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HARPER DENOUNCES ADMINISTRATION’S...

HARPER DENOUNCES ADMINISTRATION’S MOVE TO TAP FUEL RESERVES

By: Magnolia Tribune - March 8, 2011

FOR IMMEDIATE RELEASE
March 7, 2011
Contact: Adam Buckalew
 
HARPER DENOUNCES ADMINISTRATION’S MOVE TO TAP FUEL RESERVES
 
WASHINGTON, DC – U.S. Representative Gregg Harper (R–Miss.), a member of the House Energy and Commerce Committee, released the following statement after the White House hinted at tapping into the Strategic Petroleum Reserves (SPR):
 
“The White House would be ill-advised to reach into our nation’s Strategic Petroleum Reserves. While the escalating price of oil creates hardship and threatens economic recovery, there can be no denial that the President’s energy policies are short-sighted and restrict the advancement of domestic oil production. The same President who is proposing to release government owned petroleum stocks, which are held for national emergencies, has essentially halted offshore drilling by investor owned companies in the Gulf of Mexico. Instead of slowing the approval process for new offshore drilling permits, the President should be promoting increased domestic energy production from oil, renewables, natural gas, clean coal technology and nuclear power – ultimately leading to an energy independent America. Expanding our supply of domestic energy would lower costs, reduce our dependence on foreign oil from nations like Libya and create American jobs. This misstep by the White House is yet another example of the Obama Administration’s failure to enact an effective energy policy.”
 
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Magnolia Tribune

This article was produced by Magnolia Tribune staff.