Fencing off OCS would be the Real Disaster for America.
WASHINGTON Rep. Joe Barton R-Ennis/Arlington ranking member on the House Energy and Commerce Committee made an impassioned statement at the start of Wednesdays hearing investigating the causes of the massive oil leak in the Gulf of Mexico.
The Congressman like everyone else wants answers to what happened and wants to make sure this disaster isnt repeated. To that end he grilled the executives of the companies involved asking questions about the equipment used at the well and why several fail safes didnt stop the leak.
But during his speech he also urged people not to overreact because we need off shore drilling to power our nation and keep us safe from our enemies.
Here is his entire statement or you can watch it by visiting
www.youtube.com/RepJoeBarton.
There is nobody on either side of the aisle in this subcommittee or the full committee that doesnt want to get the facts on the table about what happened down in the Gulf of Mexico approximately a month ago why it happened and what can be done to prevent it from happening in the future and remediate any damages both human and environmental" said Barton.
The 11 people that lost their lives is the primary tragedy. The fact that 5000 barrels of oil a day are spilling out of the well and coming to the surface and beginning to wash up on some of the beaches in Louisiana and Alabama is a problem but it is a problem that can be remediated Barton noted.
I want to focus on some of the things that Chairman Waxman said right at the end of his statement when he made the comment about taking on the oil industry as if this was some sort
of an adversarial situation between the people and the industry.
Nothing could be further from the truth. The United States of America is the greatest nation in the world because were based on the premise of freedom for every individual in this country. That freedom is enunciated in the Declaration of Independence. Our founding fathers had the foresight and the wisdom along with our political leadership for the last 200 years to say the best way to protect our freedoms is to provide maximum economic opportunity through a free-market capitalistic system.
Were one of the few nations in the world that has let the private sector develop our natural resource base. That has given us the most-productive economy the largest economy. The United States economy by itself is approximately a third of the total worlds gross product. That is not a consequence of government. It is a consequence of free men and women exercising free choices to maximize their opportunity and in so doing creating economic opportunity for everybody in the world.
Were in a situation now where if were going to have additional domestic energy production in a way that maintains our existing lifestyle it is going to be because we develop our natural resource base both on and offshore. I have absolutely no problem with the alternative energy sources whether they be solar wind ethanol hydro you name it. But theres a reason that were an oil-based economy.
Its because that barrel of oil refined into all the products that flow from it have a tremendous tremendous productivity potential. You can take a gallon of gasoline and you can power a 4000-pound car with four adults in it at 60 miles an hour in air-conditioned comfort down the highway all the way from New York City to Los Angeles Calif.
We do not want on either side of the aisle to have to import more and more foreign oil. Whether we like it or not the only real place to find significant additional oil deposits in
meaningful quantities is in the Outer Continental Shelf.
Now weve had an accident. It is not an act of God. The amount of pressure the amount of gas and oil that came up that bore hole is something that was foreseeable. It is something that could have been and should have been contained. The blowout prevention equipment that was on that rig had a design capacity that should have controlled that explosion.
It didnt. The facts that we have uncovered in this investigation through the documents that have been provided show that there was in all probability shoddy maintenance. There were mislabeled components the diagrams didnt depict the actual equipment but that was not an act of God like a hurricane earthquake or volcano that man cant control.
Through the efforts of this subcommittee the full committee and some of the other committees well get to the bottom of it. Well find out the facts and well take corrective measures to prevent that from happening in the future whether its legislation regulation or through best practices changes by the industry.
But what we should not do Mr. Chairman is make a decision to fence off the Outer Continental Shelf and treat this as the equivalent of the Three Mile Island accident for nuclear power and set back domestic oil and gas production in the Outer Continental Shelf for the next 20 or 30 years. That would not only be a mistake in my opinion it would be a disservice to the American people.
So I dont want to take on the industry. I want to work with the industry I want to work with the Congress I want to find out what the problem was I want to solve that problem and I want
to move forward. I dont want the United States of America to continue to import 12 to 14 million barrels of oil a day.
That one well in the Gulf though British Petroleum has not been explicit that one well probably has the potential to produce 50000 barrels of oil a day. To put that in perspective there are 200000 oil wells producing onshore in Texas producing a million barrels of oil. Thats five barrels a day per well in Texas.
This one well this one well is equivalent to 10000 oil wells in Texas. That one well in full production is one or two percent of the production capacity existing in the Gulf of Mexico today. Mr. Chairman we cant fence that off. We can correct the problem. We can prevent the problem.
We can try to change the technology but do not use this hearing use this accident as an excuse to take away from the American people probably the biggest domestic energy resource we have yet to develop on the North American continent" concluded Barton
