Bush lifts oil drilling ban, wants Congress to act

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BEN FELLER | July 14, 2008 10:53 PM EST | AP

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President Bush makes a statement on drilling for oil on the outer continental shelf, Monday, July 14, 2008, in the Rose Garden of the White House in Washington. (AP Photo/Evan Vucci)

WASHINGTON — President Bush on Monday lifted an executive ban on offshore oil drilling and challenged Congress to follow suit, aiming to turn the enormous public frustration about gasoline prices into political leverage. Democratic lawmakers rejected Bush's plan as a symbolic stunt.

With gas prices topping $4.10 a gallon nationally, Bush made his most assertive move to extend oil exploration, an energy priority of his presidency. By lifting the executive prohibition against coastal drilling, Bush rescinded a White House policy that his own father put in place in 1990.

The move will have no practical effect unless Congress acts, too. Both executive and legislative bans must be lifted before offshore exploration can happen.

Bush had called on Congress a month ago to go first, then reversed himself on Monday. He said the country could no longer afford to wait.

"Failure to act is unacceptable. It's unacceptable to me and it's unacceptable to the American people," Bush said in an event held in the Rose Garden.

"Democratic leaders can show that they have finally heard the frustrations of the American people by matching the action I've taken today, repealing the congressional ban, and passing legislation to facilitate responsible offshore exploration," Bush said.

The president's direct link between record gas prices and offshore drilling glossed over a key point. Even if Congress agreed, the exploration for oil would take years to produce real results. It is not projected to reduce gas prices in the short term. Even the White House routinely emphasizes there is no quick fix.

That did not stop Bush from building his case around today's prices at the pump.

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He said every extra dollar that families must spend on gas is one they could be using to put food on their table or to send a child to school. The American people, he said, are now "waiting to see what the Congress will do."

The White House says that acting now on a long-term solution would send a serious signal to the market that more oil supply will be coming on line. That, in turn, could ease oil prices, advocates say. Business groups and many Republican lawmakers applauded the move to expand the energy supply in the U.S.

Democrats were unmoved.

"The Bush plan is a hoax," responded House Speaker Nancy Pelosi. "It will neither reduce gas prices nor increase energy independence."

Several Democratic leaders in Congress said oil companies are already sitting on millions of acres of public and coastal lands.

Yet a proposal by Democrats to release oil from an emergency reserve has been rejected by the White House as a gimmick that won't reduce prices.

So the election-year stalemate remains.

Congressional Democrats, joined by some GOP lawmakers from coastal states, have long opposed lifting the prohibition that has barred energy companies from waters along both the East and West coasts and in the eastern Gulf of Mexico. A succession of presidents, including the current one, has sided with Congress for each of the last 27 years in barring drilling in these waters.

The main goal has been to protect beaches and coastal states' tourism economies. But Bush says that with today's technology, exploration can be conducted along the Outer Continental Shelf in ways that keep the drilling out of sight and protect the environment.

The congressional ban is renewed yearly, typically as part of a spending bill. The White House said it was too soon to comment on a potential Bush veto.

Under Bush's proposal, states would help decide how drilling would be conducted off their shores. It is unclear how much oil would be available. Bush said it could eventually be enough to produce 10 years' worth of America's current oil production.

Both presidential campaigns weighed in.

Sen. John McCain, the presumptive Republican presidential nominee, called Bush's move "a very important signal" and prodded his Democratic rival, Sen. Barack Obama, to drop his opposition to offshore drilling. "If we can show that we have significant oil reserves off our coasts, that will clearly affect the futures market and affect the price of oil," McCain said.

Obama favors another economic stimulus package that includes energy rebates, as well as stepped up efforts to develop alternative fuels. "If offshore drilling would provide short-term relief at the pump or a long-term strategy for energy independence, it would be worthy of our consideration, regardless of the risks," Obama spokesman Bill Burton said in a statement. "But most experts, even within the Bush administration, concede it would do neither."

