President Bush to lift executive ban on offshore drilling... - Mercedes-Benz Forum

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post #1 of 35 (permalink) Old 07-14-2008, 09:18 AM Thread Starter
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President Bush to lift executive ban on offshore drilling...

Jul 14 10:46 AM US/Eastern
By BEN FELLER
Associated Press Writer

WASHINGTON (AP) - In another push to deal with soaring gas prices, President Bush on Monday will lift an executive ban on offshore drilling that his 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. The current president, trying to ease market tensions and boost supply, called last month for Congress to lift its prohibition before he did so himself.

But Perino said Bush no longer wants to wait. She pinned blame on the leaders of the Democratic Congress, noting that no action has been taken on this issue.

"They haven't even held a single hearing," Perino said. "So we are going to move forward, and hopefully that will spur action by the Congress." ...

Bush to lift executive ban on offshore drilling

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post #2 of 35 (permalink) Old 07-14-2008, 09:22 AM Thread Starter
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Environmentalists Say Yes to Offshore Drilling...

It's true, and in Santa Barbara, Calif., of all places.

Cross Country - WSJ.com

When an environmental group formed for the sole purpose of opposing offshore oil drilling warmly embraces a plan to drill off its own coast, you know something important has changed in our culture: Americans have recognized that offshore oil drilling is largely safe.

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post #3 of 35 (permalink) Old 07-14-2008, 09:24 AM
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Whats so bad about offshore drilling that it needed to be banned¿ Seems like kind of a stupid thing to do, its no worse than drilling anywhere on land.
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post #4 of 35 (permalink) Old 07-14-2008, 09:25 AM Thread Starter
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Chavez says could reach $300...

Our favorite terrorist to the south is at it again. And this time he may be playing right into President Bush's hands on this issue.

MARACAIBO, July 13 (Reuters) - Venezuelan President Hugo Chavez said on Sunday oil prices could hit $300 per barrel if U.S. oil company Exxon Mobil again freezes Venezuelan assets in a dispute over a nationalized oil project.

Venezuela's Chavez says oil could reach $300 | Reuters

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post #5 of 35 (permalink) Old 07-14-2008, 09:26 AM
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The fact that environmentalists are embracing off-shore drilling proves that when it hurts THEM in the pocket book, they sell off their principles. Makes you wonder if they ever believed in any of that shit they were for, anyway.

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post #6 of 35 (permalink) Old 07-14-2008, 09:29 AM Thread Starter
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Do-Nothing Democrats Do Nothing on Energy...

House Democrats suspend spending bills

WASHINGTON (AP) — Sidestepping battles with Republicans over offshore oil drilling and pork barrel projects, Democrats controlling the House have called a halt to efforts to pass the 12 annual bills that fund Cabinet agency budgets.

The House is typically busy during the month of July as lawmakers debate and vote on the annual spending bills. Late nights are common and dozens of votes on amendments are called. There's more than a little institutional pride at stake as the House plugs away with its work, fulfilling its traditional responsibility to initiate spending bills.

But Appropriations Committee Chairman David Obey, D-Wis. — blindsided last month by a GOP effort to transform a bill funding education and health care into a vehicle to permit additional offshore oil drilling — has suspended his panel's work on spending bills for the budget year beginning Oct. 1.

In the wake of the imbroglio, House leaders have failed to schedule debate on a single appropriations bill, including politically popular measures funding veterans and homeland security programs.

Obey says Republicans simply want to drag out the annual appropriations debates for political ends and that he won't be a pawn in such a game. But with President Bush promising veto after veto of the Democratic bills — and Senate action unlikely for most of them as well — there's little enthusiasm among either rank and file Democrats or their leaders to pass all the bills.

Then there is the question of additional offshore oil exploration, which sparked the battle and is a huge issue with voters, who are rallying behind the idea in public opinion surveys. Democratic leaders have blocked GOP efforts to force a vote to end the blanket prohibition on energy development of over 80 percent of the country's offshore waters.

Under ordinary circumstances, Republicans could use the Interior Department budget bill to lift the restrictions on offshore oil exploration. Obey postponed plans for a committee vote on the Interior measure last month after Republicans unveiled a measure by Rep. John Peterson, R-Pa., to open waters 50 miles offshore to oil companies.

The delay by Obey was followed by a remarkable move by top Appropriations Committee Republican Jerry Lewis of California, a longtime colleague of Obey on the powerful panel but one who has a strained relationship with him...

GOP.gov - House Republican Conference - Latest News

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post #7 of 35 (permalink) Old 07-14-2008, 09:30 AM Thread Starter
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The fact that environmentalists are embracing off-shore drilling proves that when it hurts THEM in the pocket book, they sell off their principles. Makes you wonder if they ever believed in any of that shit they were for, anyway.
The courage of their convictions stops at the money's edge...

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post #8 of 35 (permalink) Old 07-14-2008, 09:34 AM Thread Starter
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Oil rebounds to trade above $145 a barrel...

Monday July 14, 10:32 am ET
By Adam Schreck, AP Business Writer

Oil pushes back above $145 a barrel; White House says Bush will lift offshore drilling ban

NEW YORK (AP) -- Oil prices crept back above $145 a barrel Monday, recovering from earlier declines as ongoing supply concerns and a mixed dollar gave traders enough reason to keep prices high.

The gains came as the White House said President Bush plans to lift an executive ban on offshore oil drilling. Such a move will not ease tight global supplies in the short term, however, because a Congressional prohibition remains in place and any new wells would take months, if not years, to complete...

Oil rebounds to trade above $145 a barrel: Financial News - Yahoo! Finance

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post #9 of 35 (permalink) Old 07-14-2008, 11:10 AM
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Good.
Now go for the oil from the tundra and we're on the right path.

The biggest problems we are facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all and that’s what I intend to reverse.

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post #10 of 35 (permalink) Old 07-14-2008, 11:13 AM Thread Starter
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Good.
Now go for the oil from the tundra and we're on the right path.
I like his one-step-at-a-time approach. If he can get the stupid democraps to bite on this one, then go for the tundra!

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