Heritage "In the past two years, President Obama shut down drilling in the Pacific and Atlantic Oceans and the Gulf of Mexico. The EIA estimates that oil production will decline significantly in 2011 and 2012. His Administration was so negligent in issuing drilling permits that the Department of Interior was held in contempt of federal court. The Environmental Protection Agency has imposed costly regulations on refiners, and the Administration has rejected agreements with Canada to open up less expensive crude supplies.
"If President Obama simply stopped being a roadblock, the U.S. would increase its energy supply, oil prices would decrease, and taxpayers would stop losing royalty revenue. The Gulf economy would rebound, and jobs would be created (or recreated). If Obama simply got out of the way."
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