Environmental groups also criticized Bush.

The public, though, is growing impatient for answers.

Nearly half the people surveyed by the Pew Research Center last month said they now consider energy exploration and drilling more important than conservation, compared with a little over a third who felt that way only five months ago. The sharpest shift in attitude came from those who had previously viewed exploration as a less important priority, including people who identified themselves as liberals, independents and Democrats.

WASHINGTON — President Bush on Monday lifted an executive ban on offshore oil drilling and challenged Congress to follow suit, aiming to turn the enormous public frustration about gasoline price...
WASHINGTON — President Bush on Monday lifted an executive ban on offshore oil drilling and challenged Congress to follow suit, aiming to turn the enormous public frustration about gasoline price...
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...do we not see what is happening with "oil man" Bush/Chaney".........think golden parachute

    Favorite    Flag as abusive Posted 11:58 AM on 07/14/2008
- ebanks84 I'm a Fan of ebanks84 121 fans permalink

The Brakken Formation

U.S.Oil Discovery- Largest Reserve in the World!

Stansberry Report Online - 4/20/2006 Hidden 1,000 feet beneath the surface of the Rocky Mountains
lies the largest untapped oil reserve in the world is more
than 2 TRILLION barrels. On August 8, 2005 President Bush
mandated its extraction.

[(???) What the!??]

They reported this stunning news: We have more oil inside our borders, than all the other proven reserves on earth. Here are the official estimates:

-8-times as much oil as Saudi Arabia
-18-times as much oil a s Iraq
-21-times as much oil as Kuwait
-22-times as much oil as Iran
-500-times as much oil as Yemen- and it's all right here in the

Western United States.

HOW can this BE!? HOW can we NOT BE extracting this!? Because the democrats and leftwing republicans have blocked all efforts to help America become independent of foreign oil.

That's enough crude to fully fuel the American economy for 41 years straight.

    Favorite    Flag as abusive Posted 11:58 AM on 07/14/2008
- JoJoKewl I'm a Fan of JoJoKewl 32 fans permalink

Help me out here - was Exxon Valdez the Oil company that just landed no-bid contracts in Iraq - or was that Exxon Mobil??? Was Exxon Mobil the big tanker that destroyed Prince Williams Sound, or was that Exxon Valdez??? I get the two confused. Anyway those no-bid oil contracts are the real reason we're in Iraqi Nam and why four thousand young Americans are dead.

    Favorite    Flag as abusive Posted 11:58 AM on 07/14/2008
- janmarbol I'm a Fan of janmarbol 18 fans permalink
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why don't we lift the ban on alternative fuel?

    Favorite    Flag as abusive Posted 11:57 AM on 07/14/2008
- jimpryor99 I'm a Fan of jimpryor99 4 fans permalink

In other words, as always, the Democrats and Liberals are the ONLY ones keeping gas prices so high. Notice the economy has gone south, and fuel prices have soared.....since the Democrats took control of Congress. And yet you still want to elect another one as President. Just amazingly stupid.

    Favorite    Flag as abusive Posted 11:56 AM on 07/14/2008

Yes you are.

    Favorite    Flag as abusive Posted 11:58 AM on 07/14/2008

More lies from the rabid right who have nothing else to say. Dems took over congress but were the fuel prices not up already? We went from a $1.99 when clinton left office to $4.09 in 7 years. I am sure this is the fault of the democrats.

    Favorite    Flag as abusive Posted 12:01 PM on 07/14/2008
- minnehot I'm a Fan of minnehot 8 fans permalink

How long will it take for Obama to 'refine' his position on off-shore drilling?

My vote is a New York Minute.

Yep, a "New Kind Of Politics"

    Favorite    Flag as abusive Posted 12:03 PM on 07/14/2008
- cgpunker I'm a Fan of cgpunker 2 fans permalink

You really don't have a shred of understanding of what's going on with gas and oil prices do you?
Or anything in the economy? Apparently not. Run along and watch Faux News some more.

