OLSON VOTES FOR AMERICAN ENERGY AND AMERICAN JOBS
Rep. Pete Olson (R-Sugar Land) voted on a series of bills designed to put the Gulf of Mexico back to work. The first bill, H.R. 1229, sets legal deadlines for the Department of the Interior (DOI) to approve oil and natural gas drilling permits in the Gulf of Mexico. The bill passed in the House yesterday by a vote of 263 to 163, with 28 Democrats supporting the measure.
The second bill, H.R. 1231 would require DOI to proceed with auction leases devised under the 2012-2017 leasing periods, for the development of oil and gas resources in the most geologically productive areas of the Outer Continental Shelf (OCS). The bill passed today by a vote of 243 to 179. These bills would reopen the Gulf of Mexico for energy production and preserve and create American jobs.
"We can start to bring down the high price of gasoline if we immediately open our own resources and end the â€œpermitoriumâ€ on Gulf drilling," Olson said. "The Obama Administration complains about the price of gasoline and rails against American energy producers, but if we tap American energy now we will provide a stable and affordable energy supply, as well as create tens of thousands of good paying American jobs. It also has the added benefit of reducing our reliance on foreign oil. This is a win-win for America."
Gulf Moratorium Statistics
Production: Since 2010, US domestic oil production has decreased by 16%, and further decreases are predicted over the next year. The Department of Energy has predicted a decrease in production by 240,000 barrels of oil a day in 2011, and 200,000 more barrels of oil a day by 2012 in the Gulf region from 2010. As a result of President Obamaâ€™s moratorium, 12 oil rigs have left the Gulf Coast, costing our country jobs and our economy revenue.
Jobs: President Obamaâ€™s moratorium has cost the Gulf Coast region 12,000 jobs since enacted in 2010. The moratorium now threatens an additional 24,532 jobs in the Gulf and 36,000 jobs nationwide if Gulf Coast drilling platforms remain inactive as a result of this policy. (Courtesy of the Natural Resources Committee)