LiveBlogging the Obama Oil Spill Address & Cap-&-Tax Push

Two vacations, a half dozen parties, and several rounds of golf later, Barack Obama finally addresses the nation on the BP oil spill.

Lie #1: We’re drilling in deepwater because we’re running out of places to drill.

Not True.
For decades, Democrats have blocked efforts to responsibly develop this nation’s energy resources, transforming vast areas of opportunity into “The No Zone.”

Over the past 30 years:

Democrats have blocked the development of new sources of petroleum.
Democrats have blocked drilling in ANWR.
Democrats have blocked drilling off the coast of Florida.
Democrats have blocked drilling off of the east coast.
Democrats have blocked drilling off of the west coast.
Democrats have blocked drilling off the Alaskan coast.
Democrats have blocked building oil refineries.
Democrats have blocked clean nuclear energy production.
Democrats have blocked clean coal production.

But, they’re funding projects in Brazil.
The Wall Street Journal reported:

The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.

This radical president is shameless.

He’s pushing for more regulations and his cap-&-tax energy policy that will cause energy costs to necessarily skyrocket.

Now he’s quoting Reverend Wright a fisherman’s prayer.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

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