On the recordJune 21, 2012
Mr. Chairman, my Los Angeles district is home to one of the largest urban oilfields in the United States, the Inglewood Oil Field. My constituents suffer from anxiety and stress because of the oil drilling. In 2006, drilling operations were ramped up, and the release of harmful fumes forced nearby residents to evacuate their homes. In April 2012, the County of Los Angeles conducted a study in which over 70 percent of residents living near the oilfields expressed concerns about exposure to emissions from the oilfield. Meanwhile, my colleagues, unfortunately, on the other side of the aisle continue to push for more domestic drilling and relaxed regulations. The bill before us today is based on two claims that appear to have become articles of faith. The claims are that gas prices will fall if we weaken environmental protections and if we open more areas for drilling in the United States. The problem is that there is no empirical evidence supporting these claims. Oil prices are set on a world market, and no amount of domestic drilling in the United States will have a meaningful impact on that price. This isn't spin from some interest groups; this is the conclusion drawn by experts. It has been corroborated by the Associated Press and the Congressional Budget Office. The AP conducted a thorough study of gasoline prices and U.S. oil production over the last 36 years and found zero correlation between the two. In other words, changes in U.S.…
Source
govinfo.gov




