Yeah, we already talked about that. Unless your brilliant remark here is that each administration has hated drilling more than the last, perhaps there's other reasons for this? Like, you know, the depletion of easily accessed oil reserves?
And the lack of replacement locations being opened up? Yes. That might exactly be it! Amazing how you can get half there on your own but then fail to close the deal mentally.
...is that you're still flailing about in the face of evidence showing no decline in production under Obama, still trying desperately to have a point because you care more about crying about Obama than you care about being accurate.
Honestly Joph? My only stake in this was to point out that your response to Varus of "But we subsidize the oil industry!!!" was ridiculous. I've more than proven that point. Everything else is just sheer thread inertia and I'm not really caring much at all.
While the Obama administration has maintained significant restrictions on drilling in the Gulf by the US, he's encouraging and even directly funding drilling in the Gulf by other nations.
it, Oil Professor Gbaji! I had no idea
that Rio de Janeiro & Sao Paulo was in the Gulf of Mexico!
Yeah, well. They're not. And the connection isn't as direct as Varus made it out to be. Did I mention that my point here isn't to defend the specifics of Varus' posts, but merely to show that your own responses are equally flawed?
Because, you know... off the coast of Rio de Janeiro is where the Santos Basin is, home of the oil discovery Brazil wants to tap.
Yes. Which is what the $2B we gave them a couple years ago was for. However, the same Brazilian company we gave the money to then is now opening up a new drilling operation in the gulf, and said operation was approved by the US dept of interior right before Obama went on his trip to South America. Coincidence? Maybe. And hey! I'm sure none of that $2B we gave them back in 2009 will in any way fund or influence this new platform in the gulf. Nope. Cause they'll keep that money in a separate bag or something!
Yeah. And I'll save you the really nutty conspiracy stuff and avoid pointing out the interesting relationship between George Soros investment shifts in Petrobras (the Brazilian company in question) during and around these various events. Cause that would just be paying back a supporter with taxpayer money and that would be illegal, right?
Um... Of course we're still left with a nearly complete moratorium on US companies drilling in the Gulf, while a Brazilian owned company is given a great big green light. Why do you suppose that is? And even ignoring the gulf region specifically, by blocking new offshore drilling off the East and West coasts of the US (and all areas around and in Alaska), we're basically handing production profits to other countries in the region.
And I'm pointing out that this has nothing to do with anything our government has done since Obama took office
Based on your hopes and dreams, I guess. Or were you preparing another lecture about the oil industry based on Gbaji Fantasyland?
Bush and the GOP implemented changes which were intended to open up offshore drilling nationwide starting in 2007. Most of that got blocked by the Dems when they took congress back in 2006. I could start digging up facts and figures to make the case that the relatively tiny amounts of increase we've seen over the exact time frame in which these increases were supposed to happen might just be the result of the few measures that weren't eliminated by the Dems having an effect, but honestly I just don't feel like going point counterpoint on this one. If you want to pretend that Obama magically had a hand in creating those oil production increases despite not passing a single piece of legislation and creating an executive moratorium against drilling in the gulf *and* his entire party being vocally opposed to any new drilling for oil the whole time, then by all means knock yourself out.
I think it's a silly line of argument from the start. I'll ask again: Are you actually trying to argue that the Dems are for increase domestic oil production in the US?