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Politics, Politicians, and Current Events Examined

All About the O

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By Korso

Oil, that is–or at least that’s what the nation was expecting from our president’s address from the Oval Office last night.  Predictably, though, the O became all about Obama, and the third and final prong of his strategy to remake the United States in his own image.

With the passage of the stimulus and health care “reform,” he’s already checked two items off the list.  What remains, of course, is Cap and Trade, currently stalled in the Senate–which is where the spill speech comes in.  After rattling off some perfunctory language about rising to this challenge and overcoming that obstacle, Obama cut to the chase and made his pitch to jump start his takeover of the energy sector.  That was to be expected, I suppose–but for him to believe that America, already worn down by a painful recession, would actually welcome  such a message makes me think that the man has no political instincts at all.

In effect, Barack Obama is blaming all of us for this disaster because of our “addiction” to fossil fuels.  To that end, his prescription is “green” energy–but the only way those sources become commercially viable is if we make oil so expensive that it longer makes economic sense to use it.  So to all of you people out there, already hurting from a battered economy and record unemployment, let’s make your lives even harder by deliberately driving up the cost of almost everything you buy!

Call me cynical, but I don’t think that’s what America wanted to hear.

What frosts me even more is how Obama tried to cloak his rationale in outright falsehoods.  Consider this:

“No matter how much we improve our regulation of the industry, drilling for oil these days entails greater risk. After all, oil is a finite resource. . .And that’s part of the reason oil companies are drilling a mile beneath the surface of the ocean – because we’re running out of places to drill on land and in shallow water.”

Relevant point: USGS surveys suggest vast deposits of oil and natural gas within the United States. The problem is that federal regulations have placed a good chunk of it–including untapped reservoirs in shallow waters–off limits to drilling.  That’s one of the reasons BP and other oil companies have moved so far offshore.  I’m sure they’d much rather drill closer, where operations are cheaper, safer and easier to clean up in the event of an accident.  Instead, they have to tap through 5,000 feet of water because the government says so.

But are they ready to accept their share of the blame?  One might as well be waiting for Godot.

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Written by Korso

June 17, 2010 at 10:22 am

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