Recommended Tests

Bush to lift executive ban on offshore drilling


WASHINGTON - In another push to deal with soaring gas prices, President Bush on Monday will lift an executive ban on offshore drilling that his stood since his father was president. But the move, by itself, will do nothing unless Congress acts as well.

The president plans to officially lift the ban and then explain his actions in a Rose Garden statement, White House press secretary Dana Perino said.

There are two prohibitions on offshore drilling, one imposed by Congress and another by executive order signed by former President Bush in 1990. The current president, trying to ease market tensions and boost supply, called last month for Congress to lift its prohibition before he did so himself.

But Perino said Bush no longer wants to wait. She pinned blame on the leaders of the Democratic Congress, noting that no action has been taken on this issue.

"They haven't even held a single hearing," Perino said. "So we are going to move forward, and hopefully that will spur action by the Congress."

Asked if Bush's action alone will lead to more oil drilling, Perino said, "In terms of allowing more exploration to go forward? No, it does not."

The president, in his final months of office, has responded to record gas-prices with a series of proposals, including more oil exploration. None would have immediate impact on prices at the pump, according to White House officials, who say there is no quick fix. But starting action now would help, they say.

Bush's proposal echoes a call by Republican presidential candidate, Sen. John McCain, to open the Continental Shelf for exploration.

Congressional Democrats have rejected the push to lift the drilling moratorium, accusing the president of hoping the U.S. can drill its way out a problem.

Bush says offshore drilling could yield up to 18 billion barrels of oil over time, although it would take years for production to start. Bush also says offshore drilling would take pressure off prices over time. In addition, the president has proposed opening the Arctic National Wildlife Refuge for drilling, lifting restrictions on oil shale leasing in the Green River Basin of Colorado, Utah and Wyoming and easing the regulatory process to expand oil refining capacity.

Congressional Democrats, joined by some GOP lawmakers from coastal states, have opposed lifting the prohibition that has barred energy companies from waters along both the East and West coasts and in the eastern Gulf of Mexico. A succession of presidents, from Bush's father — George H.W. Bush — to Bill Clinton, have sided against drilling in these waters, as has Congress each year for 27 years. Their goal has to been to protect beaches and coastal states' tourism economies.

yeah it happened already, he lifted the executive ban, but there is still a congressional ban on it so the move was really symbolic. I don't think oil companies should waste time building new offshore oil platforms when as soon as obama gets into office there is gonna be more focus on alternative energy. Even bush said in his speech on the issue that one day cars wont run on gas. bush does get credit for tryin to do something at least.

The amount of time it would take to find oil offshore, and then build the infrastructure to get it, would not help us any time soon,

Obama shifts, says he may back offshore drilling By MIKE GLOVER, Associated Press Writer
1 hour, 20 minutes ago
 


ST. PETERSBURG, Fla. - Democratic presidential candidate Barack Obama said Friday he would be willing to support limited additional offshore oil drilling if that's what it takes to enact a comprehensive policy to foster fuel-efficient autos and develop alternate energy sources.

Shifting from his previous opposition to expanded offshore drilling, the Illinois senator told a Florida newspaper he could get behind a compromise with Republicans and oil companies to prevent gridlock over energy.

Republican rival John McCain, who earlier dropped his opposition to offshore drilling, has been criticizing Obama on the stump and in broadcast ads for clinging to his opposition as gasoline prices topped $4 a gallon. Polls indicate these attacks have helped McCain gain ground on Obama.

"My interest is in making sure we've got the kind of comprehensive energy policy that can bring down gas prices," Obama said in an interview with The Palm Beach Post.

"If, in order to get that passed, we have to compromise in terms of a careful, well thought-out drilling strategy that was carefully circumscribed to avoid significant environmental damage — I don't want to be so rigid that we can't get something done."

Asked about Obama's comment, McCain said, "We need oil drilling and we need it now offshore. He has consistently opposed it. He has opposed nuclear power. He has opposed reprocessing. He has opposed storage." The GOP candidate said Obama doesn't have a plan equal to the nation's energy challenges.

In Congress, both parties have fought bitterly over energy policy for weeks, with Republicans pressing for more domestic oil drilling and Democrats railing about oil company profits. Despite hundreds of hours of House and Senate floor debate, lawmakers will leave Washington for their five-week summer hiatus this week with an empty tank.

"The Republicans and the oil companies have been really beating the drums on drilling," Obama said in the Post interview. "And so we don't want gridlock. We want to get something done."

Later, Obama issued a written statement warmly welcoming a proposal sent to Senate leaders Friday by 10 senators — five from each party. Their proposal seeks to break the impasse over offshore oil development and is expected to be examined more closely in September after Congress returns from its summer recess.

The so-called Gang of 10 plan would lift drilling bans in the eastern Gulf of Mexico within 50 miles of Florida's beaches and in the South Atlantic off Virginia, the Carolinas and Georgia, but only if a state agrees to the oil and gas development along its coast. The states would share in revenues from oil and gas development.

Drilling bans along the Pacific coast and the Northeast would remain in place under this compromise.

The plan also includes energy initiatives Obama has endorsed. "It would repeal tax breaks for oil companies so that we can invest billions in fuel-efficient cars, help our automakers re-tool, and make a genuine commitment to renewable sources of energy like wind power, solar power, and the next generation of clean, affordable biofuels," Obama noted.

"Like all compromises, it also includes steps that I haven't always supported," Obama conceded. "I remain skeptical that new offshore drilling will bring down gas prices in the short-term or significantly reduce our oil dependence in the long-term, though I do welcome the establishment of a process that will allow us to make future drilling decisions based on science and fact."

Nevertheless, Obama said the plan, put forward by mostly moderates and conservatives led by Sens. Kent Conrad, D-N.D., and Saxby Chambliss, R-Ga., "represents a good faith effort at a new bipartisan beginning."

Earlier in the day, Obama pushed for a windfall profits tax to fund $1,000 emergency rebate checks for consumers besieged by high energy costs, a counter to McCain's call for more offshore drilling.

The pitch for putting some of the economic burden of $4-a-gallon gasoline on the oil industry served a dual purpose for Obama: It allowed him to talk up an economic issue, seen by many as a strength for Democrats and a weakness for Republicans, and at the same time respond to criticism from McCain that Obama's opposition to offshore drilling leads to higher prices at the pump.

In linking McCain to the unpopular President Bush, Obama struck a theme from Ronald Reagan's successful 1980 campaign against President Jimmy Carter by asking a town-hall audience in St. Petersburg: "Do you think you are better off than you were four years ago or eight years ago? If you aren't better off, can you afford another four years?"

Obama primed the crowd by noting new government figures showing 51,000 jobs lost last month and citing 460,000 jobs lost over the last seven months. He tied other bad economic news from the Bush administration to McCain and offered his energy program as one route to relief.

"This rebate will be enough to offset the increased cost of gas for a working family over the next four months," Obama said during a two-day campaign swing in Florida. "It will be enough to cover the entire increase in your heating bills. Or you could use the rebate for any of your other bills, or even to pay down your own debt."


 

Couldn't pass this up!