With gas costs high, Obama to speed o...

With gas costs high, Obama to speed oil production

There are 6 comments on the KCBD-TV Lubbock story from May 14, 2011, titled With gas costs high, Obama to speed oil production. In it, KCBD-TV Lubbock reports that:

Amid growing public unhappiness over gas prices, President Barack Obama is directing his administration to ramp up U.S. oil production by extending existing leases in the Gulf of Mexico and off Alaska's coast and holding more frequent lease sales in a federal petroleum reserve in Alaska.

Join the discussion below, or Read more at KCBD-TV Lubbock.

Since: Apr 08

Location hidden

#1 May 14, 2011
Always Reactive, never Proactive.

Since: Oct 10

Location hidden

#2 May 14, 2011
Like this isn't some campaign B.S. "Your energy prices must necessarily skyrocket". He wants to cut subsidies to US oil companies while he pays foreign George Soros invested oil companies billions to drill oil for China deeper than the gulf oil spill rig. How great is that?

He isn't opening ANWAR and other places we know contain huge oil reserves so this is just total B.S. campaign crap!

He wants gas to cot 6-7 dollars a gallon so we won't use it!
Atheist Liberal

United States

#3 May 14, 2011
What happened to green energy? Screw green energy! Obama wants to serve a 2nd term.

Why do I get the feeling it's all smoke and mirrors again? He is probably only going to open up areas where the oil companies already know there's no oil...

And what about government tax revenues on gasoline? Our Government's tax revenues on gasoline are 10 higher than oil company profits - all the oil companies combined only make 1/10 as much as our own government on gasoline sales...
Frank Rizzo

Santa Rosa, CA

#4 May 15, 2011
Atheist Liberal wrote:
What happened to green energy? Screw green energy! Obama wants to serve a 2nd term.
Why do I get the feeling it's all smoke and mirrors again? He is probably only going to open up areas where the oil companies already know there's no oil...
And what about government tax revenues on gasoline? Our Government's tax revenues on gasoline are 10 times higher than oil company profits - all the oil companies combined only make 1/10 as much as our own government on gasoline sales...
Obama is only saying he's going to allow drilling - in order to try to drive prices down. Everything Obama says is at best, only half true - usually a complete lie.

Since: Oct 10

Location hidden

#5 May 15, 2011
Frank Rizzo wrote:
<quoted text>
Obama is only saying he's going to allow drilling - in order to try to drive prices down. Everything Obama says is at best, only half true - usually a complete lie.
Indeed!
Atheist Liberal

United States

#6 May 15, 2011
Frank Rizzo wrote:
<quoted text>
Obama is only saying he's going to allow drilling - in order to try to drive prices down. Everything Obama says is at best, only half true - usually a complete lie.
Agreed. He's not going to actually allow the oil companies to drill in places where there is actually oil.

This is how Obama handles everything - smoke and mirrors.

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