They call it "expanded offshore leasing", and it's the Dems' latest attempt at legislation designed to keep you poor and stupid about energy.
CORE's Roy Innis:
"Drafted largely by environmentalists and lobbyists, the legislation would have undermined our free market system and given Congress and bureaucrats the power of Roman emperors to give thumbs up or down to companies, industries and jobs. It would have made lobbyists and pressure groups more important to business success or failure than quality products and services, innovative R&D or sound management.Our energy woes have nothing to do with technology or the will of oil companies to lease and drill. They’re due to politics, moratoriums, lawsuits and anti-drilling pressure-group tactics that block drilling everywhere we turn. We’re fed up with it.
This anti-energy insanity has got to stop. We’re the only country on Earth that deliberately locks up its own energy resources, and then spends $700 billion a year (the price of the Wall Street bailout) to import substitutes. We’re driving up energy prices and forcing poor families to choose between buying a gallon of milk or a gallon of gasoline. If Congress can’t get its act together this year, we’ll make darn sure it gets religion next year."
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