Ending Offshore Drilling Moratorium, Bush Chooses Politics Over Climate Action
President Bush came into office as an oil man, and seems determined to leave office as one.
Statement by Larry Schweiger
President & CEO, National Wildlife Federation
WASHINGTON, DC -- "Today--by lifting the ban on drilling in our coastal waters--President Bush is using executive authority in a way that would make global warming worse and keep the U.S. addicted to oil for decades to come.
"President Bush came to office as an oil man, and seems determined to leave office as one. But America's future is not in fossil fuels. Our future has to be about breaking our addiction to fossil fuels and building a clean energy future.
"Americans shouldn't be fooled by oil companies and politicians who want us to believe that America can drill its way out of higher gas prices and a failed energy policy. Federal legislation that promotes clean, alternative energy and reduces global warming pollution will reduce our oil imports four times more than drilling in the Outer Continental Shelf, the Arctic National Wildlife Refuge, and the Rocky Mountain states, combined.
"With only three percent of the world's oil, the United States could drill every national park, wildlife refuge and coastline and still be importing the vast majority of the oil we use. As long as we are dependent on oil, we are susceptible to global supply and demand factors and the OPEC cartel.
"Calls for more drilling will only increase the already record profits of big oil and will do little to reduce the costs of gas at the pump.
"According to President Bush's own U.S. Department of Energy, the total additional oil that could be brought into production from drilling in the Outer Continental Shelf, the Arctic National Wildlife Refuge, and the Rocky Mountain states combined is likely to be only about 1.2 million barrels of oil a day at peak production. Even in the most optimistic case, drilling in those areas combined would only mean 4-5 cents a gallon less by 2025. 'Because oil prices are determined on the international market, however, any impact on average? prices is expected to be insignificant,' according to the Energy Department.
"Investing in a clean energy future is the only way to break our addiction to fossil fuels and protect us from the catastrophic consequences of global warming."
The National Wildlife Federation is America's conservation organization inspiring Americans to protect wildlife for our children's future.
July 14, 2008
Aileo Weinmann, National Wildlife Federation, 202-797-6801, email@example.com