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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (391357)6/16/2008 2:02:16 AM
From: d[-_-]b  Read Replies (2) | Respond to of 1577903
 
Is walker ridge inside or outside the central planning area?



To: bentway who wrote (391357)6/16/2008 2:20:36 AM
From: d[-_-]b  Respond to of 1577903
 
Well there won't be any drilling on the east or west coast any time soon. Conservation is good, but when you reduce individual usage and grow your population they sort of even out - so no net decline in demand has occurred in the USA even though we're able to squeeze more from each barrel.

energycurrent.com

Drilling ban amendment defeated
from Houston
6/13/2008 3:37:19 PM GMT

WASHINGTON, D.C.: Another effort to lift the 27-year moratorium on offshore exploration and production in certain U.S. waters off the east and west coasts has been blocked. A House panel voted this week 9 to 6 along party lines to defeat an amendment to the Interior Dept. spending bill that would have lifted the moratorium between 50 miles (80 km) and 200 miles (322 km) from shore.

The amendment was proposed by Congressman John E. Peterson (R-Pa.).

After the vote, Peterson said, "While the American people continue to endure the pain at the pump, begging Washington for relief, Democrats on the House Appropriations Interior Subcommittee voted to keep the status quo, and continue with 27 years of failed policy that restricts domestic production of oil and natural gas offshore. The amendment I offered today was a clear opportunity for both Democrats and Republicans to come together, in a bipartisan manner, to help stabilize the price of oil and natural gas, and eventually wean our dependence off foreign unstable countries.

"All is not lost however. Today's vote was a clear indication of where nine Democrats and six Republicans stand on increasing American made energy. This amendment would have made available 86 billion barrels of oil and 420 trillion cubic feet of natural gas. Folks, that is the equivalent of 35 years of imported oil from OPEC.

"Rest assured, I will offer this amendment again next Wednesday, when the full House Appropriations Committee meets to mark up the Interior Bill. I expect that in time, the majority of House Democrats and Republicans will find the courage to do what is right for the American people, and unlock these deep-sea resources.

"Americans from all walks of life, geographic location, and background, continue to struggle with every day life because of high energy costs. It is my hope that while we suffered a brief setback today, that the American people will demand more from the Democrat controlled Congress and urge them to lift the Congressional Moratorium, allowing American made energy to flow to the market, bringing relief to the pump and the economy."

House Appropriations Committee Chairman David Obey (D-Wis.), said the Peterson amendment represented a "false dichotomy between protection of our beaches and our wild lands, and energy efficiency."

Obey believes the solution to the nation's energy problems can be found through developing alternative energy sources and promoting energy conservation."We are kidding ourselves if we think we can drill our way out of these problems," Obey said.