Day by Day

Thursday, April 09, 2009

Instead of drilling for oil, Obama tilts at windmills

I mean, you didn't really think Obama meant it when he said he would make America oil independent, did you?

"Weaning the U.S. off imported oil by drilling for known reserves off our coasts and under federal lands is a no-cost economic stimulus that would create 160,000 high-paying jobs and generate $1.7 trillion in new tax revenue and royalties. Tapping this resource would stop the flow of U.S. dollars to Middle Eastern sheikdoms, Hugo Chavez’s Venezuelan madhouse and other OPEC outposts of petroleum-fueled global lunacy. But even though a large majority of Americans favor expanding domestic oil and gas production, the Obama administration is literally tilting at windmills instead. "

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