Obama finally figures it out–plans to fast track oil drilling in Alaska
The irony, of course, is inescapable. Democrats, seeking answers to why gas prices were so high, spent the week grilling oil company CEOs and attempting to make “Big Oil” the scapegoat (btw, their “profits” are not the reason for high gas prices and cutting out their tax breaks won’t bring them down) … again. And, we’ve had two years worth of the administration throwing roadblock after roadblock in front of oil companies trying to get permits to drill in the Gulf (so many months of delay, in fact, that most of the rigs idled have moved elsewhere in the world).
Now, suddenly, as November 2012 begins to creep inexorably closer, Barack Obama discovers the need for speed in exploiting oil and gas domestically – something we could be well into already if his administration hadn’t decided to essentially halt everything.
The broad energy plan, coming as gas prices continue to rise, would also fast-track environmental assessment of petroleum exploration elsewhere.
Yes, we now have an administration that, after two years of doing everything in its power to discourage oil companies, now claiming it suddenly “gets it?” Sorry if I’m not buying yet. After all, with the other hand, it pursues removing tax breaks in a capital intensive and competitive business sector that would discourage many oil producers from working here. More Hyde than Jekyll. To skip to another metaphor, how much of this is the usual smoke and mirrors show?
There are politics and there is reality, and one of the things I’ve learned since this administration has been in office is to take everything they say with a huge grain of salt and wait until you actually see something happening before you believe it.
I’m glad that’s the plan. But until I see this administration walking the walk, not just talking the talk, I’ll reserve any approbation for that moment. And then it will be muted given the “policy” the administration has pursued until now.
OK, I’m metaphored out – over to you.
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