Jun 23, 2011

McCarthy Statement on SPR Release

Washington D.C. – House Majority Whip Kevin McCarthy (CA-22) released the follow in response to the announcement from the Obama Administration that they will release 30 million barrels of oil from the strategic petroleum reserve:

“Frankly, it’s pathetic that Democrats not only block domestic energy production at every turn, President Obama is now drawing down on our nation’s ‘strategic’ oil reserve which is intended for national emergencies, not as a political tool when a President is feeling heat over high gas prices. The Obama Administration’s opposition to domestic energy production is hurting families and businesses already struggling to make ends meet and simply releasing 36 hours worth of oil does not constitute an energy plan. In contrast, House Republicans want to decrease America’s dependence on foreign sources of oil by pursuing an all-the-above energy plan that increases U.S. domestic production in order to bring down energy prices and create jobs here at home.”