No Oil Drilling? Again? What's up with this?

Ken Salazar

"Virginia’s plan to be the first East Coast state to have oil drilling off its shores was scuttled Wednesday after Interior Secretary Ken Salazar let it be known that new drilling leases will be a long time coming."    LoudounTimes.com -JOHN

My Thoughts:

1.  This will decrease our Energy Independence and therefore reduce out National Security.
2.  This will prevent jobs or cause jobs to be lost when we are spending Billions to try and create jobs.
3.  This will decrease Oil supply and thereby put upward pressure on Oil Prices.
4.  To reduce the risk of a spill, put some unemployed oil engineers to work improving safety.
5.  Who is pulling the strings of the Administration.

BOYDSTRATEGY.COM

If you would like John or Rosemarie Boyd to speak to your group or organization on financial planning or investment strategies contact Rosemarie at rboyd@boydstrategy.com or call her at 508-754-3226. The comments on this blog do not represent individual Investment, Tax or Legal Advice, and do not represent an offer to buy or sell any security. Consult the appropriate professional before acting on any idea seen here.