President Obama's Reversal on Offshore Drilling Hurts United States
By Keith Martin
America's economy is still struggling to gain steam. A new report from the Organization for Economic Cooperation and Development projects that the economy will grow just 2 percent this year. That prediction comes on the heels of a sluggish 0.7 percent growth in the last quarter of 2015.
Unfortunately, President Obama just destroyed a key opportunity to revitalize the economic engine by reversing his plan to open parts of the Atlantic up to new offshore energy development.