Angie Craig: “Just because gas prices are falling at this moment, we should not walk away from an opportunity to continue to build…”

“Just because gas prices are falling at this moment, we should not walk away from an opportunity to continue to build reserves and known reserves in the gulf and other areas, for the U.S. Geological Survey says it is phenomenally plentiful. The well Senator Landrieu just talked about at the 28,000-foot level has contributed mightily to an unbelievable drop in gas prices over the last month and a half, coupled with the lack of storms. Yes, other things are going on. But the reality is that the American producer now knows less of their potential is not at risk because it is under the control of the United States. It has taken that $20 risk figure off the top of a barrel of oil, dropping it into the low sixties range or high fifties range. That is what is reducing the price at the pump. I hope this Senate and the House will recognize the potential of building U.S. domestic reserves that are safe, out of harm's way, out of the way of the political, fragile nature of other countries of the world.”