Monday
Aug182008
Peña: Drilling won't reduce energy prices until 2030
“Senator McCain (R-Ariz.) is not going to help solve this energy crisis, because frankly he helped create it”, said Federico Peña, who served as both the Secretary of Transportation and Secretary of Energy under President Clinton. Peña spoke on a conference call to discuss McCain’s energy strategy, calling it “more of the same”.
Peña went on to say, “[McCain] blamed our dependence on foreign oil on the inaction of politicians in Washington, but he’s been there for the past 26 years and he did very little.” He also said that McCain has talked endlessly about drilling in the protected parts of our country like the Arctic National Wildlife Refuge (ANWR), despite reports from the Bush administration’s energy department that have shown drilling there would only reduce oil costs to Americans by a few cents. In addition, Peña said the energy department estimated that the small decrease in price would not come about at all until the year 2030.
Peña also attacked McCain’s plan for energy independence by saying that any reduction in price caused by increased production from the United States would be met with OPEC nations reducing their levels of production of oil to keep prices high. As such, he advocates investing in renewable sources of energy that are not subject to price fluctuations determined by foreign governments.
Peña went on to say, “[McCain] blamed our dependence on foreign oil on the inaction of politicians in Washington, but he’s been there for the past 26 years and he did very little.” He also said that McCain has talked endlessly about drilling in the protected parts of our country like the Arctic National Wildlife Refuge (ANWR), despite reports from the Bush administration’s energy department that have shown drilling there would only reduce oil costs to Americans by a few cents. In addition, Peña said the energy department estimated that the small decrease in price would not come about at all until the year 2030.
Peña also attacked McCain’s plan for energy independence by saying that any reduction in price caused by increased production from the United States would be met with OPEC nations reducing their levels of production of oil to keep prices high. As such, he advocates investing in renewable sources of energy that are not subject to price fluctuations determined by foreign governments.
Democrats Launch Campaign To Preserve Arctic Refuge
Senators Tom Udall (D-NM), Mark Udall (D-Colo.) and Rep. Ed Markey (D-Mass.) marked the 50th anniversary of the Arctic National Wildlife Refuge by launching a nationwide campaign to protect the Alaska based refuge from oil drilling and other industrial developments.
“In wildness is the preservation of the planet,” said Tom Udall. "We need to make sure that we preserve this area. It’s a very very special area.”
Titled “The Arctic is Alive,” the campaign will focus on the natural resources along the coastal plain as well as the native species that inhabit the area.
“The coastal plane of the Arctic refuge is the biological heart of the region and central to the survival of many species,” said Markey. “We would never dam the Grand Canyon, we would never strip mine the Yellow Stone and we should never drill in the Arctic Refuge.”
Mark Udall said he hopes the campaign will sway Congress to list the coastal plain under wilderness protection legislation, which would officially ensure its preservation.
“I think our mission is to not have to come back and celebrate the 100th anniversary... because it’ll just be a given that the wildlife refuge has been permanently protected as wilderness,” said the Colorado senator. "This isn’t just about us, it’s about the generations to follow.”