It's Drill Drill Drill in the Age of Obama

Two pieces of good news today for those of us who are thankful for the glories of hydrocarbon-based energy supplies and wish to see ever more supplies of affordable energy that enables our modern world to hum and our living standards to rise. First, the province of Alberta is lowering its grab in an effort to encourage more investment in energy development. Second, new Virginia Governor Bob McDonnell has signed a law that positions Virginia as the first state poised to allow and encourage drilling offshore in the Atlantic. It's not an ultimate victory but it is an important step. Who woulda thunk it, after only a year into the Obama administration, "Drill Drill Drill" seems to be breaking out all over!!

Bonus: it seems like literally every day they are finding more oil offshore Brazil. Funny what happens when you actually look for oil...