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Cassidy Challenges President on Strategic Petroleum Reserve Usage

Press Release

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Date:
Location: Washington, DC

Congressman Bill Cassidy, M.D., joined with 26 other lawmakers in signing a letter to the president, regarding his release of 30 million barrels of oil from the Strategic Petroleum Reserve (SPR). The letter questions why the administration tapped the SPR without adopting a national energy policy that will lessen America's dependence on foreign oil. The letter urges the president to develop America's energy resources and remove onerous permitting regulations on drilling in the Gulf of Mexico.

"It's time to adopt a national energy policy which develops America's natural resources, creates jobs and lessens our dependence on foreign oil. By tapping the Strategic Petroleum Reserve, the administration acknowledged that rising gasoline costs and increased dependence on foreign oil are unacceptable. Yet, the Department of the Interior continues to delay the issuance of new permits for offshore drilling in the Gulf of Mexico.

"The current energy policies damage not only Louisiana's economy but also exacerbate America's energy problems. The president has often expressed interest in alternative energy. These polices can be pursued without ignoring domestic energy resources and the associated good paying jobs."


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