    Favorite    Flag as abusive Posted 11:58 AM on 07/14/2008

You forget cg, he's getting advice on the economy from a High school graduate who failed every class in college and then dropped out.

    Favorite    Flag as abusive Posted 12:00 PM on 07/14/2008
- jimpryor99 I'm a Fan of jimpryor99 4 fans permalink

Actually, of the two of us, it would appear that I'm the only one that does understand what's going on with gas and oil prices. And the economy.

1. The economy has grown every quarter. Just grew last quarter, and is projected to grow again this quarter. But it is growing at a slow pace. And that slowdown of growth began when the Democrats took over Congress. That's a FACT. Just a little research would show you this, but of course, you'll never research to find the truth.

2. Oil and gas prices have risen at record pace, again since the Democrats took control of Congress. That is also a provable fact. Beyond any argument. And the Democrats are the ones refusing to allow any drilling for AMERICAN oil. The Democrats are the ones refusing to allow the construction of any new nuclear power plants. The Democrats are the ones proposing MORE taxes on gas and oil, to raise the prices even further. Your own Saint, Al Gore, proposed artifically raising the price to $5.00 a gallon years ago. Hmm....

    Favorite    Flag as abusive Posted 12:05 PM on 07/14/2008
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Your entire spiel is nothing but GOP nonsense.

    Favorite    Flag as abusive Posted 12:00 PM on 07/14/2008

He gets paid by the number of times he has the word Democrats and Liberals in his post.

    Favorite    Flag as abusive Posted 12:12 PM on 07/14/2008
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Gee. I thought that it was Boosh who was most powerful and clever and the Dems in Congress who were the wimpy, cut N runners.

Can you make up your mind? Is Bush weak therefore nothing is his fault or is he the most power, strong, smartest POTUS to ever live?

Why is this guy allowing the cut n run Dems out muscle him on the energy issue? Why couldn’t Boosh prevent the Dems from raising the price of crude oil?

What’s wrong with Boosh?

    Favorite    Flag as abusive Posted 12:03 PM on 07/14/2008
- mccabe49 I'm a Fan of mccabe49 5 fans permalink

Hey Jinmp read the headline .. Executive Ban on offshore drilling dumas* what part of executive don't you get??? How did dems keep gas prices high? explain please. Also yeah the economy went south in 2 years sure..... right just a typical Hannity Rush Limbaugh response I would expect from a rightwinger.

    Favorite    Flag as abusive Posted 12:09 PM on 07/14/2008
- ebanks84 I'm a Fan of ebanks84 121 fans permalink

I posted this earlier but it hasn't come out yet, so I'll try it again.

The Bakken Formation has the largest untapped oil reserve in the world, over 2 trillion barrels, estimated cost of $16 a barrel.

This information was told to this administration in August 2005 and has been kept under wraps ever since. We have been drawn into this oil debaucle for NO REASON other than trying to keep us controlled under their fascist regime.

Check this out for clarity:

http://www.energyandcapital.com/aqx_p/4211?gclid=CNOrmZvXv5QCFQGbnAodsipRUQ

    Favorite    Flag as abusive Posted 11:54 AM on 07/14/2008

ebanks : It figures...


-ralph

    Favorite    Flag as abusive Posted 11:58 AM on 07/14/2008

Actually, The Bakken Formation is already being tapped into by the Elm Coulee Field in Montana.

Please see: http://en.wikipedia.org/wiki/Bakken_Formation

Incidentally, in re: to the other postings about the Democrats controlling Congress. That was in name only. Too many Dems continued lock-stepped with Federal Executive whims and ill-considered wishes; which is why I ernestly ask all voters to vote all incumbents out of office in the next election cycle.

    Favorite    Flag as abusive Posted 12:26 PM on 07/14/2008

Look what Americans want is to know that our way of life is going to continue until the Sun decides to go supernova. If we don't blow ourselves up by then wont we need renewable and alternative fuels?

