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

Subcommittee Presses Panel on Status of Puerto Rico’s Power Utility Restructuring Agreement

Today, the Subcommittee on Indian, Insular and Alaska Native Affairs held an oversight hearing on the status of the Puerto Rico Electric Power Authority (PREPA) Restructuring Support Agreement (RSA). ...... Read more

Bishop Response to Successful Gulf of Mexico Lease Sale

Today, the Department of the Interior’s Lease Sale 247 for oil and gas parcels in the Gulf of Mexico brought in over $274 million for over 900,000 acres in the Outer Continental Shelf offshore Louisia...... Read more

Reps. Hice and Lowenthal Introduce Bill to Enhance Financial Aid for Mine Cleanup

Today, Representatives Jody Hice (R-GA) and Alan Lowenthal (D-CA) introduced H.R. 1668, the “Bureau of Land Management Foundation Act.” H.R. 1668 establishes a new foundation that will leverage privat...... Read more

View All News

Calendar

Oversight Hearing on ESA Consultation Impediments to Economic and Infrastructure Development
Subcommittee on Oversight and Investigations | 1324 Longworth House Office Building Washington D.C. 20515
View All Events