No Offshore Oil Drilling for the USA; But let’s Pay Brazil to Drill?
posted at 9:11 am on August 18, 2009 by coldwarrior
This morning’s Wall Street Journal tells us the Obama Administration is considering sending billions of dollars to Brazil to drill for oil….offshore…within miles of Rio. Yet, we can’t open up offshore drilling here, in America? “Drill here, drill now” has been replaced with “Drill there…soon as you can…and we’ll help pay for it?”
“The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.”
So, let me get this straight…we are going to underwrite Brazil’s offshore oil extraction while at the same time not allow new offshore oil drilling off coastal America? Brazil will realize a fortune, while we are going to become more dependent on foreign oil imports?
By freezing offshore drilling here in the US, we are allowing for no transition capability. The gurus of the Obama Administration seem to believe that we can jump from “dirty” energy to “clean” energy overnight?
The usual suspects appear to have this notion that if only we’d all use clean energy, all of our energy problems would be solved?
Those wonderful new clean energy schemes are decades away from replacing even a tenth of our energy requirements today. Decades from now, no one knows what our energy requirements might be. Thus, for all the fanfare about clean energy, under the Obama rubric, we may be less energy independent in 2020 or 2030 than we are now.
But, Brazil, China, Russia, and others can drill in the Western Hemisphere at will, and in Brazil’s case, on our dime?
We have known oil and coal resources in the United States that could easily fuel America, and fuel that critical energy transition period, well past 2050. Yet, we are prevented from fully using any of these resources nor seek and exploit new sources?
It is also significant that James Jones was doing the talking. Obama didn’t send an energy expert, nor a foreign policy expert nor anyone with U.S. Export-Import Bank experience…but a national security official.
Well, at least the Obama Administration got it partially correct…energy, our being able to use our own resources here, independent of the despots and oligarchs abroad, is a national security issue.
…and one that must not be ignored…nor willfully hidden.
And then there is that one “clean” energy resource the Obama Administration has effectively killed for the present…by shutting down Yucca Mountain. The Obama-Reid coalition have placed a huge roadblock to any expansion of nuclear energy. Thus, in Obama-speak, we’d like to use nuclear energy more, but unless we can find totally clean and safe nuclear energy we’d best not use it at all. Having a safe place for long-term storage of nuclear waste until processes can be expanded to burn it, vaporize it, otherwise render it harmless have been stopped..by the Obama Administration.
Gee, Mom, I’d love to pick you up at the Old Folks Home, take you for a drive along the shore, but I decided to wreck my car, so have fun playing solitaire instead. But, I love ya, Mom.
While most of America is focused on Health Care…out of sight of most Americans, the Obama Administration’s energy policies are pushing us faster and faster to near total energy dependency instead of energy independence…becoming entirely dependent on other nations who understand the real world a lot better than the current crew in Washington.