Obama Calls For More Alaskan Oil Drilling

In his weekly address, President Obama lays out his strategy to continue to expand responsible and safe domestic oil production, leveraging existing authorities as part of his long-term plan to reduce our reliance on foreign oil.

President Obama is directing the Department of the Interior to conduct annual lease sales in Alaska's National Petroleum Reserve -- while respecting sensitive areas, to speed up the evaluation of oil and gas resources in the mid and south Atlantic, and to create new incentives for industry to develop their unused leases both on and offshore. Also, to give companies more time to meet higher safety standard for exploration and drilling, the administration is extending drilling leases in areas of the Gulf of Mexico that were impacted by the temporary moratorium, as well as certain leases off the coast of Alaska. And, he is establishing a new interagency working group to ensure that Arctic development projects meet health, safety and environmental standards.

The past few months, rising gas prices have put an added strain on American families. While there are no quick fixes to the problem, these are steps, along with eliminating taxpayer subsidies for oil companies and rooting out fraud and manipulation in the markets, that are worth taking.

Category:

News & Politics

Tags:

• Obama
• oil
• Alaska
• drill baby drill
• drilling
• BPcares
• BP
• Exxon Valdez

[NanoEmpyrean]

If his Anti-Outsourcing Bill, Public Option, and TaxReform passed: the Dow would be over 14,500 right now, and unemployment would be under 5% by 2012.

We already have local oil. ExxonMobile just uses the middle east as an excuse to jack up their prices.

Oh well, i can't blame my president for voting a bunch of hicks into congress.

[MercuryMorrison1]

Ooop its almost election time...Time to try and make the people temporairly happy.

[puskin82SVK]

look what are humans doing on enviroment by diging for oil, we destroying nature just to keep our machines runing, i have seen presantation of: the truth cost of oil(or something like that), i just hope it is not too late...i am dreaming of our future but my dreams are dark! and it is so simple to stop this madness, just going back to basic - to the nature, to the planet - our home

[netttels]

Ron Paul 2012

[haz464]

we need more oil, stupid greenists and leftists are obstructing economic growth and prosperity for America. They are un-American

[2598129]

@NanoEmpyrean EXXONMOBILE REALLY ?May be,who is buying the GOLD?Exxonmobile?

High oil/gold prices consistent with money supply only.Who does the printing/spending?There is only one country in the world capable of doing that without killing it's own economy fast and this is the US.OIL PRODUCTON is up 300% since y2000 so you can't blame it on China can can you?Peak oil-couldn't be further from reality,it is all BS, wake up people.

[bigyymajesticyy]

and it will be gone

[bigyymajesticyy]

what are we gunna do whenever we go to war with china north korea and other countries that would endorse communism from our enemies and ohhhh wait well be fucked cus they take those corrupted countries of the middle east and south america and we wont have oil cus we fucking drilled in the u.s