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Obama Shifts to Speed Oil and Gas Drilling in U.S. [View All]

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n2doc Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-14-11 10:48 AM
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Obama Shifts to Speed Oil and Gas Drilling in U.S.
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By JOHN M. BRODER
Published: May 14, 2011

WASHINGTON — President Obama, facing voter anger over high gasoline prices and complaints from Republicans and business leaders that his policies are restricting the development of domestic energy resources, announced Saturday that he was taking several steps to speed oil and gas drilling on public lands and waters.

It was at least a partial concession to his critics, who say he has shackled domestic energy development at a time when consumers are paying near-record prices at the gas pump. The Republican-led House passed three bills in the last 10 days that would significantly expand and accelerate oil development in the United States, saying the administration was driving up gas prices and preventing job creation with antidrilling policies.

Administration officials said the president’s announcement was intended in part to answer these arguments, signal flexibility and demonstrate Mr. Obama’s commitment to reducing oil imports by increasing domestic production. But in fact the policies announced Saturday would not have an immediate effect on supply or prices, nor would they quickly open any new areas to drilling.

The president’s turn to a domestic pocketbook issue comes after two weeks of intense focus on the killing of Osama bin Laden, terrorism more broadly and the multiple crises in the Middle East.

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http://www.nytimes.com/2011/05/15/us/politics/15address.html
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