Tuesday, April 19, 2011

Obama invests in Columbian Oil Refinery while Americans face dire Economy at Home

Did anyone notice that the Obama Administration will be financing an oil refinery in Columbia?

While 2010 was the recovery summer that wasn’t, there is no doubt that the summer of 2011 will be the summer of skooters. Gas prices continue to soar at the pump across the nation, and it seems that the Obama Administration is uninterested in doing much about it. While domestic prices rise at the US Pump, gas prices in Mexico are half of what they are in this country.  It has left many to muse jokingly that illegal immigrants from Mexico  can come if they bring a barrel of oil with them.

While the American consumer is in sticker shock, oil producing states have economies that lie in shambles because of permitatoriums (slow down in granting permits) by the Obama Administration. Alaska, with a pipeline that once had 2 million barrels of oil roaring through it, is on the brink of shutting down due to a lack of oil. Louisiana, with an economy limping due to the same permitatorium,  is unable to drill in the Gulf of Mexico. As Americans watch Cuba, China, and Mexico drill in our Gulf waters, Americans are banned from such activity.  Both Alaska and Louisiana could readily change the American economy, but the Obama Administration does nothing but hold up drilling permits. This hold up doesn’t just hurt these two states; it also hurts the American consumer in the pocket book, and hurts our defensive posture around the world.
 The Obama Administration’s Oil Policy has been a pretty simply one. It bans US Production and invests in production in other nations. The President went to Brazil to claim we will be their best customer, and is investing US dollars in that endeavor. Where will that oil be refined? It appears to be in Columbia.

The summer of 2010 may be best known for the BP Oil spill, but it was the summer that the Obama Administration rolled out more grants for Africa than in the history of the United States.  The summer of 2011 will be the summer of Latin American Development by the Obama Administration.  We are building the oil industry in Brazil, even moving oil rigs from the Gulf of Mexico to Argentina. as well as selling military hardware to a Marxist Regime. Now he invests in Columbian Oil refineries while our own oil industry languishes. He is dismantling the US Energy Sector and shipping it overseas, literally, as well as selling them military hardware.  The tab is being paid by the American consumer and the American taxpayer. 

Is it any wonder that the President’s Popularity is waning?  You can fool some of the people some of the time, but you can’t fool everyone all of the time.  You can’t get re-elected with high prices at the pumps and high rates of inflation.  If you think I am wrong, ask Jimmy Carter.  

1 comment:

  1. The Summer of Skooters is at http://www.youtube.com/watch?v=GSMF12RNUS4&feature=youtu.be

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