A 27-year-old federal moratorium has prevented offshore drilling in most coastal waters except parts of the Gulf of Mexico.
Virginia lawmakers have expressed interest in pursuing drilling, particularly for natural gas.
Peterson, who is retiring next year, said offshore drilling could provide enough oil to replace Middle East oil imports for 35 years. He said the plan would also yield an 18-year supply of natural gas.
“There is no valid reason for Congress to continue keeping Americans from the offshore resources they own,” Peterson said.
But Democrats, who control Congress, said offshore drilling would have no immediate effect on the price of gasoline and would do little to lower the world price of oil.
“We are kidding ourselves, as we routinely do in this town, if we think we can drill our way out of this problem,” said Rep. Dave Obey, D-Wis.
…”The American people are going to have a lot to say about this,” said Rep. Jerry Lewis, R-Calif., the ranking Republican on the full House Appropriations Committee.
In 1995 Congress passed a bill authorizing oil exploration in the Alaskan National Wildlife Refuge (ANWR). Bill Clinton vetoed it, and one of the arguments advanced by the Dems against the bill was that it would take 10 years before we would begin to get oil from ANWR. That would have been 2005 which means that today we would be pulling about a million barrels a day of American oil out of ANWR.
Just a few months ago Congress once again voted against drilling in ANWR, and once again Dems like Chuckie Schumer told us it would take 10 years before we would get oil in ANWR.
Today the Dems voted against offshore oil drilling, and one of the main reason was that it wouldn't have an immediate effect on gas prices.
Apparently, unless something will give them immediate gratification, they won't vote for it. They're all 3-year olds.
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