Ostensibly. Getting permits is a nearly impossible due to increased regulation and it's not anywhere near where it was. If you are going to try to tell me that this administration is not stifling O&G production then consider this a preemptive phuck you. Any Louisiana resident who votes for Obama should have their citizenship revoked.
Untrue. Regulations were lax as demonstrated by the BP oil spill and they have been tightened. Permits are not impossible at all. While the drilling of new oil wells was halted last year, oil production from existing wells in the Gulf reached 1.6 million barrels a day -- an all time high. Yet the oil industry apologists would have us believe it suffered greatly during the temporary moratorium on new drilling. You've already proved you don't know chit about oil production as typified by your usual shallow response.
BS. You are full of Obama sh!t as usual. I don't have toime to fk with your spin right now so just give me another lie and the thread will die.
But, but, but GNP is rising says Red. Good luck convincing him that these aren't the best economic times since the roaring 20's. Obama could go to the local elementary school, start shooting students and Red would say it was a good thing. Republicans are against it only because it was a Democrat idea.