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President Talks About Energy--Words Don't Match Reality

 

Today, President Obama announced a new energy strategy-and even sounded a little like an Energy Citizen at times.

We agree:

  • Cut imported oil by 1/3 within a decade.
  • Oil will be "an important part of our energy portfolio for some time," and we need to find and produce more oil at home. 
  • "Producing more oil in America can help lower oil prices, can help create jobs, and can enhance our energy security, but we have to do it in the right way."

 

This all sounds good, but the President did make some claims where we would like to set the record straight:

His claim that he is "working to expedite new drilling permits for companies" is contradicted by the facts. 

 

The Department of the Interior has issued a measly 7 permits since lifting the moratorium-the unnecessarily slow pace is unreasonable, job killing, and prohibitive.

 

The President's claim that oil companies are sitting on leases they simply refuse to develop, despite the obvious economic incentives to do so at viable sites, is simply untrue.  The Administration should issue the necessary permits for seismic studies and offshore production-and energy producers can respond with increased activity.

 

We look forward to working with all Americans to meet the President's goal to reduce our national dependence on foreign oil-and enhance our economic security at the same time.

Watch the full speech on the White House website.

 

 

 

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