Friday, February 18, 2011

ENERGY: "The Obama administration's policy is study forever, drill never."

Editorial
Investor's Business Daily
February 17, 2011

Energy: The brightest hope for America's energy independence has been shut down by an Interior Department that says it wants to review the rules for leases. It really wants to kill off oil altogether.
The game is this: Say that you want to find domestic oil and gas in a "smart" way, so you have to study things for a while.

Then let enviros tie you up in court to block what you really don't want to do anyway, increase America's supply of domestic energy, keeping jobs and money here.

On Tuesday, Interior Secretary Ken Salazar announced that the Obama administration is going to take a "fresh look" at oil shale leasing rules put forward in 2008 by President George W. Bush to develop oil-rich land in Colorado, Utah and Wyoming.

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