Obama Waffles On Oil Production??

http://www.whitehouse.gov/the-press-office/presidential-memorandum-united-states-outer-continental-shelf

Cuts off resources in Brisol Bay Alaska, but opens up the East Coast, at least verbally. He has "a plan".

It's a pretty good ploy; Announce a totally non-binding "plan" and let every Republican voter in the country soak that in (feels nice eh?). Let the pundits clap or groan, it still tugs at their heart strings...trying his best, Obama is. That was a bit Yoda-ish, sorry.

So maybe this guy is more in the "middle" than we all thought. Seed planted.

In reality, every State that bitches about it, will be left to decide for themselves. The smart ones will buy in, because that far out in the Ocean, any oil spill would be swiftly carried away by the Gulf Stream and prevailing winds. Off to cause problems for Europe. I am probably the only person who has the balls to conclude that out loud.

It is still all just a "plan". Obama can draw this out and have some hearings in the House, or let Ken Salazar have meetings with Oil company representatives. Hand shakes, talks-dinners, drinks, pictures, let the exploration phase start! Then wait until November 7th, 2012 and cancel the whole thing.

Better yet, let Congress kill it, after the coming November elections.

NOW, look at this from an OPEC point of view; That pisses us off! But, if we raise our prices like a few years ago, the whole US will back the drilling, and we will lose a huge market share. Prices will plummet. Keep the prices low and see if they really do it. Talk about a "can't lose" genius move!! Enjoy the cheap gas this summer and thank Obama for it.