That's 50 cents per CC.  we need to drill everywhere and drill now.

On Thu, Feb 12, 2009 at 6:29 AM, liberal mike532 !
<[email protected]>wrote:

>
> lew after we nationalize the oil industry gas will be 50 cents per
> gallon
>
> On Feb 12, 7:16 am, "[email protected]" <[email protected]> wrote:
> > mikey:
> >
> > May you pay $10 a gallon for your gas.
> >
> > On Feb 12, 5:31 am, "liberal mike532  !" <[email protected]>
> > wrote:
> >
> >
> >
> > > Bush-Era Offshore Drilling Plan Is Set Asidehttp://
> www.truthout.org/021109EA
> > > MSNBC.com: "The Obama administration on Tuesday overturned another
> > > Bush-era energy policy, setting aside a draft plan to allow drilling
> > > off the Atlantic and Pacific coasts."
> > > "To establish an orderly process that allows us to make wise
> > > decisions based on sound information, we need to set aside" the plan
> > > "and create our own timeline," Interior Secretary Ken Salazar
> > > announced in a statement.
> >
> > > Alleging that the Bush administration "had torpedoed" offshore
> > > renewable energy in favor of oil and natural gas, Salazar said he was
> > > extending the public comment period by 6 months.
> >
> > > "The additional time we are providing will give states,
> > > stakeholders, and affected communities the opportunity to provide
> > > input on the future of our offshore areas," he said.
> >
> > > Salazar also ordered Interior Department experts to compile a
> > > report on the Outer Continental Shelf's energy potential - not just
> > > oil and gas, but also renewables like wind and wave energy.
> >
> > > "In the biggest area that the Bush administration's draft OCS
> > > plan
> > > proposes for oil and gas drilling - the Atlantic seaboard, from Maine
> > > to Florida - our data on available resources is very thin, and what
> > > little we have is twenty to thirty years old," he said. "We shouldn't
> > > make decisions to sell off taxpayer resources based on old
> > > information."
> >
> > > The Interior Department oversees 1.75 billion acres on the Outer
> > > Continental Shelf, an area that's about three fourths the size of the
> > > entire United States.
> >
> > > Environmentalists and some tourism-dependent coastal states
> > > oppose
> > > the drilling, citing the potential for spills and urging an emphasis
> > > on renewable energy instead. Energy companies counter that drilling
> > > has become safer over the years and that royalties from any finds
> > > would be in the billions of dollars.
> >
> > > "I intend to issue a final rulemaking ... in the coming months,
> > > so
> > > that potential developers know the rules of the road," Salazar said.
> > > "This rulemaking will allow us to move from the 'oil and gas only'
> > > approach of the previous administration to the comprehensive energy
> > > plan that we need."
> >
> > > "We need a new, comprehensive energy plan that takes us to the
> > > new
> > > energy frontier and secures our energy independence," he added. "We
> > > must embrace President Obama's vision of energy independence for the
> > > sake of our national security, our economic security, and our
> > > environmental security."
> >
> > > Moratorium Ended Last Year
> >
> > > The Bush administration had authorized the Interior Department to
> > > open areas off both coasts to oil and gas drilling during a five-year
> > > period. That move came after a moratorium on drilling there expired
> > > last year. Offshore drilling is already allowed in the Gulf of
> > > Mexico.
> >
> > > Both Obama and Salazar have said that expanding offshore oil
> > > drilling should be worked out with Congress as part of a broad energy
> > > blueprint, and not independent action by the Interior Department.
> >
> > > The move comes a week after the Interior Department shelved
> > > energy
> > > leases on 130,000 acres near two national parks and other federally
> > > protected lands in Utah.
> >
> > > In Congress, Democrats have long wanted to rewrite the rules on
> > > royalties from offshore drilling, arguing that energy companies have
> > > been paying too little.
> >
> > > Rep. Ed Markey, D-Mass., praised the move as an end to "drill
> > > first and ask questions later".
> >
> > > "The tide has turned back towards reason and a comprehensive
> > > energy plan for our country that sees promise in the winds and the
> > > tides, not just in drills and rigs," added Markey, who chairs the
> > > select committee on energy independence and global warming.
> >
> > > But House Republicans last week urged Obama not to close areas
> > > off
> > > the Atlantic and Pacific coastlines.
> >
> > > "We respectfully urge that you allow the five-year offshore
> > > drilling plan to continue because it is vital to our economy," the
> > > lawmakers, led by House Republican leader John Boehner, said in a
> > > letter. "Our country needs to remain on the path to American energy
> > > independence, and we believe this is a critical and achievable goal."
> >
> > > Jack Gerard, president of the American Petroleum Institute, which
> > > represents the large oil companies, said Salazar's announcement
> > > "means
> > > that development of our offshore resources could be stalled
> > > indefinitely."
> >
> > > 31 lease sales were proposed
> >
> > > The preliminary plan drawn up by the Bush administration would
> > > have authorized 31 energy exploration lease sales between 2010 and
> > > 2015 for tracts along the East Coast and off the coasts of Alaska and
> > > California.
> >
> > > The Republican lawmakers cited a study that concluded the
> > > untapped
> > > offshore oil and gas reserves would create more than 160,000 jobs by
> > > 2030 and provide the government with $1.7 trillion in royalties on
> > > the
> > > oil and gas drilled.
> >
> > > Congress last year failed to renew the long-standing moratorium
> > > on
> > > oil and gas exploration across 85 percent of the nation's Outer
> > > Continental Shelf, leaving all waters potentially open to drilling.
> >
> > > Then, four days before leaving office, officials in the Bush
> > > administration issued the draft plan, which called for energy leases
> > > in areas that until recently had been off limits for a quarter-
> > > century.
> >
> > > The Interior Department estimates - using 30-year-old studies -
> > > that the offshore waters lifted from drilling bans last year contain
> > > at least 18 billion barrels of oil, about half of it off California.
> >
> > > --------- Hide quoted text -
> >
> > - Show quoted text -
>  >
>


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