Friday, February 04, 2011

Obama, Democrats and the energy crisis

Some are saying that turmoil in Egypt has the potential for shutting down the Suez Canal which would have serious consequences for our oil supply, oil prices and our economy. So what is the Obama administration doing about it?  They are blatantly and illegally defying a court oder to continue drilling in the Gulf! Michelle Malkin writes,

Federal judge Martin Feldman in Louisiana excoriated the Obama Interior Department Wednesday for defying his May 2010 order to lift its groundless ban on offshore oil and gas drilling in the Gulf. Nine months later, not a single permit has been issued. Several deepwater platforms have moved out of the area to take their businesses -- and an estimated 5,000 jobs -- overseas. Billions of dollars in potential oil revenue and Gulf lease sales-related rent have also dried up.
Meanwhile, because of the Obama Administration, Shell Oil will put off another season of drilling in the Arctic as well!

And speaking of energy, Texas is apparently experiencing a different energy crisis:
State and local electric grid operators expect no repeat of Wednesday's rolling blackouts, but the ongoing cold could still knock out power.
Some 3,000 megawatts of power plant capacity were still offline Thursday afternoon, down from the 7,000 megawatt shortfall that hit the state Wednesday morning, said Trip Doggett, CEO of the state's main grid operator, the Electric Reliability Council of Texas.
That shortfall prompted ERCOT to ask local power distribution firms such as Houston's CenterPoint Energy to cut 4,000 megawatts of power use via rolling blackouts.So while excessive government regulation (brought on by Democrats) kills domestic oil production, throttles coal production, and squashes new dams, refineries and nuclear power plants, and while oil is projected to rise to $4.00 per gallon or higher this summer even apart from any crisis--or oil supply from the Suez Canal is in serious jeopardy.
When California and Texas already have trouble meeting electrical needs, what's going to happen when more and more people are plugging in their new electric cars?
Obama and the Democrats may not be deliberately trying to destroy the country, but the effect may be the same anyway. 

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