Obama shifts, says he may back offshore drilling »
Posted By bigurn 1 year, 5 months ago in NewsShifting from his previous opposition to expanded offshore drilling, the Illinois senator told a Florida newspaper he could get behind a compromise with Republicans and oil companies to prevent gridlock over energy.
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AlphaGnosisComment removed: Hard Banned1 Reply
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fsev411 year, 5 months ago
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Barack OBama has always said he believes in compromise and working wit the opposition. This is a perfect example. The offshore drilling proposed is very limited. The bill also contains provision for significant expenditures on alternative energy projects and includes the elimination of certain tax breaks for the oil companies. In other words it has a little something for everyone. This is how government is supposed to work and is totally consistent with OBamas principles. Mr McCain has been totally steadfast on this issue over the years.
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fsev411 year, 5 months ago
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FTA: The so-called Gang of 10 plan would lift drilling bans in the eastern Gulf of Mexico within 50 miles of Florida's beaches and in the South Atlantic off Virginia, the Carolinas and Georgia, but only if a state agrees to the oil and gas development along its coast. The states would share in revenues from oil and gas development.
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Drilling bans along the Pacific coast and the Northeast would remain in place under this compromise.
The plan also includes energy initiatives Obama has endorsed. "It would repeal tax breaks for oil companies so that we can invest billions in fuel-efficient cars, help our automakers re-tool, and make a genuine commitment to renewable sources of energy like wind power, solar power, and the next generation of clean, affordable biofuels," Obama noted.
"Like all compromises, it also includes steps that I haven't always supported," Obama conceded. "I remain skeptical that new offshore drilling will bring down gas prices in the short-term or significantly reduce our oil dependence in the long-term, though I do welcome the establishment of a process that will allow us to make future drilling decisions based on science and fact."
Nevertheless, Obama said the plan, put forward by mostly moderates and conservatives led by Sens. Kent Conrad, D-N.D., and Saxby Chambliss, R-Ga., "represents a good faith effort at a new bipartisan beginning."
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The biggest problem with the bill is that even though it's proposed by Senators from both parties the Bush man is almost certain to veto it Not good enough for his oil buddies. -
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annk1-951 year, 1 month ago
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Obama is going to shift even more, after Security Council briefings. One wonders if his shifts are the result of more and better information or whether his plan all along was to get the votes first, by endorsing whatever policies were popular, and then get down to actually doing business?
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