Along the same lines of my previous post about whether it was ignorance or evil on the part of the democrats to destroy the country, another report from "Ebo" (evil big oil!)
"Compared to historical trends, pending exploration plans are up by nearly 90%, approvals are down by 85% ,and the approval process has slowed from an average of 36 to 131 days."
But hey, at least we stuck it to Big Oil! Right!? And that's what our 9th grade school teacher told us was important. Fighting the system and sticking it to the man.
Enjoy the decline
It seems America really did lose the Cold War. Russia is now capitalist and America is now socialist. Everyone in the US seems to frown upon real production. The government sector on the other hand, keeps on growing.
ReplyDeleteAmerica needs oil, yet puts up roadblocks to domestic production. Reports like this one, are hard to believe.
This is not just a recession, this is a free fall into the socialist abyss.