File this one under While You Were Out: the Obama Administration
unveiled its new five-year energy plan on Thursday, when the rest of us
were conveniently preoccupied with SCOTUS and the Holder contempt vote.
Real smooth.
Of course, it's pretty clear why they wanted this to fly under the radar: as Hot Air's Erika Johnsen noted on Saturday, the plan is just not good. She points out that it opens up a miniscule percentage of our offshore resources, but not nearly enough to make a dent in our energy use, and what's more, by constraining the number of jobs that this could produce, it does nothing to help the economy. Some details:
U.S. oil companies will be allowed to drill in more areas of the Gulf of Mexico but won only limited access to the Arctic under the final version of the Obama Administration's five year drilling plan that was slammed by industry and some environmentalists.
The 2012-2017 plan calls for three potential lease sales in areas offshore Alaska but the auctions would not be held until the final years of the plan because of environmental concerns about operating in the Arctic.
"Today, the Obama Administration has announced a bleak future for American energy production by keeping 85 percent of America's offshore areas under lock and key and refusing to open any new areas to drilling," said Doc Hastings, Republican chairman of the House Natural Resources Committee.
Read more: http://townhall.com/tipsheet/katehicks/2012/07/02/nice_try_obama_released_restrictive_new_energy_plan_under_cover_of_scotus_holder_contempt
Of course, it's pretty clear why they wanted this to fly under the radar: as Hot Air's Erika Johnsen noted on Saturday, the plan is just not good. She points out that it opens up a miniscule percentage of our offshore resources, but not nearly enough to make a dent in our energy use, and what's more, by constraining the number of jobs that this could produce, it does nothing to help the economy. Some details:
U.S. oil companies will be allowed to drill in more areas of the Gulf of Mexico but won only limited access to the Arctic under the final version of the Obama Administration's five year drilling plan that was slammed by industry and some environmentalists.
The 2012-2017 plan calls for three potential lease sales in areas offshore Alaska but the auctions would not be held until the final years of the plan because of environmental concerns about operating in the Arctic.
"Today, the Obama Administration has announced a bleak future for American energy production by keeping 85 percent of America's offshore areas under lock and key and refusing to open any new areas to drilling," said Doc Hastings, Republican chairman of the House Natural Resources Committee.
Read more: http://townhall.com/tipsheet/katehicks/2012/07/02/nice_try_obama_released_restrictive_new_energy_plan_under_cover_of_scotus_holder_contempt
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