Obama's Oil Release Leaves US Vulnerable in Emergency!

Posted on NewsMax.com-By Jim Meyers and Kathleen Walter-On June 24, 2011:

“Rep. Fred Upton tells Newsmax that the Obama administration made the wrong move in releasing 30 million barrels of oil from the Strategic Petroleum Reserve, leaving the nation vulnerable to future crises when that oil could be needed desperately.

The Michigan Republican, chairman of the House Energy and Commerce Committee, also says that, instead of imperiling the safety net of reserved oil, the United States should focus on the expansion of energy projects to increase oil production in North America.

In an exclusive interview with Newsmax.TV, Upton, who was first elected in 1986, discussed the decision to release oil from the Strategic Petroleum Reserve.

"Let's face it - it is a bad idea," he declares.

Story continues below video:

{…}

“I can remember the gas lines back in the 1970s,” Upton says. “This [Reserve] was an effort by every administration — Republican and Democrat — to put oil away for when in fact there could be a blockade, there could be some major disruption of oil, so the U.S. could continue to function with the safety net of oil in the tank.

"Using it to offset prices takes that emergency blanket away from us."

A million barrels a day is what they’re going to do to tap this resource. At the same time, we’ve got a number of pieces of legislation or even administrative actions that this administration can take that, in fact, would allow at least that much oil, if not more, to come from drilling off the coast of Alaska, to build a pipeline down from Canada, which means hundreds of thousands of jobs, or increase our production in the Gulf.

“The price of oil has actually gone down over the last couple of weeks. This is not the right signal to send now. It takes away that reserve that we might at some point need down the road.”

The Obama administration has argued that the release of oil is needed to offset the disruption in the oil supply caused by the unrest in Libya.

Upton comments: “The unrest in Libya started last March. It’s almost July. If this was a tool they wanted to use to offset the big spike in gas prices we saw in April and May, it might have been a different story.

“This takes away from the potential down the road of having a reserve to offset a complete disruption from the Middle East.”

Asked whether this makes the country more vulnerable to an oil disruption, Upton responds: “Exactly right. The Strategic Petroleum Reserve was not set up to serve as a price indicator. It was set up for if we actually have a disruption like we had in the 1970s.”

He agrees that this could create a national security problem if the administration decides to extend the release beyond the 30 million barrels.

“The focus ought to be on the expansion of domestic resources,” he tells Newsmax.

“A third of our oil comes from the Gulf and already, because we’ve said no to more permits and plans over the last year, production has actually declined by more than 100,000 barrels a day from what was projected just last fall. That’s not the approach we should be taking.

“We need a policy that begins to send a message to the speculators on Wall Street that we’re going to be serious about domestic production. Why is it that the United States gave Brazil $2 billion to develop their oil resources and yet we’ve said no here? Why is it that we’re not working with Canada, which will be producing more than three or four million barrels a day from oil sand, and we’ve stalled on the application to build a pipeline?

“If we continue to say we may not be interested, Canada is going to turn around and build that pipeline not to the United States but instead to Vancouver, and they’re going to be selling it off to the Chinese.”

Upton adds that bills in the works regarding energy policy could prove useful.

“The bill that we passed out of the Energy and Commerce Committee this week, which would get a decision on this Canadian pipeline, passed with pretty good bipartisan support and that bill is expected on the House floor as early as next month.

“So there are some pretty good prospects I think for trying to increase domestic supply, at least North American supply when you include Canada, which will offset some of the Middle Eastern oil that we continue to import.”

Source:

http://www.newsmax.com/Headline/Upton-oil-reserves-release/2011/06/...

Note: The following article and/or blog post and video relate to this disturbing issue-You Decide:

I. Geithner: Oil Reserve Release Is ‘Sensible Policy’!-Posted on FoxNews.com-By Ros Krasny-On June 24, 2011:

http://www.foxbusiness.com/markets/2011/06/24/geithner-calls-ieas-6...

II. President Obama Abuses Nation’s Oil Reserves!-Posted on The Heritage Foundation-On June 24, 2011:

http://blog.heritage.org/2011/06/24/morning-bell-president-obama-ab...

III. Obama's Last Stand: His Bid to Jump-Start Economy Before 2012!-Posted on NewsMax.com-By David A. Patten-On June 17, 2011:

http://www.newsmax.com/Headline/obama-administration-economy-polls/...

IV. Video: Obama’s Failed Secular, Socialist Ideas are Destroying the USA!-Posted on ExposeObama.com-On June 19, 2011:

http://www.exposeobama.com/2011/06/19/video-obamas-failed-secular-s...

