Home > blog > Page
Chairman Hastings Discusses Tapping the Strategic Petroleum Reserve and American-made Energy on FOX Business
Posted by Neal Kirby on 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:

    Post a Comment
    Fill out the fields below to submit a comment

    Latest News

    Bishop Statement on Interior's Decision to Rescind Hydraulic Fracturing Rule

    Today, the Department of the Interior (DOI) announced its plan to rescind the Bureau of Land Management’s (BLM) hydraulic fracturing rule. Chairman Rob Bishop (R-UT) issued the following statement: “I...... Read more

    Bishop Statement on Senate Confirmation of Interior Deputy Secretary David Bernhardt

    Chairman Rob Bishop (R-UT) issued the following statement after the U.S. Senate voted to confirm David Bernhardt as Deputy Secretary of the Department of the Interior: “Deputy Secretary Bernhardt has ...... Read more

    House Passes King Cove Road Land Exchange Act

    Today, the House passed H.R. 218, the “King Cove Road Land Exchange Act” (Rep. Don Young, R-AK), legislation to facilitate a life-saving road for the isolated community of King Cove, Alaska. The bill ...... Read more

    View All News

    Calendar

    Oversight Hearing "Assessing Current Conditions and Challenges at the Lyndon B. Johnson Tropical Medical Center in American Samoa"
    Indian, Insular and Alaska Native Affairs | 1324 Longworth House Office Building Washington D.C. 20515
    Full Committee Markup
    Full Committee | 1324 Longworth House Office Building Washington D.C. 20515
    Full Committee Markup
    Full Committee | 1324 Longworth House Office Building Washington D.C. 20515
    View All Events