Rep. Calvert Introduces Bill To Allow For Energy Exploration In Outer Continental Shelf
Posted by: Dave Everett | 07/25/2008 9:34 AM
Rep. Calvert Introduces Bill To Allow For Energy Exploration In Outer Continental Shelf
WASHINGTON, D.C. July 17, 2008- Today Congressman Ken Calvert (R-CA) introduced the MORE Act, the Maximize Offshore Resource Exploration, H.R. 6529 (attached).
"This week the President lifted the executive moratorium on offshore energy exploration and now Congress should follow his lead and end the congressional moratorium as well," said Rep. Calvert. "My legislation allows for federally-permitted development of resources beyond 25 miles off the coastline and provides a strong incentive for states to allow federal-lease exploration within 25 miles."
Under the MORE Act, states will receive 75% of the royalties for oil and natural gas production beyond 25 miles of the coastline and the U.S. Treasury would receive the remaining 25%. If states elect to allow exploration and production within 25 miles of their coastline, then their share of the royalties would increase to 90%. At 25 miles from the coast, no evidence of energy exploration is visible from the coast under any condition.
The MORE Act will provide:
MORE offshore domestic energy production;
MORE royalty revenue for producing states and the U.S. Treasury;
MORE energy security for America; and
MORE relief at the gas pump.
The MORE Act will increase oil and natural gas supplies by removing existing restrictions on offshore energy exploration and production in the OCS. The bill establishes a state's choice on exploration and production for areas within 25 miles of the coastline.
"My bill respects the sovereignty of the state while providing a financial incentive to states for the development of resources off their coastline," said Rep. Calvert. "For states such as California, this could translate into billions of dollars for schools, law enforcement, transportation infrastructure, and environmental and renewable energy programs. The MORE Act benefits Americans at the gas pumps and rewards states who elect to be part of the solution to the U.S. energy problem."
Original co-sponsors of the bill include: Dan Burton (R-IN), John Carter (R-TX), John Doolittle (R-CA), Elton Gallegly (R-CA), Wally Herger (R-CA), Paul Kanjorski (D-PA), Robert Latta (R-OH), Jerry Lewis (R-CA), Dan Lungren (R-CA), Buck McKeon (R-CA), Devin Nunes (R-CA), George Radanovich (R-CA), Dana Rohrabacher (R-CA).


Our energy problem is the direct result of government regulations against energy development inthis country. Off shore drilling is only one example. California state govenment is desperate for new sources of money and this legislature would help solve California's financial probles. The country needs an all inclusive energy
If my numbers are correct the United States uses about 22 million barrels of oil each day and imports 70% of that amount (about 15 million barrels each day) exporting $700 billion dollars each year. To arrive at energy independence the US would need an energy plan to develop its vast energy sources on the magnitude of our Apollo moon program. The first step is turning the planning over to the best system engineers in the world, our aerospace system engineers. The Energy Department should develop the goals and requirements and fund system studies. Suggested goals might be to develop each of our reserves to save one million barrels of imported oil each day, e.g., offs shore oil drilling ( 1 million barrels per day), oil shell (1 million barrels per day), wind (1 million barrels per day), solar (1 million barrels per day), conservation (1 million barrels per day), natural gas ( 1 million barrels per day), application of new technology such as fuel cells and hybrid automobiles ( 1 million barrels per day), clean coal ( 1 million barrels per day), nuclear ( 1 million barrels per day), satellite power systems ( 1 million barrels per day), etc. Studies would soon determine the feasibility of each goal and determine which might result in more savings and which in fewer savings. System studies could be short durations e.g. 3 months and competitive. The next step is a detailed plan for implementation with legislative, funding and schedule requirements followed by contracts. The new technology developments might initially be funded by the government with the energy industry funding hardware development and oil exploration. The electrical industry and oil companies spend billions each year for new energy. The 700 billion dollars currently going overseas would be spent in this country boosting our economy and creating millions of new jobs, etc.
It is suggested by many that if such a plan were successful the United States might become the energy exporters of the future.
plan.
Calvert has been a friend of big oil his entire time in office so it doesn't surprise me that he suddenly thinks the answer to our sky rocketing gas prices is offshore drilling and that the billions in tax cuts and incentives he has voted on has nothing to do with the current state of our economy. I just read an article that said gas prices jumped 30 cents during Clinton's 8 years in office and it's jumped over $3.00 under Bush - doesn't take a rocket scientist to figure out why. I mean the truth is Calvert's been in office now for 16 years and been in the pocket of big oil all this time yet when the election rolls around, he's suddenly really concerned about gas prices in the district. Hope he suddenly decides to care about our borders (he's a big talker on that issue as well yet they aren't one bit more secure than they were when he took office 16 years ago). Instead, this district he supposedly represents has lost countless jobs due to outsourcing and faced a record number of foreclosures. I'm tired of the "talk" - I want to see some action!