This is what scares me about the Right, they have the mentality, "Make as much money as we can now!" "No matter what the cost to our future generations".
I'm wondering if you (The Right) think your wealth will buy you and your families off this planet and on to another when the S hits the fan?
It sure seems that way :(

    Favorite    Flag as abusive Posted 11:54 AM on 07/14/2008
- incontempt I'm a Fan of incontempt 2 fans permalink

They are trying to find out if roving bands of pissed off poor people with pitchforks can launch them!

    Favorite    Flag as abusive Posted 12:44 PM on 07/14/2008
- Superbus I'm a Fan of Superbus 27 fans permalink
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For those of you who believe conservation is the answer, just remember that conservation alone cannot create more energy.

To the people who conserve energy, take mass transit, turn off their AC, shower only once a week, I think you are to be commended for your efforts.

    Favorite    Flag as abusive Posted 11:52 AM on 07/14/2008
- robodweeb I'm a Fan of robodweeb 126 fans permalink
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Usage: 3 bbl oil

Conserve: 1 bbl oil

Usage: 2 bbl oil, 1 left over

Oh look, I've got more energy!

    Favorite    Flag as abusive Posted 11:59 AM on 07/14/2008
- EinChicago I'm a Fan of EinChicago 36 fans permalink

And if usage is 3bbl oil and production is increase, you get 1 bbl conseved, 1 bbl increased and even more left over. Oh look.

    Favorite    Flag as abusive Posted 12:21 PM on 07/14/2008

If less is needed, less will need to be created, shortbus.

    Favorite    Flag as abusive Posted 11:59 AM on 07/14/2008
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Invading Eyeran can lower energy costs. Isn’t that what the Bush Adm. said prior to invading Eyerack?

We will have cheap gas once we “win” in Eyerack.

Don’t you fret, Superbus.

    Favorite    Flag as abusive Posted 12:05 PM on 07/14/2008
- williamg I'm a Fan of williamg 251 fans permalink
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Lol, shower once a week.

    Favorite    Flag as abusive Posted 12:18 PM on 07/14/2008
- gintheb I'm a Fan of gintheb 8 fans permalink

Bush seems really intent on making an a$* of himself before leaving office.

    Favorite    Flag as abusive Posted 11:52 AM on 07/14/2008
- leduck I'm a Fan of leduck 47 fans permalink
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this is the most heavily explored country in the world
we have more holes then swiss cheese
oil off our coasts is a drop in the bucket compared to what's really needed to a make a dent
or to push back terminal decline

if you want to make a dent, look to the middle east
2/3 of iraq hasn't been explored at all and may have smaller oil fields on the western half of the country
we own it now
the point is, off shore drilling can only make a bump in our depeltion curve
it's not going to save us from anything

in 10 years, when the price is 3 times higher or so, it will lower the price by a few cents
so what

we need high speed rail linking cities
light rail within cities
and cities themselves to be rebuilt around feet

    Favorite    Flag as abusive Posted 11:52 AM on 07/14/2008
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BLASPHEMY!
;-)

    Favorite    Flag as abusive Posted 12:02 PM on 07/14/2008
- JoJoKewl I'm a Fan of JoJoKewl 32 fans permalink

Why aren't the Oil Companies drilllng on the millions of acres they already hold leases on??? They could be drilling RIGHT NOW. They could have started drilling ten years ago. Why didn't they??? Bush is trying to help his clone John W. McBush get votes. Nothing more.

