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Full Committee to Examine Lingering Economic Impacts One Year After President Obama’s Official Gulf Moratorium Lifted


WASHINGTON, D.C., October 5, 2011 - On Wednesday, October 12th the House Committee on Natural Resources will hold a Full Committee oversight hearing on “One Year after President Obama’s Gulf of Mexico 6-Month Moratorium Officially Lifted: Examining the Lingering Impacts on Jobs, Energy Production and Local Economies.”

“Nearly a year ago, the Obama Administration lifted its official offshore moratorium in the Gulf of Mexico that caused hardship for Gulf families and slowed much needed American energy production. This hearing will provide an opportunity to hear from Gulf Coast residents and businesses about the economic challenges they are still facing one year after Gulf of Mexico energy production was supposed to resume,” said Natural Resources Committee Chairman Doc Hastings. “This Administration owes the hardworking people of the Gulf Coast an effective and efficient permitting process that ensures American offshore drilling is the safest in the world while providing timely results.”

"It has been one year since the President lifted his executive moratorium; yet, his Administration still holds Gulf Coast workers hostage with delayed permitting and unnecessary burdensome regulations. American families and businesses need the affordable, reliable energy found in the Gulf of Mexico,” said Rep. Jeff Landry (LA-03). “So I look forward to hearing from the witnesses next week hoping they can explain to us why this Administration defied the experts, issued a moratorium, and continue to delay the permitting process.”

"The effect of President Obama's de facto moratorium is devastating. With American families struggling to make ends meet, we can no longer afford President Obama's destructive energy policy that is purely driven by a liberal ideology rather than the facts. We have the largest energy reserves in the world so let's develop them to lower energy prices and create much needed jobs right here in America,” said Rep. John Fleming (LA-04). “This hearing is the perfect opportunity to highlight the need to create much needed jobs through domestic energy production."

WHAT: Full Committee Oversight Hearing on:
"One Year after President Obama’s Gulf of Mexico 6-Month Moratorium Officially Lifted: Examining the Lingering Impacts on Jobs, Energy Production and Local Economies"

Witnesses to be announced.

WHERE:

1324 Hearing Room, Longworth House Office Building

WHEN: Wednesday, October 12th, 2011
10:00 A.M.

Visit the Committee Hearings section of our website for more information. A witness list and testimony will be posted online once they have been confirmed. The hearing is open to the public and the hearing will be webcast live at http://naturalresources.house.gov/live.

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

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