Interior Dept pushes the timeline for fracking rules into 2013
posted at 7:21 pm on December 11, 2012 by Erika Johnsen
The Interior Department on Tuesday announced that they’re going to scrap their plans to finalize regulations that would impose further top-down controls on hydraulic fracturing by the end of this year. Perhaps it’s just another case of a wildly inefficient, delay-prone, bungling bureaucracy taking its sweet time, but I’d wager this is a sign of an Obama administration still conflicted about how to handle the potentially pending natural-gas bonanza.
“In order to ensure that the 170,000 comments received are properly analyzed, the Bureau of Land Management expects action on the [hydraulic fracturing] proposal in the new year,” Interior spokesman Blake Androff said.
In May Interior floated draft rules that would force drillers, when operating on federal lands, to disclose chemicals used when employing the method dubbed “fracking.” Interior officials had previously said they that planned to complete the rules by the end of 2012. …
The proposed rules for federal lands have faced heavy criticism from industry groups and some Republicans, who say state oversight is sufficient.
I wondered over the weekend whether President Obama will decide to take full advantage of the abundant natural resources American companies are clamoring to tap, as the subsequent private sector jobs-and-wealth creation would provide a means to cover for his economic ineptitude, or if he’s going to throw bones to the green lobby & friends — but I’m not sure even they know what they’re going to do yet, and they seem plenty willing to stall.
On a semi-related note, another indicator on the direction of Obama’s coming climate-and-energy policies could come in the form of who he finally decides to nominate as Hillary Clinton’s successor as secretary of State. We all know about the Susan Rice-drama, but her reported rival for the post, Sen. John Kerry, has been mighty vocal about so-called climate issues throughout his political career, and his appointment might mean President Obama is ready to go full-on environmental-globalist. We shall see:
If Sen. John Kerry becomes the next secretary of State or Defense, he will likely raise climate change to a top-tier priority in either agency. …
“No senator since Al Gore knows as much about the science and diplomacy of climate change as Kerry,” said David Goldwyn, an international energy consultant who served as Clinton’s special envoy and coordinator for international energy affairs. “He would not only put climate change in the top five issues he raises with every country, but he would probably rethink our entire diplomatic approach to the issue.”
Kerry could also have a strong impact on climate policy as Defense secretary given the Pentagon’s emergence as a leading force in the Obama administration on energy and climate issues.
[I]n an impassioned Senate floor speech in August, Kerry compared the threat of climate change to the threat of war. “I believe that the situation we face [with climate change] is as dangerous as any of the sort of real crises that we talk about” in Iran, Syria, and other world trouble spots, he said.
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Only solution to this for Dems and RINOs, for tax ‘expenditures’ –
Tax Ireland!
Liam on May 21, 2013 at 8:03 PM
Shouldn’t O’bama be able to talk to some of his relatives over there and sort things out?
rightmind on May 21, 2013 at 8:09 PM
That is called “competition’. Something Obama understands about as well as he spells or pronounces common words.
pat on May 21, 2013 at 8:10 PM
Abolish the corporate tax. It isn’t even close to being worth having. Just make dividends part of income.
Count to 10 on May 21, 2013 at 8:11 PM
Don’t touch the Guinness…
d1carter on May 21, 2013 at 8:11 PM
Tax it like hell!
It’s costing American liberals spending money.
What are you — anti-American?
I bet you’d shoot a guy you might catch raping a woman, without knowing his circumstances and how he feels.
Liam on May 21, 2013 at 8:15 PM
Since some of my companies do business offshore, I am as guilty as Apple, albeit on a comparatively infinitesimal scale, in setting up Irish holding companies that place company funds in American banks and other American-based financial vehicles. All perfectly legal.
Why, because I don’t wish to pay a single penny more in taxes, no matter to which government that’s involved. Why does Apple do it or, for that matter, any other huge publicly traded entity do it? Well, if they didn’t, they’d be open to shareholder suits for “wasting corporate assets” or shareholder “Change of Management” proxy fights at their next annual meeting, which would be prosecuted by some multi-billion dollar investment fund holders.
A publicly held company has a lot more scrutiny, due to its board’s fiduciary duty to shareholders, than does a simple, greedy bastard like me.
TXUS on May 21, 2013 at 8:18 PM
lol, He was just socially awkward and didn’t know how to ask politely.
arnold ziffel on May 21, 2013 at 8:19 PM
I hope you get filthy rich.
And never hire liberals.
Liam on May 21, 2013 at 8:19 PM
I love to mention this sort of stuff to my Apple using lib friends.
How Apple uses foreign labor (toss in exploit for extra effect) and minimizes their tax exposure thru perfectly legal means.
Fun to watch them squirm.
Hill60 on May 21, 2013 at 8:20 PM
Ban St Patrick’s Day parades !!
burrata on May 21, 2013 at 8:20 PM
Kill a rapist, offend a liberal.
Liam on May 21, 2013 at 8:21 PM
No! We can’t do THAT!
Tax it instead! See — a level playing field.
Liam on May 21, 2013 at 8:23 PM
If following the law to avoid paying taxes is wrong, can we impeach Obama on the fact that he claimed deductions on his 1040?
malclave on May 21, 2013 at 8:27 PM
That’s funny. When Clinton made one of his returns public years ago, he wrote off his used undershorts at $2.50 each.
