Home > newsroom > Page
Chairman Hastings: Obama Administration Needs to Permit Expanded American Drilling and Maintain Strategic Reserve for True Emergencies


WASHINGTON, D.C., June 23, 2011 - House Natural Resources Committee Chairman Doc Hastings (WA-04) released the following statement after the Obama Administration announced a release of 30 million barrels of oil from the Strategic Petroleum Reserve:

“The Strategic Petroleum Reserve is intended for situations when there’s a dramatic supply shut down, not to achieve short-term political gain. However, this is a clear admission from the Obama Administration that increasing domestic oil supplies will help lower costs. Unfortunately, for the past two and a half years, the Obama Administration has consistently blocked efforts to expand American energy production and has actively placed moratoriums on domestic development. This release will only cover a fraction of the oil production lost from the Gulf of Mexico due to the Administration’s moratorium and permitting delays. The Administration’s anti-American energy policies have left the United States increasingly vulnerable to the whims of the world oil market and OPEC’s erratic decisions on oil supply. Rather than tap the SPR, weakening our domestic security should a real supply disruption occur, we should look to develop our true oil reserves in the Gulf, Alaska, the Outer Continental Shelf and our public lands in order to create jobs, lower prices, reduce our dependence on unstable foreign energy, and strengthen our national security.”

###

Printable PDF of this document


Contact: Jill Strait, Spencer Pederson or Crystal Feldman 202-226-9019

Latest News

Proposed Legislation Aims to Ensure Input of Local Communities in Federal Land Management Decisions

Today, the Subcommittee on Federal Lands held a legislative hearing on the discussion draft of “Locally-elected Officials Cooperating with Agencies in Land Management Act (LOCAL Management Act).” The ...... Read more

Environmental Laws Threaten Safety in Borderland Communities

Today, the Subcommittee on Oversight and Investigations held a hearing on impediments imposed by federal land management regimes in securing the international borders of the United States. Federal lan...... Read more

Federal Land Management Agency’s Duplicative Regulation Acts in Opposition to Its ‘Stated’ Purpose

Today, the Subcommittee on Energy and Mineral Resources held an oversight hearing on a recent regulation issued by the Bureau of Land Management (BLM) regarding methane on federal lands. While the BLM...... Read more

View All News

Calendar

Legislative Hearing on H.R. 3565, H.R. 3839, H.R. 4233, H.R. 5132
Subcommittee on Federal Lands | 1324 Longworth House Office Building Washington D.C. 20515
Local and State Perspectives on BLM’s Draft Planning 2.0 Rule
Subcommittee on Oversight and Investigations | 1324 Longworth House Office Building Washington D.C. 20515
View All Events