| A Redefined 'GOP': Get Our Petroleum INVESTOR'S BUSINESS DAILY June 18, 2008 Energy Independence: President Bush asks Congress to lift the 1981 drilling ban on offshore oil. The no-drill Democrats will call it flip-flopping. We call it change you can believe in. IBD Series: Breaking The Back Of High Oil In a speech in Houston on Tuesday that critics dissed as pandering to Big Oil, GOP presidential candidate John McCain said we "must embark on a national mission to eliminate our dependence on foreign oil. . . . But a federal moratorium stands in the way of energy exploration and production. . . . It is time for the federal government to lift those restrictions." McCain previously opposed offshore drilling and remains opposed to oil exploration in the frozen tundra of the Arctic National Wildlife Refuge. But that was before $130-a-barrel oil and $4-a-gallon gasoline, factoids that threaten both our economy and national security. On Wednesday, Bush took the lead, also changing his position somewhat to address the growing energy threat to our security. He asked Congress to lift its 27-year-old moratorium on offshore oil and gas drilling. In 1981, Congress added a rider to a spending bill that barred energy leasing on 85% of the Outer Continental Shelf surrounding the contiguous 48 states. Congress has extended the moratorium every year since by prohibiting the Interior Department from spending money on offshore oil or gas leases in virtually all coastal waters outside the western Gulf of Mexico and in some areas off Alaska. President George H.W. Bush issued a parallel executive order banning drilling in 1990. That was extended by President Clinton and then again by Bush the younger. It extends to 2013. "For many Americans, there is no more pressing concern than the price of gasoline," Bush said Wednesday from the White House Rose Garden. "Truckers and farmers, small-business owners have been hit especially hard. Every American who drives to work, purchases food or ships a product has felt the effect, and families across the country are looking to Washington for a response." The Democratic response has been to call for more taxes on oil companies and to pressure, even sue, OPEC. A group of 10 Democratic senators led by Frank Lautenberg of New Jersey, joined by one independent, on Tuesday called for Bush to file a complaint against OPEC with the WTO. Wow. That'll lower pump prices. The Democrats and their standard bearer, Barack Obama, talk a lot about change, but it seems Republicans have the political courage to change in the face of strategic necessity. As we've said, Democrats are quite content to send half a trillion dollars annually to despots who are not always friendly. "In effect," McCain said Monday, "our petrodollars are underwriting tyranny, anti-Semitism, the brutal repression of women in the Middle East, and dictators and criminal syndicates in our own hemisphere." And that's the way the Democrats want to keep it. Maybe we can't drill our way completely out of our energy dilemma, but we can get every drop of domestic oil we can. American oil for American cars, American factories and American jobs: The GOP wants to drill for it; the Democrats don't. What a simple choice this November. [Read More] |
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gas tax  SmartGreenUSA is committed to continuing environmental progress and Smart-Green initiatives. We are dedicated to pursuing the best science available, to evaluate the costs and economic impact associated with the ideas, products and policies proposed as “green” and to be your voice to remind the government that they are elected to serve the people, not to rule over us. We fought a battle to ensure the right to be governed over 200 year ago. With your help we will continue to fight for your rights. DONATE to SmartGreenUSA Thank you for your generous support to help SmartGreenUSA protect America. "A nation of well informed men who have been taught to know and prize the rights which God has given them cannot be enslaved. It is in the region of ignorance that tyranny begins."
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