Obama and "Drill Baby Drill"

Darn you Barack Obama for only quadrupling the number of oil drilling rigs in the US! Yes. You heard me right.  The drilling boom is being driven by a variety of factors. New technologies have allowed companies to tap vast new oil reserves in places like North Dakota, Texas and, most recently, Ohio. High oil prices are making once-unprofitable fields more tempting.

All that drilling is helping to boost U.S. oil production. The U.S. pumped 3.9 million barrels a day from onshore fields in March, up 5.9% from a year earlier and the most in nearly a decade. Has that helped gas prices? NO ! Interesting huh.

Another interesting point is why the Bush/Cheney years were marked by ever declining oil production in the good old USA? Yea you heard me ! This happened at the same time oil companies like Exxon spent rising profits on share buyback instead of exploration causing their total oil production to decline as well.

Do big oil and their Grand Oil Party really want increased production? Or do they want increased oil profits? In the new economic world of peaking oil, increasing production isn’t the way to maximize profit margins. Scarcity is. This may confuse FOX viewers, but almost everything does. Still the Republicans are upset with the President .

 Maybe what big oil and GOBP really are upset with Obama about is that he called their bluff and is exposing the fact that increased production isn’t the solution. Gas prices falling---No,not yet.

The fact is that production is up everywhere and still I see signs that say “Drill Baby Drill”. Some Republican supporters really hate President Obama. They refuse to listen to or believe facts that go against what FOX is filling their empty heads with every day. I have even heard some say they would never buy a GM product again because of the Auto Bailout.  Although Ford did not need money from the $80 billion bailout program, Ford did receive $5.9 billion in government loans in 2009 to retool its manufacturing plants to produce more fuel-efficient cars, and the company lobbied for and benefited from the cash-for-clunkers program. Would this cause them to buy a car from China?

This makes me ask a question that I really hate to pose. Are some Republicans so full of hate that a Black man is in charge that they are willing to place bigotry and hate over their patriotism over common sense? I just find comments about buying a car the President likes or supports offensive and un-American.  I even hear Republicans pick on the Chevy Volt because the President said he would buy one.

Politics is one thing but when the election is over it is important that all Americans support the winner and move the country forward. I watched Bill Clinton treated in much the same way and I am tired of the signs, lies, and backward un-American thinking. I have had it!  To all of you with such ignorant signs and ideas I say......may God bless and help you.