Thursday, April 1, 2010

Rubio joins GOP concern over drilling plan - Washington Times

Rubio joins GOP concern over drilling plan - Washington Times

There are good, solid reasons to look at the drilling plan–actually it's an "exploration plan"–with a jaundiced eye. Despite Dick Morris telling Bill O'Reilly that he thinks that Obama was serious about opening part of the East Coast and the Gulf of Mexico to off-shore drilling,

Obama's track record is replete with him saying one thing then orchestrating a different outcome with behind the scenes actions. It is also notable that the off-shore areas, with the exception of the Gulf, that have the best proven oil reserves are not included. California and Alaska have some of the greatest reserves around and they are still shut out. This is most unfortunate in the case of California as opening drilling off the West Coast could go a long way towards helping California through its financial crisis and they could surely use an oil boom. Additionally, in the last several months, oil drilling leases in Wyoming where the reserves are over a trillion barrels of oil have been quietly cancelled by the federal government. I can't help but wonder why the Federal Government would do that if they seriously wanted to expand production.

With that in mind, I would look for some very onerous regulations to be promulgated by the EPA in the next few months which will make development of the oil fields in the newly open areas almost, in not completely, cost prohibitive. This will be done by executive fiat with little or no negative comment allowed in the regulatory hearings and it is necessary so that Obama can placate his base.

Obama's end-game is passage of Cap & Trade so I would also expect that Obama will try to use this to push along Cap & Trade in the Senate. He will try to break the Republican block in the Senate by courting RINOs and labeling any who are against Cap & Trade as partisan citing his opening "vast areas" of the nation's coast line and the Gulf to further exploration as an example of his trying to reach across the aisle. It is, of course, a complete farce and political theater. Marco Rubio, whom I hope is the next Senator from Florida, is already voicing skepticism which shows that he has the maturity and acumen to see through the liberal-progressive-socialist smoke screen. It also shows that he recognizes Obama as the Saul Alinsky-trained radical that he most certainly is.

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