling in ANWR.

    Indeed, it was obvious the speculators had decided that the Leftie Democrats were wanting high oil prices to reduce use of the evileeeeee automobile.

    By mid July oil was around $145, gasoline was $4.50 and ethe economy was in flames.

    On July 14 Bush lifted the EO ban on off shore drilling introduced by GHWB and extended by Clionton.

    Oil prices went into a free fall and by October oil was around $46.00 a barrel.

    The price has now edged up again. Public lands have been closed to oil shale. ANWR is off limits and Obamie is fiddling after the fire was put out.

    The longest journey always starts with the first step.

    And words have effect in the world.

    Bush acted, although months late.

    But the speculators understood, at that time, that there would be no Left Wing created Oil Shortage.

    They are now thinking that Obanma will create one.

  5. Indeed, it was obvious the speculators had decided that the Leftie Democrats were wanting high oil prices to reduce use of the evileeeeee automobile

    Actually you overlook the fact that there were(and are) millions of acres of land for the oil companies to drill on and produce crude if they wanted to.

    No charge for the education.