Nitwit Democrat's Put Forth Energy Bill Excluding ANWR
The White House on Thursday threatened to veto legislation being considered by the U.S. House of Representatives that would force oil companies to give up undrilled federal leases and ban the export of crude drilled in Alaska.
The bill, which the House was to vote on later on Thursday, has a "use it or lose it" provision that requires oil companies to diligently develop their existing federal leases or turn them back to the government before they could obtain new acres to drill.
"By blocking some firms from competing for new leases, this legislation would further increase gasoline prices that already exceed $4 per gallon and result in unintended consequences due to litigation," the White House said in a statement.
"Even though new leases will take years to develop, oil markets are forward-looking, and an expected decline in future supply will raise prices today," the White House said.
The White House also said it opposed the bill's language banning the export of crude oil produced in Alaska. The Congress allowed exports of Alaskan oil in 1995, but virtually none of the state's crude has been shipped to other countries in the past eight years.
"Such a ban would make virtually no additional oil available to U.S. consumers, and would not lower oil prices that are set in a world market," the White House said. "At the same time, such export restrictions are detrimental to the efficient operation of global energy markets and would send the wrong signal to our trading partners who may face pressure to impose similar trade restrictions."
White House threatens to veto this version of the oil drilling legislation
Pelosi stands firm against offshore drilling
Liberals block effort to help solve the energy crisis ....SIGN PETITION!
Democrats ‘Standing in the Way’ of Domestic Oil Production
Bush Urges Congress to Follow His Lead on Domestic Oil Production
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Oh NO YOU DONT DEMOCRAT'S, Not this time! We want OIL and we want it NOW!
The bill, which the House was to vote on later on Thursday, has a "use it or lose it" provision that requires oil companies to diligently develop their existing federal leases or turn them back to the government before they could obtain new acres to drill.
"By blocking some firms from competing for new leases, this legislation would further increase gasoline prices that already exceed $4 per gallon and result in unintended consequences due to litigation," the White House said in a statement.
"Even though new leases will take years to develop, oil markets are forward-looking, and an expected decline in future supply will raise prices today," the White House said.
The White House also said it opposed the bill's language banning the export of crude oil produced in Alaska. The Congress allowed exports of Alaskan oil in 1995, but virtually none of the state's crude has been shipped to other countries in the past eight years.
"Such a ban would make virtually no additional oil available to U.S. consumers, and would not lower oil prices that are set in a world market," the White House said. "At the same time, such export restrictions are detrimental to the efficient operation of global energy markets and would send the wrong signal to our trading partners who may face pressure to impose similar trade restrictions."
White House threatens to veto this version of the oil drilling legislation
Pelosi stands firm against offshore drilling
Liberals block effort to help solve the energy crisis ....SIGN PETITION!
Democrats ‘Standing in the Way’ of Domestic Oil Production
Bush Urges Congress to Follow His Lead on Domestic Oil Production
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Oh NO YOU DONT DEMOCRAT'S, Not this time! We want OIL and we want it NOW!
posted by Marie's Two Cents | 1:19 PM
4 Comments:
how pathetic these Dems are!...sure lets just be beholden to the Saudis forever!..great work Marie!:)
Angel,
I am not going to stop until we drill HERE!
I dont want to be dependent on the Middle East for anything!
We can have it all, Wind, Solar, Coal, Nuclear, and yes OIL!
The Democrats don't give a rat's A*s about Americans suffering because of their policies. They actually want the price of a gallon of gas to go to eight dollars! I heard a democrat nutjob say that on a video clip on Hannity and Colmes last night. The jerk admitted it!
I'm so ticked off about this issue. Nothing like slitting the throats of the American people to make the Democratic Party happy, is there?
Piss on em all. We need to drill anyway.
Sorry... I very rarely use such language, but sometimes I've just got to let it out or bust!
Gayle,
On MY Blog, feel free to let out your frustrations!
I do!
If you want to cuss, get even, make an idiot leftist a Moron, etc... Feel FREE to do it on my blog :-)
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