Zogby: Obama Needs SEALs To Help With Gas Prices

Skyrocketing Gas Prices “Put the Squeeze” on Small Businesses, New House Majority Taking Action

Posted by Katie Boyd on May 10, 2011

Last night, in his address to the Economic Club of New York, Speaker Boehner talked about how Washington has been part of the problem when it comes to soaring gas prices. “Washington has also kept most of our nation’s vast energy resources under lock and key for decades, over the clear objections of the American people -- the people who own those resources,” he said. The new House majority is committed to addressing gas prices and helping the economy create jobs by rolling back the Administration’s de facto moratorium on American energy.

This week, the House is expected to consider two bills as part of the American Energy Initiative, an effort on the part of the new House majority to stop Washington policies that are driving up gas prices and expand American energy production to help lower costs and create jobs. Here’s a quick summary of both bills, courtesy of the House Natural Resources Committee:

H.R. 1229, the Putting the Gulf Back to Work Act, would end the de facto moratorium on American energy production in the Gulf of Mexico in a safe, responsible and transparent manner by setting firm timelines for considering permits to drill.

H.R. 1231, the Reversing President Obama’s Offshore Moratorium Act, would lift the President’s ban on new offshore drilling by requiring the Administration to move forward on American energy production in areas containing the most oil and natural gas resources.

As these headlines from across the country show, the need to boost American energy production to bring down skyrocketing gas prices and help create more American jobs could not be more urgent. Rising gas prices are putting “the squeeze” on local businesses from Washington to Texas, leaving them “reluctant to hire”:

“Washington Businesses Reluctant To Hire.” “Indeed, the survey shows that local companies are less optimistic about economic conditions, with roughly 40 percent seeing improvement, compared to more than half a year ago. [Denise] Pope [market president for Capital One Bank] suggests the spike in gas prices has tempered enthusiasm as area companies grapple with transportation expenses. ‘The Washington area is geographically spread out and traffic is pretty challenging. For businesses that have trucks out on the road with deliveries, fuel prices are starting to put a strain on them,’ she said.” (The Washington Post, 5/9/11)

http://www.speaker.gov/Blog/?postid=240499

After this bit of legislation was introduced, guess who is NOW in agreement with increasing domestic oil production ....Obooboo!

http://www.voanews.com/english/news/Obama-Promotes-Domestic-Oil-Production-121827404.html

Man, I'll certainly be glad when this klutz is thrown out on his ear in 2012!

John Wayne of NM 11:37PM May 15, 2011