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Drilling Forward
IBD Editorials ^ | Setptember 24, 2008

Posted on 09/24/2008 5:44:22 PM PDT by Kaslin

Energy: In a stunning defeat, congressional Democrats were forced to allow the quarter-century-old offshore drilling ban to expire. But the fight has only begun, with the struggle now shifting to state legislatures.


Funny how the Democrat-controlled Congress can't get the things it wants enacted, can't even get a single appropriations bill passed, yet minority Republicans this week succeeded in ending a supposedly sacrosanct ban on oil and gas offshore drilling that dates back to the early 1980s.

It was an unexpectedly powerful knockdown of Democrats and their enviro-extremist allies, but they are not yet counted out.

GOP Sen. Jim DeMint of South Carolina noted in a letter to Senate Majority Leader Harry Reid, D-Nev., the possibility that Democrats would "use environmental lawsuits to block exploration until they can reinstate these energy bans after the November elections." DeMint warned Reid that it "would be a major mistake."

So with the ban ending, what are the next moves toward reducing America's dependence on oil from hostile regimes in places such as the Middle East, Russia and leftist Venezuela?

DeMint has introduced a bill to expedite drilling leases, ensure that states share in oil and gas revenues, and prevent frivolous litigation designed to delay exploration for and production of oil.

(Excerpt) Read more at ibdeditorials.com ...


TOPICS: Business/Economy; Editorial
KEYWORDS: congress; drilling; energy; oil

1 posted on 09/24/2008 5:44:26 PM PDT by Kaslin
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To: Kaslin

I thought the dems wanted this to happen? Can someone explain the ramifications of the expiration?


2 posted on 09/24/2008 5:45:34 PM PDT by proudtobeanamerican1 (God Bless Sarah Palin and her Family.)
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To: proudtobeanamerican1

They knew they had to, or the people would throw them out in November. We should still do that anyway imo


3 posted on 09/24/2008 5:47:52 PM PDT by Kaslin (Vote Democrat if you like high gas prices at the pump)
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To: Kaslin

Bush!

Wins!

Again!


4 posted on 09/24/2008 5:52:01 PM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Kaslin
The Dems did it for one reason. It lets Obama off the hook.

But if the Dems win the Congress, they'll install new regulations and kill this drilling. They still don't get it. We will ALWAYS need oil. It's used in every industry and by each and every one of us.

5 posted on 09/24/2008 5:54:19 PM PDT by Sacajaweau (I'm planting corn...Have to feed my car...)
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To: Kaslin

Unelect all the dimocrats who would not get the vote done on this and merely let it expire so that they could take credit for opening up drilling.


6 posted on 09/24/2008 8:21:04 PM PDT by Salvation ( †With God all things are possible.†)
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To: Kaslin

Nice!


7 posted on 09/25/2008 1:24:23 AM PDT by syriacus (Under Bush, Dems controlled the Senate for MOST of the 107th Congress and for ALL of the 110th)
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