A way to help the economy, fix the deficit, and help America be more energy independent

Bluegrass Pundit has a fascinating look at just what the “Do not Drill in America” Democrats are costing this nation.

The above map of no drilling zones says it all. Most of the best places to drill for have been put off limits by democrats. This ‘no drilling’ policy will cost the US $2.36 trillion over the next two decades.

Bloomberg reported:

Restrictions on oil and gas drilling will cost the U.S. economy $2.36 trillion through 2029, according to a study requested by state utility regulators and paid for in part by industry-sponsored groups.

Drilling restrictions in Alaska’s Arctic National Wildlife Refuge and off the U.S. coastline are blocking access to about nine years’ worth of U.S. oil and gas consumption, according to the report. Among sponsors are the National Association of Regulatory Utility Commissioners and the industry-funded Gas Technology Institute, of Des Plaines, Illinois.

Former President George W. Bush and Congress ended bans in 2008 on drilling along the U.S. coastline. The Interior Department hasn’t acted to open the newly available areas, including offshore Alaska and on the U.S. Outer Continental Shelf in the Atlantic and Pacific oceans. Congress has kept the Arctic refuge off limits.

The next time we hear Obama whining about the deficit, revenues, the economy, etc. REMEMBER what HIS PARTY is doing to help. NOTHING! Instead they are hurting America! Just imagine if our media would get off their lazy, biased asses and press Obama, Pelosi, Reid and the rest on this.

Posted on February 15, 2010, in Climate Change Mania, Economics, Energy, News You Can Use and tagged . Bookmark the permalink. Leave a Comment.

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