The Foundry "Randall Stilley has witnessed firsthand the Obama administration’s job-killing agenda. As the president and chief executive of Seahawk Drilling, he had to lay off 632 employees before filing for bankruptcy — a direct result of President Barack Obama’s anti-energy policies."
Deepwater Drilling Permitting Rate Still Way Below Average "As gas prices continue to climb — reaching as high as $5.75 to $6.03 a gallon in some places — the Department of the Interior remains stingy with deepwater drilling permits.
"Since February 2011, the administration has issued an average of just 1.3 deepwater permits per month — a 78 percent monthly reduction from the historical monthly average of 5.8 permits a month...
"The slow pace of permitting will likely eventually result in production declines — and that decrease in supply is unlikely to mitigate high gas prices."
Deepwater Drilling Permitting Rate Still Way Below Average "As gas prices continue to climb — reaching as high as $5.75 to $6.03 a gallon in some places — the Department of the Interior remains stingy with deepwater drilling permits.
"Since February 2011, the administration has issued an average of just 1.3 deepwater permits per month — a 78 percent monthly reduction from the historical monthly average of 5.8 permits a month...
"The slow pace of permitting will likely eventually result in production declines — and that decrease in supply is unlikely to mitigate high gas prices."
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| http://townhall.com/political-cartoons/chuckasay |
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