Saturday, May 14, 2011
Responding to President Obama's Call to Expedite Drilling Plans in the Atlantic Ocean
"To suggest expediting drilling plans in the Mid Atlantic as a means to reduce prices at the pump is a sham. The President ignores federal documents and facts regarding oil supply and prices. His plan misleads Americans into believing that expediting drilling off our shores today will lead to savings at the pump tomorrow, which is simply not true."
"The facts are clear. According to federal energy analyses, immediately extracting all oil from the entire Atlantic Ocean would provide a possible 208 days of supply (based on 2009 U.S. oil consumption levels). The Obama Administration’s own studies prove that the savings at the pump from all offshore drilling will reduce prices at the pump by a tiny 3 cents…20 years from now.
"We’re not buying what President Obama is selling—it’s appalling and not grounded in fact. There are more effective and immediate steps to lowering gas prices such as conservation and reducing exports of domestic petroleum products."
"We who care about the environmental and economic future of this region will not stand by and be a victim to this Administration’s sham of a plan."