BEING DRAINED AWAY FROM EXISTENSE THANKS TO THE OBAMA ADMINISTRATION. THIS IS NOT SOUND POLICY WHEN ITS THE DELIBERATE ACTS OF DESTRUCTION TO THIS COUNTRY'S ECONOMIC WELFARE. THE 111TH CONGRESS CAN BE ATRIBUTED TO THIS FOR THIER OWN INACTION.
1. In October 2010, former Reid advisor and current NRC Chairman Gregory Jaczko ordered a stop to all Yucca-related NRC activities. He argued that his authority to close out the Yucca program was derived from President Obama’s 2011 budget request. The problem is that neither the House nor the Senate passed that proposed budget. Further, the order ignores the fact that the NRC’s own Atomic Licensing and Safety Board agreed unanimously that the DOE lacked authority to withdraw the application. The chairman’s actions were so unusual and contentious that fellow NRC commissioners were compelled to publicly denounce the decision.
THE VERY ACT OF USURPING CONGRESSIONAL POWERS IN AN OUTWARD DISPLAY OF DISRESPECT OF LAWS IS AT THE HEART OF THIS GRIEVOUS ACT.
The Obama Administration’s anti-Yucca policy destroyed this progress. It ignored existing statute, such as the NWPA and the Yucca Mountain Development Act of 2002, which state clearly that Yucca Mountain shall be the location of the nation’s nuclear materials repository. It unilaterally requested the withdrawal of the DOE’s permit application for Yucca to the Nuclear Regulatory Commission (NRC). Questions over the legality of this policy are currently under review by the courts.
Aerial view of YUCCA: http://www.nei.org/keyissues/nuclearwastedisposal/recyclingusednuclearfuel/
http://www.heritage.org/research/reports/2010/12/yucca-mountain-and-nuclear-waste-policy-a-new-beginning
2. The oil industry has much to contribute to America’s energy needs — particularly in light of rising gas prices. The American Petroleum Institute, in its “State of American Energy” report, estimated the industry supports more than $1 trillion in annual contributions to the U.S. economy. Creating additional access to areas currently closed to development would lead to even more domestic production, new jobs and billions in government revenue.
The American people deserve better. With energy needs on the rise — and gas prices inching higher — now is a time for solutions. The first step is putting an end to the Obama administration’s anti-drilling policy in the Gulf of Mexico. Just two new deep-water permits have been issued since the politically motivated moratorium ended three months ago. That’s down 88 percent from the historical average. Shallow-water permits, which weren’t even subjected to the moratorium, are down 11 percent.
Ongoing delays in the Gulf of Mexico are only part of the problem, however. Offshore drilling bans currently prevent exploration in about 85% of our coastal waters. Those bans are crippling job creation and making America more reliant on foreign sources of oil.
Unfortunately, they were recently reinforced by the Obama administration. The Interior Department announced last month that the eastern Gulf of Mexico and the Atlantic and Pacific coasts would be off limits for the next seven years. That news came after the administration canceled four pending lease sales in Alaska.
http://blog.heritage.org/2011/01/11/morning-bell-obamas-anti-drilling-agenda/
ANWR RESERVE
http://www.anwr.org/Technology/Today-s-drilling-leaves-a-small-footprint.php
THE ADMINISTRATION FOOT DRAGGING IN PROVIDING LEASES CREATES UNCERTAINTY IN THE MARKET ALREADY SHOWING MOVEMENT TOWARD PRICE INCREASES of $100 a barrel. FOREIGN OIL SOURCES WILL NOT HELP TO LOWER THIS PRICE.
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