WASHINGTON – Institute for Energy Research President Thomas J. Pyle released the following statement in advance of the Obama Administration’s expected announcement that they will not include any areas for leasing offshore in the eastern Gulf of Mexico, Pacific, or Atlantic coasts in their next five year plan, effectively placing those resources under a permanent moratorium.

“It is now abundantly clear that the Administration and Interior Secretary Ken Salazar will stop at nothing – lost jobs, tax revenue or a threat to national security – to enforce their vendetta against domestic energy production.  Despite promises made to Senator Landrieu and the thousands whose livelihood depends on energy development, they continue to pursue an “all or nothing” approach to alternative energy that will do nothing more than weaken our economy, increase our dependence on foreign oil and eliminate thousands of well paying, secure American jobs.”

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