Austin TX -- Today Texas Railroad Commissioner Elizabeth Ames Jones wrote President Obama about her concerns over the moratorium on drilling in the Gulf of Mexico. While stressing that it is imperative to hold BP fully accountable for this disaster she pointed out that a drilling moratorium was bad policy saying that Two wrongs do not make a right.
The suspension of operations at 33 previously approved and permitted deepwater drilling locations in the Gulf of Mexico must be reversed. The immediate impact from that suspension on the economies of the gulf states that allow offshore drilling will be terrible and the larger impact for Americans would be devastating in the long term.
Commissioner Jones focused on the thousands jobs across Texas and other gulf states that could be lost along with the dangers of becoming more reliant on foreign oil.
Another consequence is the lost production of an estimated 80-100000 barrels of oil per day from these 33 wells. This means the loss to the U.S. Treasury of substantial royalty payments on America*s leased minerals. These minerals belong to the American people who have entrusted their stewardship to the federal government said Jones.
A drilling moratorium is the wrong move at the wrong time as our nation is trying to recover from recession. Similarly shutting down the principal economic force along the gulf coast not only impedes the national economic recovery but it increases our nation*s reliance on foreign oil imports Jones said
Jones 53 was elected to the Texas Legislature in a landslide-upset victory in 2000. She was overwhelmingly elected to serve a six-year term in 2006 after her initial appointment to the commission in 2005 by Governor Perry. She is a staunch advocate for the responsible production of America*s energy resources tort reform and limited government and Jones lends her insight and voice to a wide range of conservative issues in Texas and nationally. Her commentaries have been published in the Wall Street Journal the Washington Post and other major newspapers.
Austin TX -- Today Texas Railroad Commissioner Elizabeth Ames Jones wrote President Obama about her concerns over the moratorium on drilling in the Gulf of Mexico. While stressing that it is imperative to hold BP fully accountable for this disaster she pointed out that a drilling moratorium was bad policy saying that Two wrongs do not make a right.
The suspension of operations at 33 previously approved and permitted deepwater drilling locations in the Gulf of Mexico must be reversed. The immediate impact from that suspension on the economies of the gulf states that allow offshore drilling will be terrible and the larger impact for Americans would be devastating in the long term.
Commissioner Jones focused on the thousands jobs across Texas and other gulf states that could be lost along with the dangers of becoming more reliant on foreign oil.
Another consequence is the lost production of an estimated 80-100000 barrels of oil per day from these 33 wells. This means the loss to the U.S. Treasury of substantial royalty payments on America*s leased minerals. These minerals belong to the American people who have entrusted their stewardship to the federal government said Jones.
A drilling moratorium is the wrong move at the wrong time as our nation is trying to recover from recession. Similarly shutting down the principal economic force along the gulf coast not only impedes the national economic recovery but it increases our nation*s reliance on foreign oil imports Jones said
Jones 53 was elected to the Texas Legislature in a landslide-upset victory in 2000. She was overwhelmingly elected to serve a six-year term in 2006 after her initial appointment to the commission in 2005 by Governor Perry. She is a staunch advocate for the responsible production of America*s energy resources tort reform and limited government and Jones lends her insight and voice to a wide range of conservative issues in Texas and nationally. Her commentaries have been published in the Wall Street Journal the Washington Post and other major newspapers.
