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Economy
Republicans Pledge New Legislation for Domestic Energy Production
2011-03-10
As Democrats call for tapping the nation's emergency oil supply to ease rising gas prices, Republicans pushed Thursday for a raft of new proposals aimed at boosting domestic energy production.

House Speaker John Boehner joined with other Republicans to promise a string of "bite-sized" energy bills, which are expected to deal with drilling, building pipelines and facilitating the development of nuclear power.

"As gas prices go up, the cost of everyday life goes up," Boehner said Thursday, warning that the increase harms the very businesses the country is depending on for a robust economic recovery.

Republicans titled their new push for domestic energy production the "American energy initiative," and vowed to introduce legislation in the coming weeks.

Boehner said the proposals would be divided into "chunks," noting that the days of comprehensive legislation should be over -- an apparent dig at the health care overhaul.

The speaker suggested one bill could deal with expanding the use of natural gas; another could encourage oil and gas exploration while devoting royalties to "green energy development;" and another could promote nuclear energy.
Fuck green energy development dipshits. Work on what works NOW rather than a pie in the sky dream that hasn't proven to work for shit and let the private sector come up with a solution.
Posted by:DarthVader

#3  Maybe, now that high oil prices are built into the economy, this could be a tactic to lower energy prices and bury inflation. We still can't invest those dollars into anything useful until they come back down to where they should be, about in the $20/bbl or so.
Posted by: gorb   2011-03-10 23:55  

#2  Long as the old-guard Republicans are in charge we will always get token legislation like this. What will be telling is if they counter Obama's new energy-push tommorrow with their own "Drill now, Drill smart, Drill safe" initiative.
Posted by: Charles   2011-03-10 20:28  

#1  Fuck green energy development dipshits. Work on what works NOW rather than a pie in the sky dream that hasn't proven to work for shit and let the private sector come up with a solution.

Shite yea, what are these Dems planning to do when theres a run on healthfood stores and all the Wild Oats and Trader Joes shelves are empty because everyone stockpiled because it costs 15 dollars to take a trip to buy sprouts and tofu, and tofu costs 6 dollars?
Posted by: Fire and Ice   2011-03-10 19:11  

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