Tuesday, September 16, 2008

The Return of Nine Percent Nancy

According to an article posted on National Review :
...the House is expected to vote as soon as tomorrow on Democratic legislation that would “allow drilling more than 100 miles from the Atlantic and Pacific coasts, and as close to 50 miles from the shore if coastal states agree to it.”
According to the Institute for Energy Research (IER,) the Pelosi Plan will:
  • Permanently ban access to about 97 percent of the undersea oil lying within 50 miles of the California coast.
  • Continue the ban on energy production in the Eastern Gulf of Mexico.
  • Impose a brand-new ban on oil and gas leases in Alaska’s coastal waters out to 50 miles.
  • Not allow states that approve new leases beyond 50 miles to share royalties with the federal government, thus stripping any financial incentive for states to stand up to environmental pressure groups, who will continue to agitate against any new oil and gas operations offshore.
The Democrat's plan will PERMANENTLY ban all the blue and green, leaving only the red available for drilling and exploration.

Original chart can be found here.

How does taking 97% of the off-shore oil reserves "off the table" break our reliance on foreign-sourced oil? Once the Republican side of the House votes against this ridiculous piece of garbage, the Democrats will use it to deflect criticism away from themselves.

Politics as usual. All the more reason to make sure the Dems lose in November.

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