Ag News
President Calls for More Oil Drilling
Published Thursday, September 04, 2008 at 04:51 AM
Hurricane Gustav left very little damage to oil rigs in the Gulf of Mexico. As a result, President George W. Bush seems to be nudging Congress to open more coastal areas to offshore oil drilling. The President says the storm's impact on oil supplies and energy markets underscores the need for expanded offshore exploration.

The President says - when Congress comes back, they've got to understand that we need more domestic energy, not less. He says - one place to find it is offshore America, lands that have been taken off the books, so to speak, by congressional law. For weeks, the President has been urging Congress to lift a legislative ban on offshore oil drilling.

Energy Secretary Samuel Bodman says - initial flights showed no visible damage to 3,842 oil and gas production platforms along the Gulf Coast and that he expected quick restoration of production. Bodman expects oil production to approach 100 percent – within two weeks.

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