According to an article published in the New York Times on June 17, on Wednesday, US President Bush urged the Congress to abolish the federal ban on drilling of the seabed and to open some of the national wildlife conservation areas in the Arctic Circle for oil development. He declared that these steps will It will reduce oil prices and "strengthen our country's security."
Over the past few years, President Bush has repeatedly stated that "scientists have developed innovative technologies that can guarantee the exploitation of oil without affecting the local and nearby wildlife. I urge lawmakers to allow these remote places to bring tremendous benefits to the American people. interest". Bush also urged Congress to allow the use of oil shale for oil extraction on the federal land. He believes that doing so now is a lot more economic than it did a few years ago; he also urged Congress to approve the construction of a new oil refinery.
For many years, President Bush has stated that he supports the development of oil and gas resources in Arctic national wildlife conservation areas and signed a bill in 2006 to expand oil development in the Gulf of Mexico. However, the topic of drilling on other coastlines has always been very sensitive to the Bush family. In 1999, President Bush’s father signed a presidential bill prohibiting coastal oil and gas drilling. His older brother Jeb served as governor of Florida. Expressed opposition to drilling on the seabed.
Undersea drilling is currently banned by two bills. One is the law of the National Assembly and the other is the presidential decree of the old Bush. With oil prices now selling above $130 a barrel in the futures market and there is no sign that oil prices will stop climbing, Mr. Bush, a former oil company from Texas, vowed to deal with energy shortages when he first assumed office. Of course, it is unwilling to end its term in the energy crisis.
Over the past few years, President Bush has repeatedly stated that "scientists have developed innovative technologies that can guarantee the exploitation of oil without affecting the local and nearby wildlife. I urge lawmakers to allow these remote places to bring tremendous benefits to the American people. interest". Bush also urged Congress to allow the use of oil shale for oil extraction on the federal land. He believes that doing so now is a lot more economic than it did a few years ago; he also urged Congress to approve the construction of a new oil refinery.
For many years, President Bush has stated that he supports the development of oil and gas resources in Arctic national wildlife conservation areas and signed a bill in 2006 to expand oil development in the Gulf of Mexico. However, the topic of drilling on other coastlines has always been very sensitive to the Bush family. In 1999, President Bush’s father signed a presidential bill prohibiting coastal oil and gas drilling. His older brother Jeb served as governor of Florida. Expressed opposition to drilling on the seabed.
Undersea drilling is currently banned by two bills. One is the law of the National Assembly and the other is the presidential decree of the old Bush. With oil prices now selling above $130 a barrel in the futures market and there is no sign that oil prices will stop climbing, Mr. Bush, a former oil company from Texas, vowed to deal with energy shortages when he first assumed office. Of course, it is unwilling to end its term in the energy crisis.
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