Congressman Charles W. Boustany, Jr., M.D., (R-South Louisiana) issued the following statement after U.S. Secretary of Energy Steven Chu recently announced the Department of Energy would tap the Strategic Petroleum Reserve and lend 1 million barrels of sweet crude oil to Marathon Petroleum Company to address the short term impact on the company's refining capacity caused by Hurricane Isaac:
"This Administration continues to fly by the seat of its pants on energy policy. While failing to develop a long-term energy plan benefitting our nation, it haphazardly makes decisions based on election year politics instead of sound policy. Rather than endorse practical solutions like the Keystone XL Pipeline, this Administration chooses to waste taxpayer dollars on boondoggles like loan guarantees for Solyndra. Meanwhile, hard-working Americans across the country continue to feel the pain at the pump as gasoline prices rise.
"South Louisiana serves as a hub for national energy interests. Having both offshore and onshore energy reserves close by, our region plays a pivotal role in the discussion on developing long-term energy policies. By voting in favor of job-creating legislation like the Keystone XL Pipeline and the Domestic Energy and Jobs Act, I've consistently advocated to increase supply by promoting energy production. As South Louisiana's leading voice on energy in Washington, I will continue supporting the energy industry until this Administration develops a legitimate energy plan."