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Tuesday, September 16, 2008

House Passes Bill to Expand Offshore Oil Drilling

With everything that's been happening on the oil and gasoline front as it relates to normal folks being able to even pay their bills, the Democrats have the nerve to pull this. Further, Obama drones on about the poor state of the economy, yet his party-mates insist on doing the worst thing possible in a stagnant economy: increase taxes on investment.

The Democrats have had control of both houses of Congress for 2 years now. Are you satisfied with the Dems actions on energy? I am not, especially this nightmare drafted for the sake of politics in an election year.


FOXNews.com - House Passes Bill to Expand Offshore Oil Drilling - Politics | Republican Party | Democratic Party | Political Spectrum:
"WASHINGTON — The House has voted to allow oil drilling off the nation's Atlantic and Pacific coasts if states agree — but only 50 or more miles out. Republicans called the bill a ruse, saying that's well beyond where most of the estimated 18 billion barrels of oil is located.

House Speaker Nancy Pelosi said the bill — approved late Tuesday 236-189 — marked 'a new direction in energy policy' as it also funnels billions of dollars to be collected from new taxes and royalties on large oil companies to promote alternative fuels and energy efficiency in an attempt to move the country away from polluting fossil fuels."

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