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Energy producers frustrated with Obama state visit

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Presidential motorcade prepares for President Obama's arrival

By Dan Potter

President Obama staging a photo op at the TransCanada pipe yard outside of Cushing today angers members of the Domestic Energy Producers Alliance.

DEPA’s Mike Cantrell says the President has proven for three years that he is against the fossil fuel industry.

“The irony of it is, he’s been unsuccessful because Congress wouldn’t go along with him. And now, he takes credit for the gains we’ve made in oil and gas production which have nothing to do with him and his policies. They’ve (occurred) in spite of him and his policies,” Cantrell said.

DEPA has cancelled plans to stage a protest in or near Cushing during the President’s visit.

“They’ve changed it from campaign visit to a state visit,” says Cantrell. “It’s not open to the  public.”

The President’s press entourage will be bussed from Oklahoma City to the Cushing event so even they wouldn’t come in contact with any protestors.

When asked what he’d say if he had a few minutes with President Obama, Cantrell says, “I’d say, Mr. President, we’d like to visit with you about domestic oil and gas. And that there’s a difference between U.S. domestic energy producers and royalty owners and the big oil companies that you seem to lash out at. But, in your lashing out at them, you have hit us all with your policies.”

Source

Obama said ready to push partial Keystone XL approval

Obama will be in Cushing, Okla., the start point of the pipeline’s southern half on Thursday

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The Keystone XL project will extend TransCanada Corp.‘s Keystone pipeline that carries oil from northern Alberta to refineries in the United States. (TransCanada Corp.)

U.S. President Barack Obama is reportedly set to announce in Oklahoma this week that he’s expediting the permit process for the southern half of TransCanada’s controversial Keystone XL pipeline.

Citing a senior administration source, CNN reported on Tuesday that Obama wants to slash several months off a permit approval process that can ordinarily stretch on for as long as a year.

The administration wants to speed things up to deal with a glut of oil in Cushing, Oklahoma, where crude from the Midwest runs into a logjam on its way to refineries on the Gulf of Mexico.

Obama will make the announcement Thursday at a storage yard in Cushing, the starting point of the pipeline’s southern half.

Pipes that will be used to build Keystone XL to the Gulf Coast are being housed at the facility.

Gas prices rising

The announcement comes as prices at the pump continue to soar. Republicans are blaming Obama’s energy policies for rising gas prices and continue to attack him for rejecting Keystone XL in January.

The U.S. average price for a gallon of gasoline rose for the 11th straight day on Tuesday to $3.85 US, and soared to $4 a gallon in some states. That would amount to a little over a dollar a litre in Canada.

Millions of barrels of unrefined crude are sitting in storage facilities in North Dakota, in particular, but there’s a lack of pipeline capacity to carry it to the Gulf Coast and a limited number of rail cars that can transport the oil south. The state is currently in the throes of a major oil boom thanks to the discovery of the so-called Bakken Shale.

Obama’s recent praise of Calgary-based TransCanada’s decision to proceed with the construction of the southern segment of the pipeline signalled a shift in attitude from the White House after it rejected the pipeline outright in January.

The entire length of the proposed, $7.6 billion pipeline would stretch from Alberta’s oilsands through six U.S. states to the Gulf Coast.

No decision from State Dept.

The U.S. State Department has yet to make a decision on the pipeline, saying it needs more time to conduct a thorough environmental review of a new route around an environmentally sensitive aquifer in Nebraska. State department officials are assessing the project because it crosses an international border.

In November, under mounting pressure from environmentalists, the State Department deferred making a decision on Keystone until after this year’s presidential election, citing concerns about the risks posed to the aquifer.

Pipeline proponents cried foul, accusing Obama of making a cynical political move aimed at pacifying the environmentalists of his base and improving his chances of re-election.

Republicans then held the administration’s feet to the fire, successfully inserting pipeline provisions into payroll tax cut legislation in late December.

Within a month, facing a mid-February deadline imposed by that measure, Obama nixed TransCanada’s existing permit outright, saying there wasn’t enough time to thoroughly review a new route before giving it the green light.

But Obama also assured Prime Minister Stephen Harper that the decision did not reflect on the pipeline’s merits, but was merely necessitated by Republican pressure tactics. He welcomed TransCanada to propose another route.

Source

Obama’s Anti-Capitalism Speech in Texas Kansas – Atlas Shrugs

 

Barack Obama

Obama’s Anti-Capitalism Speech in Texas Kansas – Atlas Shrugs.

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Feds to invest up to $510M in biofuels for military, commercial uses

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August 16, 2011 at 11:41 am by Brett Clanton

The U.S. government will invest up to $510 million over  the next three years to develop advanced aviation and marine biofuels for military and commercial transportation, President Barack Obama announced today.

Under the plan, the U.S. Departments of Agriculture, Energy and Navy will partner with private industry to jointly construct or retrofit existing biofuel plants and refineries, with the goal accelerating output of renewable jet and diesel fuels, the White House said.

