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Chris Wysocki
Caldwell, NJ
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Barry's on a roll, destroying America one Executive Order at a time.
While we were wringing our hands over the Obamacare SCOTUS fiasco, he went and reinstated a 27-year offshore drilling moratorium, effectively putting the entire continental shelf off-limits to new oil and gas exploration until 2035.
President Obama's offshore charade continues today with the formal announcement of the 2012-2017 leasing plan for the outer continental shelf. With this plan, the administration reinstitutes the 27 year moratorium that was lifted in 2008, and turns its back on potentially enormous energy resources that could provide jobs and energy security for America. For more than three years, the Obama administration has consistently reversed bipartisan efforts to open America's vast offshore resources for energy development.
The president has cancelled lease sales, delayed others, and imposed a unilateral executive embargo on the oil resources that our most promising public lands could provide. With 98 percent of the U.S. offshore currently unleased for energy exploration, Secretary Salazar has finalized this plan to continue the administration's war against affordable energy. In the end, Americans will pay more for the energy they need.
But don't worry America. Solar energy will save us!
What's that? Another one of Barry's solar boondoggles just went tits up? Say it ain't so Joe!
Abound Solar Inc., a U.S. solar manufacturer that was awarded a $400 million U.S. loan guarantee, will suspend operations and file for bankruptcy because its panels were too expensive to compete.
Abound borrowed about $70 million against the guarantee, the Loveland, Colorado-based company said today in a statement. It plans to file for bankruptcy protection in Wilmington, Delaware, next week.
The failure will follow that of Solyndra LLC, which shut down in August after receiving a $535 million loan guarantee from the same U.S. Energy Department program.
Anyone detecting a pattern here?
Out with the old and reliable, in with the new and impractical!
It's almost like Obama wants us to freeze in the dark. At least until our
Chevy Volts catch fire...
Posted at 14:20 by Chris Wysocki
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