The United States is too reliant on foreign oil and should expand domestic drilling, Sen. Lisa Murkowski, R-Alaska, said in the party's weekly address Saturday.
The average price for a gallon of regular gas in the country has risen by 40 cents to $3.50 in the past month, and Murkowski, the lead Republican member of the Senate Energy and Natural Resources Committee, said President Barack Obama's Democrats needed to take action.
"If energy prices keep climbing, our nation could slip back into recession just as we're finally emerging from the last one," Murkowski said.
She called for a loosening of a moratorium on deep-water drilling Obama imposed after last year's Gulf of Mexico oil spill.
"America now imports 11 million barrels of oil every day," she said. "Last year alone, we spent more than $330 billion on foreign oil, much of it in countries that are not our friends.
"Republicans know that it's past time to produce more of America's oil."
Source
Showing posts with label Driilling Permits. Show all posts
Showing posts with label Driilling Permits. Show all posts
Saturday, March 12, 2011
Monday, October 4, 2010
BP (NYSE:BP) Won't Pay Shallow-Water Drilling Workers
With the Obama administration's disastrous oil moratorium in the Gulf, many workers have been taking a beating, and BP (NYSE:BP) has rightly stated at this time they're not going to pay for those out of work because of Obama's policies.
It's not that the oil moratorium explicitly stops drilling in shallow water, it's the fallout from the slowing permitting process which is the culprit behind hundreds of lost jobs in that segment of the industry.
Sen. Mary Landrieu (D, La.) blames the Obama administration for the job losses, saying it's a "de facto moratorium" on new drilling permits which is behind it.
Landrieu added, "It may be the federal government that has to step up and provide relief to the shallow-water rig workers that they've put out of business."
Responding to a request by Landrieu to pay for the shallow-water workers, BP said through fund spokesman Mukul Verma, that after paying for deepwater workers starting in the early part of 2011, there probably won't be enough money left over for shallow-water workers.
It's not that the oil moratorium explicitly stops drilling in shallow water, it's the fallout from the slowing permitting process which is the culprit behind hundreds of lost jobs in that segment of the industry.
Sen. Mary Landrieu (D, La.) blames the Obama administration for the job losses, saying it's a "de facto moratorium" on new drilling permits which is behind it.
Landrieu added, "It may be the federal government that has to step up and provide relief to the shallow-water rig workers that they've put out of business."
Responding to a request by Landrieu to pay for the shallow-water workers, BP said through fund spokesman Mukul Verma, that after paying for deepwater workers starting in the early part of 2011, there probably won't be enough money left over for shallow-water workers.
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