House Approves Expanded Oil Production

[GHook93]

Good job house, now you force the President and Democrats in the Senate's hand! They will have to cave and allow us to drill domestically! The speculators will speculate down and oil and gas prices will go down also!

I really don't think the President and Senate Democrats are dumb enough to strike this one down. Since Americans are hurting at the pump and it will be way too much attack ammo for the Republicans!

House Approves Bill to Lift Drilling Moratorium - FoxNews.com
The House of Representatives voted to open more of the nation's oceans for oil and gas exploration on Thursday by a vote of 243 to 179.

The "Reversing President Obama's Offshore Moratorium Act," requires the Interior Department to set a production goal of three million barrels of oil per day for its 2012-2017 leasing plan.

In order to reach that target, the legislation requires the department to hold lease sales off the coast of Southern California, in the Arctic Ocean, off Alaska's Bristol Bay, and in the Atlantic Ocean from Maine to North Carolina.

Republicans say that the bill, along with two other drilling measures passed earlier this month, would create 1.2 million jobs and lower the price of oil. The Congressional Budget Office says that the offshore lease sales would generate $800 million in revenue over ten years

 

[Stephanie]

I really don't think the President and Senate Democrats are dumb enough to strike this one down. Since Americans are hurting at the pump

Don't count on it. They don't care the people are hurting.

 

[GHook93]

I really don't think the President and Senate Democrats are dumb enough to strike this one down. Since Americans are hurting at the pump

Don't count on it. They don't care the people are hurting.

Way too much exposure, even the cracked out welfare receiptants will be saying WTF! This gas price are hurtin everyone big and small!

 

[Stephanie]

I really don't think the President and Senate Democrats are dumb enough to strike this one down. Since Americans are hurting at the pump

Don't count on it. They don't care the people are hurting.

Way too much exposure, even the cracked out welfare receiptants will be saying WTF! This gas price are hurtin everyone big and small!

It's not just gas prices, have you seen the price of food lately?

 

[GHook93]

Don't count on it. They don't care the people are hurting.

Way too much exposure, even the cracked out welfare receiptants will be saying WTF! This gas price are hurtin everyone big and small!

It's not just gas prices, have you seen the price of food lately?

Unfortunately yes! I have three little ones, milk alone is killing me!

But gas is much much different. People will blame the no drill now or ever people for this. And this will be a very identifiable point. Food prices they will still blame other place, such as GWB!