President Obama must really be feeling the heat of high gas prices. He is on the defense.
For the past three years, America’s oil industry has endured public denigration, access denials, and permitting delays—all while the President touts the virtues of energy sources not equipped to power America: wind, solar, and, most recently, algae. As gas prices have been spiking up, President Obama has been speaking out against the evil oil companies and accusing them of obscene profits. Apparently, Americans haven’t been buying into the rhetoric. Polls show increasing numbers of people believe the President’s policies have contributed to the high prices.
Late last week, the American public was offered more evidence that President Obama’s energy policy is really more electoral posturing. Friday afternoon, March 16, an energy tour was announced that would “highlight his Administration’s all of the above energy strategy, including his focus on continuing to expand responsible oil and gas development…” Visiting only swing states, his fossil fuel infatuation tour included a trip to the oil fields of Southeastern New Mexico—where the pending decision regarding listing the sand dune lizard as an endangered species could kill the entire economy in that corner of the state.
With little notice, locals scrambled to put together a rally to greet the President when he touched down. Oil companies, ranchers, local businesses, and politicians sent out alerts—plans were underway. The original press release said: “The President will then travel to oil and gas production fields located on federal lands outside of Carlsbad, New Mexico, an area home to more than seventy active drilling rigs. While in Carlsbad, ...”
Something didn’t sound right. The Carlsbad, NM airport cannot accommodate Air Force One. Assumptions were made. He must be flying into Roswell and then being helicoptered to Carlsbad, and driven to a well site. “We’ll have folks line the streets along the exit of the Carlsbad airport with signs…”
On Tuesday, a new press release came out. Nix Carlsbad. The President is landing in Roswell and then “will travel to oil and gas production fields located on federal lands outside of Maljamar, New Mexico.” Maljamar (population 38) is a wide sport in the road surrounded by tumbleweeds and pump jacks. Regroup.
Moody's Puts Puerto Rico on Downgrade to Junk Review Citing Very High Debt, Pension Obligations, Chronic Deficits; Exodus Underway | Mike Shedlock
Radical Capitalism: A remote Indonesian village runs its own telecommunications company. (From a laptop and a tree) | Nick Sorrentino
Open Letter to Obama and Congress From Internet Giants Calls For Reining In Government Surveillance | Nick Sorrentino
(An important interview) Saving the Net from the surveillance state (And Crony Media): Glenn Greenwald speaks up (Q&A) | Nick Sorrentino