Drilling Bills Pass House but Will Face a Tough Crowd in the Senate
by Bill Miller | May 13, 2011
This past week the House of Representatives passed a series of three bills, seeking to expedite and expand offshore drilling through H.R.1229, Putting the Gulf Back to Work Act, and H.R.1231, Reversing President Obama’s Offshore Moratorium Act, introduced by Rep. Doc Hastings (R-WA), Chairman of the House Energy and Commerce Committee.
All bills passed with flying colors in the House, in some cases gaining over three dozen votes from the minority party. However, there have been some pretty harsh predictions of what the bills will face as they move along into the Senate, including the consensus that they are “dead on arrival.”
In an interesting twist, some in Washington are now countering the House’s increased drilling solution with the proposal to remove tax credits to the industry that provides us with American energy sources.
High prices at the pump, less jobs and less American independence, now higher taxes on energy producers? That doesn’t seem to add up.
The impact from delayed permits and drilling bans is real. Not only are jobs being lost, but flawed policies are limiting our access to affordable, reliable energy.
Failure change our current course will lead to more of the same: high gas prices, increased uncertainty, and stagnant unemployment – things that American’s can’t ignore.
We won’t ignore what’s happening either; stay tuned. We will continue to bring you the play-by-play on the road to America’s energy independence.