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Monday, March 26, 2012

Obama's topsy-turvy energy policy

Obama is lying when he claims that his energy strategy includes oil production as a "key part." He wants to claim credit for drilling that the federal government has no control over and hope that people will ignore how his administration has blocked oil production on federal lands or offshore. And then there is this:
The president's concern for environmental safety would be more credible if Obama had not encouraged offshore drilling by Mexican companies with less experience conducting such operations than American companies, in the same Gulf of Mexico that his moratorium was supposed to protect.
If the Republicans can't exploit this fact - that Obama has prohibited a pipeline, which is the safest way to transport oil, but is helping Mexico in riskier offshore drilling by a state-owned Mexican firm to drill in the Gulf of Mexico.
But at the same time the president has supported oil drilling off the shore of Brazil by the partly privatized firm Petrobras and now has decided to aid the efforts of the state-owned firm Pemex for deep offshore drilling in the Gulf of Mexico. This, despite the fact that Pemex has no experience with such projects and, unlike Petrobras, labors under national laws prohibiting or discouraging the use of experienced private sector partners in this enterprise.

Let’s get this straight. We’ve prohibited a pipeline, the safest way to transport oil, from Canada, but we’re aiding Mexico in offshore drilling, which is riskier, and by a firm that lacks the experience of the U.S. firms we have been trying to prevent drilling in the same body of water. Does this make any sense at all. “Obama has managed to find the sour spot on energy,” writes the usually judicious Walter Russell Mead, who concludes his blogpost with tart understatement: “his energy policy could use a bit more thinking through.” Ya think?
Does this make sense to anyone? Why is Mexican oil and riskier off-shore drilling good and Canadian oil and pipeline bad?

5 comments:

PatD said...
This comment has been removed by the author.
PatD said...
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PatD said...

http://news.investors.com/editorialcartoons/cartoon.aspx?id=604897

Ramirez drills Obama's energy policy.

digits said...

Not mentioned is the fact that Pemex is the company associated with the Ixtoc oil spill of 1979 which was almost as big as the Deepwater Oil spill but closer to shore.

John A said...

Well, see. his "energy policy" is mostly to make us less dependent on foreign oil, which is why he wants to give billions to foreign oil producers whose output we can import while stopping oil/coal production and refining here. Perfectly sensible, right?

And he knows that it ,akes no sense to drill/mine/refine here, because the new production will not ne available for two to ten years. Far better to wait the twenty-five years for windmills and solar panels to be able to supply power (for six hours a day?). Quite reasonable, surely?

Or the "mew" one. algae. See 2008 -
http://www.lowtechmagazine.com/2008/04/algae-fuel-biof.html