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

Bishop Statement on the Passing of Former Delegate from American Samoa Faleomavaega Eni Hunkin

Chairman Rob Bishop (R-UT) issued the following statement upon news of the passing of Faleomavaega Eni Hunkin, former and longest serving Delegate from American Samoa in the U.S. House of Representati...... Read more

ONRR Suspends Controversial Midnight Royalty Valuation Rule Finalized Under Obama Administration

The Department of the Interior announced they will postpone the implementation of the Office of Natural Resources Revenue’s (ONRR) “Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation R...... Read more

Regulatory Reform Order a Paradigm Shift to Empower People Over Bureaucracy

Today, President Donald J. Trump signed an Executive Order requiring every federal agency to establish a Regulatory Reform Task Force to enforce the administration’s regulatory reform agenda. Chairman...... Read more

View All News

Calendar

Oversight Hearing on Modernizing Western Water and Power Infrastructure in the 21st Century
Subcommittee on Water, Power and Oceans | 1324 Longworth House Office Building Washington D.C. 20515
View All Events