Him, by e-mail:
Last week, the Obama administration announced it would release 30 million barrels of oil from the Strategic Petroleum Reserve (SPR). The SPR is normally only used during true emergencies, most recently after Hurricane Katrina and the 1991 Gulf War disrupted our oil supplies – but as the New Orleans Times-Picayune said in an editorial today, “The current conditions are not those kind of emergencies.”
As long as the Obama administration continues to virtually shut down energy exploration here at home, this opening of the emergency reserve will do absolutely nothing to help our long-term supply problem, and it certainly won’t put the Gulf energy industry back to work. We need long-term, expansive domestic energy measures like my plan known as 3-D: The Domestic Jobs, Domestic Energy, and Deficit Reduction Act of 2011. The 3-D Act would unleash America’s vast domestic energy potential to create more than 2 million jobs, $10 trillion in economic activity and $2 trillion in federal tax receipts, according to conservative 30-year estimates.
The Energy Information Administration recently estimated that domestic offshore oil production would decline by 220,000 barrels per day this year due to the effects of the Obama administration’s virtual shutdown of drilling in the Gulf of Mexico. That is equivalent to more than 80 million barrels less oil per year – nearly three times as much as the Obama administration has decided to release from the SPR.
This is now the second time that the Obama administration has admitted that supply is the main problem behind our rising gas prices – first came their encouragement of other countries like Brazil to step up their production, and now comes this move to open our own SPR.
Instead of tapping into our emergency reserves as the Obama administration wants to do, we need to focus on a long-term solution by opening up our proven offshore reserves in the Gulf of Mexico and elsewhere. [emphasis added]
United States Senator
I consider myself forewarned, and I am warning you. Every time I get really tired of the Democrats, a Republican contacts me offering yet worse.