Politics

Pelosi Statement on Comprehensive Energy Plan of New Direction Congress

By Office of the Speaker

Speaker Nancy Pelosi issued the following statement in response to President Bush?s comments today on energy:

For too long, the President?s and Republicans? ?drill only? energy policies have reflected the demands of Big Oil.

The New Direction Congress is crafting a comprehensive energy strategy that will provide relief for consumers, end our dependence on foreign oil, create millions of jobs and grow our economy. The Democratic plan will promote efficiency and invest in renewable sources of energy, responsibly increase domestic supply by opening portions of the Outer Continental Shelf for drilling, with appropriate safeguards, and without taxpayer subsidies to Big Oil, and require Big Oil to pay the billions of dollars they owe in royalties to invest in clean energy resources.

America faces a choice: a continuation of the Bush-Cheney-McCain legacy of soaring prices and greater dependence on foreign oil or a comprehensive, bipartisan strategy that develops new and traditional sources of energy.

Full post as published by The Gavel on September 02, 2008 (boomark / email).