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Obama sends Oil Drilling Jobs overseas through regulator inaction- Obama Watch- Obama News | Watch. Report. Call.

Obama- the face of of regulatory imperialism

Obama Watch, Obama News, Jobs, Overseas, America, Obama, Unemployment Rate, Politics, Business News, Economy, World News

Obama makes a push….to encourage job flight to other nations?  Obama’s oil drilling ban remains intact, despite the official lifting of the ban.  While the ban has been lifted, the permits to resume have not been issued, meaning oil companies will move their rigs, and their jobs, to other ports.  This move follows the Obama pattern of using backdoor regulatory agencies to push his agenda, he hopes, unnoticed by the American people.  Fortunately, Heritage caught this one:

From: http://blog.heritage.org

You’d think that an unemployment rate hovering near 10% would focus the White House’s mind on job creation, not destruction, but the Obama administration stayed true to form yesterday when Interior Secretary Ken Salazar visited the Gulf and told offshore drillers that the permits they need to put Americans back to work are not coming anytime soon. Shallow Water Energy Security Coalition head James Noe told the AP: “If the regulators want to sit around and figure out what rules and regulations to come up with, if they wait much longer they won’t have much industry to regulate.”

While the Obama administration has formally lifted their Gulf drilling ban, the Bureau of Ocean Energy Management still is not issuing the permits needed to put Americans back to work. Business Week reports:

RIG-CHEM Inc., which makes chemicals used by companies such as Chevron Corp. and Royal Dutch Shell Plc, lost 70 percent of its business when the Obama administration imposed the drilling moratorium, President Lori Davis said today in an interview.

“Our business was practically shut down,” she said.

Davis arranged a loan, reduced retirement plans and scaled back travel for its 17 employees. The employee Christmas party has been scrapped, she said.

“The lifting has not changed much,” said Davis, 52. “Our clients are still fighting, trying to get through the permitting process.”

And the energy sector is not the only area President Obama’s policies are killing jobs.

One Response to Obama sends Oil Drilling Jobs overseas through regulator inaction- Obama Watch- Obama News

  1. [...] This post was mentioned on Twitter by barack obama gov, Freedom News Feed and Staff Writer, krossnews. krossnews said: from @freedomist More and More American jobs going overseas thanks to Obama-Obama News http://bit.ly/fY5TT2 #headlines #news [...]

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