September 16, 2008
The House [Democrats] introduced new energy legislation late last night. Finally…right? The House also wants to bring the 290-page bill, which can be found here, to the floor today. You think the 435 Members in the House of Representatives are going to meticulously read all 290 pages? A bill that makes fundamental changes to thousands of pages of earlier energy bills as well as the tax code. Please
[no modifications are allowed to this bill, which was introduced last night, this bill is a pile of dung that DEMOCRATS think they can slip by us, while claiming to ACT on the energy crisis, the reality is otherwise]
...
We can’t be that hasty. Just because the bill mentions drilling doesn’t mean it’s a good bill. The “compromise†bill would set a permanent ban on drilling within 50 miles of the coast while allowing states to decide whether they want to drill or not between 50 and 100 miles. But thanks to the Institute for Energy Research, let’s check out where the oil actually is. The bill would:
• Permanently ban access to 97% of the 10.5 billion barrels off the California coast. Then, California gets to decide whether to produce just 3% of its resources.
• Continue the ban on the Eastern Gulf of Mexico, an area with an estimated 3.65 barrels of oil and 22 trillion cubic feet of natural gas
• Institute a first-ever 50 mile ban off the coast of Alaska.
Posted by: WordMarvin at
10:43 PM
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