Monday, August 31, 2009

Energy Exploration : Send A Message - Drill Now

The Heritage Foundation wants us to send a message to the Obama administration to open new drilling sites off shore.

Do it today - right now! It's very important so take the time, please.

Edwin J. Feulner, Ph.D.

While the President and Congress have been hard at work trying to nationalize the health care industry, there is another issue they have been avoiding: energy exploration.

» Tell the Obama administration what you think about energy exploration

President Obama’s Department of the Interior has been stalling a plan that would open up 31 new offshore drilling areas. These areas contain an estimated 19 billion barrels of oil, and these initial estimates usually prove to be low. This increase in supply would result in lower gas prices and home heating costs for you and your family.
This important energy exploration program—which is in jeopardy if the Obama administration doesn’t act—would result in:

More American Jobs. According to a 2008 Heritage Foundation study, increasing domestic oil production by one million barrels per day would generate 128,000 jobs. At two million barrels per day, that figure jumps to 270,000.

Increased State Revenues. Increasing America’s domestic oil production would help states that are struggling to close their annual budget deficit. Developing just a portion of our nation’s abundant offshore energy resource base would generate new jobs and billions in additional tax revenue and royalties.

Increased Energy Access. America imports more than 10 million barrels of oil per day, despite holding vast, untapped reserves. No other country in the developed world with access to an outer continental shelf has even considered locking its abundant resources away. America should make full use of the resources available to it.

But instead of actively pursuing this policy to increase America’s energy supply, the Obama Administration has focused its energy policy on a cap-and-trade system.
Instead of lowering costs for families like yours, this policy would tax American energy at a rate so high the average family of four will have to pay over $3000 more in direct and indirect energy costs a year. The impact on the economy would be devastating—millions of jobs and trillions of dollars in the economy will be lost.

But you can speak out. To promote American energy and American jobs, you can submit a comment in support of energy exploration to the Department of Interior at FreeOurEnergy.com.

It only takes two minutes of your time, and you’ll help put America back on the road to prosperity. We cannot let America’s energy resources go to waste.
Your support for The Heritage Foundation helps us accomplish everything we do. Thanks as always.

Sincerely,
Edwin J. Feulner, Ph.D.

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