The administration touted the plan as a way to enhance both energy security and national security, while also helping domestic farmers.

Biofuels are an important part of reducing America’s dependence on foreign oil and creating jobs here at home,” Obama said in a statement. “But supporting biofuels cannot be the role of government alone. That’s why we’re partnering with the private sector to speed development of next-generation biofuels that will help us continue to take steps towards energy independence and strengthen communities across our country.”

In the U.S., biofuels are largely derived from corn and vegetable oils. But producers are trying to develop “next generation” fuels from non-food crops, agricultural waste, wood chips, algae and other feedstocks that don’t impact the food supply. However, costs are high and technology hurdles remain.

The White House plan calls for the production of “drop in” biofuels that can be made in the same facilities as petroleum-based fuels and be transported through existing pipelines.

Original Article

Obama uses subsidies to outsource American jobs to China

By: Hans Bader 04/28/11 12:34 PM
Special to the Examiner

The Obama Administration has spent $1.6 billion on  Chinese and other foreign wind power, notes Wintery Knight. The practical effect of these subsidies is to outsource more American jobs.  ABC News reports on the subsidies for Chinese wind turbines contained in the stimulus package:

Despite all the talk of green jobs, the overwhelming majority of stimulus money spent on wind power has gone to foreign companies, according to a new report by the Investigative Reporting Workshop at the American University’s School of Communication in Washington, D.C.

Nearly $2 billion in money from the American Recovery and Reinvestment Act has been spent on wind power, funding the creation of enough new wind farms to power 2.4 million homes over the past year. But the study found that nearly 80 percent of that money has gone to foreign manufacturers of wind turbines.

“Most of the jobs are going overseas,” said Russ Choma at the Investigative Reporting Workshop. He analyzed which foreign firms had accepted the most stimulus money. “According to our estimates, about 6,000 jobs have been created overseas, and maybe a couple hundred have been created in the U.S.” Even with the infusion of so much stimulus money, a recent report by American Wind Energy Association showed a drop in U.S. wind manufacturing jobs last year.

The stimulus package also funnelled money to left-wing community organizers and liberal lobbying groups.

NewsMax reports on a $2 billion subsidized loan by the U.S. government to a Brazilian oil company:

Gulf Oil CEO Joe Petrowski says President Barack Obama’s weekend comments in Brazil that the United States looks forward to purchasing oil drilled for offshore by that nation “is rather puzzling,” and “hypocritical” as his administration has imposed a virtual moratorium Gulf Oil, Joe Petrowski, Barack Obama, Brazil, Drillingon domestic drilling. The signal to purchase more foreign oil comes after the U.S. Export-Import Bank invested more than $2 billion with Brazil’s state-owned oil company, Petrobras, to finance exploration.

The CEO of General Electric, which has received government “green jobs” money, is a close Obama advisor.  GE has been busy outsourcing American jobs, eliminating a fifth of its U.S. workforce since 2002.  GE made $14.2 billion in profits in 2010, but paid no taxes at all, even though America’s corporate tax rates are among the highest in the world, and shareholders in American companies are burdened by heavy, double taxation. (American companies pay hefty corporate income tax on their earnings. Then, taxes are imposed yet again on that same income when it is distributed to shareholders as dividends.  The shareholders have to pay income tax on that same income, hence double taxation.)  

But rather than paying anything in taxes, GE actually received a tax benefit of $3.2 billion from the government in 2010, and received a preferential bailout at taxpayer expense.

Oddly, while subsidizing some foreign “green” jobs, the stimulus package also contained other terrible provisions that ignited trade wars with Mexico and Canada, wiping out more jobs in America’s export sector and aggravating the U.S. trade deficit.

Original Article

Obama’s agenda at odds with U.S. values

By: The Washington Times

The United States is renowned for its freedom, democratic values and respect for the rule of law. That is, it was until Barack Obama became president (“Not above the law,” Commentary, March 9).

The Obama administration has displayed a clear pattern in the brazen disregard of bondholder rights in the nationalization of a good portion of the private sector’s automobile industry, the blatant neglect of federal Judge Martin L.C. Feldman’s order to end the drilling moratorium it imposed after the Gulf oil spill, and the Department of Justice’s refusal to prosecute the radical New Black Panthers who terrorized voters in Philadelphia. The latest disregard of a de facto injunction on the implementation of Obamacare by brave and lucid District Court Judge Roger Vinson is the greatest defiance of all.

Attorney General Eric H. Holder Jr. shares the same moral compass as his boss. They are on a mission to reshape our country to comport with their anti-American vision. This is neither an accident nor a mistake. It is a hard-core ideology that these gentlemen hold dearly.

Herein is the essence of the confrontation: Until the voters remove this administration, we will be forced to battle these intrusions into our time-tested system. Ultimately, it will be visionaries like Judge Vinson who will hold the line for decency and common sense.

ROBERT F. AGOSTINELLI

London

( Original Article )

washingtontimes.com

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