Drilling Moratorium News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The benefits of banning drilling are far outweighed by the economic costs of hamstringing Gulf water drilling operations.

For it, sandra. i just heard jen psaki in the press conference come back with the same old tired talking point that you know, oil companies aren't drilling on the leases that they have and that shows a total misunderstanding on how oil leases work. number one, of course, they went out and bought leases and then all of a sudden the environmentallists went to the court, biden court, said put on a new drilling moratorium to look at that, and misunderstanding of how the leases work. it's sort of like you buy a subdivision to build houses but not all the properties on there are buyable. kind of wha...

The dirtiest, and we forget about what we have. they talk about encouraging energy in this country and there's a practice and it isn't quite that easy. >> it isn't. and even venezuela, you know, they are the biggest proven reserves, but it may take years for them to be able to raise production, even if we lifted sanctions on them today. neil: right, right. >> listen, this is an administration that really doesn't understand the energy industry. they really have no clue how it works and their regulations, their drilling moratorium, killing the keystone pipelines, fossil fuels are the fuels of th...

For pumping more oil as he demands, and phil says we are getting drilled. it is remarkable, phil, but we are interested in getting oil from outside sources but not here. >>guest: that is right. and i will tell you what, last year the president said we want to buy your oil but what message did that send to the oil industry? the u.s. oil workers and the people that are out of jobs? he is saying we want to create jobs, we want to, at home, ham string our u.s. energy industry and take away the so-called tax breaks and make it harder if them to do business and put on drilling moratorium and what yo...

Across the country how this administration has shown determined disregard for the law. and that is a phrase that came from one of the judges that the 5th circuit court of appeals upheld when they were having to deal with the obama administration flaunting the law on the drilling moratorium. they know how it operates and they are making them pay a price and it's a good thing. >> this is unprecedented because it is in the middle, you know, the court hasn't even decided here. and he can make his opinions known. he's free to do so. but it's at the time when this decision is not final. it seems to ...