As the one year anniversary of President Bush’s lifting of the offshore energy ban approaches, the Institute for Energy Research asks, “Where’s the Energy?”
As the July 14 anniversary of President Bush’s decision to lift his office’s unilateral ban on offshore energy development approaches, the American people are no closer to accessing those abundant reserves of homegrown energy than they were last July. Recognizing this fact, and seeking an explanation for it, the Institute for Energy Research (IER) today joined more than a dozen other pro-energy organizations in asking the president to move forward aggressively with expanded domestic offshore energy production.
Thomas J. Pyle, president of IER, issued the following statement:
“While the outdated presidential ban on clean, safe domestic offshore energy production may no longer be intact, more action is needed from Washington before the American people can access the energy offshore that’s rightfully theirs. The president has stated time and again that energy security is a chief concern of his administration. Well, this one-year anniversary of the lifting of the offshore ban should serve as a stark reminder to the American people, and to the president and Congress, that energy security will not – and cannot – be achieved without allowing America to produce its vast amounts of energy resources we have right here at home, especially along our outer continental shelf.”