Labrador Statement on House Legislation to Lower Gas Prices

Statement

Date: May 5, 2011
Location: Washington, DC
Issues: Oil and Gas

Idaho First District Congressman Raúl R. Labrador issued the following statement on the House of Representatives passing H.R. 1230, Restarting American Offshore Leasing Now Act, which he voted in favor of. The final vote was 266 to 149.

"We are seeing higher prices for gasoline and crude oil earlier in the year, which does not provide a good outlook to summer prices. These record high gas prices directly impact every sector in our economy. From small businesses to the basic needs of a family -- we simply just cannot afford to see the prices at the pump to become exponentially more expensive.

"Today the House of Representatives passed three bills that will increase domestic production of oil and natural gas. This legislation not only will increase production but will also hold companies accountable to improved safety standards and protocols. When we are able to produce energy from our public lands, royalty payments are made to the treasury which works to reduce the deficit.

"In a time of rising gas prices, the American people can no longer afford the negative impact of the Obama Administration's failed energy policies. We can proceed with domestic production of oil and natural gas in an environmentally safe manner. I commend my colleagues for passing these bills, which if enacted will promote the growth of new jobs, promote energy independence and protect our country."


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