House Natural Resources Committee Chairman Doc Hastings (WA-04) released the following statement today regarding Interior Secretary Ken Salazar and Energy Secretary Steven Chu’s announcement of new offshore wind projects in the mid-Atlantic:
“Offshore wind is an important part of a robust all-of-the-above energy plan. However, it’s unwise for the Obama Administration to exclusively focus… Read more »
Lawmakers: Egypt shows U.S. should start drilling
1/31/2011
Houston Chronicle
Jennifer Dlouhy
Civil unrest in Egypt and fears about a shutdown of oil shipments through the Suez Canal are stoking higher crude prices and calls in Congress for expanding domestic energy production.
Rep. Doc Hastings, R-Wash., the head of the House Natural Resources Committee, said the Egyptian turmoil is… Read more »
House Natural Resources Committee Chairman Doc Hastings (WA-04) delivered the following opening statement at today’s Full Committee Oversight hearing on the President’s National Oil Spill Commission findings and recommendations:
“It’s been nine months since the horrific explosion and oil spill in the Gulf of Mexico that resulted in the death of 11 men and the burning and sinking of the… Read more »
House Natural Resources Committee Chairman Doc Hastings (WA-04) released the following statement regarding the President’s State of the Union address:
“The President spoke at length tonight on the need to increase our economic competiveness and create new jobs. However, it’s the spending and job-destroying policies of his Administration that are jeopardizing our economic future.
“Today,… Read more »
Hastings Says Gas Prices Could Drive Drilling Debate
1/20/2011
National Journal
Amy Harder
A top House Republican predicted Wednesday that Congress could see a repeat of its bruising debate over offshore drilling from 2008 if gasoline prices continue to rise.
“I think we could potentially … see a similar type of discussion,” House Natural Resources Committee Chairman Doc Hastings,… Read more »
Yesterday, the Associated Press reported on rising gas prices causing consumers to shift spending habits, which could directly curtail economic recovery:
“Thursday's government report on retail sales indicates that consumers are skipping a restaurant meal or a movie because they have to spend more to drive…If the price [of gas] goes up a dime, it means consumers pay $40 million more each… Read more »
House Natural Resources Committee Chairman Doc Hastings (WA-04) released the following statement regarding the further division of the former MMS into the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement:
“There was bipartisan recognition of the need to improve the operations of MMS in order to ensure that U.S. offshore drilling is the safest in… Read more »
House Natural Resources Committee Chairman Doc Hastings (WA-04) released the following statement regarding the final report and recommendations from the President’s National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling. The House Natural Resources Committee is scheduled to hold a hearing, with testimony from Commission Co-Chairs William Reilly and Bob Graham, on… Read more »
House Natural Resources Committee Ranking Member Doc Hastings (WA-04) issued the following statement on today’s report by Louisiana State University Endowed Chair of Banking and economist Dr. Joseph R. Mason on the economic impacts of President Obama’s proposed tax increases on oil and gas. The report concluded that the President’s proposed tax hikes will cost over 154,000 jobs by 2011,… Read more »
Regulators’ Report Warns Of Econ Harm From US Oil Ban
2/15/10, 6:30 PM
Wall Street Journal
Ian Talley
WASHINGTON --The U.S. economy could lose trillions of dollars in income and see oil imports increase if the Obama administration maintains a moratorium on domestic petroleum development in closed areas, a new report warns.
The study was co-commissioned by the National Association… Read more »