Note:  My following blog posts contain numerous articles and/or blog posts and videos that relate to this disturbing issue-You Decide:

Could the oil spill be an Act of War?

http://weroinnm.wordpress.com/2010/06/17/could-the-oil-spill-be-an-...

Is George Soros deliberately handicapping American energy?

http://weroinnm.wordpress.com/2011/03/02/is-george-soros-deliberate...

Don’t Fall For Obama’s Energy Shell Game!

http://weroinnm.wordpress.com/2010/04/01/don’t-fall-for-obama’s-ene...

Is it important to understand the Marxist assault on the foundations of our system?

http://weroinnm.wordpress.com/2011/01/27/is-it-important-to-underst...

Note If you have a problem viewing any of the listed blog posts please copy web site and paste it on your browser. Be aware that some of the articles and/or blog posts or videos listed within the contents of the above blog post(s) may have been removed by this administration because they may have considered them to be too controversial.  Sure seems like any subject matter that may shed some negative light on this administration is being censored-What happened to free speech?-You Decide.

“Food For Thought”

God Bless the U.S.A.!

http://www.youtube.com/watch?v=Q65KZIqay4E&feature=related

Semper Fi!

Jake

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ALERT ALERT

YIKES!!! Chelsea Clinton Emphatically States A Person With A Beard And A Penis Can ‘Absolutely’ Identify As A Woman

  • The one issue Hillary and Chelsea don’t appear to agree on entirely is transgender self-identification
  • In an interview with The Sunday Times, journalist Decca Aitkenhead asked the Clintons about transgender self-identification
  • Chelsea Clinton replied ‘yes’ emphatically when asked if someone with a beard and penis can ever be a woman
  • ‘It’s going to take a lot more time and effort to understand what it means to be defining yourself differently,’ Hillary said
  • Aitkenhead said Hillary became ‘uneasy’ when the question was asked while Chelsea shot a ‘furious stare’ at the journalist as her mother answered
  • Hillary added: ‘It’s a very big generational discussion, because this is not something I grew up with or ever saw’

(Daily Mail) – It may appear Hillary and Chelsea Clinton always see eye-to-eye, but in a recent interview one topic cracked the facade of the like-minded mother-daughter power duo.

The one issue Hillary and Chelsea don’t appear to agree on entirely is transgender self-identification.

In an interview with The Sunday Times, journalist Decca Aitkenhead asked the Clintons if someone with a beard and a penis can ever be a woman, to which Chelsea replied emphatically, ‘Yes.’

However, as Aitkenhead describes it, Hillary looked ‘uneasy’, and blamed generational gaps for being less accepting.

‘Errr. I’m just learning about this,’ Hillary responded. ‘It’s a very big generational discussion, because this is not something I grew up with or ever saw. It’s going to take a lot more time and effort to understand what it means to be defining yourself differently.’

The Clintons sat sown with Aitkenhead to promote the book they co-authored, The Book of Gutsy Women: Favorite Stories of Courage and Resilience.

The book features Danica Roem, the first trans woman elected to a U.S. state legislature.

According Aitkenhead’s account, she tells Hillary during the interview that many British feminists of Hillary’s generation have a problem with the idea that a ‘lesbian who doesn’t want to sleep with someone who has a penis is transphobic.’

Hillary nods in agreement, while Chelsea ‘stiffens and stares at me’, according to Aitkenhead.

The journalist then adds that many women of Hillary’s generation are uncomfortable with biological males sharing women’s bathrooms.

‘I would say that, absolutely,’ Hillary nods firmly. ‘Absolutely. Yes.’

That’s when Chelsea begins shooting a ‘furious stare’ at Aitkenhead, who points it out to her.

‘I’m a terrible actor’, Chelsea laughs.

Chelsea then says she is thrilled with the National Health Service’s decision to assign patients to single-sex wards according to the gender they identify as, instead of their biological make up.

‘How can you treat someone if you don’t recognize who they feel and know in their core they are?’ Chelsea says.

‘And I strongly support children being able to play on the sports teams that match their own gender identity,’ she adds. ‘I think we need to be doing everything we can to support kids in being whoever they know themselves to be and discovering who they are.’

At this point Hillary looks conflicted.

‘I think you’ve got to be sensitive to how difficult this is,’ Hillary says. ‘There are women who’d say [to a trans woman], ”You know what, you’ve never had the kind of life experiences that I’ve had. So I respect who you are, but don’t tell me you’re the same as me.” I hear that conversation all the time.’

Despite the clear tension in the room, the pair say they don’t argue about this topic.

But according to Aitkenhead, ‘I get the impression they don’t like to present anything less than a united front to the world.’

BONUS VIDEO

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