Justice minister, DGA chief discuss partnership to boost digital judicial services    Netanyahu does not rule out further strikes on Hamas leaders    US farmers are being squeezed – and it's testing their deep loyalty to Trump    Romania condemns 'irresponsible' Moscow after Russian drone breaches its airspace    Kirk's assassination is forcing US politicians to make difficult choices about their safety    India players refused handshakes, says Pakistan coach    Final stage of Spanish Vuelta cycling race abandoned after disruption by pro-Palestine protesters    Mané fires Al Nassr past Al Kholood to keep perfect start as Ronaldo honored    Lacazette brace earns NEOM SC first Saudi Pro League win    Adolescence star Owen Cooper makes Emmys history at 15    Saudi liquidity grows 8.4%, reaching SR3.1 trillion in July 2025    Over 434,000 people acquire first aid skills during nationwide health campaign    Saudi Arabia's legislative advancement highlighted at International Conference on Judicial Training    Sudden swerving among 3 major causes of accidents in Riyadh in 2024    Princess Haifa emphasizes pivotal Saudi role in shaping future of tourism    Sahm Capital names Saudi Olympian Fayik Abdi as brand ambassador    SR9000 fine for copyright infringement using AI    King Charles and Prince Harry finally reunite after 19 months apart    Anastacia: Arnold Schwarzenegger made me sing Whatta Man 12 times    Thousands pay their last respects to Giorgio Armani, private funeral on Monday    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Bush pushes offshore drilling
Published in The Saudi Gazette on 03 - 08 - 2008

President George W. Bush chastised Democrats on Saturday for refusing to allow a vote on whether to lift the federal ban on offshore oil drilling before lawmakers departed for their summer recess.
“To reduce pressure on prices, we need to increase the supply of oil, especially oil produced here at home,” Bush said in his weekly radio address. It was the fourth time this week that he has called for Congress to end the drilling restrictions off the Atlantic and Pacific coasts and in the eastern Gulf of Mexico.
Some of the drilling moratoriums have been in place since 1981 for environmental reasons and concerns that energy development might harm coastal tourist industries.
Bush acknowledged it would be years before any of the oil beneath the offshore waters could be pumped, but he said “lifting the ban would create new opportunities for American workers and businessmen.”
“But the leaders of the Democratic Congress have refused to allow a vote” on whether the drilling moratoriums should be lifted, Bush complained.
Most energy experts and the government's own research agency at the Energy Department have said drilling in the Outer Continental Shelf, which is now off-limits, would have no impact on current gasoline prices and probably would have none for years.
Congressional Democrats have argued that oil companies already have large areas of federal land and waters where they can drill for oil, especially in Alaska and off its coast.
“The president knows ... that the impact of any new drilling will be insignificant, promising savings of only pennies per gallon many years down the road,” says House Speaker Nancy Pelosi, a Democrat who has called the demand to lift the drilling bans a hoax.
Pelosi has refused to bring up for House consideration various Republican proposals to lift the offshore drilling moratoriums that Congress has renewed annually for years.
Senate Majority Leader Harry Reid of Nevada offered to consider a Republican offshore drilling proposals, but when Republicans demanded votes on a number of other energy proposals, the Democrat withdrew his offer.
Congress began its annual August recess on Friday without having enacted any substantive responses to public outcries over high gasoline and other energy costs.
Reid blamed Republicans, who have filibustered a number of energy measures, for the congressional gridlock.
A proposal presented Friday by a bipartisan group of 10 senators - five from each party - would allow oil and gas drilling beyond 50 miles (80 kilometers) of the coast in the South Atlantic and eastern Gulf of Mexico, but leave the ban in place elsewhere.
Bush in his radio remarks also urged Congress to end restrictions on developing shale oil on federal lands in the West and to allow drilling in Alaska's Arctic National Wildlife Refuge.
Bush called these actions “vital steps to help reduce pressure on gas prices,” although none of the actions would produce any new oil for years.


Clic here to read the story from its source.