    Favorite    Flag as abusive Posted 11:52 AM on 07/14/2008
- rwe I'm a Fan of rwe 21 fans permalink

Because the oil AIN"T where they hold the leases..... NOW IF THEY EXCHANGE those leases for the areas where oil is known to be ... more land can be uses as refuges. Again , No oil spills during Katrina and Reba,, the refineries are at 85% capacity and are less a pollutant danger than sunbathing,,, coal can be burned and mined cleanly and there is a mother lode in Southern Illinois... Nuke plants and solar and wind (if it is Ok with Ted and Kerry)

    Favorite    Flag as abusive Posted 12:17 PM on 07/14/2008
- KPinSEA I'm a Fan of KPinSEA 11 fans permalink

One can only hope that when the Yellowstone supervolcano goes off, the winds are blowing straight toward Crawford, TX ..... Earth really needs some payback on this clown.

    Favorite    Flag as abusive Posted 11:51 AM on 07/14/2008

That photo-op "ranch" will be sold as soon as they leave office.

    Favorite    Flag as abusive Posted 11:59 AM on 07/14/2008

Yep. Laura was saying that they are planning on settling down in Dallas. Amazing how Shrub does not like to clear brush anymore.

    Favorite    Flag as abusive Posted 12:08 PM on 07/14/2008
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Amen, you got that right! The only thing he is doing is trying to convince people he is trying to fix the problems that he and his sorry A$$ cronies created. What a pathetic loser. I hope they all get the payback that is owed to them for stealing so much from so many people.

    Favorite    Flag as abusive Posted 12:04 PM on 07/14/2008

It seems he's also trying to pin the problems he created on the Democrats.

    Favorite    Flag as abusive Posted 12:41 PM on 07/14/2008

Don't forget Bush bought a huge ranch in Paraguay (and is building an adjacent airbase).

    Favorite    Flag as abusive Posted 01:23 PM on 07/14/2008
- firewmn I'm a Fan of firewmn 63 fans permalink
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*

I am curious as to who is doing the exploring and if the companies doing this are either Northrupgruman, Haliburton related or an outsource from another country..?? Anybody know?



I'm sure somebody has been waiting secretly in the wings with baited breath..

*

    Favorite    Flag as abusive Posted 11:51 AM on 07/14/2008
- SmellyOne I'm a Fan of SmellyOne 28 fans permalink
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I am very, very pro Alternative Energies. I believe we can have more freedom as individuals and as a country if we stopped using so much oil, and I think the Free Market is leading us in that direction.

Having said that, I still can't think of a reason NOT to drill in ANWAR and off the shores of Florida.

If everyone acknowledges that the drilling won't bring the price down, then there won't be a problem with the economics of advancing Alternative Energies.

And when you poo poo the numbers (timeline, percentage of energy use, cost of getting the oil), you are essentially poo pooing the numbers for Alternative Energies, too. It will take many years to realize the impact that solar has on the economy and energy supply. The percentages of solar energy will be low for awhile. But that doesn't mean we shouldn't do it!

There is no really good argument againset going to get the oil, besides the environmental impact, and really... that's not much of an argument.

    Favorite    Flag as abusive Posted 11:49 AM on 07/14/2008

Conservation would have a much more immediate effect.

    Favorite    Flag as abusive Posted 11:53 AM on 07/14/2008
- SmellyOne I'm a Fan of SmellyOne 28 fans permalink
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You're right... and high prices will force that.

    Favorite    Flag as abusive Posted 12:12 PM on 07/14/2008
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Watch the documentary "Oil on Ice," and I think you will at least see that those who have a stake in preventing drilling in ANWR feel that their case is very compelling, and worth fighting for....

    Favorite    Flag as abusive Posted 11:57 AM on 07/14/2008
- SmellyOne I'm a Fan of SmellyOne 28 fans permalink
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FIne, but NO ONE is talking about those issues... they are all naysaying based on the price of gas...

    Favorite    Flag as abusive Posted 12:09 PM on 07/14/2008
- turfkiller I'm a Fan of turfkiller 5 fans permalink

There is only so much money and instead of being invested for alternative and infrastructure investment, it will flow to drilling by investors knowing that the price of crude has to go up as the American public will have no alternative.

