…but will Congress take the next step to lower gas prices?
President George W. Bush said today he’s lifting a presidential ban on drilling for oil and natural gas on the U.S. Outer Continental Shelf, setting up a showdown with Congress over a separate ban it put in place in the 1980s.
“Today I’ve taken every step within my power to allow offshore exploration of the OCS,” Bush said in a statement at the White House. “This means the only thing standing between the American people and these vast oil resources is action by the U.S. Congress.”
Democratic leaders in both houses of Congress rejected the president’s call, saying the move to end the moratorium would have no effect on prices and better options are available.
The Democrats once again reveal their stupidity and their hypocrisy. Steny Hoyer, who has come out opposing Bush’s actions today, said the following last week:
Now, of course, bringing new resources to market might have, hopefully will have, and we want them to have a reduction in prices.
Why do Democrats want gas prices to stay high? They haven’t proposed anything to address the energy problems we’re facing… All they know how to do is blame Bush for want to do something to lower gas prices.
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