Dems' Rejoicing Over the Supreme Court Ruling on Trump's Tariffs Got Wrecked...by CNN?
'Out of Nowhere' Canadians Are Now Poorer Than Alabamians. The Reactions Have Been...
Trump Shut Down CNN During Yesterday's Tariff Presser
Student ‘ICE Out’ Protests Go Viral Across US – Now Schools are Taking...
Here's Why the US Is Losing Farms at an Alarming Rate
This State Is Getting Closer to Eliminating Property Taxes
‘Privileged, White, and Well-Off’? Canada’s MAiD Program Just Got Even More Disturbing
How America Has Destroyed Its Democracy, Part Two: The Aristocracy of Merit
Three Congressional Missteps on Healthcare
Today’s Qualifications to Be President of the U.S.
It's True: Gavin Newsom's California Government Has Paid Protestors Over $100 Million
Three Iranian Nationals Indicted For Attempting to Sell Google Secrets to Home Country
Energy Security Is National Security: How America Maintains Its Military Edge
Ukraine's Bureaucrats Are Finishing What China Started
Rising Federal Debt: Why Strategic Planning Matters More Than Ever for High-Net-Worth Fami...
Tipsheet

DRILLING VICTORY

DRILLING VICTORY
From the Hill this morning:
Democrats Concede to GOP Demands Not to Extend Energy Bans in CR: “Two parties that started September headed for a bitter clash that could have shut down the government are now preparing for a quiet departure as each tries to shift into campaign mode. Democrats have given in to GOP demands to lift a decades-old ban on expanding offshore drilling, paving the way for must-pass legislation to keep the government running after Oct. 1. By conceding to the GOP demands over oil drilling, Democrats are seeking to blunt the campaign slogan that they are standing in the way of lower gas prices.”
Note: This is not the "sham" energy bill the House Republicans have been blasting. This is a congressional ban on offshore drilling that must be renewed every year. This year, however, they are not going to renew it. They are going to let it expire--which means it will be legal to drill offshore and explore shale in the Rocky Mountains....at least until Congress returns after November, or January.

The ban will expire while Congress is on recess, again, for the November elections. Dem leadership plans to send everyone home on September 26 for the November elections and it unclear if they will be returning for a "lame duck" session after the elections.

Of course, when they do come back they can pass a law to put prohibitions on drilling back in place, which the Democrats would probably like to do if Obama wins. Then they won't have to deal with any Bush vetoes.

On the other hand, if McCain-Palin wins, they may have to sign a more expansive energy bill than they think.

Advertisement

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement