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Harsher energy regulations coming in Obama's second term

Reuters -- (Reuters) - Energy companies likely will see more regulation during President Barack Obama's second term, with less access to federal lands and water even as the administration promotes energy independence.
With a pledge to cut oil imports by half by 2020, Obama advocated during the campaign for what he called an "all of the above" approach to developing a range of domestic energy sources. He said, however, that he would roll back subsidies for oil companies and reduce the nation's reliance on oil by mandating production of more fuel-efficient vehicles.
"You are going to have less access to federal lands and tougher government agencies," said Dan Pickering, chief investment officer at TPH Asset Management in Houston.
Obama's energy strategy over the last four years has shifted away from fo

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Submitted Nov 07, 2012 By: mastermariner

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52MPG Champion Author Dayton Posts:7,277 Points:1,744,630 Joined:Apr 2006	Message Posted: Nov 9, 2012 1:30:43 AM Ignore 52MPG Report Abuse No surprise.
bston Champion Author Oklahoma City Posts:1,830 Points:644,975 Joined:Mar 2011	Message Posted: Nov 8, 2012 11:39:20 PM Ignore bston Report Abuse We may not like the outcome!
LetemEatCake Champion Author Oklahoma City Posts:5,615 Points:1,207,555 Joined:Mar 2008	Message Posted: Nov 8, 2012 10:00:51 PM Ignore LetemEatCake Report Abuse Good! Time to move forward.
MAJB Sophomore Author Indianapolis Posts:226 Points:109,560 Joined:Oct 2005	Message Posted: Nov 8, 2012 5:51:09 PM Ignore MAJB Report Abuse And we will pay a huge price! [Edited by: MAJB at 11/8/2012 6:51:37 PM EST]
TruthMatters Champion Author New Jersey Posts:2,525 Points:536,460 Joined:Oct 2011	Message Posted: Nov 8, 2012 10:42:11 AM Ignore TruthMatters Report Abuse For someone who hasn't done much (except sneaking by Obamacare under our noses) during his first term, don't count on it. More smooches with those b-word on the View maybe, but not much else.
LanguageMan1 Champion Author Tampa Posts:11,738 Points:1,664,715 Joined:Apr 2008	Message Posted: Nov 8, 2012 6:13:11 AM Ignore LanguageMan1 Report Abuse I'd imagine so.
SUNOIL Champion Author Toledo Posts:5,260 Points:1,928,930 Joined:Jul 2007	Message Posted: Nov 8, 2012 6:04:25 AM Ignore SUNOIL Report Abuse Careful what you ask for, cause we have to pay for it
danny999 Champion Author Florida Posts:8,738 Points:1,641,985 Joined:Oct 2008	Message Posted: Nov 8, 2012 5:05:05 AM Ignore danny999 Report Abuse Obummer wil ruin this country.
agr964 All-Star Author Fresno Posts:623 Points:71,370 Joined:Aug 2008	Message Posted: Nov 8, 2012 1:06:29 AM Ignore agr964 Report Abuse Total garbage. Obama's war on the economy continues. Yet somehow there are people out there that think he is helping.
bston Champion Author Oklahoma City Posts:1,830 Points:644,975 Joined:Mar 2011	Message Posted: Nov 7, 2012 11:19:53 PM Ignore bston Report Abuse What did they expect?
bston Champion Author Oklahoma City Posts:1,830 Points:644,975 Joined:Mar 2011	Message Posted: Nov 7, 2012 11:18:19 PM Ignore bston Report Abuse What did they expect?
ExplorerWA Champion Author Washington Posts:4,093 Points:800,075 Joined:Feb 2011	Message Posted: Nov 7, 2012 10:33:09 PM Ignore ExplorerWA Report Abuse Higher fuel prices are coming.
JCS319 Champion Author Tacoma Posts:20,479 Points:2,545,330 Joined:Dec 2005	Message Posted: Nov 7, 2012 10:22:20 PM Ignore JCS319 Report Abuse Sure - right. Keep on drinking the kool-aid.
SparkieMi Champion Author Kalamazoo Posts:3,277 Points:591,330 Joined:Sep 2011	Message Posted: Nov 7, 2012 9:41:12 PM Ignore SparkieMi Report Abuse TIME WILL TELL!!!!!
hank1326 Champion Author Los Angeles Posts:8,924 Points:1,736,510 Joined:Jun 2008	Message Posted: Nov 7, 2012 9:27:16 PM Ignore hank1326 Report Abuse Let's see if the President is going to lead or to control for this second term.
southrob Champion Author Tucson Posts:3,615 Points:691,100 Joined:Mar 2011	Message Posted: Nov 7, 2012 9:20:35 PM Ignore southrob Report Abuse gas goin up!!!
kcboy Champion Author Utah Posts:3,983 Points:1,510,725 Joined:Jun 2005	Message Posted: Nov 7, 2012 9:18:57 PM Ignore kcboy Report Abuse ok
texashoudini Champion Author Austin Posts:2,627 Points:1,098,365 Joined:Jun 2009	Message Posted: Nov 7, 2012 9:16:12 PM Ignore texashoudini Report Abuse Energy stocked dropped today, as well as about everything else.
