Difference between McCain's strategy and Obama's strategy

    • Difference between McCain's strategy and Obama's strategy

      Now that Obama has won the U.S. presidential elections, we in the oil & gas industry can quickly trace back the last few months of talk, campaigns, etc etc

      The general opinion is that McCain is more for opening up the U.S. oil domestic reserves and oil drilling.
      Obama is more for conserving energy and research/work towards alternate energy.

      Above statements are very broad. The specifics should be available in due course.
    • Just for the record, excerpts from the Obama-Biden, New Energy Plan for America..

      • Enact a Windfall Profits Tax to Provide a $1,000 Emergency Energy Rebate to American Families.
      Obama and Biden will enact a windfall profits tax on excessive oil company profits to give American families an immediate $1,000 emergency energy rebate to help families pay rising bills.
      • Crack Down on Excessive Energy Speculation.
      Barack Obama and Joe Biden will close energy industry market loopholes and increase transparency to prevent traders from unfairly lining their pockets, while driving up oil prices at the expense of the American people.
      • Swap Oil from the Strategic Petroleum Reserve to Cut Prices.

      With oil prices doubling in the past year, Barack Obama and Joe Biden believe we have an economic emergency that requires a limited, responsible swap of light oil from the Strategic Petroleum Reserve (SPR) for heavy crude oil to help bring down prices at the pump.

      • A “Use it or Lose It” Approach to Existing Oil and Gas Leases.
      Obama and Biden will require oil companies to develop the 68 million acres of land (over 40 million of which are offshore) which they have already leased and are not drilling on.
      • Promote the Responsible Domestic Production of Oil and Natural Gas.
      An Obama-Biden administration will establish a process for early identification of any infrastructure obstacles/shortages or possible federal permitting process delays to drilling in the Bakken Shale formation, the Barnett shale formation, and the National Petroleum Reserve-Alaska.

      • Prioritize the Construction of the Alaska Natural Gas Pipeline.
        As president, Obama will work with stakeholders to facilitate construction of the pipeline. Not only is this pipeline critical to our energy security, it will create thousands of new jobs.
      • Eliminate the Current Imports from the Middle East and Venezuela within 10 Years

      Worldoils Notes : http://www.worldoils.com/jobs