Congresswoman Cathy McMorris Rodgers has been working towards expanding oil drilling in the Gulf of Mexico in what she claims is an effort to increase supplies and lower gas prices. She voted for H.R. 1231, the Reversing President Obama's Offshore Moratorium Act, which places a new requirement that at least 50% of available unleased be leased.
(5)(A) In each oil and gas leasing program under this section, the Secretary shall make available for leasing and conduct lease sales including--
(i) at least 50 percent of the available unleased acreage within each outer Continental Shelf planning area considered to have the largest undiscovered, technically recoverable oil and gas resources (on a total btu basis) based upon the most recent national geologic assessment of the outer Continental Shelf, with an emphasis on offering the most geologically prospective parts of the planning area; and
(ii) any State subdivision of an outer Continental Shelf planning area that the Governor of the State that represents that subdivision requests be made available for leasing.
Back in March a number of Republican representatives formed the House Energy Action Team (HEAT). They've been working hard to get more drilling done. Tired of high gas prices? Drill!!! Among their many social networking efforts, they put together a video that Cathy McMorris Rodgers was nice enough to tout.
In the meantime, the Consumer Futures Trading Commission, a monitoring and enforcement agency that the House Republicans just voted to reduce their budget by 15%, is charging a couple of oil speculators with manipulating the market, driving up prices and cashing in on the deal. You do remember those high gas prices back in 2008, right?
Speculators are also responsible for the most recent spike in prices. Cathy McMorris Rodgers and her brethren are blind to that but she says she's looking out for her constituents.
I had no idea we had so many oil companies and oil speculators in Eastern Washington.
2 days ago