I don’t file a long form any more. But when I did, I never claimed my charitable donations. What I return to God does not leave me room to try getting back a piece of it.
Liam on May 21, 2013 at 8:31 PM
I’d like to travel back into the past and bitchslap everyone involved in setting up LoN/UN
dmacleo on May 21, 2013 at 8:33 PM
Well, when your choice is paying the Irish 12.5% on offshore earnings vs. the IRS’s 35% on same, almost three times as much, this Texan’s ready to share a pint and a “top ‘o the mornin’ to ye.”
TXUS on May 21, 2013 at 8:33 PM
Great !
Now let them try to tax Cinco de Mayo parade ,
you know for a level playing field !!
burrata on May 21, 2013 at 8:33 PM
Long as ye buy the first pint, we celebrate!
Liam on May 21, 2013 at 8:35 PM
That would be racist, man. What is wrong with you?
The Irish aren’t a minority.
Why do I hang out with you people? /
Liam on May 21, 2013 at 8:37 PM
Nigh a problem, William. I’ll buy the pints, you bring the lassies.
TXUS on May 21, 2013 at 8:47 PM
Deal!
I have a thing for redheads. That okay there?
Liam on May 21, 2013 at 8:49 PM
Éirinn go Brách (or for my English friends, Erin go Bragh)
IrishEyes on May 21, 2013 at 8:52 PM
From an American of Scot lineage: Ciamar a tha thu?
Liam on May 21, 2013 at 8:55 PM
Tax Bono.
Ronnie on May 21, 2013 at 8:55 PM
That’s one way of looking at it, the other way of looking at it, is that by claiming the deduction, it provides more to give. i.e, if you are in the 28% bracket, if you don’t take the deduction, for every dollar you donate, you have to earn $1.39.
AZfederalist on May 21, 2013 at 8:57 PM
+1000
Out his a$$!
He’s nothing but an international panhandler in a Bond Street suit.
Liam on May 21, 2013 at 8:58 PM
I’m no longer in position to itemize. But I have a personal religious view. I worked from there.
Liam on May 21, 2013 at 9:01 PM
I do, too. If I get $100 bill from a bank (I hate $100 bills) I put it in the first charity box I see, wrapped in a $1. We’re not rich, rich. We just have a little breathing room. My philosophy is good deeds don’t count if you tell someone or claim it as a deduction. My accountant hates me… lol.
Fallon on May 21, 2013 at 9:06 PM
I’m of the view, as according to Scripture, that for what we do in private with the Lord, He will reward us openly.
I believe as you do.
Liam on May 21, 2013 at 9:10 PM
Everybody needs to do what their conscience tells them. I think where one would get off track is if one were to give because it is tax deducttible.
AZfederalist on May 21, 2013 at 9:10 PM
… as far as giving without publicizing it; up until this week, I was under the impression that my charitable donations were completely private and that the IRS would keep those records private.
AZfederalist on May 21, 2013 at 9:13 PM
THAT describes a liberal.
Liam on May 21, 2013 at 9:13 PM
Think about it — Bill Clinton deducted from his $2.50 a pair for his ‘donated undershorts, and we’re expected to think he’s somehow a ‘nice guy’?
Liam on May 21, 2013 at 9:18 PM
I’m in a bad mood all day.
Give me a troll to chew on.
Liam on May 21, 2013 at 9:21 PM
We do a lot of things wrong in Ireland
but the corporate tax rate was one of the things we did right
now the eurocrats want to take it away
breffnian on May 21, 2013 at 9:29 PM
Apple: “Hey Ireland how about a low tax rate?”
Ireland: Brilliant!
Apple: Brilliant!
BKennedy on May 21, 2013 at 9:56 PM
Good. That’s my only problem with Apple doing this; that they are a bunch of hypocritical progs.
As to declaring taxes, I’ve considered the doing in private aspect, and really respect those who chose that route, but when I consider all the pure evil the government does with my tax dollar, I chose to keep as much out of their wicked hands as legally possible. I still fear it won’t be enough to wash me of the guilt I have in continuing to fund that evil.
pannw on May 21, 2013 at 10:31 PM
The proggie lib hears only “misses out on … tax revenue” and says, “That’s not fair! You’re not paying your fair share!”
When asked about the jobs, the proggie lib responds indignantly, “Well, since you won’t give EVERYONE a well-paying programmer or executive job, then THAT’S NOT FAIR either!”
When told life isn’t fair, the proggie lib snarls, “Once the government controls everything, IT WILL BE!”
Marcola on May 22, 2013 at 12:26 AM
Letting too many snakes onto the Emerald Isle in P.C. stupidity.
O’Sharia.
profitsbeard on May 22, 2013 at 3:49 AM
Say there wasn’t anyone on that panel that has a rich heiress wife that shelters her NINE-figure fortune in a Trust, is there?
Cough-Cindy-Cough-McCain…
Tekov Yahoser on May 22, 2013 at 4:57 AM
I guess the Senate Democrats figured they’d found a pot o’ gold.
Odysseus on May 22, 2013 at 7:27 AM
The nerve of those Irish.
Not taxing everyone that wants to do business in their country over 50%. To not support their ruling elite with well earned compensation and benefits such as “seperate but equal” healthcare, pensions/social security, immunity from tax and regulations as well as most non felonious law.
They are obviously infidels and heathens unworthy of our fearless leaders support.
acyl72 on May 22, 2013 at 7:31 AM