First no offshore drilling, and now discourage any drilling at all

From TheOilDrum, an energy site.

Now changes to the tax law which would make it more expensive for oil and gas companies to operate are being proposed by the Obama administration.

What is the likely outcome? I fear it is an even steeper drop in US produced oil and gas supplies than would otherwise be the case. This drop will come primarily because of the likely impact on small oil and gas companies that dominate the US production market, especially for natural gas.

If you are not worried now, when will you start

From an article from Powerline, some points.

Barack Obama has added [2 trillion dollars] to the national debt in his first 30 days in office.

Obama's first deficit will amount to more than 12 percent of G.D.P.

The article is more about the way the media is peddling "either deliberate falsehood or impenetrable ignorance", but these points stood out.