Cry treason! For that is what it is

Oil Drilling Moratorium is an Act of Treason

By Alan Caruba
Thursday, December 2, 2010

If you had any doubt that Barack Obama’s agenda is to destroy the United States of America, but still want more proof, I offer you the announcement that his administration will not provide any offshore oil leases in the eastern Gulf of Mexico, Pacific, or Atlantic coasts…for at least seven years! http://www.politico.com/news/stories/1210/45803.html

In October, a study by the Maguire Energy Institute at Southern Methodist University concluded that the reduction of shallow water oil drilling permits that followed the BP oil spill would put as many as 40,000 jobs at risk and cost the region $4.3 billion in lost wages and revenues.

At the same time, a consortium of foreign oil companies led by the Spanish firm, Repsol, working with India’s state-run Oil & Natural Gas Company and Norway’s StatoilHydro are exploring for oil off the coast of Cuba where drilling in its waters will proceed even while American and other oil companies will be denied access to vast reserves off the coasts of all of the Gulf States.

From Alaska to Florida, offshore of California or any of the East Coast States, Obama is destroying America’s energy future in the same fashion his administration has done everything in its power to shut down the nation’s coal mining industry.

Here are the statistics that demonstrate how dependent we are on fossil fuels: In total they provide 84.9% of the energy Americans use. Of that, coal provides 22.4% and oil represents 39.2%, while natural gas accounts for 23.2%. Other energy sources include nuclear power at 8.3%, hydroelectric at 2.4% and the least efficient and dependable, wind at 0.3% and solar at 0.08%. (Data source: the Institute for Energy Research)
http://www.instituteforenergyresearch.org/

President Obama has made his intentions to bankrupt the coal industry clear
In March, Gov. Joe Manchin of West Virginia, a Democrat, said, “President Obama has made his intentions to bankrupt the coal industry clear. EPA’s actions this week demonstrate that he will wage a war against the energy source that generates half of America’s electricity and is our nation’s most abundant, reliable, and affordable energy sources.â€