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Waving The Oily Shirt

The last few weeks have been rough for certain forms of traditional energy that President Obama has opposed. While campaigning, he lashed out against coal and offshore oil drilling. And of late, we've had two fatal mining accidents and an oil platform destroyed.

Some conspiracy-minded folks might find it quite a coincidence that these three seemingly-unrelated disasters should all happen so close together, and speculate about an underlying connection -- much like how both the feds and New York state are both looking at Goldman Sachs (who had the audacity to NOT fall apart during the last financial meltdown and come crawling for a government bailout) while the Democrats are pushing their so-called "financial reform" bill.

I'm not one of those. Sometimes, coincidences happen -- even when politics is involved. I firmly believe that these three disasters were accidents.

However, that doesn't mean I don't have concerns.

After all, this is the administration that lives by the motto "never let a crisis go to waste."

I fully expect that the Obama administration will use these events to lead a push for "reforms" in the energy business that will cripple the coal and offshore drilling industries. Remember, when Obama was campaigning, he said this about coal energy:

"So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them, because they're going to be charged a huge sum for all that greenhouse gas that's being emitted."

I'd like to think that, like so many of Obama's other promises, this one has an expiration date, like his statement on offshore drilling:

"And when I am president, I will keep the moratorium in place and prevent oil companies from drilling off Florida's coasts. That's how we can protect our coasts and still make the investments that will reduce our dependence on foreign oil and bring down gas prices for good."

Of course, that one he didn't really retreat on. His "flip-flop" was to authorize a study on whether to allow preliminary exploration in certain areas, while reasserting the ban in far more areas.

However, counting on Obama to break a promise is a very, very slender reed to depend on. You never know when the SOB might go off and actually keep one, just to screw us over.

It would be a good idea, though, to get ready for a push against coal mining and offshore oil drilling. Given the statements and past deeds of the Obama administration -- their words and deeds -- it's almost inevitable.


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Comments (10)

"just to screw us over" you... (Below threshold)
Gmac:

"just to screw us over" you can count on it to happen if it does. He's never passed up the opportunity to do so yet.

If there's an 'accident' at a nuke plant then I'll subscribe to the conspiracy theory, until then I'll just attribute it to malice.

They're already in full-on ... (Below threshold)
Justrand:

They're already in full-on "Never let a crisis go to waste" mode.

The "drilling is too dangerous and harmful" drum will get beaten until it bursts over this.

The man got his political s... (Below threshold)
BlueNight:

The man got his political start in SAUL ALINSKY'S house. This was the FIRST thing I thought when I heard of the oil rig. However, it would take several more similar disasters to convince me we've got Ra's al Ghul in the White House.

Let's face it, Barry's goin... (Below threshold)
GarandFan:

Let's face it, Barry's going to run the country right into the ground.

Goldman Sachs (who... (Below threshold)
James H:
Goldman Sachs (who had the audacity to NOT fall apart during the last financial meltdown and come crawling for a government bailout)

Inaccurate. Goldman did indeed receive bailout money, and as I understand it, the firm was compensated dollar-for-dollar on swaps it held with AIG after AIG went under.

That last irks me more than the bailout, actually. Generally, when a company goes belly-up like AIG did, creditors have to take a haircut on whatever they're owed. Why didn't the Wall Street banks?

Barry hates oil workers.</p... (Below threshold)
914:

Barry hates oil workers.

Lets face it, Barry hates t... (Below threshold)
914:

Lets face it, Barry hates the average white oil worker.

Why didn't the ... (Below threshold)
Why didn't the Wall Street banks?
Hell, why didn't GM's and Chrysler's creditors?

Most of the charlie-foxtrot this economy has become, resulted from Washington's unwillingness to trust the bankruptcy courts to apply the laws as they were written by Congress.

Conservatives, why are you ... (Below threshold)
Highlander:

Conservatives, why are you no longer yelling out your beloved phrase, "Drill, Baby, Drill"??? WELL? What's your answer? Could it be a particular recent offshore event is affecting your desire to shout what you've hitherto loved to shout? Could it be that the liberals would reply to the short-sighted conservatives with:

"Dummies, that leads to 'Spill, morons, spill'"???

Conservatives, you own the mess off the coast of Louisiana.

IT'S UP TO YOU TO CLEAN IT UP!!!

So, get down to it!!!

To the above:You r... (Below threshold)
James Cloninger:

To the above:

You realise that there are other countries (with laxer regulations) drilling off our coasts now...Mexico, Vietnam, etc.




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