Obama’s Secretary of the Interior Ken Salazar has just announced plans to offer 38.6 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development.

“The Obama Administration is fully committed to developing our domestic energy resources to create jobs, foster economic opportunities, and reduce America’s dependence on foreign oil,” Secretary Salazar said in a statement released by the White House. “Exploration and development of the Gulf of Mexico’s vital energy resources will continue to help power our nation and drive our economy.”

According to the statement, the sale will be held at the Superdome in New Orleans on March 20, 2013.

http://washingtonexaminer.com/obama-rele...article/2520839

A little bit more information here.

http://www.katc.com/news/interior-to-off...ico-lease-sale/

Ya, but it can often be quite some time (and huge $$$ invested in both real exploration and permitting fees) from the purchase of a lease to actually producing a drop of oil. The rubber meets the road when the rigs are fully approved to operate. Before then, the sale of leases is just so much window dressing (most often to counter another dastardly deed by the regime).

What a token milk sop. And totally unneeded.

We have IIRC . . . 3 DIFFERENT reserves with PROVEN reserves . . .

EACH ONE of which could furnish ALL America's petroleum energy needs for 200+ years WITH increased projected demand calculated in.

NORTH SLOPE
NORTH DAKOTA
DEEP ROCKY MOUNTAIN

plus others.

600 years without digging a single off shore well.

"Sop," that's the word that I was looking for, thanks for finding it for me!

And that doesn't even get into the other energy technologies.

Reportedly there are 3-4 DIFFERENT ONES

EACH ONE OF WHICH would obsolete use of oil for energy totally.

Each home and vehicle would have a large suitcase unit which would take maybe fifty cents worth of maintenance a year and produce otherwise totally free energy.

I no longer doubt the existence of such technologies.

His green wacko base will be angry with him.

Quote: Quix wrote in post #4

---

What a token milk sop. And totally unneeded.

We have IIRC . . . 3 DIFFERENT reserves with PROVEN reserves . . .

EACH ONE of which could furnish ALL America's petroleum energy needs for 200+ years WITH increased projected demand calculated in.

NORTH SLOPE
NORTH DAKOTA
DEEP ROCKY MOUNTAIN

plus others.

600 years without digging a single off shore well.

---

My first thought after reading the title - who's he releasing it to? Brazil?

We already gave them tons of money to drill American oil.

Quote: ozarkian wrote in post #9

---

My first thought after reading the title - who's he releasing it to? Brazil?

We already gave them tons of money to drill American oil.

---