March 13, 2011

While Bill Clinton Says ‘Drill Baby Drill,’ Obama’s Presser Is ‘A Melange of Deceptive Facts and Useless Proposals’

Filed under: Economy,Environment,Taxes & Government — Tom @ 8:29 am

In July 2008, in recognizing the beginning of the POR (Pelosi-Obama-Reid) Economy a short time earlier, I observed that the Democratic Party under Nancy Pelosi, Harry Reid, and soon-to-be presidential nominee Barack Obama seemed bound and determined to starve the economy of the fossil-fuel resources it needs to function.

Almost three years later, even ARIFPOTUS (Accused Rapist and Impeached Former President Of The United States) Bill Clinton (HT Doug Powers at Michelle Malkin’s place), no long-term friend of a free market in energy, can’t handle the Obama administration’s current level of fossil fuel hostility (bolds are mine throughout this post):

Former President Bill Clinton said Friday that delays in offshore oil and gas drilling permits are “ridiculous” at a time when the economy is still rebuilding, according to attendees at the IHS CERAWeek conference.

Clinton spoke on a panel with former President George W. Bush that was closed to the media.

… But according to multiple people in the room, Clinton, surprisingly, agreed with Bush on many oil and gas issues, including criticism of delays in permitting offshore since last year’s Gulf of Mexico spill.

“Bush said all the things you’d expect him to say” on oil and gas issues, said Jim Noe, senior vice president at Hercules Offshore and executive director of the pro-drilling Shallow Water Energy Security Coalition. But Clinton added, “You’d be surprised to know that I agree with all that,” according to Noe and others in the room.

Clinton said there are “ridiculous delays in permitting when our economy doesn’t need it,” according to Noe and others.

“That was the most surprising thing they said,” Noe said.

The two former presidents both generally agreed on the need to get offshore drilling workers back on the job.

Clinton and Bush also agreed on the need for more domestic shale gas production, with Clinton noting that it has been done safely for years in his home state of Arkansas.

Meanwhile, Investors Business Daily’s editorialists were appropriately unimpressed with President Obama’s news conference comments on the topic:

President Obama’s news conference on oil prices turned out to be a melange of deceptive facts and useless proposals, all pointing to a lack of interest in serious solutions.

… Trying to assuage the public, he noted that U.S. energy production has increased on his watch. But industry sources say that’s mainly due to leases issued years ago.

Meanwhile, oil production on federal land and waters is 16% less than what was projected four years ago, according to the Energy Information Administration.

Of course, the president made no mention of production shutdowns in the eastern Gulf of Mexico and off the Atlantic and Pacific coasts. And don’t even ask about Alaska, where Obama revoked permits for offshore leases already issued.

As a result, Gulf of Mexico production will fall by 15% this year and 26% in 2012 from the peak in 2010, according to the Energy Information Agency.

Disparaging the “drill, baby, drill” mantra, Obama implied that new production efforts are futile by repeating the oft-heard canard that the U.S. has only 2%, or 19 billion barrels, of the world’s crude but consumes 25%.

Leaving aside the fact that the U.S. accounts for 26% of global economic output, the Congressional Research Service says it has 17%, or 164 billion barrels, of world petroleum reserves — not including another 1 trillion barrels that could come from shale.

What enables Obama to claim higher production is that higher prices have enabled producers to reopen old wells and drill in otherwise unprofitable locales.

… As for investigations into price speculation, we count at least 35 federal probes that have come up dry.

If the administration really wanted a sustained economic recovery, it wouldn’t be continually making decisions that place its bogus vision of environmental purity ahead of jobs and commerce. But it is doing just that, which gives legitimacy to the belief that Team Obama really doesn’t care.

Positivity: Wigan man overcame fears to become unlikely hero of Christchurch earthquake rescue effort

Filed under: Positivity — Tom @ 6:58 am

From Wigan, Greater Manchester, UK and Christchurch, New Zealand:

A claustrophobic construction worker from Greater Manchester has been hailed a hero after rescuing six people in the New Zealand earthquake.

Carl Stockton, who is originally from Wigan, spent 10 hours smashing through rubble to drag four survivors to safety after Tuesday’s disaster. And he wriggled through a collapsed building to reach two more people trapped inside.

Now the 43-year-old builder, who emigrated five years ago, has now been invited to the wedding of one of the women he rescued.

Volunteer rescuer Carl was in the nearby town of Rangoria when the earthquake struck the neighbouring city of Christchurch.

Hearing people were trapped inside buildings, the dad-of-two jumped on a motorbike and raced to the city to offer his services.

Carl said: “The adrenaline kicked in and I went on to autopilot. I was swinging that hammer like a madman. As soon as I heard the voices I just wanted to dig and dig.

“And when I pulled them out it was the best feeling in the world.”

His efforts were captured on New Zealand television, and national station TV3 interviewed him live on air.

His proud mum Shirley, 70, back in Wigan, paid tribute to her hero son and revealed how he had conquered his own claustrophobia to save others.

She said: “That’s just what Carl is like. He goes straight at a problem and would help anyone in trouble.

“I was in tears when he told me he was under the rubble pulling out bodies. He suffers from claustrophobia and must have been terrified.

“All he said was that it was very scary but that it was a fantastic feeling to pull someone out alive. To pull out six is incredible.” …

Go here for the rest of the story.