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LIST: 10 Obama Regulations Killing our Energy Economy

Posted by FactReal on October 2, 2012

OBAMA’S BIG GOVERNMENT & EXCESSIVE REGULATIONS
ARE KILLING OUR ECONOMY
The Foundry has compiled 10 of the “most troubling energy and environmental regulations implemented or proposed by the Obama Administration.”

Here is a summary: (Detailed list here)

1. Slowing energy production on federal lands as a result of a molasses-like permitting and moratoriums.

2. Failing to open America’s federal lands and waters to exploration and development.

3. Delaying a decision on Keystone XL pipeline which would bring up to 830,000 barrels of oil per day from Canada to the U.S.

4. Tripling down on energy subsidies which merely concentrate power in Washington, shift labor and capital away from economically viable projects, and perpetuate mediocrity.

5. Stifling all energy projects in red tape and endless lawsuits from environmental activists.

6. Shutting down coal which could provide electricity for 500 years.

7. Giving extreme and unprecedented power to the EPA.

8. Threatening hydraulic fracturing (“fracking”) with unnecessary regulations even though fracking has been successfully used in over 1 million wells in the U.S. for more than 60 years.

9. Shutting down Yucca Mountain despite data indicating that Yucca would be a safe place to store America’s used nuclear fuel. Absent any nuclear waste disposal options, the U.S. simply will not significantly expand nuclear energy.

10. Attacking consumer choice with mandates for new automobile efficiency standards.

Posted in Energy, Global Warming, Left, Obama | Tagged: , , , , , , , , , | Leave a Comment »

Black Pastors Oppose Obama’s Gay Marriage Support

Posted by FactReal on May 15, 2012

African-American Church Leaders Condemn Obama For Gay Marriage Support
Via The Blaze:

Just days after President Barack Obama announced his support for same-sex marriage, pastors and priests around Maryland took to their own pulpits with their reaction– and in some cases– condemnation of the president. […]

When Obama announced that his position on same-sex marriage had evolved, it outraged some African-American pastors like Pastor and Del. Emmett Burns.

“He has said to his base, African-Americans, ‘I am going against your beliefs and your thoughts,’” Burns said.

He’s so opposed to same-sex marriage, he told church members he will no longer support the president and now predicts Obama will lose the election because of it.

He and many other leaders are pouring their energies into gathering the signatures needed to put Maryland’s same-sex marriage law on the November ballot.

“I think it might be a call to action for people to really express what they believe,” Father Erik Arnold of Our Lady of Perpetual Help said.

In Maryland, some of the strongest opposition to the law has come from the black community– about 30 percent of the population. Some African-American religious leaders are preaching about it

“God said in every home, there needs to be a representation of his glory through manhood and femininity,” Pastor Harry Jackson, Hope Christian Church in Beltsville, said.

Black Pastor: I absolutely, vehemently disagree with Obama:

Pastor of Baltimore Maryland’s Empowerment Temple, Jamal Bryant spoke with Roland Martin, correspondent on the Tom Joyner Morning Show, today about President Obama’s announcing his support of gay marriage.

“I absolutely, vehemently disagree with the president,” Bryant told Martin. “I agree with his presidency, but with this policy, I do not agree. Marriage is the original institution of the church.

When asked if he will vote for the president again, Bryant said, “I think, given the option I’ve got, which is Mitt Romney, I’ve got no choice.”

MORE
Kenyan Clerics Blast Obama on Gay Marriage Stance: Legalizing What ‘God Himself Objects’
Black Pastors Blast Obama
Backlash in the black community over gay marriage (Video)

Posted in Energy, Obama, Religion | Tagged: , , , , , , | Leave a Comment »

FLASHBACK: Obama Wanted High Gas Prices (Videos)

Posted by FactReal on March 16, 2012

OBAMA FAVORS HIGH GAS PRICES TO ADVANCE HIS GREEN ENERGY AGENDA
Summary: “Obama and his Administration have repeatedly stated that they want higher energy prices. They want to use the pressure of higher energy costs as an excuse to force their green energy boondoggle on Americans.”
H/t: NewsBusters.
Obama 2008: ‘Under my plan, electricity rates would necessarily skyrocket’
Transcript
Obama 2008 on High Gas Prices: ‘I’d Have Preferred a Gradual Adjustment’
Transcript
Obama’s Energy Czar Steven Chu also Said he Wanted High Gas Prices
Chu in 2008: Energy Dept Working To Wean U.S. Off Oil, Not Lower Gas Prices
In 2008, Chu advocated for $10-a-gallon gas prices:

Obama’s secretary at the Department of Energy, said in an interview that gas taxes should slowly be increased over the next 15 years in order to force people to turn to alternative energy sources.

“Somehow, we have to figure out how to boost the price of gasoline to levels in Europe,” said Chu.