PDQBlues Champion Author San Diego Posts:7,089 Points:1,451,250 Joined:Jan 2009	Message Posted: Nov 7, 2012 9:12:41 PM Ignore PDQBlues Report Abuse As much as the American people, to protect their life and health, requires reasonable regulations on these massive oil corporations, I doubt that anything will be done with the legislation being split.
Ahking Champion Author Orange County Posts:3,522 Points:606,375 Joined:May 2011	Message Posted: Nov 7, 2012 8:54:29 PM Ignore Ahking Report Abuse It takes a long time to build an infrastructure. The long we linger in the old, the longer it takes to get to the new.
TomT2Lee Champion Author Cincinnati Posts:5,362 Points:1,599,705 Joined:Sep 2005	Message Posted: Nov 7, 2012 8:10:37 PM Ignore TomT2Lee Report Abuse Isn't it grand how governmental powers grow at exponential rates?
CVA19 Champion Author Salem Posts:2,393 Points:612,200 Joined:Aug 2011	Message Posted: Nov 7, 2012 8:07:07 PM Ignore CVA19 Report Abuse And so it continues. There is no longer an electoral tether on Obama.
schvanda63 Champion Author Lansing Posts:1,324 Points:265,880 Joined:Mar 2008	Message Posted: Nov 7, 2012 8:01:12 PM Ignore schvanda63 Report Abuse Dust off your bicycles and walking shoes. You wanted him again, you got him.
FortVancouver01 Champion Author Washington Posts:1,180 Points:290,745 Joined:Jul 2012	Message Posted: Nov 7, 2012 7:50:35 PM Ignore FortVancouver01 Report Abuse More political hype, even after the election. I agree, the subsidies need to be rolled back...
SammyAdams Champion Author Tallahassee Posts:3,071 Points:795,710 Joined:Nov 2010	Message Posted: Nov 7, 2012 7:40:03 PM Ignore SammyAdams Report Abuse To: Kowkisser Re: Message Posted: Nov 7, 2012 7:21:26 PM (Printed below) "I thought Conservatives would be ecstatic that he wants to cut gov't subsidies to business. I guess they like gov't subsidizing the oil industry. Hypocrites." =========================================================== Below, (FYI) Kowkisser, is a definition of "subsidy". sub·si·dy [suhb-si-dee] Show IPA noun, plural sub·si·dies. 1. a direct pecuniary aid furnished by a government to a private industrial undertaking, a charity organization, or the like. 2. a sum paid, often in accordance with a treaty, by one government to another to secure some service in return. 3. a grant or contribution of money. 4. money formerly granted by the English Parliament to the crown for special needs. True conservatives ARE opposed to granting sudsidies to any business. An example of a government subsidy would be when the FED LOANS money to a company where it never intends to get it back (Like Solyndra). Subsidies involve "theft", because a government does not have any money of its own without first taking it from one party and then giving it to another. You might call it a redistribution of wealth (socialism); something akin to "legalized plunder". Another example of a subsidy would be when a government gives money to those who purchase an EV. This is like welfare for the rich, since poor families cannot afford such extravagance. On the other hand, a "tax deduction" is when a government allows a company which invests money in a business venture and who LOSES this investment (such as an oil company which comes up with a "dry" well) to recapture this money in the form of a deduction from their tax liability to said government. This is to encourage such expenditures of money which is given to ALL mining operations (not just oil companies) in order to create jobs, make the cost of energy more affordable, etc. So you see, Kowkisser, Conservatives DO, in fact, dislike "subsidies" but LIBERALS (who rail against oil companies for taking legitimate tax deductions and term them as "subsidies") actually PROMOTE the government's giving of subsidies (especially to themselves). Hypocrites.
Eugenian Champion Author Oregon Posts:1,878 Points:365,055 Joined:Oct 2009	Message Posted: Nov 7, 2012 6:46:05 PM Ignore Eugenian Report Abuse Good!
VomVom Champion Author Calgary Posts:3,857 Points:1,627,080 Joined:May 2007	Message Posted: Nov 7, 2012 6:33:08 PM Ignore VomVom Report Abuse He was re-elected democratically by Americans. He can most definitely introduce harsher regulations. Just pray that he does not flush another $90 billion down the toilet on his dogmatic renewable energy program giving loan guarantees to companies like Solyndra and Solar 1.
ToolinIt Champion Author Colorado Posts:1,803 Points:889,820 Joined:May 2010	Message Posted: Nov 7, 2012 6:25:21 PM Ignore ToolinIt Report Abuse @Buckytjones - Very well stated!
Kowkisser Champion Author Albany Posts:1,013 Points:366,890 Joined:May 2008	Message Posted: Nov 7, 2012 6:21:26 PM Ignore Kowkisser Report Abuse I thought Conservatives would be ecstatic that he wants to cut gov't subsidies to business. I guess they like gov't subsidizing the oil industry. Hypocrites.
milespergallon Champion Author Illinois Posts:9,764 Points:1,912,260 Joined:Feb 2007	Message Posted: Nov 7, 2012 6:11:17 PM Ignore milespergallon Report Abuse Translation = get ready to take it in the shorts
listerone Champion Author Boston Posts:3,390 Points:881,465 Joined:Aug 2008	Message Posted: Nov 7, 2012 6:06:24 PM Ignore listerone Report Abuse Great news.In the interest of "climate change" I'm willing to commute by pogo stick.
