On Way Out, Barry Gives Putin A Present

[easyt65]

On his way out, Obama cedes Arctic energy control to Russia

"Barack Obama seems determined to leave some unpleasant going away presents for his successor on the domestic energy front. Before leaving office, the President has modified the agreement for future oil exploration leases to eliminate nearly all Arctic sites.

Needless to say, the energy industry isn’t exactly ecstatic over this. (Politico)

President Barack Obama is throwing up roadblocks to Donald Trump’s pledges to expand offshore drilling, with a new plan that will declare parts of the Arctic off-limits.

Obama’s Interior Department on Friday issued its final five-year road map for offshore oil and gas drilling that took two areas in the Arctic out of contention, dealing a win to environmental groups and obstructing a path to new offshore drilling in the area. The plan is vulnerable to being unraveled by Trump, who has pledged to expand oil and gas production, but it would take at least a few years for him to do so."

On his way out, Obama cedes Arctic energy control to Russia - Hot Air

 

[Auld Phart]

Drat,

I was hoping he was going to give them California.

 

[tyroneweaver]

Be sure to remind the northeast of this if they have a cold winter and run out of #2 heating oil.
Obama loves to freeze old people especially
Figures they're a drain on the economy.

 

[tyroneweaver]

On his way out, Obama cedes Arctic energy control to Russia

"Barack Obama seems determined to leave some unpleasant going away presents for his successor on the domestic energy front. Before leaving office, the President has modified the agreement for future oil exploration leases to eliminate nearly all Arctic sites.

Needless to say, the energy industry isn’t exactly ecstatic over this. (Politico)

President Barack Obama is throwing up roadblocks to Donald Trump’s pledges to expand offshore drilling, with a new plan that will declare parts of the Arctic off-limits.

Obama’s Interior Department on Friday issued its final five-year road map for offshore oil and gas drilling that took two areas in the Arctic out of contention, dealing a win to environmental groups and obstructing a path to new offshore drilling in the area. The plan is vulnerable to being unraveled by Trump, who has pledged to expand oil and gas production, but it would take at least a few years for him to do so."

On his way out, Obama cedes Arctic energy control to Russia - Hot Air

This will make the price go up on all petroleum products. Oil, gas, fertilizers.
But of course Trump will get the blame and not the causer.