INDEX
- Vote 'NO!' to Government Regulation of Privacy at The Economist
- FCC Stalls on Internet Regulation; Asks for More Comments
- Why was the Volcker Commission Constrained by Obama’s Tax Pledge, but not the Simpson-Bowles?
- Daily Media Spotlight September 2, 2010
- Harry Reid Looks to Resurrect RES During Lame-Duck
- Calculating the Cost of Government (CFA Site »)
Thursday, September 2, 2010
- Daily Media Spotlight September 1, 2010
-
Obama Tax Commission Report:
Baby Step Toward IRS Tax Preparation - Dina Titus Launches False Attack Ad on Joe Heck and the Taxpayer Protection Pledge
- Indiana LaunchesTransparency Website (CFA Site »)
- Rally for Jobs Kicks Off Today in Texas
Wednesday, September 1, 2010
- Daily Media Spotlight August 31, 2010
- Let us All Join in on the NOT so “Green Cause”
- California Bag Ban Bill Up for Vote Today
- Norquist to Gov. Pat Quinn: Pick a Flawed Income Tax Hike and Stick With It
- Phil Moffett Signs Taxpayer Protection Pledge in Kentucky Gubernatorial Race
- New Mexico Sets Trends in Transparency Websites (CFA Site »)
Tuesday, August 31, 2010
- Robert Gibbs’s Fuzzy Tax Hike Math
- Daily Media Spotlight August 30, 2010
Monday, August 30, 2010
- 2011 Could Be Ugly for Nevada Taxpayers
- Lame Duck Governor Ed Rendell Not Going Gently Into That Good Night – New Call for Higher Taxes
- Happy Cost of Government Day, California
- Bay Staters Spent 239 Days Paying for Government Burdens in 2010 (CFA Site »)
- Washington Welcomes Cost of Government Day (CFA Site »)
Friday, August 27, 2010
- Spill Commission Should Lift Moratorium Which Has Cost Gulf Residents 12,000 Jobs and $2.1 Billion
- Daily Media Spotlight August 26, 2010
- Why is Dan Onorato Knowingly Misleading Pennsylvania Voters?
- Unions plan on spending big this election cycle
- Utah Tobacco Sellers Feeling the Impact of Tax Hikes
Thursday, August 26, 2010
- Daily Media Spotlight August 25, 2010
- WI Democrats Launch “Blatantly False” Attack on Sean Duffy
- Unions plan on spending big this election cycle (AWF Site »)
- Philly's New Blog Tax May Foreshadow Other eTaxes
- BNA: For 14 States, Existing Tax Code Leaves Room for Etax (Stop eTaxes Site »)
- Philly's $300 Blogger Tax (Stop eTaxes Site »)
- Cost of Government Day Arrives in the Commonwealth
- Pennsylvania Finally Celebrates Cost of Government Day
Wednesday, August 25, 2010
- California Budget Proposal Advocates eTax (Stop eTaxes Site »)
- Daily Media Spotlight August 24, 2010
Tuesday, August 24, 2010
- Daily Media Spotlight August 23, 2010
- Government Workers' Pensions are Underfunded by $3 Trillion
Monday, August 23, 2010
- Fourteen Ways to Reduce Government Spending
- FCC Report on Broadband Performance: A Scare Tactic
- Sen. Al Franken Doesn’t Understand Wireless Networks...or the First Amendment
Friday, August 20, 2010
- Daily Media Spotlight August 19, 2010
Thursday, August 19, 2010
Drill Baby Drill…Just Not There…Or There… Or Over There, Or There either…
From Todd Hollenbeck on Tuesday, November 24, 2009 5:26 PM
As a lifelong Coloradoan I was excited when Obama selected Ken Salazar as his Secretary of the Interior, because then he would no longer be our Senator. As an American, I was sad when Obama selected Ken Salazar as his Secretary of the Interior, because, well, he would be Secretary of the Interior. A new report from the Institute for Energy Research shows that my sadness was justified.
The Department of the Interior recently issued a press release bragging about when a great job they are doing with onshore and offshore oil leases. They have leased 55 million acres in 29 onshore and 2 offshore auctions this year. These leases have collected more then $931 million in revenue. That’s great, Ken, but how much revenue did you get last year from offshore and onshore leases?
Ten. Billion. Dollars. That’s right, this year’s revenues are one-tenth of last year’s revenues. The country is hemorrhaging money on stimulus schemes, borrowing and printing to finance our outrageous debt, and sitting on millions of acres of land that could be earning revenue, creating jobs, and lowering energy costs for hurting American families.
There were fewer onshore acres leased in 2009 than in any previous year. Only 1,028,299 of the 2,888,354 acres were leased and another 77,055 that were leased in Utah in 2008 were rescinded or deferred.
Offshore the numbers are even worse. Only 53 million acres were authorized to be leased and of those only about 2.7 million were leased. The following charts show the offshore acreage offered and leased under the discretion of the Obama Administration. The charts do not include lease sale 208, which Congress mandated under the Gulf of Mexico Energy and Security Act of 2006 and finalized one week before Obama took office. This lease accounted for 65% of the total offshore acreage offered and 70% of the offshore acreage leased. It was also responsible for 74% of the $930 million revenue collected from all leases. The Obama Administration played no part in its sale and was also unable to prevent the sale.
Wasting these valuable resources at a time when Americans need them most is reckless and irresponsible. Secretary Salazar and the Obama Administration are placating the environmentalist fringe and you are paying the price.
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