Offshore drilling bill just canned...China already drilling within sight.

[Fishwagon]

Article 1:

House Subcommittee Rejects Plan to Open U.S. Waters to More Oil Exploration - Post Media Reply
Rep. John Peterson, R-Pa., spearheaded the effort. His proposal would open up U.S. waters between 50 and 200 miles off shore for drilling. The first 50 miles off shore would be left alone.

But the plan failed Wednesday on a 9-6, party-line vote in a House appropriations subcommittee, which was considering the proposal as part of an Interior Department spending package.

With record oil prices and gas prices projected to hover around the $4 mark for the rest of the summer, Republicans have ratcheted up their efforts to open up oil exploration along U.S. coastline. But the long-sought change has so far been unsuccessful.

Most offshore oil production and exploration has been banned since a federal law passed in 1981.

"We are kidding ourselves if we think we can drill our way out of these problems," House Appropriations Committee Chairman David Obey, D-Wis., said during the bill mark-up session.

For his part, Peterson said: "There is no valid reason for Congress to keep the country from energy resources it needs."

Article 2:

CHINA STARTS OIL DRILLING OFF FLORIDA - Post Media Reply
WHILE AMERICA TWIDDLES THUMBS, CHINESE TAP BILLIONS OF BARRELS

While Washington dithers over exploiting oil and gas reserves off the coast of Florida, China has seized the opportunity to gobble up these deposits, which run throughout Latin America, the Caribbean and along the U.S. Gulf coast.

The Chinese have forged a deal with Cuban leader Fidel Castro to explore and tap into massive oil reserves almost within sight of Key West, Florida. At the same time, Venezuelan President Hugo Chavez, who controls the largest oil reserves in the Western Hemisphere, is making deals to sell his country’s oil to China, oil that is currently coming to the United States.

Meanwhile, a new left-wing populist regime in Bolivia has nationalized the natural gas industry, threatening to cut off supplies to the United States.

SLANT DRILLING

There are new reports out circulating that Chinese firms are planning to slant drill off the Cuban coast near the Florida Straits, tapping into U.S. oil reserves that are estimated at 4.6 billion to 9.3 billion barrels. This compares with 4 billion to 10 billion barrels believed to be beneath the Alaska National Wildlife Refuge, where drilling is held up in Congress due to the objections of environmental groups which warn of endangering caribou. Permission to drill in the refuge, which experts are certain will not present any environmental hazard, has failed by just two votes in the Senate.

As Chinese business increases its reach around the world, it is seeking oil, which it lacks domestically.

After elections in Mexico in early July, when a new regime hostile to Washington is expected to take power, the United States might be without supplies of Mexican crude oil. The United States gets about 40 percent of its imported oil from Mexico and Venezuela.

China is eager to tap into oil reserves in the Florida Straits and then make a deal with Castro to control it. The Chinese have already reopened an abandoned Russian oil refinery in Cuba. Much of the gas refined there is believed to be destined for Freeport in the Bahamas, where the Chinese, through front company Hutchison-Whampoa, has developed a massive port facility and airfield.

With the refinery reopened and expanded it will also meet the needs of Castro.

Sen. Larry Craig (R-Idaho) has introduced legislation to ease U.S. restrictions that prevent dealing with Cuba to drill in the Florida Straits. It is hoped that Florida regulations that prevent U.S. oil drilling off the state’s coasts could also be eased.

The irony is that Chinese drilling could be even more of an environmental hazard since China is not as concerned about or equipped to deal with any potential ecological disaster as a result of a spill, said Craig.

[team oldschool]

That's F@#$ed Up!!!

[DEEP DEFIANCE]

Thats f#c$ed up!I guess we the people are fighting A loosing battle with our politicians!

[GALAZIO]

Well... "left" or "right" sides of the isle WILL NEVER address the issue. Until there is a complete overhaul of the igits in DC, do not expect a different result.

Who's at the head "Chair" of the CFR? The same guy behind EVERY LEADING OIL COMPANY worldwide. And if you think your vote for either "left" or "right" makes a difference, here's the list:

Democrat CFR Candidates:

Barack Obama

Hillary Clinton

John Edwards

Chris Dodd

Bill Richardson

Republican CFR Candidates:

Mitt Romney

Rudy Giuliani

John McCain

Fred Thompson

Newt Gingrich

[ncfish]

and losing a battle with "our" extremist environmentalists. Even if the legislation passed they would probably sue the fed gov't, and win based on Endangered Species Act or some other bs, and part of the win would be the fed gov't pay their legal bill... f'ed up, huh.

We pay taxes for this crap...USFWS donated between $10k and $50k to Defenders of Wildlife last year...

How screwed up can this country get...I pay taxes, then a fed gov't agency donates to a legal enviro dipshit group that sues routinely to take away my rights to hunt/fish/access public lands, and as part of the settlement, the fed gov't agrees to pay them to sue the fed gov't via legal fees....WTF???

God knows drilling on the Atlantic seaboard might scare a f''n plover trying to breed. End of rant. For now.

[bigeasy]

Well... "left" or "right" sides of the isle WILL NEVER address the issue. Until there is a complete overhaul of the igits in DC, do not expect a different result.

Who's at the head "Chair" of the CFR? The same guy behind EVERY LEADING OIL COMPANY worldwide. And if you think your vote for either "left" or "right" makes a difference, here's the list:

Democrat CFR Candidates:

Barack Obama

Hillary Clinton

John Edwards

Chris Dodd

Bill Richardson

Republican CFR Candidates:

Mitt Romney

Rudy Giuliani

John McCain

Fred Thompson

Newt Gingrich

what this post means. Excuse me for being dense but could you explain this further.

[bigeasy]

the Chinese will sell us some oil. Any increase in supply will be helpful.

I don't understand the politicians. I would think they would be voted out of office.

David Obey is from Wisconsin. Perhaps cars there are powered by cream cheese.

[Surfergirl]

They are selling our country off to the highest bidder... bit by bit
Greed is getting the best of us.

[Glenn W]

---Meanwhile, a new left-wing populist regime in Bolivia has nationalized the natural gas industry, threatening to cut off supplies to the United States.---

Where do you guys finds this utter bullshit?

While Bolivia's socialist Government has indeed nationalized it's piss ant natural gas industry, ain't none coming to the U.S.--- Bolivia has no LNG processing facilities and there sure ain't a pipeline running up from Central America and through Mexico. Bolivia exports most of its natural gas to Brazil via pipeline.
Note: Bolivia does have substantial gas Reserves--- so what?.

[GALAZIO]

what this post means. Excuse me for being dense but could you explain this further.

Who's behind CHEVRON, EXXON, UNOCAL (and ask yourself if you know about Unocal/ENRON involvment in the Trans-Afghanistan Pipeline), etc, etc...

Do you know what the Uno-Ven Company is/what they do?
What about P.D.V.S.A? (and don't think for one second this is "Crazy Chavez's" company.


Now, if you are asking about the CFR, there is enough out there for you to read about. If you think this is nothing more than "a group of guys getting together for lunch"... think again.