In Europe, the price for a gallon of gas consistently hovers around $10 a gallon.

Summary video
By Heritage:
RELATED
Obama Lies. The U.S. has 60 Times more Oil than Obama Claims
Obama Lies about High Gas Prices and Oil Production
Obama Killing Real Jobs for Green Utopia
Obama in 2008 Favored High Gas Prices (Videos)
Gas Prices Under President Obama in Pictures

Posted in Energy, Obama | Tagged: , , , , , , , , , | Leave a Comment »

Obama Lies. The U.S. has 60 Times more Oil than Obama Claims

Posted by FactReal on March 16, 2012

OBAMA’S SELECTIVE DATA
When Obama says the U.S. has only 2% of the world’s oil reserves, he is talking about the tip of the oil pyramid — that is, the “proved” oil reserves which refer to oil currently being drilled in existing fields.

Obama frequently pushes the myth that oil in the U.S. is scarce, but in reality the U.S. has 60 times more oil than Obama claims. Investor’s Business Daily explains, “The U.S. has 1.4 trillion barrels of technically recoverable oil, according to the Institute for Energy Research, enough to meet all U.S. oil needs for about the next 200 years, without any imports.”

Investor’s Business Daily reported:

“With only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices,” [Obama] said. “Not when we consume 20% of the world’s oil.”

The claim makes it appear as though the U.S. is an oil-barren nation, perpetually dependent on foreign oil and high prices unless we can cut our own use and develop alternative energy sources like algae.

U.S. Awash In Oil
But the figure Obama uses — proved oil reserves — vastly undercounts how much oil the U.S. actually contains. In fact, far from being oil-poor, the country is awash in vast quantities — enough to meet all the country’s oil needs for hundreds of years.

The U.S. has 22.3 billion barrels of proved reserves, a little less than 2% of the entire world’s proved reserves, according to the Energy Information Administration. But as the EIA explains, proved reserves “are a small subset of recoverable resources,” because they only count oil that companies are currently drilling for in existing fields.

When you look at the whole picture, it turns out that there are vast supplies of oil in the U.S., according to various government reports. Among them:

At least 86 billion barrels of oil in the Outer Continental Shelf yet to be discovered, according to the government’s Bureau of Ocean Energy Management.

About 24 billion barrels in shale deposits in the lower 48 states, according to EIA.

Up to 2 billion barrels of oil in shale deposits in Alaska’s North Slope, says the U.S. Geological Survey.

Up to 12 billion barrels in ANWR, according to the USGS.

As much as 19 billion barrels in the Utah tar sands, according to the Bureau of Land Management.

Then, there’s the massive Green River Formation in Wyoming, which according to the USGS contains a stunning 1.4 trillion barrels of oil shale — a type of oil released from sedimentary rock after it’s heated.

A separate Rand Corp. study found that about 800 billion barrels of oil shale in Wyoming and neighboring states is “technically recoverable,” which means it could be extracted using existing technology. That’s more than triple the known reserves in Saudi Arabia.

All told, the U.S. has access to 400 billion barrels of crude that could be recovered using existing drilling technologies, according to a 2006 Energy Department report.

When you include oil shale, the U.S. has 1.4 trillion barrels of technically recoverable oil, according to the Institute for Energy Research, enough to meet all U.S. oil needs for about the next 200 years, without any imports.

Read full report here.

RELATED
Obama Lies about High Gas Prices and Oil Production
Obama Killing Real Jobs for Green Utopia
Obama in 2008 Favored High Gas Prices (Videos)

Posted in Economy/ Finance, Energy, Obama | Tagged: , , , , , , , , | Leave a Comment »

Obama Killing Real Jobs for Green Utopia

Posted by FactReal on January 25, 2012

As Heritage indicates, Obama has been very busy “blocking energy-related jobs from reliable and affordable energy sources while handing taxpayer money to producers of unreliable and costly alternative energy whose “green jobs” are a fallacy.”

Here are just some examples of Obama’s destructive decisions:

Obama rejected the permit application for the Keystone XL pipeline:
The project would create thousands of jobs, secure energy supply, and lower energy prices:

Building the pipeline would bring over 700,000 barrels of oil per day and directly create 20,000 truly shovel-ready jobs. The Canadian Energy Research Institute estimates that current pipeline operations and the addition of the Keystone XL pipeline would create 179,000 American jobs by 2035.

Obama is delaying drilling in the Gulf by approving only 35% of the plans instead of the historical average 73.4%:

the Obama administration is approving just 35 percent of the oil drilling plans for the Gulf of Mexico so far this year. It is also taking an average of 115 days — nearly four months — to secure approval from the Bureau of Ocean Energy Management, Regulation and Enforcement. Those numbers are a sharp drop from previous years, well below the historical average 73.4 percent approval rate and 61 days it takes to approve plans.

