Bush calls on Congress to lift oil drilling ban

Given its proximity to existing oilfields in the Gulf of Mexico, and the pipelines and other infrastructure already in place in the region, Florida offers some of the more promising lease prospects for new oil development.

Bush's proposal echoes a call by Republican presidential candidate, Sen. John McCain, to open the Outer Continental Shelf for exploration. Democrat Barack Obama has opposed the idea and instead argued for helping consumers with a second economic stimulus package including energy rebates, as well as stepped up efforts to develop alternative fuels and more fuel-efficient automobiles.

"If offshore drilling would provide short-term relief at the pump or a long-term strategy for energy independence, it would be worthy of our consideration, regardless of the risks," Obama spokesman Bill Burton said in a statement. "But most experts, even within the Bush administration, concede it would do neither. It would merely prolong the failed energy policies we have seen from Washington for thirty years."

Congressional Democrats Monday renewed opposition to lifting the drilling moratorium, accusing the president of hoping the U.S. can drill its way out a problem.

"Once again, the oilman in the White House is echoing the demands of Big Oil," said House Speaker Nancy Pelosi. "The Bush plan is a hoax. It will neither reduce gas prices nor increase energy independence. It just gives millions more acres to the same companies that are sitting on nearly 68 million acres of public lands and coastal areas."

"This proposal is something you'd expect from an oil company CEO, not the president of the United States," said Sen. Barbara Boxer, D-Calif., chairwoman of the Senate Environment Committee. "The president is taking special-interest government to a new level and threatening our thriving coastal economy."

It’s not clear how much oil and natural gas lie offshore in areas currently covered by the drilling ban. In any case, it would be years before new production would be brought online, offering no short-term relief to high gasoline prices. Bust also called for a streamlined permitting process to help speed construction of new refining capacity in the U.S.

Bush said offshore drilling could yield up to 18 billion barrels of oil over time, although it would take years for production to start. Bush also says offshore drilling would take pressure off prices over time. In addition, the president has proposed opening the Arctic National Wildlife Refuge for drilling, lifting restrictions on oil shale leasing in the Green River Basin of Colorado, Utah and Wyoming and easing the regulatory process to expand oil refining capacity.

Senate Minority Leader Mitch McConnell, R-Ky., and other lawmakers have backed legislation to allow offshore exploration. Their measure would pursue other ways to expand energy sources, too.

"Now the only thing standing between consumers at the pump and the increased American energy they are demanding is the Democrat leadership in Congress," McConnell said. "We should act and act now."

Sen. John McCain, the presumptive Republican presidential nominee, called Bush's move "a very important signal" and said his Democratic rival, Sen. Barack Obama, should drop his opposition to offshore drilling.

Environmental groups repeated their opposition to expanding offshore drilling.

"President Bush has once again ignored the wise precedent set by his father and taken reckless action that has neither hope of reducing gas prices nor concern for long-term consequences," said Gene Karpinski, president of The League of Conservation Voters.

Asked if Bush's action alone will lead to more oil drilling, White House press secretary Dana Perino said, "In terms of allowing more exploration to go forward? No, it does not."

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