Home > newsroom > Page
Hastings: Budget Shows Administration has No Intention of Opening Up New Areas for Offshore Drilling


WASHINGTON, D.C., February 3, 2010 - House Natural Resources Committee Ranking Member Doc Hastings (WA-04) delivered the following floor speech today highlighting discrepancies between the President’s rhetoric supporting offshore drilling and his budget that shows declining revenue from new offshore leases:


Click here to watch the video

“Last week, Americans were encouraged when President Obama mentioned offshore drilling in his State of the Union address.

Yet it took only five short days for the President to reveal his true intentions on offshore drilling. 

The President’s budget plan shows revenues from new offshore leases dramatically declining in the next five years.

If more areas are opened to exploration, revenues would increase…not decrease.  Less revenue, means less exploration.

This shows this Administration has no intention of opening up new areas to offshore drilling.

In 2008, the decades-long ban on offshore drilling was ended because the public demanded it. 

As a result, we now have over 500 million ¬new acres available for energy production.

But this Administration is purposely choosing not to act. 
 
The President’s words don’t match his actions.

This Administration’s policies are preventing the creation of millions of new American jobs.

Mr. Speaker, it’s time for America to move forward with an all-the-above-energy plan that includes new offshore drilling.”

# # #

Print version of this document


Contact: Jill Strait (202) 226-2311

Latest News

OP-ED: PROMESA Promises Hope for Puerto Rico and Its Investors

OP-ED: PROMESA Promises Hope for Puerto Rico and Its Investors By Rep. Rob Bishop & Rep. Sean Duffy Chapter 9 bankruptcy isn’t the only option for Puerto Rico With great power comes great responsibil...... Read more

Panel: Obama Administration Relies on Cherry-Picked Science and Non-Transparent Tactics to Justify Overreaching Agenda

Today, the Subcommittee on Energy and Mineral Resources held an oversight hearing to examine deficiencies in regulatory transparency at the Department of the Interior (DOI). Transparency is the corner...... Read more

Committee Announces Field Hearing on Controversial Monument Designation in Maine

On Wednesday, June 1, 2016, at 2:00 PM, in the East Millinocket Town Office, the U.S. House Committee on Natural Resources will hold an oversight hearing on “Elevating Local Voices and Promoting Trans...... Read more

View All News

Calendar

Legislative Hearing on H.R. 3480, H.R. 4202, H.R. 4789 AND H.R. 5244
Subcommittee on Federal Lands | 1324 Longworth House Office Building Washington D.C. 20515
Legislative Hearing on Water Settlements
Subcommittee on Water, Power and Oceans | 1334 Longworth House Office Building Washington D.C. 20515
Investigating the Culture of Corruption at the Department of the Interior
Subcommittee on Oversight and Investigations | 1334 Longworth House Office Building Washington D.C. 20515
View All Events