Obama is delaying a mineral lease sale in Ohio for oil and gas drilling:

In mid-November, the Obama Administration delayed a mineral lease sale in Ohio’s Wayne National Forest for oil and gas drilling. Apart for providing Americans access to affordable energy, the project could have had a tremendous impact in the state, including the creation of an estimated 200,000 jobs, an overall wage and personal-income boost of $12 billion by 2015, and a billion-dollar boon to Ohio landowners, schools, businesses, and communities.

Obama gave a $535 million taxpayer-funded loan guarantee to Solyndra, the solar power company that went bankrupt last summer, leaving about 1,100 people out of work.

Obama’s other Solyndras: 12 clean energy companies are having trouble after collectively being approved for more than $6.5 billion in federal assistance.

Obama pushed for oil drilling in Brazil.

Obama spent $1.6 Billion on Chinese wind turbines & $2 Billion on Brazilian oil.

Under Obama, oil and gas production on federal lands is down 40%.

Posted in Economy/ Finance, Energy, Global Warming, Obama | Tagged: , , , , | Leave a Comment »

FLASHBACK: Obama on High Gas Prices: ‘I Would Have Preferred a Gradual Adjustment’ (Video, Transcript)

Posted by FactReal on March 4, 2011

OBAMA 2008 WANTED HIGH GAS PRICES
During the 2008 campaign, then-candidate Obama commented on the gas crisis and indicated he preferred higher gas prices. Well, I guess he is happy now.

CNBC interview with then-Presidential-Candidate Senator Barack Obama. (June 10, 2008)


Another video
TRANSCRIPT:
HARWOOD: As difficult as this is for consumers right now, is, in fact, high gas prices what we need to let the market work, a line incentive so that we do shift to alternative means of energy?

Sen. OBAMA: Well, I think that we have been slow to move in a better direction when it comes to energy usage. And the president, frankly, hasn’t had an energy policy. And as a consequence, we’ve been consuming energy as if it’s infinite. We now know that our demand is badly outstripping supply with China and India growing as rapidly as they are. So…

HARWOOD: So could these high prices help us?

Sen. OBAMA: I think that I would have preferred a gradual adjustment. The fact that this is such a shock to American pocketbooks is not a good thing. But if we take some steps right now to help people make the adjustment, first of all by putting more money into their pockets, but also by encouraging the market to adapt to these new circumstances more quickly, particularly US automakers, then I think ultimately, we can come out of this stronger and have a more efficient energy policy than we do right now.

OBAMA 2008: HIS PLAN MAKES ELECTRICITY RATES SKYROCKET
In 2008, then-candidate Obama said, “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.” (Hat tip: HotAirPundit)

Video. Partial transcript.

OBAMA-QUIXOTE
Obama’s Reckless, Quixotic Fantasies are killing us:
At what point do environmentalist liberals become accountable for the results of their policies instead of their allegedly good intentions? Why isn’t President Obama held accountable for his ideologically based interference with lower oil prices? […]

Research has shown, for example, that if the United States were to adopt the Draconian cap-and-trade policies urged by the administration, it could cause a loss in gross domestic product of $9.4 trillion by 2035 and increase each family of four’s share of the national debt by $115,000. Never mind that the policies would have a trivial impact on future concentrations of greenhouse gases and have no meaningful impact on global temperatures, even by 2100. […]

The Heritage Foundation argues that Obama’s policies are indeed making gas prices higher. This week, the price of a barrel of crude oil surpassed $100 for the first time since September 2008. Heritage acknowledges that Middle East turmoil has had an impact, but long before this chaos, experts were predicting $4-a-gallon prices by the summer and $5-a-gallon gas by 2012 because of “increased oil demand worldwide.”

So what’s the obvious solution? Well, increasing domestic oil production comes to mind. But the administration has done just the opposite — to the direct detriment of the American people.

Both Chu and White House press secretary Jay Carney have insisted that the remedy is to develop alternative energy sources to decrease our dependency on foreign oil. That’s just peachy in theory and something to continue to explore for the long run. But in the short run, it is a reckless, quixotic fantasy — a tilting at windmills.

Windmills, incidentally, are not the answer. Heritage experts argue that wind and solar energy sources are miniscule and “entirely irrelevant to gasoline supply in the transportation sector.” The administration’s other alternative sources of energy, such as corn and electric cars, “won’t help a bit.” Corn-based ethanol produces less energy than gasoline, “contributes to food price increases, costs taxpayers $4 billion to produce 2 percent of the total gasoline supply, and has dubious environmental effects.” Electric cars are “prohibitively costly and environmentally suspect.”

Wake up, folks. Regardless of Obama’s intentions, his energy policies are, at best, grossly negligent and irrefutably damaging to Americans and our economy.

Posted in Energy, Left, Obama | Tagged: , , , , , , | 1 Comment »