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 4/10 Good --- blog.heritage.org http://blog.heritage.org/feed/atom
Wednesday, July 23, 2008 --- 29 days ago http://blog.heritage.org/2008/07/23/the-american-energy-act-supply-side-solution
| Congressman John Boehner of Ohio is set to introduce The American Energy Act, which will most importantly increase America’s energy supplies. The bill calls for leasing regulations for offshore natural gas by 2010, removing restrictions for outer continental shelf drilling, and opening up sections of ANWR for drilling. As The Heritage Foundation’s Senior Policy Analyst Ben Lieberman has been arguing this even when gas prices were around $1 a gallon. More energy supplies, not more taxes and regulations, are what this country needs . It’s economics 101: expanding supply is the surest way to lower energy prices, and the quicker Congress moves to open up restricted areas, the quicker more resources will be available. As my colleague Michael Franc writes, it is the first time in awhile House Republicans are leading the charge on producing more in America here at home. Now that gas prices are surpassing $5 a gallon in some states, consumer pressure is causing a number of Members to switch their stance on drilling. Franc notes , Recently, freshman Rep. Steve Kagen (D., Wisc.), who previously voted the environmental line, got religion. “Drill for new oil across America,” he wrote in the Milwaukee Journal-Sentinel. On the Republican side, Maryland conservative Rep. Roscoe Bartlett, who has also opposed drilling, recently co-sponsored a plan to open up the vast oil and gas resources under the Alaskan Coastal Plain for exploration and developmen ... |
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