We've just been alerted that despite House Democrats relenting on extending bans on offshore drilling and oil shale in the continuing resolution (CR) appropriations bill, Democrat Senate Leader Harry Reid has decided to sneak an extension of the oil shale ban through as Congress fights over the financial bailout. Oil shale in America's West is estimated to hold be between 800 billion and 2 trillion barrels of oil -- that is more than three times the proven oil reserves in Saudi Arabia alone.
Here is the text of Reid's proposed new ban on oil shale, that he is trying to add as an amendment to the CR or move seperately as a "stimulus" package, or we should say an anti-stimulus package if this is included.
Sec 1602 continues ban on oil shale. The language follows:
SEC. 1602. Notwithstanding any other provision of law, including section 152 of division A of H.R. 2638 (110th Congress), the Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009, the terms and conditions contained in section 433 of division F of Public Law 110?161 shall remain in effect for the 19 fiscal year ending September 30, 2009.
It would be an insult to all Americans if Senate Democrats worked to bailout Wall Street while damaging our future prosperity by banning development of vast energy reserves in oil shale.
This is what annoys me about earmarks--very sneaky, imo. Does Reid not know that increasing problems is a problem and causing hardships on Americans?
Re: Reid to Renew Oil Shale Ban, Deny Americans Vast Energy Resources During Economic Crisis
All I hear is whining about restricted access to dirty, unsustainable energy sources. Where is the determination to pursue something more future-focused that could spur tech job growth and lead to true energy independence? Solar, wind, water and geothermal power can be produced locally, even on an individual level, decentralizing energy production. What's better than that??
Extracting oil from shale and sand is very resource intensive and threatens environmental integrity. We're going to risk the cleanliness of our own water supplies, use up a bunch of energy in processing, just to put the oil on the world market? How does that really help the US??
I'm confused. I thought the Dems already agreed to a watered down, pointless drilling bill. Why is he bringing this up now? It's like he's never seen the polls on this issue. Does he secretly work for McCain too?