The Obama Administration Is Fully Aware That Its Oil Drilling Moratorium Will Destroy Tens of Thousands of Jobs

According to Investor’s Business Daily, the Obama Administration was fully cognizant that its moratorium on oil drilling would be a job killer yet it has aggressively pursued this action. Knowing Obama’s radical roots and ideology including strong associations with SDS members, socialists and communists, it appears that this action will comport with his goals.

What are these goals? Severe curtailment and iron fisted control of the oil industry.

Jobs Knowingly Killed And Destroyed
Investor’s Business Daily     8/25/2010

Unemployment: A damning memo shows the administration knew its oil drilling moratorium in the Gulf of Mexico would kill tens of thousands of jobs but did it anyway. We're the ones getting drilled.

There's a law known as the law of unintended consequences. It's invoked when you try to do the right thing but overlook other events and occurrences set in motion by your actions. In the case of the drilling moratorium, the consequences were intended.

In June, U.S. District Judge Martin Feldman struck down Interior Secretary Ken Salazar's original moratorium, saying it was overkill based on flawed reasoning. "If some drilling equipment parts are flawed, is it rational to say all are?" Feldman asked in his ruling. "That sort of thinking seems heavy-handed and rather overbearing."

So the administration went back, rearranged a few words and a few deck chairs, and reissued its moratorium. Last week, the Justice Department filed more than 27,000 pages of documents in a New Orleans court in the latest round of litigation over the moratorium.
Among them is a memo detailing how the administration knew the job losses its drilling moratorium would cause and simply chose to ignore them and the people and communities affected.

The July 10 memo shows how Michael Bromwich, new director of the Minerals Management Service, told Salazar that a six-month halt in deep-water drilling would result in "lost direct employment" affecting 9,450 workers and "lost jobs from indirect and induced effects" affecting 13,797 more.

Nevertheless, the blanket moratorium was continued because Interior felt it couldn't trust the offshore oil industry or its own Minerals Management Service.

"Are all airplanes a danger because one was? All oil tankers like Exxon Valdez? All trains? All mines?" Judge Feldman asked in his ruling. The administration's answer still seems to be yes, as offshore oil rigs find their way to other shores, and communities dry up along with the oil business that sustained them.

President Obama, battered by a jobless recovery after a failed stimulus, may have an October surprise, according to Michael McKenna, president of MWR Strategies, an oil industry consulting firm in Washington.

He tells Bloomberg that Obama may agree to an October lifting of the moratorium ahead of a proposed Nov. 30 date, claiming credit for the oil spill cleanup efforts of others while promising the jobs will come back. The moratorium may be lifted, but the jobs won't come back, as new regulations keep remaining rigs idle until perhaps mid-2011.

"Lifting the moratorium is almost unimportant," McKenna said in the interview. "It's how difficult the regulatory regime is going to be afterward. The endgame here is to make it a very, very difficult and time-consuming regulatory process."

These regulations don't apply only to deep-water drilling; they already have affected shallow-water exploration. Only two permits for new shallow-water wells have been approved since new safety regulations were issued June 8, according to the Bureau of Ocean Energy Management, the Interior unit that oversees offshore drilling. The fewest permits issued last year in one month was eight.

As damaging as the Deepwater Horizon disaster was, the administration's actions aren't about drilling safety. They're about drilling not at all and slowing things down until an oil and natural gas industry that supports 9.2 million workers nationwide and generates 7.5% of U.S. gross domestic product withers away.

A recent study by Science Applications International Corp. shows that failure to exploit our domestic and offshore resources will mean $2.3 trillion in lost-opportunity costs over the next two decades.

The American Petroleum Institute estimates that exploiting these resources would generate nearly 160,000 well-paying jobs and $1.7 trillion in federal, state and local revenues, with $1.3 trillion from offshore drilling alone. Now that's a stimulus package.

The jarring part is that, starting with the Gulf moratorium, it will all have been done on purpose.

http://www.investors.com/NewsAndAnalysis/Article.aspx?id=544944

Posted in Government Control Gulf BP Oil Spill Ideology Obama Unemployment with 1 Comment

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The Gulf Oil Crisis Exemplifies Obama’s Failed Leadership

The following time-line video produced by RightChange.com delineates from the beginning of the oil spill, Obama’s unalloyed ineptitude, narcissism, hedonism, dismissive attitude and absence of any leadership capabilities.

Clearly, we need a change in our government starting in November by voting out the Democrats and regaining control of a government “of the people, for the people and by the people.”

If we fail in this endeavor, we will lose our country!

Oil Spill Timeline from RightChange on Vimeo.

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