BuckyTJones Champion Author Salt Lake City Posts:4,932 Points:967,950 Joined:Mar 2010	Message Posted: Nov 7, 2012 5:58:39 PM Ignore BuckyTJones Report Abuse "The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America . Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools such as those who made him their president."
jimedB Veteran Author Riverside Posts:415 Points:80,540 Joined:Jun 2012	Message Posted: Nov 7, 2012 5:41:39 PM Ignore jimedB Report Abuse What are we supposed to believe? When Bush was President they said it would take 10+ years to get new oil into production but now it will happen in the next four years?
pliskin Champion Author Syracuse Posts:6,095 Points:1,734,805 Joined:Apr 2005	Message Posted: Nov 7, 2012 5:37:10 PM Ignore pliskin Report Abuse The headline says it all, that could almost be a direct quote from Pres. Obama's recent speeches this past Summer!
mazdaboy Champion Author Portland Posts:7,903 Points:2,101,180 Joined:Aug 2003	Message Posted: Nov 7, 2012 5:35:06 PM Ignore mazdaboy Report Abuse Bring on Natural Gas.
playtimeCLE Champion Author Cleveland Posts:8,575 Points:1,547,300 Joined:Nov 2008	Message Posted: Nov 7, 2012 5:35:04 PM Ignore playtimeCLE Report Abuse I can not believe this guy got reelected... I bet some of you can not believe I just said that... lol... [Edited by: playtimeCLE at 11/7/2012 6:36:06 PM EST]
wz Champion Author Twin Cities Posts:2,499 Points:1,280,040 Joined:Feb 2009	Message Posted: Nov 7, 2012 5:34:39 PM Ignore wz Report Abuse Obama's attack on fossil fuels will be stepped up, now that he doesn't have another election to plan for.
humancry Champion Author Michigan Posts:4,618 Points:1,002,455 Joined:Nov 2006	Message Posted: Nov 7, 2012 5:31:54 PM Ignore humancry Report Abuse we will see
WIWalt Champion Author Wisconsin Posts:1,744 Points:418,655 Joined:Mar 2012	Message Posted: Nov 7, 2012 5:30:06 PM Ignore WIWalt Report Abuse No moe Bush blameing Everything that happens from now on is on Obama,not Bush anymore.
humblepie Champion Author Toledo Posts:34,333 Points:2,374,295 Joined:Mar 2006	Message Posted: Nov 7, 2012 5:29:51 PM Ignore humblepie Report Abuse and we are ALL gonna pay a lil more.................
SUNOIL Champion Author Toledo Posts:5,260 Points:1,928,930 Joined:Jul 2007	Message Posted: Nov 7, 2012 5:29:50 PM Ignore SUNOIL Report Abuse Keep moving Forward.
Pramodsharma Champion Author Richmond Posts:1,979 Points:389,115 Joined:Feb 2012	Message Posted: Nov 7, 2012 5:29:33 PM Ignore Pramodsharma Report Abuse Casino owners should be taxed 90%, because they have not raw material cost, They milk rich like milking bulls and snatch from others. No mercy.
The_DR Champion Author New Jersey Posts:2,800 Points:587,990 Joined:Aug 2011	Message Posted: Nov 7, 2012 5:28:58 PM Ignore The_DR Report Abuse ok
Panama Red Champion Author San Diego Posts:11,087 Points:2,501,215 Joined:Jun 2004	Message Posted: Nov 7, 2012 5:22:49 PM Ignore Panama Red Report Abuse 4 more years; yuk!!
Harry813 Champion Author Iowa Posts:3,020 Points:664,790 Joined:Jul 2011	Message Posted: Nov 7, 2012 5:20:32 PM Ignore Harry813 Report Abuse I knew that was coming....
brutherruther Veteran Author Fort Worth Posts:435 Points:237,540 Joined:Mar 2012	Message Posted: Nov 7, 2012 5:17:38 PM Ignore brutherruther Report Abuse Ok
RAE344 Champion Author Virginia Beach Posts:3,081 Points:664,445 Joined:Jun 2011	Message Posted: Nov 7, 2012 5:17:30 PM Ignore RAE344 Report Abuse A campaign promise that I think he will keep.
Mr.Dirt Champion Author Albany Posts:8,381 Points:2,512,325 Joined:Mar 2004	Message Posted: Nov 7, 2012 5:17:15 PM Ignore Mr.Dirt Report Abuse lets see what happens first
pmanning7843 Champion Author Georgia Posts:1,691 Points:340,915 Joined:Jun 2012	Message Posted: Nov 7, 2012 5:15:21 PM Ignore pmanning7843 Report Abuse same old
N5EXY Champion Author Austin Posts:5,507 Points:1,513,005 Joined:Jul 2004	Message Posted: Nov 7, 2012 5:11:09 PM Ignore N5EXY Report Abuse Insanity!