Will the Obama administration ever get serious about creating jobs in America?

Who needs domestic oil production? We can just get more from OPEC

By Institute for Energy Research —— Bio and Archives December 10, 2010

Comments | Print This | Subscribe | Email Us

The administration has given us another piece of evidence of their hostility toward energy production. On page 69 of a new proposed drilling rule, the administration argues that we don’t need to worry that their permitorium will reduce oil production in the Gulf (and destroy good paying jobs) because we can always get more oil from the oil dictators at OPEC: It’s a sad state of affairs when our government halts domestic oil production and tells us to just buy oil from OPEC. Will the Obama administration ever get serious about creating jobs in America?

---

---

The Institute for Energy Research (IER) is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets. IER maintains that freely-functioning energy markets provide the most efficient and effective solutions to today’s global energy and environmental challenges and, as such, are critical to the well-being of individuals and society.