Thursday, July 8, 2010


Regardless of the law the imperial President will have his way. Drilling will be halted, the platforms will move away and America will lose its oil supply.

Of course Petrobras in Brazil, the company in which George Soros is heavily invested, will probably get the platforms and drill deeper than anything so far attempted in the Gulf. And Mr. Soros and his friends on the left will not only profit but will also gain more control over the worlds energy supplies.

It's funny how things work sometimes.

"The Obama administration lost its court bid to maintain a six-month moratorium on offshore deepwater drilling which a federal judge ordered lifted last month.
The Fifth Circuit Court of Appeals denied the government's emergency request to stay that judge's order pending appeal.

The motion was denied because the government failed to show "a likelihood of irreparable injury if the stay is not granted," the appeals panel judges wrote in a 2-1 ruling.

The government also "made no showing that there is any likelihood that drilling activities will be resumed pending appeal."

Interior Secretary Ken Salazar has said he will soon issue a new order to block deepwater drilling regardless of how the court ruled and oil companies have not resumed drilling due to the legal uncertainties.

...Lawyers representing the oil companies argued that the government is overreaching and that the moratorium has already caused irreparable economic harm.

"The problem with the moratorium is it's a one size fits all mechanism: the industry leader is treated the same way as the industry laggard," said John Cooney, an attorney representing Hornbeck Offshore Services.

"They are all frozen into limbo for an extended period of time. There is no way any one operator can come into compliance with the safety measures that are put out by the government and then resume operations."

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  1. If America will lose its oil supply because of Obama's stubbornness, many Americans will suffer economically. Definitely, there will be consequences from his decisions and actions. How long will he make his constituents suffer?

  2. I'd say just about as long as it takes for us to accept government control of every aspect of our lives. When we are willing to surrender our freedom to a world government then Soros and the boys, including our President, will have what they want.