(CNN) - A senior administration official confirms that President Obama will not be allowing new drilling in the eastern Gulf of Mexico for at least seven years. This is a result of the BP oil spill.
The official said Secretary of the Interior Ken Salazar will hold a call on this news at 1:30pm today.
How to doom the domestic economy?... hmm let's see. Kill the domestic oil industry and gulf coast, and in doing so, negatively effect the auto industry, medical and manufacturing that utilizes oil in their products. Way to go Dummy
Great way to kill jobs.....not that many electoral votes down there.
The lord and master has spoken!! We will not be able to exploit our own natural resources because The Great and Mighty OZbama has spoken. THe arrogance of this guy is astounding!!!
Obama is committing political suicide by doing this. One, the American people while angry about the spill realize that there are hundreds of wells functioning without issue and two, America needs that oil. Overpriced solar and wind power and the disasterous ethanol program will not function as suitable substitutes. In 2 years, Obama will be out because of this.
What a totally misleading headline, even by CNN standards! The directive is only for the eastern Gulf and Altantic areas which were only recently opened up. The traditional drilling areas of the Gulf (including where the BP fiasco was) are still open!
Good! Lord only knows the extent of the damage the GOBP oil spill will have on our eco system.
No oil for us. $25 a gallon gas by 2018.
So much for another source of high paying jobs. Diamond Offshore Drilling and all the major other outfits that pay big money have already moved their rigs out of the Gulf. They will be spending all their money in the middle east and South America.
Not really a problem. It will change back in 2 years.
Well, that is a mixed bag. Drilling there does provide jobs that people need. It does fuel our need for fossil fuels that we need to cut down. That long might be too much.
This is the reason the failed president MUST be impeached or voted out of office in 2012, as he is destroying America.
the talk of it not passing is not realistic. There are some things, such as stopping oil drilling, that the President can mandate without going through congress. This is part of his executive powers granted in the constitution.
Your AWESOME president at work again............
Are these people that stupid? Let's send our money overseas to the Middle East where it will be paid to fundamentalist Islamic sects who will commit terrorist acts against American interests and send continue to send the rest to pay for goods made in China and watch American jobs disappear. While I am a firm believer in environmental causes, the best way to reduce our dependency on oil is to use it all up.
While the BP oil spill may cause untold damage to the gulf ecosystem (and we won't have tasty gulf shrimp to eat), pretending that it is the only cause of damage (look at farm runoff through the Mississippi Delta and the dead zone that has caused) is the height of idiocy. We can engage and do egage in industrial activity everyday without significant environmental damage, we just need to be smarter about how our government oversees those activities.
Sweet! Now hopefully fuel prices skyrocket so only the wealthy can afford it and the rest of us can go back to using horse and buggy. Won't that be swell? Oh and all those foreign companies around the world that wants to drill there instead can, just as long as we handicap ourselves on drilling.
This does not have anything to do with drilling off the coast of Louisiana. This involves opening up drilling off the coast of Florida. Then again, the approval of permits and implementation of new regulations by the BOEM has been so slow that there is still a unofficial moratorium in place.
keeping his boot on the necks on american employers....nice......thanks doofus.
Ok... this is just FAR too activist-minded. SEVEN YEARS! Is he trying to put all of LA on welfare? They could survive a year, or two tops, but SEVEN??????? Why do I have a feeling that state just joined CA and IL as a future bailout recipient? lol-Ok, maybe not that bad, but this is still atrocious progressive policy.
And with that news flash, the refined gas market is up almost 8 cents today. That is 80 cents per 10 gallon fill up at your local gas station times how many millons of cars that are doing that today. Thanks Odumbo, you are a true idiot.
Well at least the OIL companies are happy.
I guess this Obozo's payback to Jindal for criticizing him in his new book! Now we'll all have to buy those Government Motors produced electric cars that aren't all electric.
As gasoline is now over $3/gal for regular and probably close to $4/gal in places. So where are all the leftist looney tunes screaming about the high cost of gas and oil like they did when Bush was in office? I suppose you morons think this is good news for a country with 9.6% unemployment (MUCH HIGHER in many places) , a stagnant economy and a massive (and now GRWOING) dependence on foreign oil.
We need a recall amendment for the office of President! This fool would be out of there in a flash. We may not make it to 2012 at this rate. Obozo has gone into maximuim destruction mode.
I have to say it is sad for the state of Louisiana as it is getting pulverized. As an independent oil & gas businessman the last five years have been unreal and my income will continue to rise with moronic decisions like this one. You realize in the late 90's and early 2000 oil was in the 20's (its $85 today). We take huge risks and it pays off sometimes but having a President as inept as our current leader is only hurting Americans and hamstrining the economy with these high prices.
We all know that policy will change in 2012.
Hey Faux President.....I can't think of a better way to cut another 200,000 jobs! Way to go! What country do you have an allegiance to????? Disgusting, naive, stupid and corrupt. Can't wait until Novemer 2012!
No, we need this. The oil company didn't take the necessary measures to prevent this oil spill from happening, nor did they move swiftly enough to stop it. They didn't even accept volunteers to help clean up the mess! Now the environment is suffering because of it.
So what if the people who worked at BP don't have their big paying job? I'm sure they have skills that will be useful elsewhere. Sadly, the fishermen who depended on the gulf as their way of life can't say the same.
Oh and to all you people blaming Obama for the economy, just remember he's gotta fix eight years worth of Bush Jr.'s ignorance.
Hello? It says "Eastern" Gulf of Mexico...there is also a "Western" Gulf of Mexico and I didn't read anything about it being closed. Plus we all know that the oil is smart enough not to cross that line (between East and West) if it gets loose.