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Putting the onus on Congress (update)
Posted by: McQ on Monday, July 14, 2008

When President Bush does this, the only obstacle that will remain in the way of off-shore drilling will be Congress:
In another push to deal with soaring gas prices, President Bush on Monday will lift an executive ban on offshore drilling that has stood since his father was president. But the move, by itself, will do nothing unless Congress acts as well.

The president plans to officially lift the ban and then explain his actions in a Rose Garden statement, White House press secretary Dana Perino said.

There are two prohibitions on offshore drilling, one imposed by Congress and another by executive order signed by former President Bush in 1990.
As I mentioned previously, Congressional Democrats are getting a bit nervous as they search their souls, er, the polls, and see that the "no drilling" position is a loser which could well play into Republican hands in November. And while many of them seem willing to entertain lifting the ban, the "leadership" of the House, in the guise of Nancy Pelosi, remains adamantly opposed to more drilling.

So while the lifting of the ban by Bush removes one of the obstacles to off-shore drilling, it is also a brilliant political move as it places the future of any such drilling - drilling the majority of Americans would like to see - squarely in Congress's lap. If nothing happens, or it is voted down, Congress gets the blame. If they vote for some sort of compromise which allows drilling, Bush (and thereby Republicans) can take credit for leadership on the issue.

I'll be watching this with interest (I'm also interested to see how this announcement effects the price of oil, if at all).

UPDATE: And Harry Reid answers:
Senate Majority Leader Harry Reid, D-Nevada, said Monday he expected his congressional colleagues to introduce a bipartisan bill targeting oil speculators by Wednesday. "We need to crack down on excessive speculation," said Reid at a press conference held shortly after President Bush said he was lifting an executive ban on offshore drilling.
There's stupidity and then there's dogged stupidity - Reid, much like Ms. Pelosi, seems to be infected with the latter.

UPDATE II: And you can be sure a President Obama would provide no leadership concerning drilling for known assets in America. Said his spokesperson today:
“If offshore drilling would provide short-term relief at the pump or a long-term strategy for energy independence, it would be worthy of our consideration, regardless of the risks. But most experts, even within the Bush Administration, concede it would do neither. It would merely prolong the failed energy policies we have seen from Washington for thirty years. Senator Obama believes Americans need real short-term relief, which is why he has proposed a second round of stimulus with energy rebates for working families. And over the long-term, Senator Obama understands that our national security and the survival of the planet demand a real strategy to break our dependence on foreign oil by developing clean, new sources of energy and by vastly improving the energy efficiency of our cars, trucks and our economy. He is ready to lead such a transformation.”
But you see, because it won't provide "short-term" relief, it isn't 'worthy' of 'our' (note the royal usage) consideration. However "vaporware" which may take anywhere from 10 to 50 years to perfect is, apparently, 'worthy' of his consideration.

Of course he'll never have to worry about its impact on his family's budget, will he?

Regardless of Obama's position you know which suspects to get a hold of and demand they lift the ban.
 
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I’ll be watching this with interest (I’m also interested to see how this announcement effects the price of oil, if at all).
Agreed. I suspect it will drop. And the resulting silence from the left will be testimony enough to what I’ve been saying all along.

And when did I say this was all to occur?

On or about mid-summer, wasn’t it?



 
Written By: Bithead
URL: http://bitsblog.florack.us
"I’m also interested to see how this announcement effects the price of oil, if at all"

If it affects the price at all it will mean that the market expects the Democrats to cave in on the matter. Having said that, IF the D’s do go along I expect about a $20-30 drop in the week immediately following the announcement. It says to the world "America is mad as #@ll and is not gonna take it anymore". And the world knows what happens next when America gets into such a state (see Pearl Harbor and 9/11 for clues).
 
Written By: CR
URL: http://
Obama campaign recation (via the Daily Kooks):
"If offshore drilling would provide short-term relief at the pump or a long-term strategy for energy independence, it would be worthy of our consideration, regardless of the risks. But most experts, even within the Bush Administration, concede it would do neither. It would merely prolong the failed energy policies we have seen from Washington for thirty years. Senator Obama believes Americans need real short-term relief, which is why he has proposed a second round of stimulus with energy rebates for working families. And over the long-term, Senator Obama understands that our national security and the survival of the planet demand a real strategy to break our dependence on foreign oil by developing clean, new sources of energy and by vastly improving the energy efficiency of our cars, trucks and our economy. He is ready to lead such a transformation," said Obama campaign spokesman Bill Burton.
Not exactly a winning strategery IMO...
 
Written By: John
URL: http://averagegayjoe.blogspot.com
It would merely prolong the failed energy policies we have seen from Washington for thirty years.
So, reversing a Washington policy that has been in effect for two decades is an extension of thirty years of failed Washington policies? Are they even trying?
 
Written By: Is
URL: http://

 
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