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Thread: House Passes Bill To Lift Obama's Moratorium on Drilling

  1. #1
    Senior Member huntinman's Avatar
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    Default House Passes Bill To Lift Obama's Moratorium on Drilling

    About time! They told Obama to stuff it! Now let's see if the Senate has any nerve...



    House Approves Bill to Lift Drilling Moratorium
    By Chad Pergram
    Created 2011-05-12 14:30
    The House of Representatives voted to open more of the nation's oceans for oil and gas exploration on Thursday by a vote of 243 to 179.

    The "Reversing President Obama's Offshore Moratorium Act," requires the Interior Department to set a production goal of three million barrels of oil per day for its 2012-2017 leasing plan.

    In order to reach that target, the legislation requires the department to hold lease sales off the coast of Southern California, in the Arctic Ocean, off Alaska's Bristol Bay, and in the Atlantic Ocean from Maine to North Carolina.

    Republicans say that the bill, along with two other drilling measures passed earlier this month, would create 1.2 million jobs and lower the price of oil. The Congressional Budget Office says that the offshore lease sales would generate $800 million in revenue over ten years.

    The Obama administration released a statement opposing the bill Wednesday. The White House [1] argued that the proposal would undermine the current leasing process and mandate drilling leases without input from the affected states.

    Fox News House producer John Brandt contributed to this report.
    Bill Davis

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    Senior Member road kill's Avatar
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    Quote Originally Posted by huntinman View Post
    About time! They told Obama to stuff it! Now let's see if the Senate has any nerve...



    House Approves Bill to Lift Drilling Moratorium
    By Chad Pergram
    Created 2011-05-12 14:30
    The House of Representatives voted to open more of the nation's oceans for oil and gas exploration on Thursday by a vote of 243 to 179.

    The "Reversing President Obama's Offshore Moratorium Act," requires the Interior Department to set a production goal of three million barrels of oil per day for its 2012-2017 leasing plan.

    In order to reach that target, the legislation requires the department to hold lease sales off the coast of Southern California, in the Arctic Ocean, off Alaska's Bristol Bay, and in the Atlantic Ocean from Maine to North Carolina.

    Republicans say that the bill, along with two other drilling measures passed earlier this month, would create 1.2 million jobs and lower the price of oil. The Congressional Budget Office says that the offshore lease sales would generate $800 million in revenue over ten years.

    The Obama administration released a statement opposing the bill Wednesday. The White House [1] argued that the proposal would undermine the current leasing process and mandate drilling leases without input from the affected states.

    Fox News House producer John Brandt contributed to this report.
    Based on what I have seen so far, "The One" is PIZZZED OFF!!!!!!


    Who do they think they are??


    BTW--Question, will this interfere with Soros Brazillian efforts??

    First customer regards.........


    RK
    Last edited by road kill; 05-12-2011 at 02:24 PM.
    Stan b & Elvis

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    Senior Member huntinman's Avatar
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    They better not make Obama mad, he might build a moat around the WH and put alligators or something in it...
    Bill Davis

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    Senior Member troy schwab's Avatar
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    Quote Originally Posted by huntinman View Post
    About time! They told Obama to stuff it! Now let's see if the Senate has any nerve...



    House Approves Bill to Lift Drilling Moratorium
    By Chad Pergram
    Created 2011-05-12 14:30
    The House of Representatives voted to open more of the nation's oceans for oil and gas exploration on Thursday by a vote of 243 to 179.

    The "Reversing President Obama's Offshore Moratorium Act," requires the Interior Department to set a production goal of three million barrels of oil per day for its 2012-2017 leasing plan.

    In order to reach that target, the legislation requires the department to hold lease sales off the coast of Southern California, in the Arctic Ocean, off Alaska's Bristol Bay, and in the Atlantic Ocean from Maine to North Carolina.

    Republicans say that the bill, along with two other drilling measures passed earlier this month, would create 1.2 million jobs and lower the price of oil. The Congressional Budget Office says that the offshore lease sales would generate $800 million in revenue over ten years.

    The Obama administration released a statement opposing the bill Wednesday. The White House [1] argued that the proposal would undermine the current leasing process and mandate drilling leases without input from the affected states.
    Fox News House producer John Brandt contributed to this report.
    All the more reason for big government to stay the hell out of way......let the states decide..... Im sure Louisiana will takes its sweet time deliberating..........NOT!!!!!!!
    SHR Presque Isle Jaeger Schwab JH (driving the bus)

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    Senior Member Franco's Avatar
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    Sorry to be the bearer of bad news but.......

    with the high water on the lower Miss River, the refineries are being forced to closed and I agree with this for saftey reasons.

    Just when we thought the price at the pump might be going down! .
    The Libertarian Party believes that all persons are entitled to keep the fruits of their labor. A call for the repeal of the income tax, abolishment of the Internal Revenue Service and all federal programs and services not required under the U.S. Constitution. We support the passage of a "Balanced Budget Amendment" to the U.S. Constitution, provided that the budget is balanced exclusively by cutting expenditures, and not by raising taxes. LP.org

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    Senior Member huntinman's Avatar
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    Quote Originally Posted by Franco View Post
    Sorry to be the bearer of bad news but.......

    with the high water on the lower Miss River, the refineries are being forced to closed and I agree with this for saftey reasons.

    Just when we thought the price at the pump might be going down! .
    That's OK Franco... the river will eventually fall... maybe we can make some of Obama's short sighted policies do the same.
    Bill Davis

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    Senior Member Franco's Avatar
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    Quote Originally Posted by huntinman View Post
    That's OK Franco... the river will eventually fall... maybe we can make some of Obama's short sighted policies do the same.

    They could be down for 6 to 10 weeks!

    Over 62% of the oil refined that goes to the pump gets refined on the lower river.
    Last edited by Franco; 05-12-2011 at 02:51 PM.
    The Libertarian Party believes that all persons are entitled to keep the fruits of their labor. A call for the repeal of the income tax, abolishment of the Internal Revenue Service and all federal programs and services not required under the U.S. Constitution. We support the passage of a "Balanced Budget Amendment" to the U.S. Constitution, provided that the budget is balanced exclusively by cutting expenditures, and not by raising taxes. LP.org

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    Senior Member huntinman's Avatar
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    Prime example of why we need to quit screwing around with the enviro-whackos and build some more refineries. Open up more drilling right here in the USA and take care of ourselves, not Brazil, China, Russia, the Middle East and everywhere else. Drill here, drill now. Won't help the short term... but if they had done it 10 years ago, we would not be in this mess now. They keep kicking it down the road. It's time we take advantage of our own natural resources...
    Bill Davis

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    Senior Member gman0046's Avatar
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    Our price for regular has been $4.15/9 since Tuesday. Thank God we have the Messiah in the White House, he'll take care of it.
    Perry - Man Crush Obongolo

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    Quote Originally Posted by Franco View Post
    Sorry to be the bearer of bad news but.......

    with the high water on the lower Miss River, the refineries are being forced to closed and I agree with this for saftey reasons.

    Just when we thought the price at the pump might be going down! .
    Didn't you now. ITS BUSH'S FAULT!!!

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