DRILLING MORATORIUM ENDED?

John Hofmeister of Citizens for Affordable Energy was interviewed on the CNBC business channel. It is essential viewing but we are unable to embed it. So here’s a link.

Hofmeister makes many good points. Just to give you a sample he says the moratorium dictate may be lifted but there will be no commitment on the part of drillers until they know what the law is or will be. Even the regulatory authorities are still in the dark and unlikely to issue any permits for months. When the permits are finally issued, virtually every one will be hindered by lawsuits from environmentalist factions.

There is more. Click the link and watch the interview.

 

One response to “DRILLING MORATORIUM ENDED?

  1. Pingback: OBAMA RAISES PRICE OF GASOLINE | RANDOM THOTS

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s