Bob McCarty Writes

Humor, Politics, Culture & Capitalism @BobMcCarty

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Petroleum Industry’s Cautious Optimism Dissolving

February 10th, 2009 · No Comments

On Sept. 24, I reported that oil and natural gas industry officials were cautiously optimistic about their prospects after House Democrats allowed an offshore drilling ban to expire.  After waiting three and a half months for assurances from members of Congress, I reported that those same officials seemed to be on the verge of seeing [...]

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Will Democrats Reinstate Offshore Drilling Ban?

January 15th, 2009 · 6 Comments

Oil and natural gas industry officials were cautiously optimistic about their prospects Sept. 23 after House Democrats allowed an offshore drilling ban to expire.  After three and a half months of waiting for assurances from members of Congress, it appears those same officials might be on the verge of seeing their worst fears come true. [...]

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Report: Increased Drilling Generates Revenue, Creates Thousands of Jobs, Boosts Energy Security

December 8th, 2008 · No Comments

The development of the United States’ vast domestic oil and natural gas resources that had been kept off limits by Congress for decades could generate more than $1.7 trillion in government revenue, create thousands of new jobs and enhance the nation’s energy security by significantly boosting domestic production, a study released Monday shows. The ICF [...]

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Reasons to Oppose Offshore Drilling Obsolete

September 30th, 2008 · 8 Comments

Twice during the past week, I’ve written about the oil and natural gas industry and the recent decision by House Democrats to allow a quarter-century-old offshore drilling ban to expire.  Today, however, I heard a CBS radio news report about the ban expiring today and felt obligated to set the record straight for benefit of [...]

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Chinese Drill, Americans Suffer, Congress Sleeps

September 19th, 2008 · 6 Comments

Despite the fact that poll results released as recently as Sept. 12 show voters strongly favor offshore drilling, the Democrat-led U.S. House of Representatives seems content with passing ‘dry hole’ energy bills rather than allowing expansion of oil and natural gas exploration on the Outer Continental Shelf and elsewhere in the United States.  Meanwhile… Chinese [...]

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‘Dry Hole’ Energy Bill Passes Democrat-Led House

September 17th, 2008 · 2 Comments

Oil and gas industry experts described it as a “dry hole” energy bill that “does little to increase oil and natural gas supplies and, in fact, may well result in less domestic production, which would make America more dependent on foreign energy.”  Regardless, the Democrat bill that purports to allow more offshore drilling passed by [...]

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Polls Show Most Americans Support Drilling

August 12th, 2008 · No Comments

Living in Missouri, I was interested in the results of a new survey about which the folks at the American Petroleum Institute informed me today. That survey found 66 percent of Missouri voters support increased access to domestic oil and natural gas resources. At the Energy Tomorrow web site, I learned even more about nationwide [...]

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