Tag Archives: obama knew

Obama WH knew drilling moratorium would cost 23,000 jobs

Rather than fix their own problems (which, to be fair, predated this administration as well as continued under Obama and Salazar), Obama and his team instead imposed the ban, killing thousands of jobs and setting back the economy of the Gulf by years — literally. The capital equipment needed to produce oil in the Gulf has begun to disperse to foreign waters, thanks to the government’s refusal to allow continued drilling by companies that had nothing to do with Deepwater Horizon. Any new drilling will take years to restart if those rigs float away to other resources, and the capital investment that created today’s rigs may not be as easy to acquire in the wake of the arbitrary nature of Obama’s actions. Continue reading

Posted in America's Energy, America's Freedoms, Cloward and Piven Strategy, Corruption in Government, Elections Politics, Government, Media Corruption, New Media News, Politics, The Economy | Tagged , , , , , , , , | 1 Comment