Should be back in business.

[RogerR]

WASHINGTON – Amid growing public unhappiness over gas prices, President Barack Obama is directing his administration to ramp up U.S. oil production by extending existing leases in the Gulf of Mexico and off Alaska's coast and holding more frequent lease sales in a federal petroleum reserve in Alaska. But the moves won't calm spiraling prices at the pump any time soon.

[Mike_z71]

Should have been done a long time ago.

[jigginjeff]

<table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by Mike_z71 &raquo;</td></tr><tr><td class="quote">Should have been done a long time ago.</td></tr></table>
+1

[Gun Runner]

<table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by Mike_z71 &raquo;</td></tr><tr><td class="quote">Should have been done a long time ago.</td></tr></table>Amen , and MORE to reduce fuel prices at the pump !!!!! These freakin $100 fill ups are killing me , me and the ol lady both hit the pump about twice a week at 100 bucks a pop !!!!!!

[Stroker]

If you read very closely this is his energy plan for 2012. Election year of course. They will say and do almost anything to get a vote.

Jeff

[250XDC]

You hit the nail on the head Jeff election year coming up thats what its all about, this should've been done a longtime ago

[Bada$$Bullet]

Ramping up production won't do shit if you can't drill new wells. It sounds good to the rest of the nation who has no clue about the industry. He's still a moron.

[Alan S]

<table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by Bada$$Bullet &raquo;</td></tr><tr><td class="quote">Ramping up production won't do shit if you can't drill new wells. It sounds good to the rest of the nation who has no clue about the industry. He's still a moron.</td></tr></table>

<table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by RogerR &raquo;</td></tr><tr><td class="quote">WASHINGTON – Amid growing public unhappiness over gas prices, President Barack Obama is directing his administration to ramp up U.S. oil production by extending existing leases in the Gulf of Mexico and off Alaska's coast and holding more frequent lease sales in a federal petroleum reserve in Alaska. But the moves won't calm spiraling prices at the pump any time soon.

</td></tr></table>

NORMALLY when new leases are puchased, it means new drilling. With DC the way it is, though, it may just be a slight of hand. No permits= no drilling.

[Bada$$Bullet]

Until I see drilling permits being issued like they were before 2010, all the talk in Washington is BS. They are telling the general public what they want to hear. You and I know that ramping up production without drilling will just increase the price that much faster. A well just doesn't keep producing because Obama says so. If the mf'er dies out, guess what, it's over.....and without new wells to replace it, we'll be at $6 a gallon in no time. Hopefully the rest of the country can figure out he's blowing smoke up their ass.

[BasinDawg]

<table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by Bada$$Bullet &raquo;</td></tr><tr><td class="quote">Ramping up production won't do shit if you can't drill new wells. It sounds good to the rest of the nation who has no clue about the industry. He's still a moron.</td></tr></table>
DING DING Winner Winner...Don't you just get a fuzzy feeling...
The terms up here on the hill (yes up this far) is strictly extending the EXISTING leases like it going to make a difference...Most do not understand the difference between drilling and production and the people around these parts think its doing something

[Ranger 251]

Totally agree You can lease everything available but no permits = no drilling. Scary part is most people not associated with the oil business do not understand. I talked with several people not in the oil business that thought all was well when the moratorium was lifted---NOT!!!