Bob McCarty Writes

Humor, Politics, Culture & Capitalism @BobMcCarty

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Future of Drilling in Gulf of Mexico in Jeopardy

January 25th, 2011 · 2 Comments

Long-term Gulf of Mexico deepwater development could be seriously jeopardized if permitting timelines are extended, according to a new analysis by Wood Mackenzie.  The study projects nearly one-third of U.S. deepwater production could be rendered uneconomic, which could significantly impact deepwater production, resulting in less energy production, less investment and less revenue to government. “The [...]

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Vietnam Vet Says Obama Naive About National Security Threat Posed by Islamic Extremism

January 11th, 2011 · No Comments

Lt. Col. James G. Zumwalt, a retired Marine infantry officer and contributing editor at Family Security Matters, has called on the Obama Administration to clearly identify what he terms “the greatest threat in history to our democracy.” He further identifies clearly that threat to be the one “posed by Islamic extremism.” The author of “Bare [...]

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Top Auto Story of 2010: State-Run Media Ignored GM Recall Issues at Toyota’s Expense

December 31st, 2010 · 3 Comments

I disagree with the staff at Automotive News and their selection of the Toyota recall story as the top automobile-related news story of 2010.  The story that deserves at least as much attention has to do with how members of the state-run media ignored recall issues at GM (a.k.a., “Government Motors”) at Toyota’s expense. I [...]

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Gas Price Predictions Haven’t Panned Out – Yet

December 28th, 2010 · No Comments

A CNN Money article published yesterday included a prediction about gas prices made by John Hofmeister, former president of Shell Oil.  He said that Americans could be paying $5 per gallon of gasoline by 2012.  In response, this designer of “Will Work for Fuel” merchandise says, “Tell me something new.” Since President Barack Obama took [...]

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GITMO Remains Open Despite Obama Efforts

December 27th, 2010 · No Comments

President Barack Obama cited national security interests, foreign policy interests and the interests of justice when he announced 23 months ago he would close the Guantanamo Bay Detention Facility within 12 months.  Despite more than 140 mentions of GITMO on the White House web site since then, the facility remains open.  To celebrate that, I [...]

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Trade Group Cites Increase in Demand for Petroleum Products as Sign of Stronger Economy

December 17th, 2010 · No Comments

The Obama Administration has been anything but friendly to the oil and natural gas industry during the past two years; still, if a news release (below) received from the American Petroleum Institute this morning is any indication, people in the “oil patch” see an ever-so-slim sign of optimism in rising demand for their products: WASHINGTON [...]

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Obama Administration Snubs Jobs, Energy Security With De Facto Offshore Drilling Moratorium

December 2nd, 2010 · 6 Comments

Despite published reports that an offshore drilling moratorium would cost the United States 175,000 jobs per year through 2035 and despite the fact that 61 percent of voters favor offshore drilling, the Obama Administration decided yesterday to go the other way. Citing the Deepwater Horizon oil spill as a chief reason, Interior Secretary Ken Salazar [...]

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