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Posted: 8:33 a.m. Friday, March 23, 2012
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By Neal Boortz
Yesterday Barack Obama went to Cushing, Oklahoma to try continue his charade of his “all of the above” energy policy. In Cushing, an oil storage hub, Obama announced that he supported the building of the southern section of the pipeline. This is the point where we are supposed to back off Obama for personally lobbying members of Congress to reject a recent amendment that would have taken the White House out of the Keystone equation. But wait! There’s more to this story.
Turns out that the southern portion of the Keystone Pipeline doesn’t need a presidential seal of approval in order to be built. TransCanada was planning to start construction of that portion of the pipeline as soon as June. So Obama is trying garner praise for something that was going to happen anyway. The truth is that the part of the pipeline that requires Obama’s approval is the northern part, which crosses over into Canada. This is the portion that remains blocked.
And amazingly, yet again, Obama took to blaming the Republicans for the failure of the Keystone Pipeline. He says that the Republicans refused to give his administration enough time to review the pipeline … an excuse that is horse manure. Our government had years to study the pipeline. Obama killed it because that is what his anti-capitalist eco-radical base demanded of him.
As if that wasn’t asinine enough, Obama went on to say that "anybody who suggests that we’re somehow suppressing domestic oil production isn’t paying attention." Need I remind you of our handy little list?
Immediately after taking office in 2009, Obama canceled 77 leases for oil and gas drilling in Utah.
In January 2010, Obama issued new regulations making it more difficult to develop energy resources on federal land.
After the BP oil spill, Obama needlessly instituted, not one, but two outright drilling bans in the Gulf of Mexico.
After rescinding his outright offshore drilling ban, Obama then refused to issue any new drilling permits in the Gulf, a policy that the Energy Information Administration estimated would cut domestic offshore oil production by 13% that year.
In 2010, Obama issued the lowest number of onshore leases since 1984.
In 2011, Obama held just one offshore lease sale in all of fiscal year 2011. President Bush’s energy plan called for five.
So far in his presidency, Obama has leased less than half of the offshore acres that President Clinton did.
Obama is also blocking access to 19 billion barrels of oil in the Pacific and Atlantic coasts and the eastern Gulf of Mexico, another 10 billion barrels estimated in the Chukchi Sea off the Alaskan coast, and another 10 billion barrels of oil in the Arctic National Wildlife Reserve..
Obama’s budget wants to exclude the oil and gas industry from the Section 199 manufacturers’ tax deduction. All other industries get to keep this tax break.
Obama’s budget proposes raising royalty rates for onshore oil and natural gas leases. This$27 billion tax hike will be passed directly to consumers at the pump.
Do you notice those lines in blue? Those are links, in case you don’t know. You can click on them and your computer will magically take you to the news story which documents everything I have said here. Give it a try. These facts will convince even the most die-hard leftist ObamaSycophant that he’s lying through his teeth to you. Facts are stubborn things.
Neal Boortz chronicles his 42 years of talk radio in his book "Maybe I Should Just Shut Up and Go Away" Available on line and printed from Barnes and Noble and Amazon.
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