I saw something on the news the other day about New Yorkers lining up for their HEAP (heating assistance) payments. The federal funding is late, and the program is expected to run out of money early. It’s really cold. People are out of work and can’t pay their heating bills. Here in the LC...
I’ve been wondering how much revenue the federal government is foregoing by the fiscally irresponsible extension of Obama’s ban on offshore drilling. Thanks to Eric Rosenbaum we now have an estimate. (Emphasis mine.) “This is an unfortunate decision that will eliminate badly needed government revenues, inhibit employment growth and increase reliance on imported energy,”...
Gas prices are up nationwide, and most Americans believe President Obama’s ban on offshore drilling will only make matters worse. It certainly won’t help, that’s for sure. I just wonder who are the people who think the ban will help? A new Rasmussen Reports national telephone survey finds that 54% of Likely U.S. Voters...
President Obama’s war on jobs and the economy continues. Paying upwards of $3.00 per gallon for gas is painful. It will be agony when the price of gas spikes to $5.00 or more by the time Obama and his administration are done with us. The White House admitted in September that they knew the...
When the White House decided to kill the economy in the Gulf states by issuing a moratorium on drilling, they re-wrote a report to show outside experts supported the moratorium. Politico reported: The White House rewrote crucial sections of an Interior Department report to suggest an independent group of scientists and engineers supported a...
The Obama administration is punishing the entire oil industry due to the mistakes made by BP, charges Thomas Clements, the co-owner of Oilfield CNC Machining. I sat in on a conference call with Mr. Clements and Thomas Pyle, the President of the American Energy Alliance this afternoon. Mr. Clements’ business has been devastated by...
The thousands of Americans who lost their jobs due to President Obama’s drilling moratorium aren’t yet counted among the people Obama’s already made poor. Just think what next year’s data is going to look like. Last month we found out the folks in the White House knew a moratorium on drilling would kill thousands...
This isn’t good. Another oil rig has exploded in the Gulf. WAFB.com: The Coast Guard is responding to another oil rig explosion in the Gulf of Mexico. According to the Coast Guard, 13 people were onboard when it exploded and caught fire Thursday morning. Everyone is accounted for. Officials are reporting one injury. The injured...
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