Obama drill bans killing jobs, recovery

“House Republicans on Thursday said the Obama administration’s resource development policies have slowed economic progress by keeping public lands off limits to exploration,” The Hill reports.

“The stop-and-go oil and gas drilling on federally controlled Alaskan lands offers a stark contrast to the rush by firms to drill in North Dakota’s privately owned Bakken shale formation, said Ed Whitfield (R-Ky.), chairman of the House Energy and Commerce subcommittee on Energy and Power.

“‘The main difference between Alaska and North Dakota is that Alaska has far more areas that are federally owned and -controlled. And the Obama administration has substantially cut back on new energy leasing in these federal lands and offshore areas,’ Whitfield said in his opening remarks.

‘North Dakota gives us a glimpse of what would be possible in many other parts of the country if only the feds took the handcuffs off.’”

Go here to read the full article.

The hearing provided another setting for Republicans to lament what they see as Obama’s hard-line position against fossil fuels. They say Obama will slow an economic rebound by limiting oil and gas drilling on federal lands.

Tweet or share this by clicking below.

No comments:

Post a Comment