Ted Poe: “Private industry is creating solutions to protect the Gulf of Mexico because the government really doesn't create…”

“Private industry is creating solutions to protect the Gulf of Mexico because the government really doesn't create anything. Government just stops things from being created like jobs. ExxonMobil, Chevron, ConocoPhillips, and Shell Oil have announced a new coordinated plan. They're building a new emergency oil spill containment system to protect the Gulf of Mexico. Their deepwater rapid response system will capture and contain oil in a blowout emergency. It will be engineered to be used in underwater depths of up to 10,000 feet and under different weather conditions as well. The initial capacity will contain 100,000 barrels of oil a day. These oil industry leaders have committed $1 billion to the initial cost. Engineering, procurement, and construction will begin immediately. ExxonMobil has taken the lead on behalf of the other companies. This is great news for drilling in the Gulf of Mexico. American private industry is taking the lead. The administration needs to end the moratorium on drilling and get out of the way and quit killing jobs in the Gulf of Mexico. And that's just the way it is.”