Obama announces steps to speed oil production

Obama announces steps to speed oil production

By we are stardust on Sat, 05/14/2011 - 10:29am |

...even though it's clear it won't affect prices at the pump. He'll open the strategic oil reserve in Alaska, extend leases in the Gulf for a year, fast-track studies, etc.

Some articles about it hasten to point out that it's far short of what House Republicans have voted for already... It's election season.

URL:

http://www.msnbc.msn.com/id/43032162/ns/politics-white_house/

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I have to keep reminding myself of the giant oil spill last year.

http://news.yahoo.com/s/ac/20110419/us_ac/8322745_gulf_oil_spill_timeline

The people and the flora and the fauna hurt by this disaster seem to have been forgotten as far as MSM.

Of course the repubs pretend it never happened. And of course, they must lie about how Americans would save a buck or more a gallon by legislating complete deregulation of the industry.

by Richard Day on Sat, 05/14/2011 - 11:51am

Antonia Juhasz has a new book out about how awful it all is. She was the most assiduous at reporting on the jostling for Iraqi oil contracts back in the day.

MSM has a very short attention span; we don't hear anything about Iraq unless it's a mention of a car bomb killing X people; pretty cynical, as Malaki has closed out foreign journalists, and there are plenty of people being killed in protests: we hear almost nothing, so we can pretend Obama has brought the 100,000 troops home.

by we are stardust on Sat, 05/14/2011 - 12:17pm

Meanwhile an Exxon exec admits to Congress that Oil should be at $60-$70 bbl based on supply and demand. Follow the money.

by miguelitoh2o on Sat, 05/14/2011 - 12:29pm

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