President Bush Will Veto Dems Sham Energy Bill… It's a Hoax
On July 10, 2008- Speaker Pelosi told the press that drilling for oil was a “hoax” and wouldn’t help America deal with its energy crisis:
Yesterday, Democrats voted to keep it that way.
The Democratic majority in the US House passed a bill yesterday that stifles development of offshore drilling.
President Bush said he would veto the bill.
The Nashua Telegraph reported:
The House voted late Tuesday to open waters off the Atlantic and Pacific coasts to oil and gas drilling but only 50 or more miles out to sea and only if a state agrees to energy development off its shore.
Democratic leaders called it a step toward energy independence, but Republicans labeled it a “sham” because most of the estimated 18 billion barrels of oil believed to lie below off-limits coastal waters are within 50 miles of land and will remain out of bounds.
The measure passed in a largely party-line vote of 236-189. It now goes to the Senate, where energy will be the topic later in the week.
Even before the House vote, the White House said President Bush was prepared to veto the measure should it reach his desk…
An administration statement said the bill would “stifle development” of offshore energy resources by essentially making permanent drilling bans within the 50-mile coastal buffer, while imposing new taxes on the largest oil companies.
House GOP leaders released a statement after the vote on the Dem’s sham energy bill.
Related… Ace of Spades has more information on the Senate’s Gang of 20 sellouts.
This bi-partisan group is effectively working to block oil development and maximum US energy production.
…Ace includes contact information to the Republican Senatorial Committee:
425 2nd Street NE
Washington, DC 20002
Telephone: (202) 675-6000
UPDATE: Let Freedom Ring has more on the troubling vote.
UPDATE 2: Power Line has more on the sham Democratic bill:
While the Democrats have postured their legislation as a “comprehensive” energy solution that includes more drilling, the truth is the opposite. In fact, the bill extends the current ban on offshore drilling, which otherwise would expire on September 30. Further, it bans drilling within 50 miles of shore, which is where, according to the Institute for Energy Research, the “vast majority of undiscovered oil and gas reserves” are located.
Not only that, it permanently puts off limits most of the Outer Continental Shelf, including almost all of California and the eastern Gulf of Mexico. This is particularly diabolical, since these are the very areas where undeveloped oil and gas are near existing infrastructure and therefore can be brought on line quickly.