When gas was $4 a gallon and Senator Obama was campaigning for the Presidency, he said was willing to support new offshore oil drilling. Now that the election is a year behind us and gas is under $3 a gallon, Obama is quietly banning new offshore drilling for the rest of his term.
The Obama administration’s six-month delay in approving new offshore drilling leases in federal waters will become a new three-year ban, Interior Secretary Ken Salazar quietly told reporters last Friday.
Which means that no new oil and gas leases will be approved during President Obama’s term even though two –thirds of the American public supports such activity, according to a December 2009 Rasmussen poll.
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