President Obama now has an opportunity to open the Keystone Pipeline, allow Gulf drilling which he clearly hates, he can build refineries, allow the continuation of the Alaska pipeline, and he can give permits for nuclear plants. Obama’s rhetoric is continually to bash oil companies with pronounced hatred. Instead of making us freer of foreign oil, however, he seems hell-bent on making us more reliant on foreign oil sources.
A devotee of cap and trade, Obama has said our fuel under his leadership “must necessarily skyrocket.”
During his presidential campaign, Obama admitted he was fine with sky-high gasoline prices, he just “would have preferred a gradual adjustment.”
Energy secretary, Steven Chu, at the time of his appointment, said that “somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” And last year, Chu claimed “the price of gasoline over the long haul should be expected to go up.
On Valentines’s Day, speaking to the nation with American workers behind him, he casually told a half-truth about the situation….When gas prices are on the rise again because as the economy strengthens global demand increases…[not his fault of course – it’s the world’s fault]
Gas prices skyrocketing will get a casual, this is to be expected response, from Obama.
Obama is about to allow 8 disputed Alaskan islands to be handed over to the Russians, when he can stop it. Neither the Governor or Senator in Alaska have tried to stop it. The islands are being ceded with tens of thousands oil-rich seabeds. This disputed land has been discussed since 1977 with treaties being signed, more demanded from Russia, a new agreement, and now there are secret deals going on between the State Department and Russia to work out the transfer. The land has never been seized by either country and both have used it provisionally.
“WND posted a letter from Joe Miller, former candidate for U.S. Senate, stating that Obama has been negotiating with the Russians to giveaway 8 disputed Alaskan islands to the Russians. It is being done under the guise of a maritime boundary agreement between Russia and Siberia according to Mr. Miller.
The islands encompass oil-rich seabeds that will allow the Russians to drill for oil they can sell back to us at exorbitant rates. We get nothing in return.
Joe Miller states that the seven contested islands in the Arctic Ocean and Bering Sea include one the size of Rhode Island and Delaware combined and it amounts to a giveaway of tens of thousands of square miles of oil-laden seabed. The Department of Interior estimates billions of barrels of oil are at stake. Obama has the power to stop this transfer of lands and seabeds to the Russians…””WND
In 2009, the State Department issued the following fact sheet which states that the U.S. and Russia meet regularly to discuss the islands which were not included in the treaty –
The U.S.-USSR Maritime Boundary Agreement was signed in 1990. The negotiations that led to that agreement did not address the status of Wrangel Island, Herald Island, Bennett Island, Jeannette Island, or Henrietta Island, all of which lie off Russia’s Arctic coast, or Mednyy (Copper) Island or rocks off the coast of Mednyy Island in the Bering Sea. None of the islands or rocks above were included in the U.S. purchase of Alaska from Russia in 1867, and they have never been claimed by the United States, although Americans were involved in the discovery and exploration of some of them.
The U.S.-USSR Maritime Boundary Agreement, signed by the United States and the Soviet Union on June 1, 1990, defines our maritime boundary in the Arctic Ocean, Bering Sea, and northern Pacific Ocean. The U.S.-USSR Maritime Boundary Agreement is a treaty that requires ratification by both parties before it formally enters into force. The treaty was made public at the time of its signing. In a separate exchange of diplomatic notes, the two countries agreed to apply the agreement provisionally. The United States Senate gave its advice and consent to ratification of the U.S.-USSR Maritime Boundary Agreement on September 16, 1991.
The Russian Federation informed the United States Government by diplomatic note dated January 13, 1992, that it “continues to perform the rights and fulfill the obligations flowing from the international agreements” signed by the Soviet Union. The United States and the Russian Federation, which is considered to be the sole successor state to the treaty rights and obligations of the former Soviet Union for the purposes of the U.S.-USSR Maritime Boundary Agreement, are applying the treaty on a provisional basis, pending its ratification by the Russian Federation.
The United States regularly holds discussions with Russia on Bering Sea issues, particularly issues related to fisheries management, but these discussions do not affect the placement of the U.S.-Russia boundary or the jurisdiction over any territory or the sovereignty of any territory. The United States has no intention of reopening discussion of the 1990 Maritime Boundary Agreement. Read here: State Department
Since then, the Department has entered into secret agreements to give the land and oil-rich seabeds to Russia.
Agreements and other historical data can be found in the following articles –
Now for a look at our future under Obama who said they must skyrocket and we need to drive wiser and less often. We can deflate our tires while he flits about in the Presidential helicopter and Air Force One for his personal enjoyment.
AP: NEW YORK, Sun Feb 19, 06:25 AM
At $3.53 a gallon, prices are already up 25 cents since Jan. 1. And experts say they could reach a record $4.25 a gallon by late April.Gasoline prices have never been higher this time of the year.
“You’re going to see a lot more staycations this year,” says Michael Lynch, president of Strategic Energy & Economic Research. “When the price gets anywhere near $4, you really see people react.”
Already, W. Howard Coudle, a retired machinist from Crestwood, Mo., has seen his monthly gasoline bill rise to $80 from about $60 in December. The closest service station is selling regular for $3.39 per gallon, the highest he’s ever seen.
“I guess we’re going to have to drive less, consolidate all our errands into one trip,” Coudle says. “It’s just oppressive.”
The surge in gas prices follows an increase in the price of oil.
Oil around the world is priced differently. Brent crude from the North Sea is a proxy for the foreign oil that’s imported by U.S. refineries and turned into gasoline and other fuels. Its price has risen 11 percent so far this year, to around $119 a barrel, because of tensions with Iran, a cold snap in Europe and rising demand from developing nations. West Texas Intermediate, used to price oil produced in the U.S., is up 4 percent to around $103 a barrel. That’s 19 percent higher than a year earlier.
Higher gas prices could hurt consumer spending and curtail recent improvement in the U.S. economy. A 25-cent jump in gasoline prices, if sustained over a year, would cost the economy about $35 billion. That’s only 0.2 percent of the total U.S. economy, but economists say it’s a meaningful amount, especially at a time when growth is only so-so. The economy grew 2.8 percent in the fourth quarter, a rate considered modest following a recession…Read more: AP – Optimum