Wednesday, May 06, 2009

Obama White House said to be exploring oil drilling deal to help stuck-in-the-political-mud global warming bill

From May 6, 2009 Energy Daily:

[Rep. Gene ]Green also confirmed a story published in the May 4 edition of The New Yorker that the White House is considering adding a provision to the legislation to allow limited offshore oil and natural gas production—a move seen as boosting support

from Oil Patch lawmakers. “The president said we need to produce more domestic hydrocarbons—oil and natural gas,” Green said. “He said we’re not going to drill everywhere, because there are some areas that need to be protected, but he said we need to produce more oil and gas.”


[from the New Yorker original]:

Obama’s White House is filled with former members of Congress and congressional staffers. They are legislative strategists and dealmakers, and these days they often use the phrase “grand bargain” when asked how they expect to achieve their ambitious agenda. The senior White House official told me that they were exploring an energy deal that would include a “serious” and “short-term” increase in domestic production—perhaps opening up for oil exploration places like the waters off the coast of California—that would appease the “Drill, baby, drill” crowd, while also adopting a cap-and-trade plan that could take effect one or two (or more) years after 2012, which is when Obama’s current plan would start. “You need to have something like T. Boone Pickens and Al Gore holding hands on a broad compromise,” the official said. Such a plan wouldn’t look much like the one in Obama’s budget proposal—more like a third cousin than like a sibling, let alone a twin—but, unlike his current plan, it could get through Congress.

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