Alexander Joins Members of Gulf Coast Congressional Delegation in Calling for an End to Drilling Ban

June 14, 2010

Texas, Louisiana, Mississippi and Alabama Members discuss the economic impact of the current drilling ban

WASHINGTON, D.C. – U.S. Rep. Rodney Alexander, R-Quitman, and Members of the Gulf Coast congressional delegation will hold a press conference to call for an end to the current moratorium on new deepwater drilling at 2:00 p.m. EST, June 15 in Washington, D.C. Congressional members are unified in their support for responsible offshore drilling and continued development of our natural resources.


WHEN:
Tuesday, June 15, 2010
2:00 p.m. EST

WHERE:
House Triangle, Capitol Hill

WHO:
Rep. Ted Poe (TX-02)
Rep. Charles Boustany (LA-07)
Rep. Gregg Harper (MS-03)
Rep. Robert Aderholt (AL-04)
Rep. Joe Barton (TX-06)
Rep. Michael Burgess (TX-26)
Rep. Kevin Brady (TX-08)
Rep. Michael Conaway (TX-11)
Rep. John Culberson (TX-07)
Rep. Ralph Hall (TX-04)
Rep. Michael McCaul (TX-10)
Rep. Randy Neugebauer (TX-19)
Rep. Pete Olson (TX-22)
Rep. Rodney Alexander (LA-05)
Rep. Bill Cassidy (LA-06)
Rep. John Fleming (LA-04)
Rep. Steve Scalise (LA-01)

The six-month moratorium that the Department of the Interior has imposed on deepwater drilling in the Gulf has the potential for significant economic damage to the Gulf Coast and throughout the United States. If this drilling moratorium continues for an extended period of time, analysts predict that well over 20,000 existing and potential new jobs will be lost in the Gulf Coast region.

Many offshore drilling companies and suppliers will not be able to survive this six-month period and will either go out of business or move their employees and assets abroad, further crippling America’s energy industry. The second highest single source of federal revenue each year comes from offshore drilling at $6 billion per year.

Additionally, reliance on foreign oil puts America’s national security at risk. If it is not coming from off the coast of our shores where we can responsibly oversee the production, it is going to come from abroad, often from the Middle East and other volatile areas of the world.

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