Republicans introduced 3 'drill only' energy bills within a week. These bills are a blatant political attempt to use rising gasoline prices as an excuse to grant enormous, multi-national energy companies access to the Gulf with less oversight and without proper environmental review.Dear Friend,
Right now, across the country, families, workers, and small businesses are feeling the pain of the price at the pump. But just last week, Big Oil reported some of the largest oil profits since 2008.
'Drilling only' is not the answer to gas prices. CNN recently reported, "according to a 2009 study from the government's Energy Information Administration, opening up waters that are currently closed to drilling off the East Coast, West Coast and the west coast of Florida would yield an extra 500,000 barrels a day by 2030 . gas prices might drop a whopping 3 cents a gallon," the study said. [CNN, 4/25/11] And that is years away.
We must invest in American clean energy like solar and wind, as well as electric vehicles and efficient cars. But to help Big Oil, Republicans have voted time after time against clean energy investments to power our future, bring about long term energy independence, and create good jobs here at home.
Instead of working to increase drilling and profits for big oil companies as we know it, we should be working to end taxpayer subsidies for oil and investing in jobs that will create clean, renewable energy.