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Why is Obama not changing oil policy?
•Obama refused, until two months ago, to impose tough sanctions on Iran, increasing the likelihood of an Israeli attack. Already, speculation that such a strike might be in the offing is driving up oil prices.
•His anti-Israeli policies have diminished that nation’s confidence that it can rely on the United States to handle Iranian nuclear ambitions.
•The president’s veto of the Keystone pipeline and his refusal to drill in Alaska’s Arctic National Wildlife Refuge makes it crystal-clear to voters that there will be no relief coming from the north.
•His stubborn refusal to issue deep-water drilling permits despite having officially lifted the moratorium he imposed after the BP spill is costing us hundreds of thousands of daily barrels in domestic production.
•His relentless crusade against oil company tax privileges undermines our ability to explore, drill and produce oil.
As gas prices rise, President Obama owns them. His public stands against oil drilling are coming back to haunt him. After his approval ratings peaked at 50 percent, Rasmussen and Gallup both have him back in the mid-40s.
8 Answers
- 9 years agoFavorite Answer
He has changed oil policy.
It seems lost on the United States' crackpot reactionaries that oil is a finite resource. No matter whose projection one studies, we WILL run out. Developing alternative energy sources NOW is a massive priority, or the crash which comes 20-50 years from now will result in a level of destruction previously unknown in recorded history, literally a descent into a dark age. And this applies to ALL fossil fuels.
It isn't in the immediate interest of oil tycoons like BP and the Koch brothers to pursue those engineering avenues, and so, massively financed, the propaganda machine of the lunatic ultra-right has decided to engineer more phony baloney and manufacture more illogical, demented "straw men" for their purely mercenary, psychopath "pundits" to spew upon.
Your entire spectrum of weird fallacies and distorted ranting is at once specious, irrelevant, and immaterial.
Moreover, in terms of pump price on any given day, only the oil industry itself determines the retail level. Government has very little to do with the entire issue, at any level. Also, of course, the fact that the industry has chosen to export massive amounts of petroleum products rather than meet domestic needs should tell you where their genuine interests lie.
Never in all of the last 120 years or so have new drilling projects actually reduced prices at the pump. Why you think these other factors would change that I do not know.
Apparently, hearing the madness issuing from cheap broadcast pundits, you have determined that the most corrupt and devious businessmen on the planet need to further enrich themselves, no matter what the long-term costs. That, of course, is precisely what the Koch brothers wanted you to spew.
The "culprit" in rising fuel prices is a pair of villains: The scam artists who increase them, and the fools who will pay them FOREVER, and not understand why.
- 9 years ago
Tough sanctions on Iran? You don't think the US and UN had tough sanctions on Iran since Carter and Reagan? Have you read a newspaper in 32 years?
What anti-israel policy - name ONE.
He vetoed a pipeline that doesn't have a route yet. He also vetoed government spending on the oil industry - Socialism.
Actually industry estimates are at tens of thousand per day, which have been more than off set by the INCREASE in production by 120,000 Barrels a day.
I thought you guys were against the government picking winners and losers in the energy industry - tax privileges (taxation should be "fair").
Obama's approval ratings have been steadily climbing since October of 2011.
When you say one thing that is that isn't a TOTAL LIE, come back.
- Morey000Lv 79 years ago
1. It appears the tough sanctions on Iran made the problem worse. Perhaps he shouldn't have bowed to pressure from the uneducated right wing.
2. Keystone pipeline, had he approved it, wouldn't have made a penny difference in today's oil prices.
3. we use 20M barrells of oil a day. A few drilling permits (which wouldn't be producing yet anyway), wouldn't have made a 1 cent difference in the price today.
4. Oil companies have tax breaks to the tune of $20B/yr. Oil companies are intensely profitable businesses that spend more on washington lobbyiests than on taxes (true!). Obama is right to fight this (unsuccessfully so far), and once again- it's not correlated to the price of gas.
your logic is just dead wrong. The reason why prices have gone up is due partially to speculation and instability (what, you want us to bomb Iran to get oil prices to fall?), and mostly because the oil rich nations- which are primarily autocracies, have promised so much to their people that they need to keep the prices high in order to fulfill their political pledges. Russia, Qatar, Venezuela, Saudi, and yes, Iran.
typical - uneducated, uninformed, partisan positioning. you have no idea how wacko you are- do you?
- Anonymous9 years ago
The first 2 seemed to deal with foreign policy more than oil policy.
Anyway, I live in Florida and have seen the effects of the oil spill by BP with my own eyes. I feel no love lost with the diminishing count of offshore oil drilling permits.
Obama is exploring alternative forms of fuel, such as solar and wind energy. He created 1,000,000 jobs in the clean energy field over his term. That relates back to why he is putting less effort into oil production. There are many reasons on top of this.
And believe it or not the main export here is fuel (oil), along with fast food and grain. If you want someone to blame, blame the companies themselves. They are the ones making record profits.
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- hironymusLv 79 years ago
Why would he change his oil policy. The price is going up and up, exactly what he wants it to do. Maybe somebody should explain to him in simple words and pictures that this country can NOT operate without affordable oil and this will not change anytime soon. Green energy is all well and good, until we actually can produce any that will meet more than 10% of what we need oil is it.
- JohnLv 59 years ago
I completely agree with his oil policies, changing them wont do anything but cause more problems
- Anonymous9 years ago
it hasn't been 3 months or 3000 miles yet?
- Anonymous9 years ago
Obama can't change his UNDERWEAR!