Soros Wins Under Obama's Energy Policies

Are Barack Obama's energy policies influenced by hedge fund billionaire and political patron, George Soros?

Abby Wisse Schacter, in the New York Post, notes that the Obama administration is clamping down on oil and gas development in America (both onshore and offshore) but is hell-bent on helping other nation's tap their resources and points out that such help is being showered specifically in New Guinea, of all places.

It is starting to look obvious that the administration doesn't want oil exploration and extraction at home while it is promoting the same exploration and extraction elsewhere -- specifically Brazil and New Guinea. "The Bureau of Ocean Management, Regulation, and Enforcement (BOEMRE) has assigned only six drilling engineers to process all permit applications pending in the Gulf of Mexico. While Michael Bromwich bemoans a lack of the staff necessary to speed up the process, he's sending his staffers to Papua New Guinea to advise its officials on ways to develop the country's offshore drilling infrastructure. A significant portion of the agency's budget is covered by fees, royalties, taxes, and rents from energy production, so curtailing drilling closes off cash flow too.

http://visiontoamerica.org/story/soros- ... icies.html

Yep Obama helping his rich supporters get even richer...sounds like the accusations against Bush but no liberals dare to point out the hypocricy.

Do you mean to say that Obama is more Bushian than Bush!!!!!!!!!!

Wow, sometimes I wonder where to begin......

Renewable efforts will continue to move forward, but will continue to hampered by two limiting factors. Alternative energy sources (like wind) are still not economically feasible which is why they have been subsidized (by the way, thank Bush for extending those subsidies a few years back), and they do not provide a viable alternative to a constant on-demand energy sources such as coal or gas-fired plants.

If you are so concerned about burning coal, perhaps you'd like to address the problems with Germany and their use of lignite coal?

As for China, they'll do what they want and will not compromise their economy based on the belief of some people that carbon is a pollutant.

Regarding Obama, isn't it strange that General Electric pays no corporate tax and their CEO Jeffery Immelt was appointed to the Economic Advisory Board by our President?

We have noted this double standard before, particularly when — at a time when the president was railing against tax incentives for U.S. oil companies — we supported the U.S. Export-Import Bank's plan to lend $2 billion to Brazil's state-run Petrobras with the promise of more to follow.

Now, with a seven-year offshore drilling ban in effect off of both coasts, on Alaska's continental shelf and in much of the Gulf of Mexico — and a de facto moratorium covering the rest — Obama tells the Brazilians:

"We want to help you with the technology and support to develop these oil reserves safely. And when you're ready to start selling, we want to be one of your best customers."

Hey Armchair, I think you're right....if Satan had an R next to his name I would vote for him if it meant Obama would lose the White House.

rofllol rofllol rofllol rofllol
http://visiontoamerica.org/story/obama- ... drill.html


FYI: WIND ENERGY is a farce. 70% of all wind energy is produced at night.

residenttroll wrote: FYI: WIND ENERGY is a farce. 70% of all wind energy is produced at night.

I dunno, there is quite a bit of hot air on this forum from 6:00 AM through 7:00 PM.
(Mine included)

For those of you who think we are anywhere near being able to wean ourselves off of coal, oil, and nuclear, please enlighten me as to how it could possibly be done. And remember the pricetag and our debt.