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Tuesday, June 08, 2010

Obama...oily under pressure

According to news reports Obama is close to reopening drilling offshore, rather than taking the opportunity to push for reduced consumption, and for a different kind of economy.
The same old story will yield the same old ending.

White House Pushes to Clear Way for Oil-Drilling Permits - WSJ.com: "The Obama administration, facing rising anger on the Gulf Coast over the loss of jobs and income from a drilling moratorium, said Monday that it would move quickly to release new safety requirements that would allow the reopening of offshore oil and gas exploration in shallow waters.

Gulf Coast residents, political leaders and industry officials said delays in releasing the new rules, along with the administration's six-month halt on deepwater drilling—both issued amid public pressure—threatened thousands of jobs."

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