Alexander supports offshore exploration

Alexander supports offshore exploration

Posted: Tuesday, June 24, 2008 9:04 pm

Giving states authority to explore 50 miles offshore could produce an extra million barrels a day of oil and gas, according to U.S. Sen. Lamar Alexander. Alexander made two recent speeches on the Senate floor about the differences between Republicans and Democrats in combating rising gas prices. He read from e-mails from Tennesseans who responded to his request for stories about the way gas prices are impacting their lives. “I am hearing from a lot of them,” he said. He received more than 500 replies via e-mail. He spoke of a Morristown charity executive who wrote that mileage reimbursements are not covering the expenditures of drivers who deliver meals to the region’s elderly. He also read e-mails from Johnson City medical students who have to live by maxing out their credit cards to be able to afford to travel to all the area medical centers for training. He spoke of Tennessee families having trouble paying their mortgages. And he spoke of a Winchester nutrition director who is having to raise school lunch prices to compensate for the rise in gas and food prices. “Given the extraordinary im-pact of $4 a gallon gasoline on the people of Tennessee and the people of this country, they are looking to us in the Senate and the Congress to do something about it,” he said. Other than supporting offshore exploration for gas and oil, Alexander supports: • great oil exploration in Alas-ka. • more environmentally friend-ly “green” buildings. • increased fuel efficiency standards for vehicles. • greater use of plug-in electric cars and trucks. • building additional nuclear power plants. “I notice there are some interesting new professors of economics on the Democratic side of the aisle who seem to be trying to repeal the law of supply and demand,” Alexander said. “I have been studying this strange development, and I am trying to trace the source of it. It would appear that maybe the source of it is the young new chairman of the Department of Economics on that side of the aisle, because The New York Times reports this morning that Sen. Obama opposes drilling in Alaska, and says he is ‘not a proponent,’ in his words, of nuclear power, which provides 20 percent of our electricity today and 70 percent of our clean carbon-free electricity. He would consider banning new coal plants without clean coal technology. “Coal produces 45 percent of our electricity today. In 2006, Mr. Obama voted against further exploration in the Gulf of Mexico for oil and gas, in a portion of the Gulf known as Lease 181. More than 70 senators from both sides of the aisle voted for it, which, so far as I can tell, leaves Sen. Obama with not much more than a national windmill policy, as opposed to a national energy policy, for this great United States of America, which consumes every year 25 percent of the energy of the world. “Of course, it leaves these new professors of economics with the demand part of the supply-and-demand equation. “We Republicans also believe in demand. We are for green buildings. We believe most of the new buildings ought to be green buildings. That is probably the easiest way to save electricity. … “We Republicans as well as many Democrats, I am sure, are ready to give strong support to the idea of plug-in electric cars and trucks.” Published in The Messenger 6.24.08

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