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One Year Later: As Anniversary of Lifting of Offshore Energy Ban Approaches, IER Asks: “Where’s the Energy?”

FOR IMMEDIATE RELEASE
July 10, 2009
Contact:
Laura Henderson, 202.621.2951
Patrick Creighton, 202.621.2947

One Year Later: As Anniversary of Lifting of Offshore Energy Ban Approaches, IER Asks: “Where’s the Energy?”

IER joins broad coalition of pro-energy, pro-consumer groups in asking White House, Congress to free American energy

WASHINGTON – As the July 14 anniversary of President Bush’s decision to lift his office’s unilateral ban on offshore energy development approaches, the American people are no closer to accessing those abundant reserves of homegrown energy than they were last July. Recognizing this fact, and seeking an explanation for it, the Institute for Energy Research (IER) today joined more than a dozen other pro-energy organizations in asking the president to move forward aggressively with expanded domestic offshore energy production.

Thomas J. Pyle, president of IER, issued the following statement:

“While the outdated presidential ban on clean, safe domestic offshore energy production may no longer be intact, more action is needed from Washington before the American people can access the energy offshore that’s rightfully theirs. The president has stated time and again that energy security is a chief concern of his administration. Well, this one-year anniversary of the lifting of the offshore ban should serve as a stark reminder to the American people, and to the president and Congress, that energy security will not – and cannot – be achieved without allowing America to produce its vast amounts of energy resources we have right here at home, especially along our outer continental shelf.”

NOTE: Click HERE to view this letter.

The Institute for Energy Research (IER) is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets. IER maintains that freely-functioning energy markets provide the most efficient and effective solutions to today’s global energy and environmental challenges and, as such, are critical to the well-being of individuals and society.

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