If the American people seem to be demanding more drilling, why are we still sending billions and billions of dollars to unfriendly governments in the Middle East, while we sit on these rich oil reserves? The answer is simple, oil companies are just too damn lazy to get out there and drill for it – President Obama basically said so on Friday. Sean Higgins of Investor’s Business Daily picked up on the Presidential blame-storming at Friday’s press conference, his ears pricked up when Obama said the following about our energy needs and the oil drillers: There is more we can do, however. For example, right now, the (oil) industry holds leases on tens of millions of acres — both offshore and on land — where they aren’t producing a thing. So I’ve directed the Interior Department to determine just how many of these leases are going undeveloped and report back to me within two weeks so that we can encourage companies to develop the leases they hold and produce American energy. People deserve to know that the energy they depend on is being developed in a timely manner.
Could it be Mr President Dummy, THERE'S NO OIL THERE TO BE FOUND?
Read the whole thing!
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