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Diaz-Balart on soaring Gas Prices

April 29, 2011

Washington, D.C. –Congressman Mario Diaz-Balart (R-FL) released the following statement in response to the skyrocketing gas prices under the Obama Administration.

“As gas prices continue to soar, the White House responds with lousy excuses saying, ‘there is no silver bullet’ for combating rising gasoline prices. The American people deserve a response that will provide relief at the gas pump. I strongly encourage the administration to change their anti-energy policies that continue to lead to the rising energy costs,” said Diaz-Balart.

The President’s anti-energy policies are driving up gas prices, costing American jobs, and increasing our dependence on foreign oil. Facts on how:

  • About 12,000 jobs lost and more than 36,000 jobs at risk. According to a study by Louisiana State University monetary economist Dr. Joseph Mason.
  • More than a 200,000 barrel per day decrease in Gulf Coast Energy Production. According to the Energy Information Administration’s March 2011 “Short Term Energy Outlook.”
  • 27 billion barrels of oil under lock and key in Alaska. According to a recent Fox News report.
  • More than 40 American energy production projects stalled. According to the House Natural Resource Committee notes.

House Republicans have introduced three separate bills that focus on expanding offshore energy production that will create jobs, lower energy costs, and lessen our dependence on foreign oil. I ask the President and Democrats in Congress to listen to the American people and join House Republicans in passing the legislation,” added Diaz-Balart.

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