Cancel 2016.2
The Almighty
http://www.unionleader.com/article....rticleId=c1c8bd41-4315-4c1f-8781-1ad3deca21d1
"This bill is a total fraud. It gives us access to only 12 percent of the estimated oil reserves we are currently not allowed to access. If Congress takes no action in the next two weeks, guess how much of that oil we could tap? One hundred percent.
The congressional ban on offshore drilling is not a permanent ban. It expires in two weeks! If Congress does nothing, all oil reserves currently closed to exploration will become accessible on Oct. 1. So this bill actually takes from 100 to 12 the percentage of blocked oil reserves we could begin reaching for two weeks from now.
Furthermore, the bill gives the appearance of opening drilling from 50 to 100 miles from shore, but it actually discourages this. The bill requires state approval for drilling within that range, but it does not allow states to share in revenues from oil leases granted there. So states such as California, which faces a huge budget shortfall, have less incentive to give that approval."
Who wants to bet that if this bill passes, the Dems will proclaim something to the effect of 'we care about the consumer and have thus allowed offshore drilling'. Further... how many Dems will call bullshit on such a distortion?
"This bill is a total fraud. It gives us access to only 12 percent of the estimated oil reserves we are currently not allowed to access. If Congress takes no action in the next two weeks, guess how much of that oil we could tap? One hundred percent.
The congressional ban on offshore drilling is not a permanent ban. It expires in two weeks! If Congress does nothing, all oil reserves currently closed to exploration will become accessible on Oct. 1. So this bill actually takes from 100 to 12 the percentage of blocked oil reserves we could begin reaching for two weeks from now.
Furthermore, the bill gives the appearance of opening drilling from 50 to 100 miles from shore, but it actually discourages this. The bill requires state approval for drilling within that range, but it does not allow states to share in revenues from oil leases granted there. So states such as California, which faces a huge budget shortfall, have less incentive to give that approval."
Who wants to bet that if this bill passes, the Dems will proclaim something to the effect of 'we care about the consumer and have thus allowed offshore drilling'. Further... how many Dems will call bullshit on such a distortion?