Home > newsroom > Page
Chairman Hastings Discusses Tapping the Strategic Petroleum Reserve and American-made Energy on FOX Business


WASHINGTON, D.C., June 27, 2011 - On Friday, Chairman Doc Hastings spoke with Eric Bolling on FOX Business about President Obama's surprise decision to release 30 million barrels of oil from the Strategic Petroleum Reserve (SPR). In reaction to the President’s decision, Chairman Hastings said, “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…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.” Watch Chairman Hastings' interview with Eric Bolling below:


Contact: Neal Kirby

Latest News

Bishop: President Ignores Legislative Process in Another Round of Unilateral Monument Designations

Today, President Obama unilaterally designated three new national monuments in the California desert: Sand to Snow National Monument, Mojave Trails National Monument, and Castle Mountains National Mon...... Read more

Investigative Report on EPA’s Gold King Mine Blowout Released by House Committee on Natural Resources Majority Staff

Today, the House Committee on Natural Resources released a Majority staff report detailing information uncovered during the Committee’s ongoing investigation of the EPA’s Gold King Mine blowout near S...... Read more

Bishop: President Obama’s Unilateral Anti-Energy Agenda Will Ultimately be Gutted by the Courts

Yesterday, the Supreme Court stayed the Obama Administration’s Clean Power Plan in a 5-4 decision. Chairman Bishop (R-UT) issued the following statement: “Much of the President’s unilateral agenda, in...... Read more

View All News

Calendar

The 2016 California Water Supply Outlook During the El Niño and Three Years of Restricted Water Deliveries
Subcommittee on Water, Power and Oceans | 1324 Longworth House Office Building, Washington, D.C. 20515
The President’s Imposition of New Environmental Mitigation Regulations
Subcommittee on Oversight and Investigations | 1334 Longworth House Office Building, Washington, D.C. 20515
The U.S. Department of Treasury's Analysis of the Situation in Puerto Rico
Full Committee | 1324 Longworth House Office Building, Washington, D.C. 20515
View All Events