**Posted by Phineas
This continuing self-inflicted wound on the American economy via the administration’s refusal to tap our own resources has to be deliberate, a matter of ideological choice. How else does one explain Obama’s demand that others pump more oil, but not us?
Amid a surge in the cost of gasoline, President Barack Obama said Tuesday he is calling on major oil producers such as Saudi Arabia to increase their oil supplies and lower prices, warning starkly that lack of relief would harm the global economy.
“We are in a lot of conversations with the major oil producers like Saudi Arabia to let them know that it’s not going to be good for them if our economy is hobbled because of high oil prices,” Obama said in an interview with a Detroit television station.
His remarks signaled a broad new appeal in the face of skyrocketing gasoline prices in the United States and they came on the same day that he reiterated a call for Congress to repeal oil industry tax breaks.
This comes on the heels of Shell’s decision to abandon drilling in Alaska because of the EPA’s refusal to grant needed permits:
Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPA’s Environmental Appeals Board to withhold critical air permits. The move has angered some in Congress and triggered a flurry of legislation aimed at stripping the EPA of its oil drilling oversight.
Shell has spent five years and nearly $4 billion dollars on plans to explore for oil in the Beaufort and Chukchi Seas. The leases alone cost $2.2 billion. Shell Vice President Pete Slaiby says obtaining similar air permits for a drilling operation in the Gulf of Mexico would take about 45 days. He’s especially frustrated over the appeal board’s suggestion that the Arctic drill would somehow be hazardous for the people who live in the area. “We think the issues were really not major,” Slaiby said, “and clearly not impactful for the communities we work in.”
If the EPA and the Obama administration are so concerned about polluting our own shores, what kind of rank hypocrisy is it to demand more oil from places where environmental standards are far lower? And how mean a con to pull on the American people, to say with one breath that we have to do something about higher gasoline prices out of one side of the mouth and then block any attempts to develop America’s own resources?
I don’t think I’ve ever seen a president or administration more hostile toward its own nation’s interests, nor more sanctimonious in the surety of its own superior wisdom.
(Crossposted at Public Secrets)