16 October 2015 (16:18 UTC-07 Tango 01)/24 Mehr 1394/02 Muharram 1436/04 Bing-Xu (9th month) 4713
Blame low oil prices, but once again the President of the United Failed States of ‘Merica, Barack Obama, has gone back on one of his policies; oil drilling in the Arctic: “In light of Shell’s announcement, the amount of acreage already under lease and current market conditions, it does not make sense to prepare for lease sales in the Arctic in the next year and a half.”-Sally Jewell, U.S. Secretary of the Interior
For weeks I saw reports that foreigner Royal Dutch Shell was ending oil ops on the Arctic, off the U.S. coast, but now it’s been revealed that Obama refused to extend their lease.
Dumb environmentalists, who think humans have so much power we can destroy the Earth despite that fact that Mother Earth and Father Sun always wipes out every dominant species at some point, praised the oil drilling lease termination even though it’s really about jacking up oil prices so the oil companies can make bigger profits, and that when those profits start rolling in the expansive drilling will resume.
The Obama regime has halted new oil drilling in the U.S. Arctic for the next two years. That’s exactly the amount of time big oil companies have predicted it will take for them to start raking in big profits off their $100+ USD per barrel oil. You see the oil companies have been cutting way back on oil production, killing thousands of jobs (just read my numerous Job Losses reports).
The Great Reneger: Obama will NOT withdraw U.S. combat troops from Afghanistan!