Government set to unveil offshore drilling plan
(Reuters) - The Obama administration is expected to announce by Wednesday its updated plan for oil and natural gas drilling in U.S. waters, including whether to allow exploration for the first time along the U.S. East Coast.
Don't fall for it. In my opinion, it's a ploy to get Republicans on-board with his Cap & Tax agenda. Obama needs some Republicans to go along with this gigantic tax monstrosity and he's going to dangle the off-shore drilling carrot out in front of them...just another bribe.
But Obama, who wants Congress to move a stalled climate change bill, has sought to reach out to Republicans by signaling he is open to allowing offshore drilling, providing coastlines are protected.
Of course, once he gets his Cap & Tax Bill passed through Congress, the drilling will never take place. The Environmentalists are his base, and he'll need them in 2012.
The Republicans better not fall for this or their goose is cooked...not to mention ours.
Read the entire article here.