On the recordJuly 26, 2011
The amendment that I bring would take $420,000 from the Secretary of the Interior's account and move it into the spending reduction account to reduce the Nation's deficit. And the reason that we're doing this is that, over the last year since the Deepwater Horizon exploded, the administration came out with a policy not long after that imposed a moratorium on drilling, a moratorium that was found by Federal courts to be outside of the law. The administration unfortunately went forward with that moratorium, costing thousands of American jobs, hurting America's energy security. But even after the lifting of the moratorium, they still maintain what they call a permitorium, a refusal to issue permits to explore in the Gulf of Mexico for American energy. Not only does it cost our Nation tens of thousands of jobs, but it also costs us energy security where now we're even more dependent on Middle Eastern countries for oil. It's led to higher prices of gasoline at the pumps. It's had devastating impacts. Yet there's been no accountability to the administration for their policies that have led to this destruction of our economic well-being and our energy security as it relates to American energy, and especially as it relates to jobs in the Gulf of Mexico.…