    Favorite    Flag as abusive Posted 11:58 AM on 07/14/2008
- SmellyOne I'm a Fan of SmellyOne 28 fans permalink
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I think the Free Market is bringing enough and will bring more MONEY to Alternative Energies, no matter what new drilling for oil we do.

We all agree that the new drilling won't dent the price!!!! It's not going to distract money from investors!!! Enough investors will see the emerging market of Solar and Wind and put their money there. If someone wants to invest in oil, let them.

    Favorite    Flag as abusive Posted 12:08 PM on 07/14/2008

Right. Then once we start drilling, since the new oil won't come online for another 10 years, we get to wait at least that long before congress will allow us to start looking into Alternative Energy again. The only real effect of drilling for this oil is to give our ruling class an excuse to delay funding for Alternative Energy and conservation programs.

    Favorite    Flag as abusive Posted 12:46 PM on 07/14/2008
- SmellyOne I'm a Fan of SmellyOne 28 fans permalink
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You are wrong to think that we need the government to "allow us to start looking into Alternanative Energy".

Have you heard of the Free Market? Have you looked into what people are doing on their own to create a market for AE?

http://blog.regularenergyfreedom.com/2008/06/17/dont-wait-for-the-government-to-deal-with-the-energy-crisis.aspx

    Favorite    Flag as abusive Posted 01:02 PM on 07/14/2008
- yngcelt I'm a Fan of yngcelt 2 fans permalink

It's ironic how the same leftists in this country who bitch and moan about the price of gas, our dependence on foreign oil and accuse the President of doing nothing about it also complain about the proposal of drilling our OWN oil thereby reducing the price of gas and our dependence on foreign oil with the President taking action. I mean, congress is obviously not going to do a damn thing but sit on their hands except to vote "aye" when it comes to their own payraises.

    Favorite    Flag as abusive Posted 11:49 AM on 07/14/2008
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I don't hear anyone bitching about the land-based drilling that started in S. Dakota and other western areas. The point about not drilling in protected areas is that those areas are protected for a good reason, and WILL NOT significantly alter the current situation on fuel prices.

So all of you "drill-mongers" would have us expend what we have been protecting simply to give into oil companies and morally bankrupt politicians for a moment's worth of insignificant supply increase--many years down the road--and a bump in the polls--that won't change the election outcome--and none of this will help anyone right now.

Simply brilliant...so, after you've drilled and destroyed what you can't recover for a corporate-driven goal that offers you no relief from high fuel prices, what then?

    Favorite    Flag as abusive Posted 12:06 PM on 07/14/2008
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Man you really need some serious help. You need to wake up and smell the coffee.

    Favorite    Flag as abusive Posted 12:12 PM on 07/14/2008
- mccabe49 I'm a Fan of mccabe49 5 fans permalink

It is moronic that you cannot even read a headline and don't get that there was an executive ban on drilling in Anwar and offshore of FLA what is wrong with you rightwingers do you need to go back to school and think about this who was in Control in Congress before the dems got in? Oh that's right for almost eight years we had a repub majority in Congress and a Repub President so I guess they could have done something years ago like 8 years ago. And since it will take at least ten years before we see the results of this drilling who is to blame????

    Favorite    Flag as abusive Posted 12:16 PM on 07/14/2008
- Temsi I'm a Fan of Temsi 17 fans permalink
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1. that's not what irony means.
2. off shore drilling will do little to lower prices, see my longer response on that above.
3. This is not "taking action". This is pandering.

    Favorite    Flag as abusive Posted 12:36 PM on 07/14/2008
- pizzmoe I'm a Fan of pizzmoe 20 fans permalink

Have you ever heard of "alternative" sources of energy? Why is this all about drilling for something somewhere? There are so many sources of energy that are not fossil fuel, but as long as people like Shrub are in the pockets of the oil companies, those sources will not be exploited. Only the people will.

    Favorite    Flag as abusive Posted 12:54 PM on 07/14/2008
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